PayPal has confirmed partnership with 15 national retailers, including JCPenney, American Eagle Outfitters, Toys“R”Us and Foot Locker, for its mobile wallet service.
Toys“R”Us chairman and CEO Jerry Storch and Nordstrom Direct president Jamie Nordstrom are among the featured speakers at the Shop.org annual summit.
Yankee Candle Company president and CEO Harlan Kent is the newest member of the specialty apparel retailer Rue21’s board of directors.
Apparel retailer Avenue Stores announced it has begun the process to close 96 stores over the next three months.
Neiman Marcus is rebranding its contemporary departments within each of the 42 Neiman Marcus stores as Cusp shop-in-shops.
Consumer confidence in May rose to the highest level since October 2007, according to the Thomson Reuters/University of Michigan final index of consumer sentiment.
Neiman Marcus reported total revenues of $1.06 billion for the third quarter compared with $983.8 million in the prior year.
Talbots said Friday that Sycamore Partners had walked away from negotiations over a proposed $215 million buyout of the retailer.
Ann Inc. announced that it will open two stores in Toronto, in fall 2012, marking the apparel retailer’s first foray outside the United States
Sears Canada announced that on May 25 it will unveil its new, refreshed store concept in four Ontario locations: Barrie, Belleville, Newmarket and at the Lime Ridge mall in Hamilton.