Retail

Bringing Back the Bombay Brand

Bringing Back the Bombay Brand

By Andrea Lillo Going through some old Bombay Company catalogs recently, Wil Hollands saw that the furnishings styles sold during its retailing days would still be relevant today. “That is what I love about Bombay—the furniture can stand the test of time,” said Hollands, the chief merchant of Otto International, which handles the U.S. licensingMore »

Plugging In at CES

Plugging In at CES

The 2010 International CES, the world’s largest trade show for consumer technology, returns to Las Vegas this month with an eye toward lifestyle. As usual, thousands of items featuring cutting edge technology will fill the halls of the Las Vegas Convention Center. The 2010 International CES will feature more than 2,500 exhibitors and an expectedMore »

Plugging In at CES

Plugging In at CES

The 2010 International CES, the world’s largest trade show for consumer technology, returns to Las Vegas this month with an eye toward lifestyle. As usual, thousands of items featuring cutting edge technology will fill the halls of the Las Vegas Convention Center. The 2010 International CES will feature more than 2,500 exhibitors and an expectedMore »

Macy’s to Close Five Stores

Macy’s to Close Five Stores

CINCINNATI-Macy’s said it plans to close five stores as part of its effort to slim down on underperforming locations. The stores are located in Boise, Idaho; Waterford, Mich.; St. Ann, Mo.; Missoula, Mont., and Burlington, N.J. Terry Lundgren, Macy’s chairman, president and chief executive officer, said the decision to close stores often takes place dueMore »

Sharper Image Names Anthony to Lead Merchandising

Sharper Image Names Anthony to Lead Merchandising

FARMINGTON HILLS, Mich.–Camelot Venture Group, the license holders and operators of the Sharperimage.com e-commerce platform and catalog business has hired Mark Anthony as senior vice president and general merchandise manager. He will be responsible for developing, sourcing and merchandising products. Most recently, Anthony served as operational vice president/GMM at Brookstone where he oversaw all merchandisingMore »

Warren Shoulberg Video Blog: It’s a Walmart World

Warren Shoulberg Video Blog: It’s a Walmart World

BENTONVILLE, Ark.–Attention Walmart suppliers and competitors: You ain’t seen nothing yet. A new published report says the giant retailer is going to dramatically increase the amount of direct importing it does, going from less than 20 percent of all goods to as much as 80 percent over the next five years. Watch our new videoMore »

Sure Fit Acquired by Guardian Capital

Sure Fit Acquired by Guardian Capital

NEW YORK–Guardian Capital Partners, a Philadelphia-based private equity firm, has purchased Sure Fit from D.E. Shaw Group. Terms of the acquisition were not disclosed. According to a joint statement from Sure Fit and Guardian Capital, Wells Fargo Business Credit, Sure Fit’s senior lender, and Argosy Private Equity provided additional financing for the transaction. Hugh Rovit,More »

Christmas Week Sales Up 2.3 Percent

Christmas Week Sales Up 2.3 Percent

NEW YORK — The numbers starting to come in on the holiday shopping season continue to paint a stronger-than-expected picture. The International Council of Shopping Centers and Goldman Sachs Group said this morning that U.S. same store sales were up 2.3 percent for the week ended Dec. 26, which includes the build-up to the holidayMore »