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Which Retailers Are Most at Risk for Showrooming by Amazon Customers
February 28, 2013

In the largest showrooming study to date, Placed identified Best Buy and Target as high-risk retailers for Amazon.com customers to view offline and buy online. Surprisingly, Best Buy and Target weren't the most at risk for showroomers taking over their aisles. The results from the Placed: Aisle to Amazon Study found that consumers who showroom and then purchase on Amazon are 20 percent more likely to visit Best Buy and 15 percent more likely to visit Target than average, but Bed Bath & Beyond, PetSmart and Toys"R"Us all face greater risk.

CDW Merchants Names New Manager
February 28, 2013

Gregg Winkelman has joined the CDW Merchants team as its business development manager. Winkelman will be based in New York and will be responsible for developing accounts in the area, as well as using his existing network to grow his business across the...

Under Armour Strikes Gold With Partnership With USA Gymnastics
February 28, 2013

BALTIMORE, Feb. 28, 2013 /PRNewswire/ -- Under Armour and USA Gymnastics today announced that Under Armour, Inc., the Baltimore, MD-based leader in athletic performance gear, will provide performance apparel, footwear, and accessories for the USA...

eBay-Owned Social Shopping Site Svpply Debuts A New Android App
February 28, 2013

eBay-owned  Svpply  is debuting an Android version of its Svpply mobile application today, which brings its catalog of over 2.4 million hand-picked items from 110,000 stores to the Android operating system for the first time. The company, which was...

Gap Inc. ends year with strong earnings growth
February 28, 2013

SAN FRANCISCO โ€” Gap Inc. reported that net sales for the fourth quarter were $4.73 billion, compared with $4.28 billion for the same period last year. Same-store sales were up 5% for the quarter, compared with a 4% decrease during the same period last...

Sears Holdings profits improve amid soft sales
February 28, 2013

Fourth quarter operating profits at Searโ€™s Holdings on an adjusted basis improved. 22% and same store sales at Sears flagship stores turned modestly positive. Total company same store sales at domestic stores declined 1.6%, comprised of a 3.7% decrease...

Wal-Martโ€™s U.S. chief administrative officer to step down
February 28, 2013

New York -- Wal-Mart Stores on Thursday confirmed a report from the Wall Street Journal that its U.S. chief administrative officer, Tom Mars, will step down in March. The company did not give a reason for his departure. Mars has been with the chain for...

Macy's Joins the Better Buildings Challenge
February 28, 2013

SHARE: Email Print LinkedIn Facebook Twitter Macys is joining a growing list of companies participating in the Better Buildings Challenge, a federal initiative to create clean energy jobs and lower energy bills for U.S. businesses. Macys said it will...

Ascena Retail Group Appoints David Johns SVP
February 28, 2013

SUFFERN, N.Y.--(BUSINESS WIRE)--Ascena Retail Group, Inc. (NASDAQ: ASNA) announced that David Johns has accepted the position of Senior Vice President and Chief Information Officer effective March 11, 2013. Mr. Johns joins ascena with extensive...