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Recent Articles

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JCPenney's annual net sales fall 9% year-over-year to US$6.9B, with Home, Services & Other sales down 8.8% to US$1.2B; CEO of co-owner Simon Property Group says company is 'pleased' with JCPenney because stores are profitable, suggests opening new stores

Bright Girl by Angela Casey, MD, a dermatologist-developed skin-care line for girls ages 8 and older, is now available on Macys.com; line consists of six products--a gel facial cleanser, toner, moisturizer, face mask and two mineral sunscreens

Kohl’s announces 200 locations that will receive Babies R Us store-in-stores; slated to start opening in August, stores will offer 'a curated assortment' of baby gear, furniture, accessories

Target makes first foray into wholesale distribution with Canadian department store Hudson's Bay, who will add Target's children's apparel brand, Cat & Jack, to its stores; move comes as Target seeks new revenue streams for its private-label products

Commentary: Escalating living costs, global economic uncertainties spur consumers to seek economical solutions that offer added benefit of convenience; discounters, e-commerce and online marketplaces to benefit, but department stores likely to lose share

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