Bentonville, AR–More than 1.2 million Walmart workers will receive a pay increase starting Feb. 21, reported the nation’s largest retailer today. The raise comes as Walmart fulfills a commitment to increase its minimum hourly wage. Walmart claims that on Feb. 20, the pay raise will be one of the largest single-day, private-sector pay increases ever, […]

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Wilmington, DE—Ousted American Apparel CEO/Founder Dov Charney made what could be his final attempt to wrestle back the bankrupt Made-in-the-USA apparel and accessories retailer. Speaking at bankruptcy court here, Charney, whose $300 million takeover bid with Hagan Capital Group and Silver Creek Capital Partners was rejected, In what press reports termed “an animated” statement, Charney […]

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West Bloomfield, MI–Bertha Watches, a Resulto brand, has partnered with Her Campus to become the official timekeeper of Her Conference 2016. Her Conference is an event to help college women gain knowledge and guidance to excel on campus and in their careers. The conference is a two day event that includes influential keynote speakers, workshops […]

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New York—What’s up for retail in 2016? More of 2015 evidently. According to economists and industry experts who spoke at the National Retail Federation Retail Big Show Tuesday at Javits Center, sluggish growth will continue this year. Paula Campbell Roberts, executive director, research, at Morgan Stanley, told retailers that they will likely see”sluggish growth for […]

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Cincinnati–Macy’s, Inc. today announced that a Bloomingdale’s store is planned to open in spring 2017 in Kuwait as part of a strategic partnership with Al Tayer Group LLC, a leading UAE-based company with diversified business. This will be Bloomingdale’s second international location (the first opened in Dubai in 2010) and ahead of Macy’s and Bloomingdale’s […]

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Dallas—Famed Miami specialty retailer The Webster just opened its fourth boutique inside The Galleria in Houston. The 5,000 square foot, newly constructed, freestanding building with its own, dedicated valet service, is referred to as the “Jewel Box”. “I am thrilled to have the opportunity to open my fourth location, and first outside of Florida, at […]

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Washington–When it comes to teen tobacco use, truth believes creativity speaks louder than words. That’s why truth, one of the largest and most successful of national youth tobacco prevention, partnered with Brooklyn-based graphic artist Kevin Lyons to create a one-of-a-kind mural of monsters inspired by the generation that will end smoking once and for all. […]

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 New York—Tiffany & Co today reported lackluster holiday sales, blaming the strong U.S. dollar and weaker tourist spending for its downturn. Besides lowering its forecast, the retail jeweler also plans to cut jobs. Global net sales declined 3% on a constant exchange-rate basis, and comparable store sales fell 5% in the two months ending Dec. […]

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New York—With the news that it will be closing stores, cutting jobs and lowering its forecast, Macy’s Inc.’s stock had been taking a beating. Today, it rose as much as 5.6% in early trading upon the news that Greenlight Capital took a stake in the retailer. The news continued with speculation that a private equity […]

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