Vans, truth Morph Culture-Changing Art into Bold Footwear

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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Tiffany Cuts Outlook, Jobs as Holiday Sales Decline

 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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Macy’s Inc. Stock Jumps on News of Possible Real Estate Deals

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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DMI’s Top 10 Mobile In-Store Retailers: Who Made the List?

Bethesda, MD—JCPenney, American Eagle Outfitters, Target and Walmart have been in the news recently over lowered foot traffic, missed earnings or sales and restructuring/restrategizing. But there’s one area where these retailers are excelling, And that’s the quality of mobile experience they are providing shoppers. All four made it into the Top 10 such retailers. In […]

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Brentwood Associates Buys Boston Proper from Chico’s

Los Angeles–Brentwood Associates, a private equity investment firm, announced today that it has acquired Boston Proper direct-to-consumer business from Chico’s FAS, Inc. Terms of the agreement were not disclosed. Boston Proper is a Boca Raton, Florida-based multi-channel retailer of women’s apparel and accessories. In partnership with existing Boston Proper management, including Boston Proper President/Chief Merchandising […]

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ShopperTrak Launches New, “Groundbreaking Analytics Platform”

Chicago and New York–ShopperTrak, provider of consumer behavior insights and location-based analytics,  introduced its new Advanced Analytics platform, which seamlessly integrates multiple data sets into a centralized location, providing retailers and mall owners what they call “an unparalleled” view of what’s going on at retail. Introduced at Javits Center during the NRF Big Show, Advanced […]

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Weather, Deflation Cause Holiday Retail Sales to Miss

Washington—While the National Retail Federation today announced that holiday sales had “solid growth” the 3% increase ($626.1 billion) failed to meet the NRF’s projection for 3.7% growth. Non-store (online) holiday sales grew 9% to $105 billion. According to the National Retail Federation, December retail sales, which exclude automobiles, gas stations and restaurants, decreased 0.2% seasonally adjusted from […]

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Walmart to Close Nearly 300 Stores; 16,000 Jobs Up in the Air

Bentonville, AR—Walmart today revealed it plans to close 269 stores internationally (154 in the USA) and end its smallest store format. As a result, the restructuring will affect some 16,000 employees. Most of the affected stores in the United States are within 10 miles of another Walmart. The company said affected employees will receive priority […]

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Download Now: Fall/Winter 2016/17 Jewelry, Handbag Trend Reports

Click here to download the Jewelry Fall/Winter 2016/17 Report 2016 is barely out of the gate, but wise accessories companies are already putting together their Fall/Winter 2016-17 plans. Accessories Magazine’s Trend Forecasting Service is here to help. Starting today Fall/Winter 2016-17 handbag and jewelry reports are available for download. They are the ideal resources for […]

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100-Member Coalition Takes on Tackling Port Congestion

Washington–Following up on last fall’s successful campaign to include ports performance statistics program in the federal long-term surface transportation bill, NRF led a coalition of more than 100 groups in sending specific recommendations to the Department of Transportation on Thursday. “Having efficient, modern ports is important for the free flow of international trade, both imports […]

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