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Tiffany Pushes M-Commerce Via Pandora App Ads
May 29, 2012

Jeweler Tiffany & Co. is pushing a new collection by in-house designer Paloma Picasso and its mobile commerce-enabled site via an advertisement in the Pandora iPhone application.

Report: M.A.C to open Fifth Avenue flagship
May 29, 2012

New York -- M.A.C. Cosmetics will open a flagship on a prime stretch of New York City’s Fifth Avenue, according to various reports. The company will open up shop in November, on Fifth Avenue near 54th Street, in a space that formerly housed Elizabeth Arden's Red Door Spa, according to Racked.com.

Revenues, earnings soar at Neiman Marcus
May 29, 2012

DALLAS — Neiman Marcus reported total revenues of $1.06 billion for the third quarter compared with $983.8 million in the prior year. Comparable revenues increased 6.7%. Operating earnings for the third quarter of fiscal year 2012 were $146.6 million compared with $123.2 million for the third quarter of fiscal year 2011, an increase of 19%. The company reported net earnings of $62.6 million for the third quarter compared with $46.2 million in the prior year, an increase of 35%. For the 39 weeks ended April 28, the company reported total revenues of $3.34 billion compared with $3.08 billion in

Blyth, Inc. Announces PartyLite Worldwide Leadership
May 29, 2012

/PRNewswire/ -- Blyth, Inc. (NYSE: BTH), a leading designer and marketer of candles, accessories for the home and wellness products sold through the direct selling and direct marketing channels, today announced that its board of directors unanimously approved the appointment of Robert B. Goergen, Jr., who will continue in his capacity as President, PartyLite Worldwide, indefinitely. Mr. Goergen, Jr. was appointed to his position in January, 2012 and had previously served as President of Blyth's Multi-Channel Group since 2006. An external search for a permanent successor has been discontinued. Commenting on his role, Robert B. Goergen, Jr. stated, "I

Police say man bit Lowe's employees
May 28, 2012

Atlanta Business Chronicle by , Morning Call Editor Columbus, Ga., police arrested Christopher Newman, 34, of Phenix City, Ala., and charged him with battery with physical visual harm after Lowe's employees said he bit them and threatened them with a knife, reports the Columbus Ledger-Enquirer. According to a police report obtained by the paper, officers saw Newman, who was also charged with shoplifting, fighting with employees. The incidents took place Saturday around 6 p.m. at the Lowe's (NYSE: LOW) store on Veterans Parkway, the report said. See all your followed company news on your personalized dashboard. To access the

Rite Aid Corporation Names John T. Standley As Chairman
May 26, 2012

Rite Aid Corporation announced that its Board of Directors has elected John T. Standley, who is currently President, Chief Executive Officer (CEO) and a member of the Company’s Board of Directors, to the additional position of Chairman of the Board, effective June 21, 2012 at the Company’s annual stockholder meeting. Standley will succeed Mary Sammons, who has served as Chairman since June, 2007, and whose term of service as Chairman, concludes as of the June annual meeting. Standley returned to Rite Aid in September 2008 as President and COO after leaving in August 2005 to become the Chief Executive

Nordstrom to Spend $140M on IT This Year
May 25, 2012

Nordstrom will spend $140 million, or 30 percent of its total capital expenditure budget, on information technology infrastructure improvements. As Forbes reported, the IT expenditures will be used to intensify Nordstrom's internet presence, such as its new Salt Lake City store that has 150 mobile point-of-sale-devices, which makes shopping faster.

Bazaarvoice, One of 2012′s Best IPOs, to Buy Rival
May 25, 2012

Bazaarvoice, a company that works on branding and marketing information for clients by tapping social media sites for direct responses, is spending $151.9 million in cash and stock to purchase competitor PowerReviews Inc.