Swedish fashion retailer Hennes & Mauritz AB confirmed that it will open a new chain in 2013 that will build on the 2007 launch of its upscale Collection of Style (COS).
In a move to tighten its footprint and reduce costs, Best Buy Co. said it will close 50 of its signature big-box stores and open 100 of its small mobile locations in the United States in fiscal 2013.
Grocery chain Food Lion, a subsidiary of Delhaize America, said that it has rolled out a previously announced new brand strategy to 268 stores in Virginia, West Virginia and North Carolina.
Charming Shoppes announced that Jeffrey H. Liss has been promoted to senior VP - general manager of Charming Direct, the company's direct-to-consumer business.