TOP HEADLINES

Lowe's expansion in Canada helped by Target's absence

Last week Lowe's reported its eighth consecutive quarter of double-digit same-store sales in Canada. The hardware chain's growth is due in large part to successfully implementing ideas from Canadian consumers, something that Target failed to do north of the United States.

 

Lou & Grey set for physical, online expansion

Lou & Grey, the casual sister brand to Loft and Ann Taylor, will expand through a rollout of freestanding stores and an e-commerce site.

Target's $19 million breach settlement with MasterCard falls through

The proposed $19 million settlement between Target and MasterCard over losses incurred from the 2013 data breach has fallen through. The deal did not gain enough support from credit card issuers.

Fresh Produce sells off weak assets

Fresh Produce announced the sale of its assets to Blue Stripe. Fresh Produce filed for Chapter 11 bankruptcy protection on April 4. Now, with the approval from the U.S. Court, Blue Stripe—which includes the original founders of Fresh Produce and a group of brand enthusiasts—officially assumed ownership.

Chutes & Ladders: Urban Outfitters CEO steps down; Chico's FAS CEO to retire

Urban Outfitters' CEO is stepping down, while the CEO of Chico's FAS plans to retire in 2016. Catch up on all the other comings and goings in the retail industry in this week's Chutes & Ladders.

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Twitter announced that Google's mobile search results will now include tweets, according to a report in sister publication  FierceCMO. When tapping on a Tweet in Google search, users will be taken directly to Twitter to view the tweet and "discover additional content."

FierceRetailIT

The proposed $19 million settlement between Target and MasterCard over losses incurred from the 2013 data breach has fallen through. The deal did not gain enough support from credit card issuers.