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Toys โ€˜Rโ€™ Us debuts free layaway for the holidays
September 4, 2012

Wayne, N.J. -- Toys โ€œRโ€ Us said Tuesday that it will waive upfront service fees for its holiday layaway program, kicking off immediately and running through Oct. 31. The retailer will also remove its minimum purchase requirement, and customers have...

Newell Rubbermaid names new CFO
September 4, 2012

ATLANTA โ€” Newell Rubbermaid has appointed Doug Martin as CFO, succeeding Juan Figuereo. A 25-year veteran of the company, Martin most recently served as deputy CFO, where he is credited with designing a roadmap for streamlining the cost structure of the...

Collective Brands swings to Q2 profit
September 4, 2012

Topeka, Kan. -- Collective Brands Inc. reported Friday that net income for the second quarter was $9.7 million, compared with a loss of $35 million last year when it booked nearly $84 million in one-time charges. Sales for the owner of Payless...

Zales Web Sales Soar with Ship-to-Store at 25%
September 4, 2012

Omni-channel strategies are paying off for Zales with a 40% gain in online sales over the past two years. More importantly, the jewelry retailer's recently launched ship-to-store capability has "exceeded expectations," according to the company's CEO, and...

Survey: BTS shopping shows surge in coupon use
September 4, 2012

Austin, Texas -- A survey released Friday by coupon site RetailMeNot found that coupon use for back-to-school shopping surged this year, particularly for retailers selling books, school supplies and apparel. According to RetailMeNot, which measured...

Brian Atwood Unveils Digital Flagship
September 4, 2012

NEW YORK, Sept. 4, 2012 /PRNewswire/ -- Brian Atwood, a division of The Jones Group Inc. (NYSE: JNY), unveiled its first digital flagship today with the launch of the redesigned BrianAtwood.com. The site curates the largest selection of Brian Atwood...

Gordmans names former Safeway exec to HR post
September 4, 2012

Omaha, Neb. -- Midwestern department store retailer Gordmans said that it has named Roger Glenn as senior VP human resources. Glenn joins Gordmans from Safeway, where he served as group VP for human resources and handled recruitment, employee relations,...

DSW Entitled to $6.8M in Data Breach Involving 1.4M Cards
September 4, 2012

A 2005 data breach that exposed transaction information from 1.4 million credit cards entitles DSW Designer Shoe Warehouse to $6.8 million in insurance coverage, according to a recent federal appellate court ruling. The award was made despite the fact that the retailer had not suffered losses directly attributable to the theft. The insurance company, National Union, a unit of New York-based Chartis, had alleged in part that it was not obligated to provide coverage because DSW "had not sustained loss 'resulting directly from' the theft of the computer information," making it an uncovered "indirect loss."