The company said Thursday it was consolidating retail and financial operations now managed at its Connecticut hub to the metro Atlanta area. The move, which will cost between $35 million and $40 million, is expected to be complete by the end of 2013. We...
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Wayne, N.J. – Toys “R” Us announced that international shipping is now available for online orders on Toysrys.com and Babiesrus.com to more than 60 countries across Asia, the Caribbean, Central America, Europe, North America and South America. The company...
Hoffman Estates, Ill. -- Sears Holdings received a SmartWay Excellence Award from the U.S. Environmental Protection Agency for being an industryleader in freight supply chain environmental performance and energy efficiency. In addition, 100% of Sears...
eBay is trying to bring the pleasure back to online shopping with "Feed," a curated list of items that the e-commerce giant calculates might interest you. The idea behind Feed, which was announced at an event in New York on Wednesday and has a decidedly Pinterest-like aesthetic, is to combine the ease of online purchasing with the fun of window shopping, said eBay Chief Technology Officer Mark Carges, noting it moves the e-commerce browsing experience beyond a search-based one.
Tadashi Yanai, CEO of the parent company of Japanese clothing juggernaut Uniqlo and the wealthiest person in Japan, found himself in San Francisco recently, opening his company's first West Coast store and explaining how Silicon Valley had influenced his fast-growing company. After some discussion of flat management hierarchies, the power of failure and the brilliance of Twitter, Yanai got down to brass tacks. "You have to be a crazy guy and a little eccentric to be very successful," Yanai says. "Whether it's Steve Jobs or [longtime Intel CEO] Andy Grove, they're crazy."
Minneapolis -- Best Buy Co. said Tuesday that CFO James Muehlbauer has resigned the company. He will continue in an advisory capacity until Feb. 3. The retailer said it has launched a search for a permanent replacement. Muehlbauer’s resignation is the...
Topeka, Kan. -- Following earlier reports on Wednesday that Shopko CEO Paul Jones had departed the company to pursue another opportunity, Payless Holdings has announced that Jones has stepped in as chief executive for the shoe chain. Jones, whose...
San Francisco -- Gap Inc. announced Wednesday that customers in Japan can now shop Gap and Banana Republic products online through its new Japanese e-commerce sites (gap.co.jp and bananarepublic.co.jp). The sites offer Gap, GapKids, babyGap and Banana...
Luxury purveyor Neiman Marcus has unveiled its annual holiday catalog chock-full of gifts from the relatively affordable to the enormously expensive (and goofy). Among the highlights — a posh henhouse, inspired by France's Versailles Palace, for the world's most pampered chickens. Priced at $100,000 (delivery not included), the deal includes a library full of books, an "elegant" chandelier and a custom-built garden. "You've always fancied yourself a farmer — now thanks to Heritage Hen Farm, you're doing it in the fanciest way possible," says the catalog.
FOOTHILL RANCH, Calif. — The Wet Seal has named four new members to its board of directors and Lynda Davey as chairman of the board. The new members, who joined effective Oct. 4, include: Dorrit Bern, Lynda Davey, Mindy Meads and John Mills. Davey has...