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Pinterest's Retail Problem
February 4, 2013

Fashion retailer H&M is pretty popular on Pinterest-in spite of itself. Over the last month, the social scrapbooking platform's users have pinned, repinned, commented on or liked the brand's products 145,000 times, according to Pinterest analytics firm Curalate (H&M is not a client). The problem is, a good number of H&M's popular pins feature dead links-an increasing problem for retailers, said Curalate. For example, one H&M dress has been shared on Pinterest nearly 1,200 times in the past 30 days. But clicking on that product's pin returns the message,"Sorry, this item is no longer available." 

Amazon.com goes dark for an hour
February 1, 2013

On Thursday the unthinkable happened, customers who wanted to do a bit of shopping on Amazon.com were met with an error message as the e-commerce site was down for nearly an hour. Though an hour may not be that long, it is still enough time to turn...

Best BUY Co Inc Canada To Shut 15 Stores, Lay Off 5%-Reuters
February 1, 2013

Reuters reported that Best BUY Co Inc's Canadian division will close 15 of its big-box stores across the Country and lay off 5% of its workforce in a drive to cut costs, the consumer electronics retailer said. About 5% of its Canadian workforce will be...

Saks supports Red Cross, local charities with new initiative
February 1, 2013

NEW YORK โ€” Saks has introduced its Saks Love Your Cause Initiative, which will give 5% of all registered purchases to the American Red Cross and select local organizations, during February. โ€œSaks Fifth Avenue is committed to our local communities. We...

Wal-Mart Limits Ammunition Sales After Demand Surges
February 1, 2013

Wal-Mart has started to limit sales of ammunition to three boxes per customer per day due to limited supplies, a spokeswoman said on Wednesday. Sales of guns and ammunition have risen across the United States since the Dec. 14 shooting at a Newtown,...

Barneys is Launching a Permanent Discount Website
February 1, 2013

The Barneys New York biannual warehouse sale is the stuff of legends, and easily one of the most anticipated shopping events in New York City every August and February. But now you can get deals on designer duds all year round, minus the aggressive shoppers throwing elbows at you. Barneys announced it's launching a full-time off-price website. Barneyswarehouse.com will debut this coming Monday, WWD is reporting. 

Ellie Launches Online Women's Athletic Apparel, Taking On Lululemon
February 1, 2013

Womenโ€™s athletic apparel is a hot market, especially if you judge by the growth of Lululemon, the amazingly expensive yoga gear. Now a new online fashion startup, Ellie, is looking to provide high-quality athletic gear at cheaper prices. The company,...

Bebe records Q2 loss on discounting and falling sales
February 1, 2013

Brisbane, Calif. -- Bebe Stores Inc. swung to a loss in its fiscal second quarter from a profit a year ago amid heavy discounting during the holiday shopping season. Bebe said it lost $4.8 million for the three months that ended Dec. 29, according to...

Facebook Friends Retailers With New Gift Card Program
February 1, 2013

Target has found a new friend in Facebook, as the retailer has become one of the first businesses to participate in the social network's new gift card program. According to a Reuters report, consumers can buy cards for their Facebook friends for use at four different businesses including Target, LVMH Moet Hennessy Louis Vitton SA, Jamba Juice and Darden Restaurantsโ€™ Olive Garden.

Online Petition Asks Victoria's Secret to Find Right Fit for Survivors
February 1, 2013

A breast cancer survivor and her daughter have used the internet to draw attention to an important issue and potentially create a new category of lingerie. Debbie Barrett and Allana Maiden hand-delivered more than 118,000 Change.org petition signatures to Victoria's Secret's New York office on Thursday, asking the lingerie giant to make a line of "survivor" mastectomy bras to help breast cancer survivors feel beautiful again. After delivering the signatures, Maiden and her mother Debbie Barrett met with Tammy Roberts Myers, vice president of external communications for Limited Brands, Victoria's Secret's parent company, to share their ideas for a "survivor bra."