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Claire's makes Italy and Luxembourg debuts
December 12, 2012

Chicago -- Claire's Stores announced Wednesday the recent opening of company-owned-and-operated Claire's stores in Italy and Luxembourg, bringing the retailerโ€™s European presence to 15 countries. According to Claireโ€™s European president Beatrice LaFon,...

Sales and profits top estimates at Costco
December 12, 2012

Growth in sales and membership income at Costco helped the company produce earnings per share of 95 cents and beat analystsโ€™ estimates by two cents. Sales for the companyโ€™s first quarter ended November 25, increased 10% to $23.2 billion from $21.2...

Toys"R"Us Launches Social Game With Real-World Discount
December 11, 2012

Toys"R"Us announced it's created Toys"R"Us Towers, a free-to-play toy store simulation game with real-world benefits, available now on Facebook. The game will also be available on mobile devices in the coming months. Created by Ubisoft Quebec, Toys"R"Us Towers gives players the chance to step into the shoes of the newest employee at Toys"R"Us. They'll be able to manage their own toy store by building and designing a variety of toy departments and attractions.

Microsoft to sell Surface at retail stores
December 11, 2012

Microsoft said Tuesday it would make its Surface tablet computer available to outside sellers as soon as mid-December, citing interest from retailers as well as consumers. Microsoft said Tuesday it would make its Surface tablet computer available to...

LittleMissMatched Acquired by Delta Galil USA
December 11, 2012

LittleMissMatched, a tween girls apparel and accessories brand, has been acquired by Delta Galil USA. Delta Galil USA is the U.S.-based subsidiary of Delta Galil Industries, a global manufacturer and marketer of branded and private-label apparel products for men, women and children. Founded in 2003 as a line of nonmatching socks sold in odd numbers, LittleMissMatched has evolved into a lifestyle brand that encourages girls of all ages to express their individuality and creativity.

Holiday E-commerce Spending Continue to Climb
December 11, 2012

When research firm comScore Inc. (NASDAQ: SCOR) reported holiday online spending a week ago, the company noted a 14% rise in sales. Five days later that increase has dropped slightly to 13%. The decline was not unexpected, but the dip puts in jeopardy...

Gap Redesigns Its Digital Strategy
December 11, 2012

Gap redesigned its digital marketing efforts under Styld.by, where fashion bloggers can showcase Gap clothing. This is one example of the brand's efforts in the social media and digital space.

Report: Sephora to open 50 stores in Latin America by 2016
December 11, 2012

New York -- Sephora plans to open 50 stores in Latin America by 2016, the San Francisco Business Times reported. Sephora opened its first Latin American store in 2011, in Mexico City. It was followed by locations in Puebla and Guadalajara and another...

Reports: CVS Caremark interested in buying drugstore chain in Brazil
December 11, 2012

New York -- CVS Caremark is reportedly looking to expand outside of the United States by acquiring Onofre, the eighth-largest pharmacy chain in Brazil, according to published reports. The Valor Economico newspaper reported that CVS Caremark plans to pay...

Former Estee Lauder exec named CMO at Murad
December 11, 2012

EL SEGUNDO, Calif. โ€” Former Estee Lauder executive Suzanne Dawson has joined high-end skincare brand Murad as its new CMO. Dawson will oversee all global marketing, including brand development, advertising, public relations, creative and education for...