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ZO Skin Health, Inc. Sues Third-Party Pirates Over Illegal Sales of its Products
June 21, 2012

/PRNewswire/ -- Making good on its zero-tolerance policy for pirating, leading skincare company ZO Skin Health, Inc. has filed several trademark infringement lawsuits against third-party distributers who unlawfully acquired ZOยฎ products and sold them online.The first wave of suits, filed June 6 in U.S. District Court for the Southern District of Florida, accuse third-party Internet pirates, including Elite Depot operated by Web International, Inc., Web Incorporated, Aira Cosmetics Company, Aira Cosmetics, Inc., Aira Incorporated, Tonia Ryan and Derek Cavan of trademark infringement, false advertising, unfair competition and trademark dilution. The company is seeking damages and immediate injunctions to stop

Amazon Opens Portal for International Mobile App Distribution
June 21, 2012

Amazon.com announced that developers can now submit apps for distribution this summer in the United Kingdom, Germany, France, Italy and Spain, with plans for further global expansion in the near future. Developers can get started by visiting the Amazon Mobile App Distribution Portal. The Amazon Appstore in the U.S. has grown to tens of thousands of apps and games in just one year.

H&M Says Hello to Yuan and Bye to Dollar
June 21, 2012

The Wall Street Journal reported that Swedish fashion giant Hennes & Mauritz is looking into sourcing its clothes in yuan payments to protect its purchasing costs from further strengthening of the U.S. dollar. "A lot of our rivals have already begun paying directly in yuan," H&M's Head of Investor Relations Nils Vinge told the newspaper. Vinge added that doing so will become easier as China loosens its tight grip on the currency. The Swedish retailer sources the majority of its clothes in Asia, and about 80 percent of its total purchasing costs are in dollars.

Study: Wal-Mart Clobbers Amazon on Price
June 21, 2012

Not only do prices at Wal-Mart Supercenters beat out its own website, they currently KO Amazon.com, according to a new study by Kantar Retailโ€™s ShopperScape division. The market researcher decided to do the cost-analysis study when it realized that for the first time Wal-Mart shoppers now report that the No. 1 retailer they're most likely to cross-shop is Amazon, Robin Sherk, senior analyst at Kantar Retail, tells Marketing Daily.

Burlington Coat Factory to stay in New Jersey
June 21, 2012

To avoid Burlington Coat Factory reallocating its headquarters out of Burlington County, the New Jersey Economic Development Authority has approved giving the Burlington Coat Factory more than $41 million in tax credits over the next 10 years. The company plans to use the credit as capital to build an 180,000-square-foot corporate headquarters on 50 acres of undeveloped land in Florence that would accommodate 626 existing jobs and an additional 120 full-time positions. In return for the tax credits, the Burlington Coat Factory will agree to keep its corporate headquarters in New Jersey for 15 years rather than move to

Bed Bath & Beyond posts $206M Q1 profit
June 21, 2012

Pacific Business News Related: Retailing & Restaurants Bed Bath & Beyond Inc. Bed Bath & Beyond Inc. Latest from The Business Journals Mich. trust pays M for Longmont shopping centersBed Bath & Beyond to open at Ward Centers in HonoluluRoss Dress for Less signs another lease in Kansas City region Follow this company reported a profit of $206.8 million, or 89 cents per diluted share, for its fiscal first quarter, which ended May 26. That is a 15 percent increase from its profit of $180.6 million, or 72 cents per

H&M Q2 profit beats on U.S. strength; on track to open 275 stores this year
June 21, 2012

Stockholm, Sweden -- Hennes & Mauritz AB reported Wednesday that profit for the second quarter rose 23% to $750 million, beating Wall Street estimates and marking the strongest profit increase in seven quarters for Europeโ€™s second-largest apparel retailer. H&M had announced on June 15 that sales for the quarter rose 15% to $4.5 billion, beating estimates and boosted by sales strength in the United States. The retailer said it will open seven to 10 stores called โ€œ& Other Storiesโ€ in 2013 and reiterated its plans to add about 275 stores this fiscal year, with China, the United States and

Pier 1 Earmarks Half its $75M CapEx Spend for Tech Investments
June 21, 2012

Technology and infrastructure investments will account for 50 percent of Pier 1 Importsโ€™ $70 million to $75 million in planned capital expenditures this year. The retailer will have a lot of IT-enabled activity to show for its money. Two of the biggest elements are the July 28 launch of Pier 1's new e-commerce site and the planned rollout of its new point-of-sale system beginning this fall. "We're working diligently towards the implementation of our new point-of-sale system which we expect to pilot in a handful of stores this fall," said Pier 1 CEO Alexander Smith during a recent conference call. 

Microsoft to open first retail store in Canada
June 21, 2012

Puget Sound Business Journal Microsoft Corp. will open its first retail store in Canada in Toronto's Yorkdale shopping center. The Toronto Star reports Microsoft's (NASDAQ: MSFT) first Canadian retail store will face competition from Apple Inc. Apple Inc. Latest from The Business Journals Microsoft to open store in Toronto areaApple prediction puts Jabil stock on the riseApple's N.C. iCloud data center suffers outage Follow this company , which also has a retail location in the Yorkdale mall. Apple has 23 Canadian retail locations. See all your followed company news on

Beach Rays Launches Online Store and Six New Collections.
June 21, 2012

Surf and swim apparel brand, Beach Rays is pleased to announce the launch of their first online store. Beach Rays Online Shop Now Open After a decade of crafting high quality surf apparel and swimwear, Southern Californiaโ€™s Beach Rays, launched their online store today on BeachRays.com, with six new Summer 2012 collections: Beach Rays, Ray, VAST, WET, RayRay and VroomVroom. Together with affiliate manufacturing giant QMI, J.Y. Rays has offered an extensive line of sought-after surf and swimwear for men, women, children, and professional athletes, with a keen eye for contemporary design and an embrace of technological innovations and