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Walgreens plans to introduce a customer loyalty program in September, and the nation's largest drugstore chain will also complete the chainwide rollout of its next-generation point-of-sale system by the end of 2012. The retailer's technology investments,...

Sears has appointed Leveraged Marketing Corp. of America as its exclusive global licensing agent as it looks to capitalize on ways to sell its signature Kenmore, Craftsman and DieHard brands outside its own stores. Sears said it will work closely with Leveraged Marketing to identify, evaluate and manage licensing opportunities around the world.

Dick's Sporting Goods announced today that it's agreed to make a 20 million pounds strategic investment in JJB Sports, a leading U.K. sports retailer. Under the terms of the agreement, Dick's Sporting Goods will purchase 18.75 million pounds in junior secured convertible notes and 1.25 million pounds in ordinary shares of JJB Sports, subject to the approval of JJB's shareholders. In conjunction with its investment in JJB Sports, Dick's will be entitled to nominate up to two nonexecutive directors to serve on the JJB Sports' board. Dick's will also be entitled to board observer rights under certain circumstances.

Company increases guidance, now expects same-store sales to be up 4.3 percent to 4.5 percent in the combined March-April period CINCINNATI, Apr 05, 2012 (BUSINESS WIRE) --Macy's, Inc. (NYSE:M) today reported total sales of $2.358 billion for the five...

Boston-based Karmaloop , an e-commerce site that claims to be fighting the evil forces of McFashion with original clothing, has hired a numbers guy. Robert Price will be joining as CFO, having come most recently from Yapstone, a payment processor serving the vacation rental market. Prior to Yapstone, Price was CFO at TheLadders.com and Buy.com.

NEW YORK — Saks has named Michael Burgess as president of its direct business, effective May 7, 2012. Burgess will report to Denise Incandela, EVP and chief marketing officer for Saks Fifth Avenue and current president of Saks direct. Burgess has served as EVP of the consumer division of FTD at United Online since 2008 where he led merchandising, marketing, consumer information technology, and several other functions of the growing FTD North America business segment. Burgess held the post of VP and general manager, internet business, of Teleflora LLC between 2006 and 2008. Prior to that, he held various

(GLOBE NEWSWIRE) -- Perfumania Holdings, Inc. announced today that Perfumania, one of its wholly-owned subsidiaries which operates specialty retail fragrance stores throughout the United States and Puerto Rico, reported total net sales of $20.1 million...