First TargetExpress opens in Minnesota

TargetExpress opened its doors today in Dinkytown, Minnesota, unveiling the retailer's first test of a smaller, urban store.

Office Depot announces CVS exec as president, North America

Mark Crosby, former president of pharmacy at CVS, has been named president, North America, of Office Depot, Inc.

Lord & Taylor to launch two new concept shops

Lord & Taylor will launch two new concept shops this fall at its Fifth Avenue flagship location. The shops, Birdcage and Brand Assembly, will showcase emerging talent on the second floor of the store--just off the escalator--in their own unique micro sites.

Express CEO Michael Weiss to retire in 2015

Express CEO Michael Weiss, who has been with the company since 1980 when it was a small eight-store operation, has announced that he will retire as CEO on January 30, 2015 when the company's fiscal year ends.

Crocs exiting 75 to 100 stores

Clog-maker Crocs announced it would attempt to sell or convert 75 to 100 stores and lay off about 180 of its 5,000 employees as it suffers from overexpansion.


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Unsurprisingly, Facebook continues to kill it. The company announced $2.91 billion in revenue for the second quarter, up 61 percent compared with the year-earlier period.


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