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Claire's profit rises in Q4
March 22, 2012

Chicago -- Claire's Stores reported Thursday that net income for the quarter ended Jan. 28 rose to $39.5 million, from $21 million in the year-ago period. Sales edged up 3.1% to $434.9 million, compared with $422 million last year. Same-store sales rose 0.9%, consisting of a 3.4% increase in North America and a 3.6% decrease in Europe.

How Maxine Clark Built Build-A-Bear
March 21, 2012

Maxine Clark, the 63-year-old founder of Build-A-Bear, was always a shopper, even as a kid. So it made sense that she would wind up in retail. Clark eventually made it to the top as president of Payless ShoeSource. But the job wasn't enough. The spark was gone, she said. She left in 1996.

Why Kmart Lost the Attention of Discount Shoppers
March 21, 2012

It seems impossible to believe now, but Sam Walton once had Kmart envy. The legendary founder of what's now earth's largest retailer was so envious of his competitor that he would tour its stores, openly gushing. 

Report: Five Below eying IPO
March 21, 2012

Philadelphia -- A Wednesday report by Reuters said that discounter Five Below is said to be considering an initial public offering. The report, citing unnamed sources, said that the Advent International- and LLR Partners-owned chain has hired underwriters and is in discussions with bankers. Five Below is in a growth mode and could potentially command a market valuation of over $1 billion.

Spring Apparel, Candy to Send Easter Sales Past $16B
March 21, 2012

It seems even high prices at the pump can't keep the Easter Bunny away this year.  According to NRF's Easter spending survey, Americans will shell out an average of $145.28 on everything from apparel and candy to food and decorations this year, up 11 percent from $131.04 last year.

J.C. Penney Broadens Ads With Hulu Plus Mobile App
March 21, 2012

J.C. Penney is running mobile ads inside the Hulu Plus iPhone application that let users shop via the retailer's mobile site. The J.C. Penney ads promote the company's new month-long sales that are part of a larger rebranding move.

Overstock.com Hires Tim Dilworth as SVP, Marketing
March 21, 2012

/PRNewswire/ -- Overstock.com, Inc. (NASDAQ: OSTK) today announced it has hired Timothy Dilworth, a former executive of Coldwater Creek, as the company's senior vice president of marketing. (Logo: photos.prnewswire.com/prnh/20120110/LA33954LOGO) The company said Dilworth will be responsible for defining and driving all marketing activities across the Overstock.com organization. "We're very pleased to welcome Tim to the Overstock.com team," said Patrick Byrne, chairman and CEO of Overstock.com. "Given Tim's background and experience, we expect he will make an enormous contribution to our company." Dilworth has worked for Coldwater Creek since 2000 in various positions within the company's marketing group and last