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Sears to close The Great Indoors in Houston, cut 74 jobs
April 30, 2012

Sears Holdings Corp. (Nasdaq: SHLD) will close Houstonโ€™s The Great Indoors location on Old Katy Road on June 16, eliminating approximately 74 positions. The Hoffman Estates, Ill.-based company will lay off employees during a two-week period starting June 16, a notice filed with the Texas Workforce Commission said. Employees affected by the closing will not have bumping rights, meaning that higher-ranked workers whose positions are eliminated cannot take lower-ranked jobs. Sears said in February...

Gymboree to Open 105 Stores in 2012
April 30, 2012

San Francisco-based The Gymboree Corp. plans to open 105 new stores during fiscal 2012. Eighty of the new locations will operate under the companyโ€™s Crazy 8 banner.

Charming Shoppes IT Transformation Drives $25-30M in Cost Cuts by 2014
April 30, 2012

The multi-year IT initiative that Charming Shoppes is embarking on will be nothing less than "a transformation of our technology, distribution and supply chain capabilities," according to CIO Michael Barrett. Encompassing upgrades of core systems that include the point-of-sale, merchandising, inventory, financials, warehouse and order management, the 1,857-store retailer's efforts are projected to drive $25 to $30 million in cost savings within a two-year time frame.

Dollar General Enters Grocery Business
April 30, 2012

Dollar General Inc., whose discount stores have stolen bargain-seeking shoppers from Wal-Mart Stores Inc., is trying to grab a share of the grocery business.

Amazon Makes Deal With Texas on Tax Collection
April 30, 2012

Susan Combs, Texas Comptroller of Public Accounts, and Amazon.com Inc. (NASDAQ: AMZN) have reached an agreement to resolve sales tax issues that will create thousands of jobs in the state. Seattle-based Amazon plans to create at least 2,500 jobs and invest at least $200 million in the state over the next four years, the comptroller's office said in a statement Friday. The company will begin to collect and remit Texas sales tax on July 1, resolving all sales tax issues between the state and Amazon. Talks...

Burberry Opens Taiwan Flagship
April 30, 2012

London-based Burberry Group plc opened a 14,800-sq.-ft. flagship in Taiwan, according to www.wwd.com. Located at the base of the Taipei 101 tower, the store is the countryโ€™s first flagship and the brandโ€™s largest in the region. The space features large LED flat screens as part of a โ€œretail theaterโ€ concept. The installation includes a look book of the upcoming fall season. Very Important Customer (VIC) rooms provide intimate spaces for shoppers to explore Burberry.com and shop. The interactive touchscreens can be controlled from any iPhone or iPod Touch via an app that customers can download at the store. SAVE

AdamEve.com Reports Profit Increase First Quarter 2012 - Press Releases
April 30, 2012

HILLSBOROUGH, N.C. , April 30, 2012 /PRNewswire/ -- Adam & Eve ( http://www.AdamAndEve.com/news ), America's most trusted source for adult products, announced today that 1st quarter 2012 profits were up 7.8% despite flat sales numbers. (Logo: http://photos.prnewswire.com/prnh/20110223/LA51821LOGO ) "We are pleased with the first quarter 2012 results," said Chad Davis , Director of Marketing for Adam & Eve. "We attribute the increases to lowered overhead expenses and marketing through new media channels and natural search. Sales via direct load has also yielded double digit growth for us this quarter." "We've seen

Timberland Exec: QR Codes Lead to Brand Engagement
April 30, 2012

A Timberland executive at the Mobile Shopping Spring Summit said that although many debate how effective mobile bar codes are, they give users an outlet to learn more about a product.