Retail
Macy's Announces Program To Celebrate National Hispanic Heritage Month
Macy’s is launching an El Encanto Latino event commemorating National Hispanic Heritage Month, this fall.
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Macy’s is launching an El Encanto Latino event commemorating National Hispanic Heritage Month, this fall.
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Retail Container Traffic Expected To Rise 16% In September
Import cargo volume at the nation’s major retail container ports is expected to be up 16% in September, compared with the same month last year.
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Import cargo volume at the nation’s major retail container ports is expected to be up 16% in September, compared with the same month last year.
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Office Depot Launches Exclusive Thomasville Office Furniture Line
The new Style@Work line offers sophisticated looks that can turn any workspace into a professional setting.
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The new Style@Work line offers sophisticated looks that can turn any workspace into a professional setting.
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Veteran Housewares Editor Duff Joins HomeWorld
Mike Duff has joined HomeWorld Business as senior editor, responsible for the home décor category. Duff also will contribute retail and general assignment news coverage.
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Mike Duff has joined HomeWorld Business as senior editor, responsible for the home décor category. Duff also will contribute retail and general assignment news coverage.
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Pier 1 Turnaround Effort Returns Comp Gains
The company posted sales increases in the second quarter and earnings guidance that exceeds expectations.
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The company posted sales increases in the second quarter and earnings guidance that exceeds expectations.
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ICSC Sees Slight Retail Gain In August
Comp gains just exceeded expectations but overall sales struggled.
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Comp gains just exceeded expectations but overall sales struggled.
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Home Helping TJX Sustain Sales Growth
Summer apparel came up short in August, but home furnishings helped TJX keep its comparable store sales gains after a substantial contribution in the second quarter.
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Summer apparel came up short in August, but home furnishings helped TJX keep its comparable store sales gains after a substantial contribution in the second quarter.
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Trends Emerge In Tough Back To School Season
While retailers try new initiatives to coax consumer spending, shoppers have their own strategies to minimize spending in a tricky economy.
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While retailers try new initiatives to coax consumer spending, shoppers have their own strategies to minimize spending in a tricky economy.
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Home Furnishings Push Ross Stores To 4% Comp Advance
Ross Stores continues to make sales and earnings gains during the recession.
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Ross Stores continues to make sales and earnings gains during the recession.
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Overstock.com Launches Eziba To Liquidate Home
Furnishings
The new Eziba site offers limited lots of home and housewares products set to sell through in 48 to 72 hours.
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The new Eziba site offers limited lots of home and housewares products set to sell through in 48 to 72 hours.
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H.E.B. Supermarkets Offering Decor For Students
Products ranging from kitchenware to domestics give H.E.B. a chance to capture some back-to-school spending.
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Products ranging from kitchenware to domestics give H.E.B. a chance to capture some back-to-school spending.
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Tuesday Morning Boosts Profits In Fiscal 2010
Buoyed by a 3.3% sales increase, Tuesday Morning reported a net income of $10.7 million in its latest reported fiscal year after a flat 2009.
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Buoyed by a 3.3% sales increase, Tuesday Morning reported a net income of $10.7 million in its latest reported fiscal year after a flat 2009.
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Home Furnishings Boost Cost Plus To 6.5% Comp Gain In Q2
As it expands on its core furniture range, Cost Plus World Market has increased comparable store sales as well as customer count and average ticket.
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As it expands on its core furniture range, Cost Plus World Market has increased comparable store sales as well as customer count and average ticket.
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CVS Enters Omaha Market
CVS/pharmacy recently celebrated its entry into the Omaha market with a grand opening at one of its two new stores in the city of Omaha.
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CVS/pharmacy recently celebrated its entry into the Omaha market with a grand opening at one of its two new stores in the city of Omaha.
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Williams-Sonoma Reports Q2 Results
Williams-Sonoma has reported that its net revenues for its second quarter of 2010 increased 15.4% to $776 million versus $672 million in the second quarter of fiscal 2009.
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Williams-Sonoma has reported that its net revenues for its second quarter of 2010 increased 15.4% to $776 million versus $672 million in the second quarter of fiscal 2009.
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Fresh & Easy To Open Stores In Northern California
Fresh & Easy Neighborhood Market has announced plans to open eight stores in Northern California in early 2011.
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Fresh & Easy Neighborhood Market has announced plans to open eight stores in Northern California in early 2011.
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Gracious Home Files For Bankruptcy
Gracious Home, which operates three Manhattan stores, filed for Chapter 11 bankruptcy protection on August 13.
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Gracious Home, which operates three Manhattan stores, filed for Chapter 11 bankruptcy protection on August 13.
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Lowe’s Increases Q2 Sales, Earnings
Lowe’s Companies has reported net earnings of $832 million for the second quarter ended July 30, 2010, a 9.6% increase from the same period a year ago. For the six months ended July 30, 2010, net earnings increased 7% to $1.32 billion.
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Lowe’s Companies has reported net earnings of $832 million for the second quarter ended July 30, 2010, a 9.6% increase from the same period a year ago. For the six months ended July 30, 2010, net earnings increased 7% to $1.32 billion.
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Cooks'Wares Owner Fricke Passes Away
Paul Fricke, owner of the Cooks’Wares gourmet kitchenware store in Cincinnati, died Thursday.
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Paul Fricke, owner of the Cooks’Wares gourmet kitchenware store in Cincinnati, died Thursday.
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Kohl's Reports 7.7% Q2 Sales Increase
Kohl’s Corporation has reported results for the second quarter and six months ended July 31, 2010, and recorded net income for the quarter of $260 million compared with $229 million a year ago. Net sales were $4.1 billion, an increase of 7.7% for the quarter.
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Kohl’s Corporation has reported results for the second quarter and six months ended July 31, 2010, and recorded net income for the quarter of $260 million compared with $229 million a year ago. Net sales were $4.1 billion, an increase of 7.7% for the quarter.
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Macy's Reports Q2 Sales Up 7.2%
Macy’s, Inc. has reported that sales in the second quarter totaled $5.537 billion, up 7.2% from total sales of $5.164 billion in the second quarter of 2009. On a same-store basis, second quarter sales were up 4.9%.
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Macy’s, Inc. has reported that sales in the second quarter totaled $5.537 billion, up 7.2% from total sales of $5.164 billion in the second quarter of 2009. On a same-store basis, second quarter sales were up 4.9%.
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Bissell To Enter Carpet Cleaner Rental Market
Bissell Homecare Inc. has announced that it is entering the rental arena with its first commercial-grade deep cleaner.
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Bissell Homecare Inc. has announced that it is entering the rental arena with its first commercial-grade deep cleaner.
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comScore Reports Q2 E-Commerce Sales Up 9%
U.S. retail e-commerce sales for second quarter 2010 reached $32.9 billion for the quarter, up 9% versus the same quarter a year ago, according to estimates from comScore, Inc.
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U.S. retail e-commerce sales for second quarter 2010 reached $32.9 billion for the quarter, up 9% versus the same quarter a year ago, according to estimates from comScore, Inc.
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hhgregg Opens Berwyn/King Of Prussia Store
Retailer hhgregg has opened a new appliance and electronics store in Berwyn, Pennsylvania, bringing the company’s total number of stores in the Philadelphia and Greater Delaware Valley area to 13.
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Retailer hhgregg has opened a new appliance and electronics store in Berwyn, Pennsylvania, bringing the company’s total number of stores in the Philadelphia and Greater Delaware Valley area to 13.
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Belk Names Bufano President, Chief Merchandising Officer
Belk Inc. has promoted Kathryn Bufano to president and chief merchandising officer. McKay Belk, who previously held the role, will now be vice chairman of the retail chain.
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Belk Inc. has promoted Kathryn Bufano to president and chief merchandising officer. McKay Belk, who previously held the role, will now be vice chairman of the retail chain.
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Target Introduces New John Derian Home Decor Collection
Target is introducing a new John Derian for Target collection, an exclusive home décor and accessories line available for a limited time.
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Target is introducing a new John Derian for Target collection, an exclusive home décor and accessories line available for a limited time.
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Big Lots Reports Second Quarter Comp Store Sales Increase
Big Lots, Inc. has reported that comparable store sales for stores open at least two years at the beginning of the fiscal year increased 3.8% for the second quarter of fiscal 2010.
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Big Lots, Inc. has reported that comparable store sales for stores open at least two years at the beginning of the fiscal year increased 3.8% for the second quarter of fiscal 2010.
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IHA Announces Agenda For Upcoming CHESS Session
The International Housewares Association has announced that Adolfo Laurenti, deputy chief economist and managing director at Mesirow Financial, will deliver the keynote address, "Time of Crisis, Time of Opportunities," to open CHESS 2010, the Chief Housewares Executive SuperSession, to be held October 6 and 7.
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The International Housewares Association has announced that Adolfo Laurenti, deputy chief economist and managing director at Mesirow Financial, will deliver the keynote address, "Time of Crisis, Time of Opportunities," to open CHESS 2010, the Chief Housewares Executive SuperSession, to be held October 6 and 7.
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Import Cargo Volume Continues To Grow
Import cargo volume at the nation’s major retail container ports is expected to total 14.5 million containers for 2010, a 15% increase over last year’s unusually low numbers as the economy continues its cautious recovery, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
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Import cargo volume at the nation’s major retail container ports is expected to total 14.5 million containers for 2010, a 15% increase over last year’s unusually low numbers as the economy continues its cautious recovery, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
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Strong Home Furnishings Sales Growth Drives Dorel Q2 Results Higher
Second quarter sales in the home furnishings division of Dorel Industries were up nearly 24% with the gains driven largely from improvements at Cosco Home & Office.
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Second quarter sales in the home furnishings division of Dorel Industries were up nearly 24% with the gains driven largely from improvements at Cosco Home & Office.
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Organize.com Launches Teacher Registry
Organize.com has launched a teacher registry and 15% discount program as part of its "Organize.com Loves Teacher Program," as the company kicks off back to school promotions for 2010.
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Organize.com has launched a teacher registry and 15% discount program as part of its "Organize.com Loves Teacher Program," as the company kicks off back to school promotions for 2010.
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The Cook's Warehouse Hosts Farm-To-School Workshop
Mary Moore, founder and CEO of The Cook’s Warehouse, recently hosted the second half-day Farm-to-School “cooking workshop” for cafeteria workers from the City Schools of Decatur, GA.
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Mary Moore, founder and CEO of The Cook’s Warehouse, recently hosted the second half-day Farm-to-School “cooking workshop” for cafeteria workers from the City Schools of Decatur, GA.
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National Retail Federation Supports Organized Retail Crime Bill
The National Retail Federation (NRF) has announced its support for legislation that would establish a new unit at the Department of Justice focused on investigating and prosecuting organized retail crime.
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The National Retail Federation (NRF) has announced its support for legislation that would establish a new unit at the Department of Justice focused on investigating and prosecuting organized retail crime.
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Cuisinart's Rodgers Talks Social Media At SIA Conference
At the recent Shopper Insights in Action (SIA) conference, held in Chicago, Mary Rodgers, director/marketing communications for Cuisinart and Waring, offered social media insights in her presentation, “The Power of Social Media: Driving Shoppers to Retail, from First Point of Contact to Point of Sale."
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At the recent Shopper Insights in Action (SIA) conference, held in Chicago, Mary Rodgers, director/marketing communications for Cuisinart and Waring, offered social media insights in her presentation, “The Power of Social Media: Driving Shoppers to Retail, from First Point of Contact to Point of Sale."
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Winn-Dixie To Close 30 Stores
Supermarket chain Winn-Dixie Stores said it will close 30 under-performing stores and cut 120 corporate and field support staff jobs to reduce costs, incurring related charges in the first quarter of fiscal 2011.
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Supermarket chain Winn-Dixie Stores said it will close 30 under-performing stores and cut 120 corporate and field support staff jobs to reduce costs, incurring related charges in the first quarter of fiscal 2011.
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Consumer Confidence Down In July
The Conference Board Consumer Confidence Index, which had declined sharply in June, retreated further in July. The Index now stands at 50.4, down from 54.3 in June.
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The Conference Board Consumer Confidence Index, which had declined sharply in June, retreated further in July. The Index now stands at 50.4, down from 54.3 in June.
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Office Depot Q2 Sales Down 4%
Second quarter sales at Office Depot were down 4% but the results exceeded company expectations, officials said.
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Second quarter sales at Office Depot were down 4% but the results exceeded company expectations, officials said.
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Target To Open Its First Manhattan Store
Target will open its first store on the island of Manhattan, celebrating its grand opening in East Harlem on Sunday, July 25.
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Target will open its first store on the island of Manhattan, celebrating its grand opening in East Harlem on Sunday, July 25.
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OfficeMax EVP/COO Resigns
Sam Martin, executive vice president and chief operating officer of OfficeMax, notified the company of his intention to resign and accept a chief executive officer position at another company.
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Sam Martin, executive vice president and chief operating officer of OfficeMax, notified the company of his intention to resign and accept a chief executive officer position at another company.
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Target Launching 'Black Friday' Sales On Target.com
Target is expanding the well-known Black Friday sales concept from the Thanksgiving weekend holiday selling season to the summer as the retailer launches its first-ever "Back in Black Friday" sale this Friday on Target.com.
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Target is expanding the well-known Black Friday sales concept from the Thanksgiving weekend holiday selling season to the summer as the retailer launches its first-ever "Back in Black Friday" sale this Friday on Target.com.
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A Cook's Companion Wins Swiss Diamond Promotion
Swiss Diamond announces that A Cook’s Companion in Brooklyn, NY, is the winner of a trip for two to Switzerland in the company's second annual Display Your Diamonds promotion.
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Swiss Diamond announces that A Cook’s Companion in Brooklyn, NY, is the winner of a trip for two to Switzerland in the company's second annual Display Your Diamonds promotion.
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Target To Open New Chicago Store
Target will open a new store in the Wilson Yard community of Chicago on July 25 that will bring more than 300 new jobs to the region, the retailer announced. The store will feature fresh produce, meat and bakery goods and enhancements to areas such as beauty, shoes, electronics, jewelry and home.
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Target will open a new store in the Wilson Yard community of Chicago on July 25 that will bring more than 300 new jobs to the region, the retailer announced. The store will feature fresh produce, meat and bakery goods and enhancements to areas such as beauty, shoes, electronics, jewelry and home.
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Target Unveils Back-To-School Assortment
Target is rolling out its back-to-school assortment in several departments across the store, offering what the retailer is calling a one-stop shopping for students and parents for products ranging from school supplies and dorm décor to fashionable clothing and the latest gadgets.
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Target is rolling out its back-to-school assortment in several departments across the store, offering what the retailer is calling a one-stop shopping for students and parents for products ranging from school supplies and dorm décor to fashionable clothing and the latest gadgets.
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June Retail Sales Show Slight Increase Over 2009
According to the National Retail Federation, June retail industry sales (which exclude automobiles, gas stations and restaurants) decreased 0.5% seasonally adjusted over May and increased 3.3% unadjusted year-over-year.
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According to the National Retail Federation, June retail industry sales (which exclude automobiles, gas stations and restaurants) decreased 0.5% seasonally adjusted over May and increased 3.3% unadjusted year-over-year.
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eTabletop's Norsig Talks "Pop-Ups" At 7 W New York
Christina Norsig of eTabletop and founder and CEO of PopUpInsider.com will host a seminar on "Pop-Up Shops as Marketing Tools for Specialty Retailers" at 7 W New York as part of the upcoming Gift & Home Textiles Market Week, in New York City.
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Christina Norsig of eTabletop and founder and CEO of PopUpInsider.com will host a seminar on "Pop-Up Shops as Marketing Tools for Specialty Retailers" at 7 W New York as part of the upcoming Gift & Home Textiles Market Week, in New York City.
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Import Cargo Volume Continues To Rise
Import cargo volume at the nation’s major retail container ports is expected to be up 16% in July compared with the same month a year ago, but double-digit increases seen in recent months should taper off this fall as retailers cautiously manage their inventories, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
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Import cargo volume at the nation’s major retail container ports is expected to be up 16% in July compared with the same month a year ago, but double-digit increases seen in recent months should taper off this fall as retailers cautiously manage their inventories, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
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Bed Bath & Beyond Extend Employment Agreements With Co-Chairmen
Bed Bath & Beyond has agreed to extend the employment agreements of Warren Eisenberg, company co-chairman, and Leonard Feinstein, company co-chairman, through September 30 of this year.
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Bed Bath & Beyond has agreed to extend the employment agreements of Warren Eisenberg, company co-chairman, and Leonard Feinstein, company co-chairman, through September 30 of this year.
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RILA Opposes Currency Exchange Reform Act
The Retail Industry Leaders Association (RILA) today urged Senators to oppose efforts to pass the Currency Exchange Rate Oversight Reform Act— legislation that would attempt to force China to revalue its currency.
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The Retail Industry Leaders Association (RILA) today urged Senators to oppose efforts to pass the Currency Exchange Rate Oversight Reform Act— legislation that would attempt to force China to revalue its currency.
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Consumer Confidence Drops In June
The Conference Board Consumer Confidence Index, which had been on the rise for three consecutive months, declined sharply in June. The Index now stands at 52.9 down from 62.7 in May. The Present Situation Index decreased to 25.5 from 29.8. The Expectations Index declined to 71.2 from 84.6 last month.
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The Conference Board Consumer Confidence Index, which had been on the rise for three consecutive months, declined sharply in June. The Index now stands at 52.9 down from 62.7 in May. The Present Situation Index decreased to 25.5 from 29.8. The Expectations Index declined to 71.2 from 84.6 last month.
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