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Subscriber Content Preview | Search Sign up for by | Published April 16, 2012 at 12:07 PM Coty Inc. on Monday reaffirmed its $10 billion unsolicited offer for Avon Products Inc., providing more details of its plans to finance the bid and hinting it might raise its offer if allowed to conduct due diligence.New York-based Coty put Avon in play earlier this month, proposing to pay $23.25 per share in cash for the cosmetics giant. Avon, also of New York, quickly rejected that bid as opportunistic and said it had no interest in discussing a transaction.Avon, which posted a

Burberry, the U.K.’s largest luxury goods maker, reported fiscal fourth-quarter sales that trailed analysts’ estimates and said it remains vigilant as growth slows in Europe.

Montreal-based online retailer SSENSE made news in the blogosphere recently when it released what it claimed was the first music video that lets you buy while you watch.

San Francisco Business Times by , Reporter Reporter - San Francisco Business Times Email | Twitter Target Corp. Target Corp. Latest from The Business Journals Follow this company is moving forward on adding more stores to its Bay Area roster. The Minneapolis-based merchant recently acquired 10 acres near the intersection of Kenilworth Drive and East Washington Street in Petaluma from Regency Centers, where the retailer plans on building a 140,000-square-foot store. Target, which prefers to own its stores, will start construction later this year. The store will anchor East

Camp Hill, Pa.-based Rite Aid Corp. plans to focus on remodeling existing stores in fiscal 2013. The revamped stores will feature the company’s wellness format, a design Rite Aid began rolling out in fall 2012. The wellness format features expanded clinical pharmacy services, new health and wellness product offerings and on-site Wellness Ambassadors. In 2011, the company relocated 15 stores, remodeled 278 stores and closed 47 stores. At the end of 2011, the company operated 4,667 stores.

Longtime senior executives elevated to top positions DALLAS, April 16, 2012 /PRNewswire/ -- The Board of Directors of Haggar Clothing Co. announced today the promotion of two longtime, outstanding senior executives. Michael Stitt, formerly President of Haggar's highly successful Canadian business, has become the Company's Chief Executive Officer and joined the Board. Tim Lyons, formerly President of Haggar's U.S. wholesale sales operations, has become the President of Haggar. Stitt and Lyons are assuming their new responsibilities at a time when Haggar is poised to continue the steady revenue growth and strong profitability that it has posted

Wal-Mart Stores Inc.’s board of directors has nominated Marissa A. Mayer of Google Inc. for election as a new member of the company’s board at the Bentonville, Ark.-based Annual Shareholders’ Meeting on June 1. If elected, Mayer would become the board’s 16th member. “At Walmart, we are focused on giving our millions of customers around the globe ‘anytime anywhere’ access, whether it is through a mobile device, online or in a physical store,” noted Walmart chairman Rob Walton. “We are on the cusp of a massive transformation in the way people shop in our increasingly connected world. Marissa’s insights

The success of its online sales is inspiring Macy's Chief Executive Terry Lundgren to make some changes to the in-store shopping experience, according to a story from Reuters. Macy's hopes to make customers feel as comfortable and ready to buy in-store as they do online. Some ideas include in-store kiosks that allows customers to see reviews and pay on the spot. Another idea is an electronic concierge in the cosmetics section to recommend skin care products. A few Macy's locations are already testing Beauty Spot kiosks with more appearing in other locations in the coming years, Lundgren said.

Current Titles from Blockbuster Family Franchises Including Shrek, Kung Fu Panda and Madagascar Available Now for Disc-to-Digital Conversion Exclusively at Walmart BENTONVILLE, Ark., April 16, 2012 /PRNewswire/ -- Shrek, Gingy, Po and Tigress are making their way to the cloud! Beginning today at more than 3,500 Walmart stores in the U.S., movie fans can now gain digital access to current DreamWorks Animation titles, including Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon, through Walmart's exclusive disc-to-digital service powered by VUDU, the industry-leading video streaming service. DreamWorks Animation is the sixth major Hollywood studio

(GLOBE NEWSWIRE) -- Fossil, Inc. (the "Company") announced the appointment of Thomas M. Nealon to its Board of Directors effective today. With the appointment, the Company's Board of Directors consists of twelve members, including ten independent directors, one former member of senior management and one current member of senior management. Kosta Kartsotis, Chairman and Chief Executive Officer of the Company said, "We are tremendously pleased to have Tom join our Board. As we continue to expand our business globally, Tom's significant experience in corporate strategy and information technology in the retail industry will be very beneficial to us." Mr.