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NFL Players Association Launches Online Store
July 12, 2012

The NFL Players Association (NFLPA) today announced the launch of NFLPA Shop, a new online store featuring authentic merchandise of more than 1,800 NFL players. NFLPA Shop is the first retailer to give fans the choice to own on-demand licensed apparel of every NFL player.

New PetSmart DC to open in Pa.
July 12, 2012

PHOENIX โ€” PetSmart is opening up a new distribution center in Bethel, Pa. in order to better serve its growing store base and increased demands on its supply chain. According to the company, the new facility, operational by April 2014, will bring approximately 300 jobs to the area in its first year and an estimated 500 jobs by the end of 2016. PetSmart will add construction jobs this year and commence building on the $50 million DC in fall 2012, with completion expected in the first quarter of 2014. โ€œBethel presented itself as an ideal location for our new

City of San Francisco Will No Longer Buy Apple Products
July 12, 2012

Apple's Cupertino headquarters may be just a few miles away from San Francisco, but the city won't be spending any more cash on the retailer's products. According to TheWall Street Journal, city agencies in San Francisco will no longer be able to purchase Apple products after the company asked the Electronic Product Environmental Assessment Tool (EPEAT) โ€” the group that sets environmental standards for electronics โ€” to remove all 39 of its products from the agency's green registry.

Christopher & Banks announces new $50 million secured credit facility
July 12, 2012

Minneapolis -- Christopher & Banks Corp. said Thursday it has entered into a new $50 million senior secured revolving credit facility with Wells Fargo Capital Finance. The new facility provides committed revolving funding through July 2017, and replaces the companyโ€™s $50 million credit facility that was scheduled to mature on June 30, 2

Retailers lead all vertical markets with social media investments
July 12, 2012

Framingham, Mass. -- When comparing social media investment to other emerging technology areas, retailers more than any other industry are making strong investments, according to a new study by International Data Corp. The study found that successful retailers are integrating their mobile, analytic, and social media strategies into one cohesive business approach. Social media touch points such as Facebook, Twitter, and Groupon are enabling companies to analyze customer behavior and in turn deliver personalized offers direct to a consumer's mobile device. The 2012 U.S. Social Media Trends by Vertical study highlights the adoption of social media as an emerging

Dover Saddlery plans N.C. store
July 12, 2012

LITTLETON -- Dover Saddlery Inc., a seller of equestrian products, announced Wednesday that it plans to open a new retail store in Raleigh, N.C. The new store will open in October, officials said in a press release. It will offer English tack, saddles, riding apparel and other horse-care items. Founded in 1975, Dover Saddlery sells equestrian gear at 15 retail stores; the closest ones to Greater Lowell are in Wellesley and Plaistow, N.H. It also sells its products through mail-order catalogs and on the Internet. It posted 2011 sales of $80.8 million. Shares of Dover Saddlery closed Wednesday at

Back-to-School Spending to Rise, Survey Finds
July 12, 2012

PriceGrabber released results from its 2012 Back-to-School Shopping Forecast survey, showing more signs of economic recovery. The survey revealed that 63 percent of consumers plan to spend up to $500 this back-to-school shopping season (compared to 48 percent in 2011). Twenty percent of respondents plan to spend between $500 and $1,000, and 17 percent of shoppers said they don't have a back-to-school shopping budget this year.

Callaway Golf to cut 12% of work force
July 12, 2012

Carlsbad, Calif. -- Callaway Golf said Wednesday it will cut 150 to 170 jobs, or about 12% of its work force, as demand for golf equipment has weakened. The eliminated jobs will span all regions and levels, said the retailer. Callaway has downwardly revised its full-year forecast after announcing in April that it expected a significant improvement in fiscal 2012. The job cuts are expected to generate about $52 million in annual savings.