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How HauteLook is Solving Nordstrom's Online Problems
August 28, 2012

Nordstrom is working on its image. Like just about every other retailer out there, the 111-year-old department store is trying to upgrade with a younger, digital-friendly twist. In the past couple years, the brand has done a bunch of things to try and make that happen: It's courted Jason Wu (straight off the smash success of his Target collab) for a younger, contemporary line and it will be launching Topshop boutiques within its stores and on its website this fall. But probably its biggest push in the young-hip-online direction has been the acquisition of flash-sale site HauteLook.

Former Procter & Gamble exec named Ralph Lauren CFO
August 28, 2012

NEW YORK โ€” Ralph Lauren has named Christopher Peterson as SVP and CFO. Peterson will assume his new role effective Sept. 24, and his areas of responsibility will include the companyโ€™s global finance and information technology organizations. He will report...

Brown Shoe narrows loss; raises outlook
August 28, 2012

St. Louis, Mo. -- Brown Shoe Co Inc. on Tuesday posted a smaller second-quarter loss, helped by cost-cutting and higher sales at its Famous Footwear stores. The retailer also raised the lower end of its full-year profit outlook. Brown Shoeโ€™s quarterly...

Overstock.com Launches New TV Ad Campaign
August 28, 2012

Overstock.com launched a new TV ad campaign introducing the first Overstock.com song, "O is the One," sung by up-and-coming artists. In the first series of commercials, the song is performed by new artist, Sonnet Simmons, as she floats through a virtual...

Barnes & Noble forms Nook deal with U.K. retailer
August 28, 2012

NEW YORK โ€” U.K. retailer John Lewis has become the first company outside of the United States to partner wiht Barnes & Noble for the sale of Nook devices. John Lewis will offer Nook products at 37 U.K. stores and on www.johnlewis.com. As previously...

Study Reveals How Demographics Impact Digital Coupon Conversion
August 28, 2012

RevTrax, an omnichannel promotions platform that empowers brands and retailers to securely drive and measure in-store sales through any digital marketing channel, announced the results of a four-month study of digital coupon activations across its roster of hundreds of brand and retail customers. By assigning real-world metrics to digital coupons that are used exclusively to drive in-store sales, the study reveals important insights that brands and retailers can use to improve online consumer engagement activities.

Ulta to open three-level flagship in Philadelphia
August 28, 2012

Philadelphia -- Ulta Beauty will open a flagship in Philadelphia on Rittenhouse Row in the Center City district. The store will be the beauty retailerโ€™s first location in Center City. โ€œUlta will open an exciting three level store much like its only...

David's Bridal Sold to Buyout Firm for $1.05B
August 28, 2012

David's Bridal will be sold to private equity firm Clayton, Dubilier & Rice in a deal that values the wedding dress retailer at $1.05 billion, the private equity firm announced on Tuesday. David's Bridal, a 300-store chain with a 60-year history, offers moderately priced wedding gowns and accessories, and in recent years has increased its higher-end offerings, including a line designed by Vera Wang.