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In advance of the company’s press conference today, Paypal is announcing that it's secured partnerships with three of the top point-of-sale providers, giving it access to nearly 40 million terminals worldwide. The partnerships are important because it makes rolling out its in-store payments technology to retailers much easier. To date, PayPal deployed its service to all 2,000 Home Depots, but it has a long way to go in meeting its goal of having 20 major retailers by the end of the year.

Issaquah, Wash. -- Costco Wholesale Corp. reported Thursday that net income for the quarter ended May 6 surged 19% to $386 million, from $324 million in the same period last year. Revenue rose 8% to $22.3 billion from $20.6 billion, beating Wall Street’s expected $22.1 billion in revenue. Same-store sales increased 5%. The company said it plans to open six additional warehouse clubs before the end of fiscal 2

Footcandy Shoes announced the launch of its Footcandy mobile shop. The 34-ft. luxury coach vehicle is styled out and stocked with designer shoes, currently touring West Coast proper from Los Angeles to San Diego, Seattle and beyond. The Footcandy mobile shop is also for hire, adding a fresh take on wedding parties, showers, private fashion functions and events.

Retail News Breaks May 16th, 2012MINNEAPOLIS ? Retail sales for the first quarter increased 6.1% to $16.54 billion at Target Corp., fueled by a 5.3% rise in comparable-store sales. Although net income increased just 1.2% to $697 million, earnings per diluted share of $1.04 exceeded the $1.02 per share average estimate among analysts. In a research note, William Blair & Co. analyst Mark Miller noted that the results represented a strong rebound from soft fourth quarter sales. In particular, the previously reported 5.3% increase in comp-store sales was the best quarterly comp in over six years, and, like other

An unusually mild winter this year (along with with a recovering economy) resulted in an earlier jump in search queries for garden, patio and outdoor equipment. By mid-March, query volume on Google for the outdoor and patio category had already reached May 2011 levels. Many advertisers benefited from this earlier spike in interest though more sales earlier in the year. Those who succeeded most were the ones with competitive search bids and daily budgets that were already set up to capture demand when it occurred, regardless of the time of year.

British luxury brand Burberry hopes to insulate itself against global economic headwinds by investing in bigger stores in major cities such as London, Chicago and Hong Kong that are popular both with tourists and the super rich. Reporting another jump in profit on Wednesday, Burberry said it would invest up to 200 million pounds ($316 million) in the business over the coming year with about one-third of it going towards larger format outlets, including a relocated store on London's Regent Street and a rebuild in Chicago. 

As a follow-up to my previous blog post, I continued to monitor the Gmail inbox placement for ProFlowers over the past two months. What I saw was a remarkable turnaround from the struggles the floral retailer had in February and March, when it bottomed out at 26.1 percent around Valentine's Day. ProFlowers’ proactive approach to restoring sender reputation with Gmail customers seems to have worked as planned.

(BUSINESS WIRE) -- American Apparel /quotes/zigman/1511249/quotes/nls/app APP +5.41% , the vertically integrated clothing manufacturer based in downtown Los Angeles, has announced the opening of two new shop-in-shop locations inside two flagship Myer department stores in Sydney and Melbourne, Australia. This is the company's first collaboration with the Myer Store Group and marks American Apparel's fourth and fifth stores in Australia, in addition to its thriving e-commerce business at store.americanapparel.com.au. These two new retail spaces, each approximately 700 sq ft, continue the company's expansion into the shop-in-shop market. "We're excited to be serving more customers in Sydney and Melbourne face