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Target has joined the Shopkick program, making it the largest retailer to reward its guests for using the app via their smart phones. Target guests nationwide can earn points for shopping at Target that can be redeemed for a variety of rewards.

New York-based Tiffany & Co. plans to open 20 additional company-operated stores in 2012. The company opened four new stores in the first quarter in Mexico City, Montreal, Salt Lake City and Wuhan, China. The remaining 20 stores are slated to open across the Americas, the Asia-Pacific region, Europe and the United Arab Emirates. Currently, the company operates 251 stores, including 105 in the Americas, 59 in the Asia-Pacific, 55 in Japan and 32 in Europe. SAVE | EMAIL | PRINT | MOST POPULAR | RSS DDI's RetailDesignDiva blog is dedicated to retail design issues, opinions and frustrations

Be afraid. Be very afraid. Pricing is getting scary, says Jon Manning, founder and managing director of Pricing Prophets and resident pricing expert for Upstream Commerce in this dynamite video about ten things retailers should worry about with regard to competitive pricing today.

Talbots Inc. said Friday it will actively explore other strategic alternatives after Sycamore Partners said it won't buy the retailer. A May 5 exclusivity agreement with Sycamore Partners has expired and Talbots said it remains open to pursuing a transaction with the firm at $3.05 a share. Sycamore "informed the company that it is not prepared to execute a transaction at this time," Talbots said. 

The Talbots Inc. and Sycamore Partners are no longer going steady.The private equity firm, which already owns 9.9 percent of Talbots stock, offered to buy the rest of the company’s...

Merrimack, N.H. -- Brookstone said it has hired Stephen Bebis as its new president and CEO, effective immediately. Bebis is the founder of Golf Town and served as its president and CEO for 14 years. He has also worked at Home Depot, serving as VP general merchandise manager for its mid-southern division. “We conducted a broad CEO search and interviewed a number of highly qualified internal and external candidates,” said Jackson Tai, chairman of the board of directors of Brookstone and its interim president and CEO since January. “We were impressed by Stephen's track record as an entrepreneur, his

Warrendale, Pa. -- Rue21 reported Thursday that profit for the quarter ended April 28 rose 20.6% to $11.6 million, from $9.6 million in the same quarter last year. Net sales increased 18.9% to $205.6 million, from $172.9 million. Same-store sales for the quarter edged up 1.7%. Bob Fisch, president and CEO said the company is staying its small- and mid-market growth course. “Through our real estate expansion we are gaining market share in small and mid-size markets around the country,” he said.

U.S. mall owners have contemplated for years what they might do if aged and troubled retailer Sears Holdings Corp. closes many of its stores, leaving malls with gaping vacancies and few easy alternatives for filling them.

Macy's will start selling some of its private brand merchandise directly to shoppers in China through a deal with an online retailer there. Macy's products will be available via a branded section on Omei.com, a newly established China-based online retailer of in-season luxury and fashion brands operated by VIPStore Co., a Chinese e-commerce firm and parent company of Omei.com. In addition, Macy’s has made an equity investment of $15 million in VIPStore. Macy’s joins other venture capital providers, including Intel Capital, in acquiring a minority stake in the company.