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Now that nearly every public company in trouble appears to be a potential target for a leveraged buyout (LBO), J.C. Penney Co. Inc. (NYSE: JCP) has a chance to restructure and change its fortunes out of the public eye, at least so far as investors and the...

Reston, Va. -- Despite the backdrop of continued economic uncertainty, 2012 was a strong year for retail e-commerce, according to comScore’s “2013 U.S. Digital Future in Focus” report. Throughout the year, growth rates versus the prior year remained in...

Sidney, Neb. -- Cabela’s Inc. announced plans to open a 42,000-sq.-ft. Cabela’s Outpost store in Waco, Texas. Construction is scheduled to begin this spring and doors are expected to open this fall. It will be the company’s fourth store in Texas,...

NEW YORK — Coach announced that Victor Luis has been appointed president and chief commercial officer. Concurrently, he has joined the board of directors. He will become CEO in January 2014. Lew Frankfort will continue as chairman and CE during this...

Ulta Salon Cosmetics and Fragrance Inc announced that Chuck Rubin will step down as President and Chief Executive Officer and as a director, effective February 21, 2013, to become Chief Executive Officer at Michaels Stores, Inc., a specialty retailer of...

Toys“R”Us Chief Executive Officer Gerald Storch will step down following a drop in holiday sales at the world’s largest toy-store chain. Storch, 56, joined the company in 2006 after Bain Capital Partners LLC, KKR & Co. and Vornado Realty Trust purchased Toys"R"Us for $6.6 billion. He will remain chairman and stay on as CEO during a search for his replacement, the Wayne, N.J.-based company said today in a statement. While Storch improved profitability, the chain has struggled to boost sales amid competition from Amazon.com and discount retailers Wal-Mart and Target.

3 minutes ago, 8:48am (ET) 02/14/2013 Datamonitor Francesca's Holdings Corporation, a provider of apparel, jewelry, accessories and gifts, has appointed Mark Vendetti as the new senior vice president and CFO of the company. Mr Vendetti will assume his...

eBay announced it was creating 450 new jobs in Ireland at its new operations center in Dundalk. The new jobs will help provide its European customer base of the company's eBay Marketplaces and PayPal businesses with an enhanced experience in the areas of...

Retail sales ticked up in the month of January as consumers adjusted their spending in response to the increase in payroll taxes and rise in gasoline and energy prices. According to the National Retail Federation, January retail sales (excluding automobiles, gas stations and restaurants) increased 0.3 percent seasonally adjusted from December and increased 5.4 percent unadjusted year-over-year.

Postmaster General Patrick R. Donahoe told a Senate committee on Wednesday he needed Congress to help the Postal Service close a $20 billion budget gap, and said Congress needed to act to avoid a taxpayer bailout of the organization. He said the USPS...