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Retail

Tesco Replaces Terry Green with Richard Jones

March 12, 2010

Terry Green is stepping down as Tesco's head of clothing to be replaced by Richard Jones, a one–time Sainsbury executive and a man who says he has retail in his blood.

H&M Plans 240 New Stores This Year

March 12, 2010

Karl–Johan Persson, H&M's chief executive officer, has said the company plans to open 240 new stores this year and that the economy will be "a little better" than in 2009. Persson was in Tel Aviv, where H&M's first store is just opening.

Madonna, Iconix Team for First Macy's DTR Deal

March 11, 2010

A Material Girl–themed juniors' fashion line will launch exclusively at Macy's in August through MG Icon, a new joint venture between Iconix Brand Group and Madonna.

Shaun White Shoes to Hit Target This Fall

March 10, 2010

An exclusive line of Shaun White–branded footwear will be available at Target stores nationwide this fall. The snowboarding star already has a clothing line at the retailer.

Boy Scouts Test Apparel at Target, More

March 9, 2010

Seven new licensees have recently joined the Boy Scouts of America's merchandise program, including Hybrid Apparel.

Marvel, Reebok to Launch Kids' Footwear at Finish Line

March 8, 2010

A line of Reebok children's sneakers, featuring Marvel Entertainment's Spider–Man, will hit Finish Line stores nationwide this spring.

U.S. February Retail Sales Up by 4.1 Percent

March 5, 2010

Same–store sales, excluding Walmart, saw a 4.1 percent gain in February, topping January's 3.3 percent increase, according to Retail Forward's monthly report for 30 retailers.

RWC 2010: New Consumer Will Define Retail of the Future

March 5, 2010

The consumer has changed. The economy is over the worst, but still faltering. It is a given that customers want multi–channel shopping. These were some of the main messages running through the Retail Week Conference 2010 in London, which ended last night.

Kohl's to Add Nine New Stores, 1,500 Jobs

March 4, 2010

This spring, Kohl's plans to open nine new stores in five states, creating more than 1,500 jobs. The retailer expects to open a total of approximately 30 stores by the end of the year.

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