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Report: Indiaโ€™s Cabinet gives OK to probe Wal-Mart lobbying
January 24, 2013

New Delhi -- An Indian official said Thursday that Indiaโ€™s Cabinet will investigate allegations that Wal-Mart Stores Inc. broke rules as it lobbied to make its retail market debut in the country. According to Manish Tewari, information and broadcasting...

Pier 1 Imports Inc Announces Resignation Of Chairman-Form 8-K
January 24, 2013

, Michael R. Ferrari informed Pier 1 Imports, Inc. (Company) that he is resigning as a Director of the Company effective January 22, 2013. Dr. Ferrari has served on the Companyโ€™s Board of Directors since 1999, including time most recently as Non-Executive...

Staples Brings its Office Products to Japan
January 24, 2013

Staples is bringing its branded products to Japan through a wholesale distribution relationship with Jointex, a leading office products wholesaler and division of Plus Corp., a manufacturer of stationery and office furniture based in Tokyo. A wide range of Staples' brand products, including technology accessories, writing instruments and supplies such as notebooks and binder clips with unique designs are now available to small business customers in Japan via delivery and retail stores. 

Retail Sales Growth Choppy So Far This Year
January 23, 2013

For the third consecutive week since the beginning of the year, the ICSC-Goldman Sachs index of retail sales is down. For the week ending January 19th, sales fell 1.5% from the previous week. For the year to date, however, the ICSC-Goldman Sachs index...

Ikea FY sales up, continues remodel of Marketplace
January 23, 2013

CONSHOHOCKEN, Pa. โ€” Ikea reported that sales for its fiscal year 2012 grew by 9.5% and profits were up 8% to $4.2 billion, thanks to its model of offering low-cost, functional furniture. Comparable-store sales were up 8% at its U.S. stores. โ€œThe Ikea...

Coach CEO: 40% of Online Customers Are Mobile
January 23, 2013

Shares of Coach are taking a hit after holiday revenue numbers for Q2 fell short of forecasts. Coach CEO Lew Frankfort, offers insight behind the disappointing numbers.

LIDS to Open Super Bowl Pop-Up Shop in New Orleans
January 23, 2013

LIDS Sports Group, the Indianapolis-based operator of the North American LIDS retail chain, in collaboration with the National Football League, announced its plans for this year's NFL Experience shop. In an innovative spin on the traditional concept for this venue, the retailer has switched gears to focus on creating a fan destination for Super Bowl-goers to include the industry's latest offerings in product customization and entertainment features.  


lululemon is Having a Massive Sale Despite โ€˜No Saleโ€™ Policy
January 23, 2013

We reported last week that lululemon's CEO Christine Day said "You'll either offer promotions or not, and we're in the โ€˜notโ€™ category." But lululemon is in the Yogabowl Warehouse Sale at Nassau Coliseum, an epic shopping event exclusive to those within range of Long Island from Feb. 1 to Feb. 3. Obviously this sale is different than your regular sales rack. There will be tailgating. There will be snacks. It's in a coliseum. The intent isn't to get bodies in the store, like promotions and sales attempt to do, so technically the company is getting rid of its surplus items without diluting the "no sale" branding.

Kohlโ€™s Donates $2 Million to Discovery World
January 23, 2013

At Kohl's, we're always making headlines. Below is the full version and PDF of our most recent press release. You will also find our five most recent releases on the right. To view all of the releases from the past several years, visit our s. Information...