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Fossil Announces $1.0 Billion Share Repurchase Program
December 5, 2012

_ RICHARDSON, Texas, Dec. 5, 2012 (GLOBE NEWSWIRE) -- Fossil, Inc. (the "Company") today announced that its Board of Directors has approved a new stock repurchase program. Under the new program, the Company is authorized to repurchase up to $1.0 billion...

Francesca's profit surges in Q3 with 76 added stores
December 5, 2012

Houston -- Francesca's Holdings Corp. reported Wednesday net income of $11 million, compared with $6.1 million in the year-ago period. Sales surged 44% to $72 million, driven by a 16.7% increase in same-store sales as well as 76 new boutique openings...

Video: Companies Using New Tactics to Compete Over Customers
December 5, 2012

Price wars are nothing new. Typically an airline will launch a price war on Tuesday, and that's usually followed by competitors matching or beating a market-specific airfare within hours. Big-box electronic stores do the same tactic with a competitor down the street, which usually then meets or beats the competitor's price. The price war has now extended deep into the internet. It's known as dynamic pricing. Retailers are hiring companies to change the price of products at a moment's notice depending upon market conditions and competitorsโ€™ sales prices.

U.S. online holiday spending surpasses $21 billion to date
December 5, 2012

Reston, Va. -- Online holiday spending reached $21.4 billion for first 32 days of the November-December shopping season, up 14% year-over-year, according to comScore. The most recent week saw three individual days eclipse $1 billion in spending, led by...

QVC to acquire Oodle to fuel social commerce
December 5, 2012

West Chester, Pa. -- QVC announced that its wholly owned subsidiary, California Voices, has signed a definitive agreement to acquire Oodle, a social commerce leader that runs the Oodle Marketplace application on Facebook. The acquisition is expected to...

Billionaire Green Said to Be in Talks to Sell 25% of Topshop
December 5, 2012

Philip Green, the billionaire owner of the Arcadia fashion business, is in advanced talks to sell a 25 percent stake in the Topshop and Topman chains to Leonard Green & Partners LP, said a person familiar with the matter. The deal is scheduled to be...

Dollar General Adds Cracker Barrel CEO to Board
December 5, 2012

Comments 0 Related Media Advertisement GOODLETTSVILLE, Tenn. โ€” Dollar General here said Wednesday that restaurant executive Sandy Cochran has joined its board of directors, expanding the group to nine members. Cochran is president and chief...

J.C. Penney employs mannequins to fill empty space
December 5, 2012

New York -- As new CEO Ron Johnson works to transition the โ€œoldโ€ J.C. Penney into a new era filled with shop-in-shops, he and his team have devised a way to keep the store looking fresh during the changeover: they use a lot of mannequins.

Walgreens sales dip in November
December 5, 2012

Deerfield, Ill. -- Walgreen Co. reported Wednesday that sales for November dipped 3.9% to $5.85 billion, compared with $6.09 billion for the same month in fiscal 2012. Total front-end sales decreased 0.3% and same-store front-end sales decreased 1.7%....