DSN Retailing Today articles from June 2004

DSN Retailing Today archives from June 2004

Linens 'n Things gains Moore from Kohl's loss.
June 21, 2004... CLIFTON, N.J. -- Linens 'n Things has hired Jack Moore as president and coo, capping off more than a year of executive recruitment designed to boost the marketing, merchandising and logistics--including overseas procurement--functions of the...

Kohl's exec deck keeps reshuffling.(Brief Article)
June 21, 2004... MENOMONEE FALLS, WISC. -- Many factors are contributing to the rapid turnover of Kohl's top merchants, the latest being Jack Moore, formerly evp, gmm of home and footwear for Kohl's. One is that executives may be assigning them blame for...

May buys Field's from Target.(May Department Stores Co.)(Marshall Field's)(Target Corp.)
June 21, 2004... MINNEAPOLIS AND ST. LOUIS -- Target Corp., has delivered at least in part on its intent to divest its ancillary divisions with the sale of Marshall Field's and several Mervyn's stores. After months--some would say years--of speculation,...

ShopKo delays Express launch; Pamida surprises.(ShopKo Stores Inc.)(Express Rx)(Brief Article)
June 21, 2004... ASHWAUBENON, WIS. -- Although its new pharmacy concept, Express Rx, was scheduled to open this coming fall, ShopKo Stores Inc. has delayed its plans and will not open the new format in 2004, according to company executives. When ShopKo...

Wal-Mart reminds shareholders figures and values are solid.(WMT Annual Shareholders' Meeting '04)
June 21, 2004... FAYETTEVILLE, ARK. -- Wal-Mart may never be able to blunt all the attacks from its critics, but a new round of employee relations initiatives taking effect this year are intended to provide opponents with less ammunition and make the retailer...

The Children's Place eyeing Disney stores.(Market Watch)(Children's Place Retail Stores Inc.)(Disney Store Inc.)(Brief Article)
June 21, 2004... SECAUCUS, N.J. -- The Children's Place has confirmed it is currently in discussions with The Walt Disney Co. to purchase its 325-unit Disney Store chain. A spokeswoman from The Children's Place told DSN Retailing Today that the retailer was...

Survey: China ventures paying dividends.(Market Watch)(Brief Article)
June 21, 2004... NEW YORK -- According to the results of new KPMG International survey of global firms either operating in or sourcing from China, 70% of companies surveyed said they are breaking even or making profits right now, and 93% of the companies...

JCPenney chief hints at successor.(Market Watch)(J.C. Penney Company Inc.)(Brief Article)
June 21, 2004... DALLAS -- Allen Questrom, chairman and ceo of JCPenney, briefly alluded to the end of his five-year contract in September 2005 during a recent annual meeting at headquarters. He even alluded to the potential for Vanessa Castagna, who...

BJ's names new evp of merchandising.(Market Watch)(B J's Wholesale Club Inc.)(Brief Article)
June 21, 2004... NATICK, MASS. -- BJ's Wholesale Club has named Karen Stout to the position of evp of merchandising, responsible for BJ's food and general merchandise strategy. Stout has a 25-year back-ground in the retail grocery business with extensive...

Musicland dances to own beat after Best Buy divestiture.(Musicland Group Inc.)(Best Buy Company Inc.)
June 21, 2004... MINNEAPOLIS -- It's been a year since Musicland Corp. separated from parent company Best Buy. Now, as a privately held company under new management, the chain is once again on solid footing and looking toward growth. In 2000, when Best...

Students mean business at SIFE competition.(Students in Free Enterprise )
June 21, 2004... KANSAS CITY, MO. -- The spirit of entrepreneurship was proudly displayed by more than 190 colleges that vied for top honors in the annual Students in Free Enterprise (SIFE) RadioShack USA National Championship held here last month and hosted...

Save-A-Lot expands combination format.
June 21, 2004... EARTH CITY, MO. -- Bill Moran, ceo of Save-A-Lot, believes he is presiding over the birth of a brand new retail channel where the combination of dollar store and extreme value/limited assortment grocery operations will provide consumers a...

Target summers in The Hamptons.(Target Corp.)(Brief Article)
June 21, 2004... BRIDGEHAMPTON, N.Y. -- Few vacation spots have the vast snob appeal of The Hamptons, making it the perfect location for Target's latest temporary retail installation. Located in Bridgehampton, N.Y., the discounter took over a local...

Depot to buy 24 Kmart stores.(Home Depot Inc.)(Kmart Corp.)(Brief Article)
June 21, 2004... TROY, MICH. -- Another small piece of Kmart's store base will soon be whittled off as a result of a deal in which The Home Depot plans to purchase up to 24 Kmart store locations. Although the exact number and location of stores have not...

Home Depot plans include Big Orange in Big Red.
June 21, 2004... DALLAS -- Boasting record financial performance in 2003, ceo Robert Nardelli of The Home Depot told shareholders at the company's annual meeting May 27 that the retailer's outlook is bright with significant growth opportunities ahead,...

Wal-Mart keeps eye on the prize.(Editorial)
June 21, 2004... The message delivered by Wal-Mart executives during its recent annual shareholders meeting may have been contrary to what many of its longtime associates have been accustomed to, but it certainly was timely and appropriate. The mantra...

99 Cents Only lowers 2Q guidance.(Financials)(Brief Article)
June 21, 2004... 99 Cents Only Stores cut its second quarter sales and earning guidance because of aggressive post-strike promotions from Southern California supermarkets, late merchandise deliveries, and higher litigation and workers' compensation expenses....

Albertsons declares quarterly dividend.(Financials)(Brief Article)
June 21, 2004... Food and drug retailer Albertsons has declared a regular quarterly cash dividend of 19 cents per share payable on Aug. 10 to stockholders of record at the close of business on July 14.

Top gainers: for the 2 weeks ended 6/9/04.(Financials)(Brief Article)(Illustration)
June 21, 2004... TOP GAINERS For the 2 weeks ended 6/9/04 Kmart Holding Corp. 28.84% Ultimate Electronics 13.35 99 Cents Only Stores 11.23 Fred's Inc. 9.98 Talbots Inc. 9.63 (): Decline

Top losers: for the 2 weeks ended 6/9/04.(Financials)(Brief Article)(Illustration)
June 21, 2004... TOP LOSERS For the 2 weeks ended 6/9/04 Smart & Final Inc. (9.27%) Pier 1 Imports (6.97) Goodys Family Clothing (5.64) Rite Aid Corp. (5.31) Dress Barn Inc. (4.63) (): Decline

Major indices.(Financials)(Brief Article)(Illustration)
June 21, 2004... MAJOR INDICES Close Close Net % 5/26/04 6/9/04 Change Change S&P 500 (GSPC) 1114.94 1114.76 (0.18) (0.02%) Dow Jones Industrial Average (DJI) 10109.89 ...

Insider trades.(Financials)(Brief Article)
June 21, 2004... STOCKS BOUGHT Home Depot: Claudio Gonzalez, director, bought 15,000 shares on May 27 at $35.68, now owns 51,322 shares. CVS: Stanley Goldstein, director, bought 50,000 shares on June 4 at $16.18, now owns 304,539 shares. STOCKS...

Big Lots DC opens S.W. opportunities.
June 21, 2004... DURANT, OKLA. -- The grand opening earlier this month of a new distribution center for Big Lots, the nation's largest closeout retailer, translates into much more than efficiently servicing stores in southern and central states. For this...

LIMA forsees huge 2nd half for entertainment properties.(Licensing Industry Merchandisers Association)
June 21, 2004... NEW YORK -- Retailers can expect sales of toys, clothes and other licensed merchandise to pick in the third and fourth quarters on the strength of new brands and familiar franchises driven by new hit movies. That was the buzz at the...

Low-carb, ethnic flavors top trends at All-Candy.(Financials)(All-Candy Expo )
June 21, 2004... CHICAGO -- Whether the target is children seeking the "wow" factor in a new candy, the distinct tastes of ethnic groups or adults turning to healthier snacking options, the newest products in confectionary are poised to deliver to varied...

Campaign trail 2004.(Online Poll)(Brief Article)(Illustration)
June 21, 2004... The high price of gas is no laughing matter. But who (or what) really is to blame for inflation at the pump? For real-time results or to participate in our monthly online poll, visit dsnretailingtoday.com READER RESPONSES Based on...

Consumer behavior is the latest blur.(Editorial)(Editorial)
June 21, 2004... Every time you see the phrase, "Dollar Days Are Here!", don't you think to yourself, "Not again?" Hasn't every marketer in the world tried out that campaign? You'd think that after nearly 50 years of being bombarded with advertising that...

Kmart bubble and the Wal-Mart struggle.(From The Field)
June 21, 2004... Every year at the end of Wal-Mart's annual meeting, senior executives of the company gather on the floor of the arena where the meeting is held and field all manner of questions from shareholders. It truly is a display of executive...

Is retailing ready for President Nader?(Guest Column)
June 21, 2004... I suspect that many Americans--including many in the retail community--are unsure about the nation's present course, but unconvinced that John Kerry would put us on the right track. There is, however, a third choice... and maybe it's...

The benefits of crossing channels: a veteran vendor's point of view.(Guest Column)
June 21, 2004... If you're a vendor still selling into retail from a limited-channel perspective, you're missing out on the many opportunities--and lessons--that can be gained from breaking out of the mold. This is, after all, the age of channel blurring....

Wal-Mart.(Retailer News)(Brief Article)
June 21, 2004... Wal-Mart is already taking pre-orders online for the hit "The Passion of the Christ"--three months before the film is due to arrive on DVD. The controversial film that raked in $380 million at the box office will be released Aug. 30 by 20th...

Hastings Entertainment.(Retailer News)(Brief Article)
June 21, 2004... Hastings Entertainment posted a 1Q profit of $1.8 million for its quarter ended April 30 with video sales leading the way. The 150-store chain of superstores based in Amarillo, Texas, reported an 8% increase in same-store video sales. The...

DIC entertainment and General Mills are teaming up to give away millions of free DVDs in cereal boxes this summer.(Vendor News)(Brief Article)
June 21, 2004... DIC entertainment and General Mills are teaming up to give away millions of free DVDs in cereal boxes this summer. The campaign will place a free DVD in 10 million specially marked boxes of General Mills' cereal. The titles will include...

An industry group backed by Toshiba says it could have a high-definition DVD format on the market in early 2005 if it can find studios to provide it with content.(Industry News)(Brief Article)
June 21, 2004... An industry group backed by Toshiba says it could have a high-definition DVD format on the market in early 2005 if it can find studios to provide it with content. That would give it a six-month jump on rival Blu-ray Disc Group, which is...

DVDs on-the-go.(what's hot)(DVD Station )(Brief Article)
June 21, 2004... McDonald's isn't the only alternative place to rent videos. San-Francisco-based DVD Station is operating small DVD rental and retail stores in places like Sony's Metreon Entertainment Center in San Francisco and New York City's Grand...

Studios unearth horror classics.(ce & entertainment)
June 21, 2004... The horror genre has made a comeback of sorts the past few years and some recent hits--along with a large slate of old classics--will arrive in stores this fall in time for Halloween, which has emerged as one of the top holidays for video...

E3 gives new consoles play time.(ce & entertainment)(Electronic Entertainment Expo )(Brief Article)
June 21, 2004... E3, the Electronic Entertainment Expo drew another record crowd to Los Angeles May 12 to 14, where game makers confirmed the launch of two new portable consoles for 2005. The Los Angeles Convention Center was a mob scene as more than...

DVD promo.(ce & entertainment)(Illustration)
June 21, 2004... DVD PROMO THE TEN MOST-HEAVILY PROMOTED (*) SELL-THROUGH VIDEO TITLES AT MASS ([dagger]) FOR THE PERIOD OF 5/1 THROUGH 5/31/2004 TITLE/STUDIO NO. OF ADS THE LORD OF THE RINGS: THE RETURN OF THE KING...

Select Comfort.(Retailer News)(Brief Article)
June 21, 2004... Select Comfort has announced an exclusive agreement to provide custom-designed Sleep Number beds for all Radisson hotels and resorts in the U.S., Canada and the Caribbean. The Radisson had tested Sleep Number beds at select Radisson...

The Bombay Company is partnering with Amazon.com to manage its Internet sales sites.(Retailer News)(Brief Article)
June 21, 2004... The Bombay Company is partnering with Amazon.com to manage its Internet sales sites. Bombay sold about $17 million in merchandise online in 2003 and said it wants to expand direct sales as a share of total revenue and boost the capacity of...

Wellness and home: a homeopathic fit.(home goods & housewares)
June 21, 2004... Will wellness become a new category in home goods as it has in other retail departments? Products that fall within the overarching designation still are scattered in most stores, but things keep changing as retailers and vendors try to figure...

HomeCare Labs.(Vendor News)(Brief Article)
June 21, 2004... HomeCare Labs has added several new products to its cleaning lineup, including line extensions such as Greased Lighting Super Strength Cleaning Wipes, which are designed to conveniently clean up tough, ground-in dirt. Other new products...

Sears.(Executive News)(Brief Article)
June 21, 2004... Sears has named Steve Ryman vp and gmm of home fashions supervising the strategy, product positioning, merchandising and buying for national and proprietary brands in home fashions, the retailer said. Ryman has held senior leadership roles at...

Deloitte Research's Leading Index of Consumer Spending.(Industry News)(Brief Article)
June 21, 2004... The pace of consumer spending has more than doubled in the past year, rising from 2% to more than 4%, according to Deloitte Research's Leading index of Consumer Spending. Surging home values will fuel consumer spending for the next several...

Alright overnight.(what's hot)(bedding trends)(Brief Article)
June 21, 2004... Combining two trends in one product can pay off. The trend for better sleep systems has been strong, with the success of Select Comfort and the growth of non-spring mattresses as prime examples. The trend toward developing temporary bedding...

Folksy takes a back seat to subdued stylings.(home goods & housewares)
June 21, 2004... Candles are becoming sophisticated. Although flashy colors and brazen aromas are still important in some programs, and particularly in seasonal assortments, retailers have been toning down both hue and scent to something less giddy and more...

Nordstrom.(Retailer News)(Brief Article)
June 21, 2004... Nordstrom recently announced that it will open its first store in the Boston area. The company stated that it has been seeking a site in the region for more than 20 years, and finally found one in the Natick Mall, in the Boston suburb of...

Sesame Street Workshop and Nicole Miller have teamed up to produce a new line of newborn, infant and toddler apparel.(Vendor News)(Brief Article)
June 21, 2004... Sesame Street Workshop and Nicole Miller have teamed up to produce a new line of newborn, infant and toddler apparel. "Sesame Street by Nicole Miller" will feature bestselling characters and a proprietary stripe incorporating the designer's...

Levi's Signature making its mark in mass.(apparel & accessories)
June 21, 2004... As Levi Strauss Co. prepares to sell its Dockers division to pay down debt, its remaining core brands will become more critical to its bottom line than ever--especially Levi Strauss Signature. Under the direction of a turnaround...

Signature accents complement Levi khakis, denim.(apparel & accessories)(Tandy Brands' marketing plans)(Brief Article)
June 21, 2004... In keeping with the plan to grow Levi Strauss Signature into a full-blown lifestyle brand, Tandy Brands will produce a range of men's and boys' accessories, launching this fall. This manufacturer already brings more than 50% of its $240...

KB Toys last month sold the assets from its Internet retail business, formerly eToys.com, to Toy Acquisition Corp.(Retailer News)(Brief Article)
June 21, 2004... KB Toys last month sold the assets from its Internet retail business, formerly eToys.com, to Toy Acquisition Corp. The company did not disclose terms of the deal. KB said the sale was part of its effort to focus on core retail stores.

The Toy Industry Association has rescheduled the 2005 International Toy Fair to Feb. 20 to 23.(Industry News)(Brief Article)
June 21, 2004... The Toy Industry Association has rescheduled the 2005 International Toy Fair to Feb. 20 to 23. The show was originally planned for Feb. 13 to 16 but was moved to prevent a conflict with the Nuremberg Toy Fair in Germany.

Whoopee cushions.(what's hot)(latest of retro toys)(Brief Article)
June 21, 2004... One of the oldest gag gifts in the world is making a comeback. Whoopee cushions are the latest of retro toys to reemerge on shelves and in the hands of pranksters, young and old alike. The new version of air-filled rubber bladders, which...

Videos to support new Barbie, Bratz lines.(hardlines)
June 21, 2004... The battle for market supremacy between Barbie and Bratz will escalate later this summer when both Mattel and MGA Entertainment release new product lines and movies based on their bestselling dolls. MGA is teaming up with 20th Century Fox...

Outdoor Toy Show gets off to promising start.(hardlines)(International Outdoor Toy Show )(Brief Article)
June 21, 2004... The first annual International Outdoor Toy Show drew more than 50 exhibitors and dozens of major retailers to Phoenix May 4 to 5 and is expected to become a fixture on the Toy Industry Association's (TIA) growing list of smaller toy shows....

Shareholder proposals for reform keep coming.(WMT Annual Shareholders' Meeting '04)(Wal-Mart Stores)
June 21, 2004... A shareholder proposal that would have removed Rob Walton from his position as Wal-Mart chairman as well as five other proposals were rejected by shareholders at Wal-Mart's annual meeting. "I've still got my job. Thank you," Walton said...

Division heads let numbers do the talking: much of the time usually spent talking about division performance was concentrated instead on associates, jobs and the Wal-Mart culture.(WMT Annual Shareholders' Meeting '04)(Wal-Mart Stores)
June 21, 2004... Wal-Mart sought to counter negative publicity the company has received the past 18 months by highlighting the ways in which Wal-Mart is a good company and acknowledging areas where it plans to improve. Throughout the meeting, as...

When not talking financials, fanfare abounds: this year's shareholder rally had major pop culture appeal, with celebrities from the hit TV show "American Idol" and Oscar-winning actress Halle Berry, as well as a whole lot of powerful female voices.(WMT Annual Shareholders' Meeting '04)(Wal-Mart Stores)
June 21, 2004... Wal-Mart's annual shareholders' meeting is unlike any other in that it drops in a heavy dose of celebration into its official company business and shareholder proposals. And this year, roughly 4,500 Wal-Mart employees from all over the...

Fire awards: finest in retailing.(awards)(Brief Article)
June 21, 2004... Merchandising excellence can't always be measured by sales performance. The most admirable merchants are the ones that consistently demonstrate ingenuity, creativity and the courage to think outside the box. In that vein, the following 10...

Kmart's Lampert: back to basics.(Kmart Corp.)
June 7, 2004... TROY, MICH. -- Gone are the days of high-flying spending on store remodels and technology, obsession with growing topline sales and merchandise buying driven by suppliers as Kmart repositions its business to stay profitable and satisfy...

New WB deal opens door to highly coveted demo.(WB Television Network)(Kmart Corp.)
June 7, 2004... TROY, MICH. -- In an integrated marketing partnership that Kmart chairman and ceo Julian Day terms "the first of its kind," the retailer is co-branding its back-to-school assortments with The WB Television Network. This is the most extensive...

New Toys 'R' Us club promotes year-round shopping.(Brief Article)
June 7, 2004... WAYNE, N.J. -- Toys "R" Us has launched a new initiative to make the retailer a destination for party supplies. The program, called Geoffrey's Birthday Club, is designed to encourage repeat visits and increase baskets. As part of the...

Wal-Mart appoints new senior vp.(Market Watch)(Brief Article)
June 7, 2004... BENTONVILLE, ARK. -- Wal-Mart announced the appointment of Karen Stuckey as senior vp of product development for Wal-Mart Stores, effective July 12. Stuckey formerly served as a group president for the Sara Lee Corporation. Stuckey will...

McDonald's offers DVDS to go.(Market Watch)(Brief Article)
June 7, 2004... OAK BROOK, ILL. -- McDonald's has launched plans to install DVD rental machines, on a test basis, in more than 100 Denver-area outlets in the next month. The kiosks will feature 30 to 40 DVD titles, which will rent for $1 per night, without...

Wal-Mart's ASDA to take George global.(Market Watch)(Brief Article)
June 7, 2004... LONDON -- Asda announced plans to establish a new clothing organization to help George become the first truly global, mass-market apparel brand. The new brand, dubbed George Global, will be headed by general merchandise trading director Andy...

CE starts showing up in the oddest places.(Market Watch)(Brief Article)
June 7, 2004... NEW YORK -- At first glance, it looks like a page from a Sharper Image catalog. Or is it Best Buy: Or maybe Target? The answer: None of the above. It's a page from the new Home Depot quarterly maga-log, with the headline "High-tech home."...

Gart tries on sporty new look at TSA.
June 7, 2004... KING OF PRUSSIA, PA. -- The best thing about The Sports Authority's newest store that opened outside of Philadelphia last month is that it does not look like a Sports Authority store. Gone is the white tile floor, blue ceiling, tall...

campaign Trail 2004.(Brief Article)(Illustration)
June 7, 2004... If there was one thing you could have the next president change to improve the retail economy, what would it be? READER RESPONSES Based on responses collected from May 6, 2004 to May 26, 2004. 8.93% Lift all tariffs on...

Best Buy CEO shares wealth.(Financials)(Brief Article)
June 7, 2004... Best Buy vice chairman and ceo Brad Anderson turned down 200,000 stock options due him, instead opting to distribute the options among non-executive employees, according to a filing with SEC. The options carry a potential value of...

Sears chief faces tough crowd at meeting.(Financials)(Brief Article)
June 7, 2004... Sears chairman and ceo Alan Lacy was confronted by some disgruntled attendees at the company's annual shareholder meeting last month. Total revenues for the fiscal year ended Jan. 3, 2004 were $41,124 billion, down from $41,366 billion the...

Top gainers: for 2 weeks ended 5/26/04.(Financials)(Illustration)
June 7, 2004... TOP GAINERS For 2 weeks ended 5/26/04 Charming Shoppes 22.75% Bon-Ton Stores 19.36 Kmart Holding Corp. 18.53 Hibbett Sporting Goods 16.06 PetsMart Inc. 15.95 (): Decline

Top losers: for 2 weeks ended 5/26/04.(Financials)(Brief Article)(Illustration)
June 7, 2004... TOP LOSERS For 2 weeks ended 5/26/04 Casual Male Retail Grp. (12.60%) Gottschalks Inc. (8.27) Rex Stores (6.84) Ross Stores (5.80) Winn-Dixie Stores (2.58) ():...

Major indices.(Financials)(Illustration)
June 7, 2004... MAJOR INDICES Close Close Net % 5/12/04 5/26/04 Change Change S&P 500 (GSPC) 1097.28 1114.94 17.66 1.61% Dow Jones Industrial Average (DJI) 10045.16...

Insider trades.(Financials)(Brief Article)
June 7, 2004... STOCKS BOUGHT Pep Boys: Peter Bassi, director, bought 2,000 shares on May. 24 at $24.20, now owns 5,000 shares. Big Lots: Ned Mansour, director, bought 2,000 shares on May 25 at $13.99, now owns 8,000 shares. STOCKS SOLD ...

Vegas hardware show plays roulette and wins.(National Hardware Show )(Brief Article)
June 7, 2004... LAS VEGAS -- In the war between dueling hardware shows this year, the event sponsored by Reed Exhibitions last month appears to have won hands down, based on overwhelmingly positive feedback and the participation of 2,303 exhibitors. The...

Xanadu will revolutionize retailtainment.(Opinion)(real estate)
June 7, 2004... What began as much ballyhooed proposal about two years ago that was designed to revolutionize the retail and entertainment experience may finally become a reality for Mills Corp. as it gets ready to break ground next month--barring any...

Staples launches Expo too small-business market.
June 7, 2004... PHILADELPHIA -- Staples has taken its familiar brand promise of making things easy for small businesses to another level by extending a retail strategy known as Business Expo to five Philadelphia area stores. The Expo initiative is an...

Kohl's classes it up with Chaps men's wear.
June 7, 2004... MENOMONEE FALLS, WIS. -- In another move to assort prestige labels, Kohl's has announced it will carry Ralph Lauren's Chaps brand in men's as of 2005. Licensed to Warnaco, Chaps adds designer cachet to Kohl's offering, joining similar...

Target annual meeting looks back to the future.
June 7, 2004... MINNEAPOLIS -- Target chairman and ceo Bob Ulrich took shareholders through a 10-year review during the company's annual shareholder meeting May 19, touching on the retailer's strong performance in the past decade while reinforcing the...

Casual Male expands into Canada.(Market Watch)(Brief Article)
June 7, 2004... CANTON, MASS. -- Casual Male Big & Tall has partnered with Sears Canada to expand internationally for the first time. Under this arrangement, Casual Male Big & Tall shops will be opened in 12 of Sears Canada's full-line stores in fall 2004....

Toysrus.com sues Amazon.com.(Market Watch)(Brief Article)
June 7, 2004... WAYNE, N.J. -- Toysrus.com has sued retail partner Amazon.com claiming Amazon has not honored its deal to sell toys, games and baby products exclusively for toysrus.com. The company is seeking to recoup millions of dollars in exclusive fees...

Brown the new black? It was for a day.(Market Watch)(UPS- The Fashion Institute of Technology)(Brief Article)
June 7, 2004... NEW YORK -- UPS played up its longtime association with the apparel industry with a playful fashion show at The Fashion Institute of Technology. Students from around the globe competed to produce chic new takes on its famous uniform....

JCPenney fetes third straight year of gains.(Market Watch)(Brief Article)
June 7, 2004... PLANO, TEXAS -- JCPenney reported its third consecutive year of gains in department store comps and operating profit, which ceo Allen Questrom attributed to better marketing and execution, more trend-right assortments and a conversion to...

RadioShack aims to be quicker to market.(Market Watch)(Brief Article)
June 7, 2004... FORT WORTH, TEXAS -- Bringing new technologies to market quicker will be one of RadioShack's primary goals this year in a strategy to grow profit margins and increase customer traffic. Ceo ten Roberts told shareholders at the company's annual...