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Gander Mountain Hiring Hundreds to Sell More Shoes
September 5, 2012

Gander Mountain Co. is doubling the size of its shoe departments and boosting sales staff by 400, the latest evidence of retailers jumping into the footwear market. The New York Times reports on the shift by the St. Paul, Minn.-based company, which has traditionally sold outdoorsy equipment but is adding more than 20 brands of athletic shoes from brands like Nike, Saucony and Under Armour. It's also boosting staff training to sell the new products, which Gander Mountain hopes will help double footwear sales in the next two years.

Redcats USA Nears Sale
September 5, 2012

Francois-Henri Pinault is finally ready to end his fling with plus-size fashions. The French billionaire jet-setter โ€” whose luxury conglomerate PPR failed to unload its troubled Redcats catalog unit last year โ€” is close to selling the profitable U.S. division of Redcats, The Post has learned. Redcats USA owns a stable of plus-size clothing catalogs and websites called OneStopPlus, which form the bulk of its business, sources told The Post.

Report: Hudsonโ€™s Bay planning IPO
September 5, 2012

New York -- Hudsonโ€™s Bay Co., owner of the Lord & Taylor and The Bay chains, plans to file for an initial public offering, according to The New York Times. A listing, which is expected to be on the Toronto Stock Exchange, could come this fall, before...

The Pep Boys names CFO
September 5, 2012

Philadelphia -- The Pep Boys has named David Stern as executive VP, CFO, effective Sept. 10. He will oversee the finance function, as well as technology and corporate development. Stern most recently served as executive VP, chief administrative officer...

Dick's Sporting Goods Opens Stores in South Carolina, California
September 5, 2012

Pittsburgh-based Dick's Sporting Goods has opened stores in Bluffton, S.C., and Clovis, Calif. The Bluffton location is the retailer's 11th store in South Carolina. The Clovis location is the retailer's 22nd store in California. Currently, the company...

Tuesday Morning Appoints New CEO
September 5, 2012

Nearly three months after the company abruptly dismissed its former CEO, Tuesday Morning announced yesterday it has found a replacement with the appointment of closeout retail veteran Brady Churches to the post, effectively immediately. Churches has also been named to the company's board of directors.

Kohl's electrifies green efforts with more charging stations
September 5, 2012

MENOMONEE FALLS, Wis. โ€” Kohlโ€™s reaffirmed its green reputation with the announcement that it will expand its electric vehicle (EV) charging station initiative with 36 new stations across 18 additional Kohlโ€™s locations by the end of fall 2012. The...

Dollar General Posts Higher Profit, Boosts Outlook
September 5, 2012

Dollar General Corp posted a higher quarterly profit and raised its earnings forecast for the year on Wednesday as shoppers visited its stores for low-priced food and other basic goods. Dollar General, which prices most of its merchandise below $10,...

Wal-Mart Tests iPhone-Enabled Self-Checkout
September 4, 2012

Wal-Mart is testing a system that would allow shoppers to use their iPhones to scan items and then pay for them at a self-checkout counter at a store in Rogers, Ark., near the company's Bentonville, Ark., headquarters. The retailer's iPhone app already allows shoppers to create lists and see which items are in stock, but doesn't currently include a payment function.

Pennsylvania's Sales Tax Push Puts Heat on Online Retailers
September 4, 2012

Pennsylvania's push to force online retailers to collect sales taxes has hit serious pay dirt โ€” a commitment to do so by internet giant Amazon.com โ€” but the struggle is far from over. Gov. Tom Corbett is eager to collect tens of millions of dollars in new state revenue without technically raising taxes. But consumers still look for tax-free merchandise on the internet and sellers are happy to fill the orders, pocketing profits while Pennsylvania's brick-and-mortar retailers are sandbagged by taxes they cannot evade.