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Systemax North American Technology Products Group Announces Management Appointments
March 13, 2012

- Strengthens Strategy & Services, Merchandising and IT Leadership - MIAMI -- The Systemax North American Technology Products Group, a business unit of Systemax Inc. (NYSE: SYX), which includes the TigerDirect, CompUSA and Circuit City brands, announced today that it has appointed three new executives. Joining the leadership team are Jed Stillman, Executive Vice President of Strategy and Services, Michael Amkreutz, Executive Vice President of Merchandising, and Michael Jones, Chief Information Officer. David Sprosty, Systemax’s Chief Executive of the North American Technology Products Group, commented, “On behalf of our Board of Directors and employees, I’d like to welcome

Retail Container Traffic to Increase 10% in March
March 13, 2012

Import cargo volume at the nation's major retail container ports is expected to increase 10 percent in March compared with the same month last year, and year-over-year gains should continue through midsummer, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Barnes & Noble Expanding Penguin Boutique Program
March 13, 2012

Over the course of the last six months, Barnes & Noble has been employing an in-store boutique stand devoted to Penguin. The concept was to put an emphasis on books by the publishing powerhouse. It initially started with only 10 locations in the U.S. and is set to expand.

Nielsen: Amazon is most popular retail mobile website
March 12, 2012

Amazon is arguably the most dominant online retail force right now, but a new report from Nielsen Wire argues that the Seattle-based enterprise is already winning the mobile retail shopping front. Nielsen?s latest report focuses on how smartphone owners are using their mobile devices for shopping, but especially the difference between using mobile retail apps or just visiting mobile versions of the online stores through a browser. It?s not much of a surprise that, so far, retail websites are more popular with consumers than retail apps. Perhaps consumers are still more accustomed to shopping in the browser (even if

Gymboree to Pay $464K to Settle Labor Law Claim
March 12, 2012

Gymboree will pay the state $463,600 to settle complaints it denied workers meal breaks due under Massachusetts Meal Break Law, state Attorney General Martha Coakley's office said. Gymboree, a San Francisco-based children’s retailer with eight stores in Massachusetts, agreed to pay $130,000 to current and former managers who worked between July 1, 2009 and July 1, 2011. The company will also pay $320,000 in penalties to the state, and allocate $13,600 to update company policies to ensure future compliance with the Massachusetts Wage Act.

Soros-Led Hookup May Save American Apparel
March 12, 2012

George Soros has found a new financial disaster from which to profit: American Apparel. The billionaire octogenarian who, like American Apparel's controversial CEO Dov Charney, has lately been entangled in lawsuits with young, beautiful women, is backing a firm that's in talks to extend a credit line worth as much as $80 million to the cash-strapped clothing chain, The Post has learned. The credit facility from Crystal Financial, a Boston-based firm that boasts Soros’ hedge fund as its lead investor, will immediately replace and expand a $75 million revolving credit line from Bank of America.

Macy's Kicks Off Shoe Floor Remodel
March 12, 2012

Your Name (Cannot be empty) Your Email (Cannot be empty) Send me a copy of this email Your Friend's Email (Cannot be empty) (Place semi-colons between multiple addresses) Your Message (0/2000) (Please remove all HTML code) Cancel Send Success! Your Email was sent succesfully. Done Send Another Error! Your Email was not sent. Done Send Another Construction of the new shoe floor at Macy’s Herald Square in New York began today, the department store chain said. The groundbreaking of the shoe floor, slated to be the world’s... content.isArchiveOnly = false reviewArticle.isArchiveOnly = user.hasArchiveAccess = Sign in to your account

Dreams Expects Record 2011 Revenues of $141.7 Million, up 27%
March 12, 2012

Expects 2012 Revenues of $175 Million with E-Commerce Revenues up 30% to $147 Million PLANTATION, Fla. -- Dreams, Inc. (NYSE Amex: DRJ), a technology driven, multi-channel retailer focused on the licensed sports products industry, reported preliminary revenues for the year ended December 31, 2011. The company has also provided its revenue outlook for the full year 2012. Based on preliminary unaudited information, for the year ended December 31, 2011, Dreams expects to report total revenues of $141.7 million, increasing 27% from $111.4 million in 2010. Dreams also expects to report e-commerce revenues of $113.0 million, up 33% from

L.L. Bean Sees Revenue Growth for Second Straight Year
March 12, 2012

E-Mail This StoryPrinter-Friendly Format L.L. Bean Sales Grew Again in 2011 SportsOneSource Media Posted: 3/12/2012 L.L. Bean reported revenues rose 5.5 percent to $1.52 billion in fiscal 2011 from $1.44 billion 2010, its second-straight increase although it fell short of its internal goals. Its fiscal year closes at the end of February. The company, now in its 100th year, saw back-to-back declines in 2008 and 2009 after the recession hit but recovered in 2010, when revenues grew 5.7 percent. The catalog and retail operator saw sales drop 6.6 percent in 2009 after tumbling 7.8 percent in 2008.