04 Aug Wal-Mart’s website to personalize shopping
Wal-Mart, in its latest bid to compete with nemesis Amazon.com, is making changes to its website to personalize the online shopping experience of each customer....
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03 Aug Dollar Tree, Family Dollar to merge in $8.5B deal
Dollar stores play a strong role in the retail scene. Forty-two percent of all consumers shop at them more than once a month, according to a study from the Hartman Group, a consumer market research firm. One in four shoppers go once a week or...
01 Aug Amazon Invests $2B to Expand Operations in India – Analyst Blog
In Jun 2013, Amazon launched its online marketplace in India where it sells books, films, TV shows, mobile phones and cameras among other items through its website Amazon.in. Seeing the overwhelming response in India, Amazon plans to further increase its investments in India and gain...
31 Jul Steve Madden Announces Second Quarter 2014 Results
Edward Rosenfeld, Chairman and Chief Executive Officer, commented, “The second quarter proved difficult for Steve Madden, as we continued to face a challenging retail environment, weak mall traffic, and a women’s footwear market with few significant fashion trends." ...
31 Jul Target Hires Former Pepsi Exec as CEO
“As we seek to aggressively move Target forward and establish the company as a top omnichannel retailer, we focused on identifying an extraordinary leader who could bring vision, focus and a wealth of experience to Target’s transformation,” said Roxanne S. Austin, interim non-executive chair of...
30 Jul Authentic Brands Group Acquires Collective Licensing International
Authentic Brands Group, LLC (ABG), the parent of Prince, Spyder and TapOut, has agreed to acquire certain assets of Collective Licensing International, LLC, including Airwalk, Hind, Vision Street Wear, and Above The Rim. The seller was Payless Holdings, the company that includes Payless...
30 Jul Kids Foot Locker Partners with Boys & Girls Clubs of America
The Kids Foot Locker Foundation and Boys & Girls Clubs of America (BGCA) announced a national partnership encouraging kids to engage in an active lifestyle. ...
30 Jul Crocs Appoints VP of Retail for North America
Crocs, Inc. appointed Claire Fahie-Conley, former vice president of U.S. retail for Reebok, as its vice president of retail for North America. In this role, Fahie-Conley will be responsible for overseeing all aspects of the retail footprint in North America, including the entire fleet of...
30 Jul Saucony Promotes Todd Dalhausser to SVP of North American Sales
Saucony, today announced the promotion of industry veteran Todd Dalhausser to the position of senior vice president of North American sales. In this new role, Dalhausser will oversee all facets of U.S. and Canadian sales, including long-range planning, go-to-market strategies and building successful partner relationships...
30 Jul FDRA Releases Robust 2014 Footwear Sourcing Assessment at Footwear Sourcing Summit in New York
"One of the interesting things we did this year was both a 10,000 foot view of footwear production at a global level AND a deep dive where we provide one page analysis for seven specific countries of interest to our members. These country profiles include...
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