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Professor Lee Scott?
Could Lee Scott be heading off to Stanford? Scott will retire as CEO of the world’s largest retailer as of Feb. 1. While Scott will remain chairman of the executive committee of the board after...
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Wider aisles? Cleaner stores? Must be Wal-Mart’s Project Impact
Wal-Mart has a plan to keep shoppers coming into its discount stores once the economy improves and it is called ”Project Impact.” While the retailer lost customers during the boom years as shoppers...
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Check Out Line: Can a $298 laptop jump-start back-to-school?
Check out efforts to get serious back-to-school shopping underway. Wal-Mart announced plans to start selling on Sunday a Compaq Presario laptop for $298. Gary Severson, Wal-Mart U.S.’s senior vice...
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Check Out Line: When cost cuts aren’t enough
Check out the cost cutting formula failing at Sears. In the past few weeks a slew of retailers, ranging from Target to Macy’s to Dillard’s, have posted results that were better than Wall Street...
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How about some lipstick to go with that lawn mower?
Sears, the low-priced retailer known for its selection of Craftsman tools and kitchen appliances, is jumping on the beauty bandwagon. The retailer is debuting beauty departments — called Sears Beauty...
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Check Out Line: Coach profits from Poppy
Check out the boost Coach is getting from its new Poppy line. The leather goods retailer reported higher than expected quarterly profit and sales on Tuesday. Coach said its new Poppy line, which is...
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Consumers shrug in the face of lean inventory
Lean inventory may be the secret weapon that retailers are depending on to survive the holiday season with earnings intact. But consumers don’t exactly seem to be quaking in their boots at the...
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Check Out Line: A Black Friday extravaganza!
Today’s a serious shopping day for serious shoppers. Black Friday is no longer a sport for the leisurely shopper. From our late-night rounds, it became clear that people were lining up all over in the...
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Target wants shoppers to squeeze the (supersized) Charmin
Grab that shopping cart – you’re going to need it. To lure post holiday shoppers this year, Target has scrapped its typical plan of stocking its stores with exotic home goods sourced from across this...
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Check Out Line: SYMS is nation’s hottest retailer
Check Out STORES Magazine’s 2010 Hot 100 Retailers list. The top spot goes to off-price retailer SYMS, based in Secaucus, New Jersey. The chain, known for the slogan “An educated consumer is our best...
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