FINANCE

Alliance Data acquires Barneys private label credit card portfolio

BY Staff Writer

Dallas — Alliance Data Systems Corp. announced its retail services business has signed a long-term agreement to provide private label credit card services for Barneys New York.

Alliance Data will provide a full suite of credit and marketing services for the Barneys credit card, including management of its existing loyalty program. Designed to offer meaningful benefits to the elite Barneys card member. Alliance Data will also leverage its advanced analytics capabilities to further support one-to-one relevance and value to esteemed card members, as well as development of strategies related to the Barneys credit card across all of Barneys retail channels.

"Alliance Data’s retail heritage, exceptional customer care practices, and proven credit and marketing tools were key factors in our decision to partner with them," said Daniella Vitale, COO of Barneys New York. "Through this credit card program, we look forward to further enhancing brand affinity and driving long-term loyalty among our valued customers. In addition, the proceeds from this transaction were used to further reduce our debt, allowing us to invest capital in strategic growth areas for the company which is consistent with the vision of our new owners."

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FINANCE

Tuesday Morning Q3 same-store sales up 2.8%

BY Staff Writer

Dallas — Tuesday Morning Corp. said total sales for the third quarter ended March 31 increased 3.1% to $178.1 million, from $172.7 million in the year-ago period.

Same-store sales rose 2.8%, boosted by increases in average transaction value and customer traffic.

For the nine-month period ended March 31, revenue at stores open at least a year increased 3.7% and total sales rose 3.2% to $636.2 million, from $616.4 million.

The company plans to release its full third-quarter results on April 25.

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OPERATIONS

Men’s Wearhouse launches new mobile site

BY Marianne Wilson

Fremont, Calif. — Men’s Wearhouse has launched a new mobile website that allows shoppers to interact with the brand while on the go. Users can browse Men’s Wearhouse’s full list of in-store offerings, locate their nearest store and design the perfect tuxedo for any occasion with the Build-A-Tux feature, which allows users to choose from 96 different vest and bowtie colors and customize their tux with the aid of pre-styled looks that are easily saved for later or shared with friends and family.

“Extending our in-store experience to the online space has been a focus area for our company,” said Doug Ewert, Men’s Wearhouse president and CEO. “Our optimized mobile site allows us to connect to our customers in a more robust way, extending our promise of quality and world-class customer service well beyond the store.”

In addition to the Build-A-Tux feature, the mobile website also includes:

  • Filtering options to help customers search for products based on features relevant to them;
  • An advanced filter that allows users to view and edit currently selected features;
  • A view toggle allowing users to switch between grid view and list view, minimizing scrolling;
  • A toggle between “Regular” and “Big & Tall” sizes for easy fit navigation; and
  • A location-based store finder, allowing users to find retail locations, tuxedo rental stores, and outlets.
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A.Jhon says:
Apr-13-2013 05:33 pm

Activities Of Mankind In All
Activities Of Mankind In All Over The World Is Going Advance And Moving On Mobile Phones. So, With The Need Of Time The Business Is Going To Transfer On Mobiles. The Launching Of Websites Is Also Due To Importance And Usage OF Mobile Phones.iphone Spy software Is A Big Assistance That Can Control Your Mobiles And Make The Mobile Apps User Friendly.

A.Jhon says:
Apr-13-2013 05:33 pm

Activities Of Mankind In All Over The World Is Going Advance And Moving On Mobile Phones. So, With The Need Of Time The Business Is Going To Transfer On Mobiles. The Launching Of Websites Is Also Due To Importance And Usage OF Mobile Phones.iphone Spy software Is A Big Assistance That Can Control Your Mobiles And Make The Mobile Apps User Friendly.

steveustone says:
Apr-12-2013 02:46 pm

Mobile Phones Are
Mobile Phones Are Facilitating People In Many Fields Of Life.The Web Based Business Is Also Supported By Mobile Phones And Will Be Run On Mobile Media. You Can Control All Business Activities On Mobiles. The Launching Of This Mobile Based Websites May Promote This Business Well. http://www.bit-cart.com/shopping-cart-hosted.html

N.Stephan says:
Apr-09-2013 06:57 pm

interesting
Men’s Wearhouse is always finding the niche in niche marketing! This is a great idea and many companies are looking to move into this direction, when you find people using an app for fun as well as for shopping, the conversions are much higher then others. The "Build-A-Tux feature should be a hit, with the filtering options and location finder. I wonder if they are going to have an order option that will order and send the info directly to the store your searching for, so they get your order, and location, just need to pay. they might be able to add one of these features in a miami location soon! What other features would you want to see in this new app?

N.Stephan says:
Apr-09-2013 06:57 pm

Men’s Wearhouse is always finding the niche in niche marketing! This is a great idea and many companies are looking to move into this direction, when you find people using an app for fun as well as for shopping, the conversions are much higher then others. The "Build-A-Tux feature should be a hit, with the filtering options and location finder. I wonder if they are going to have an order option that will order and send the info directly to the store your searching for, so they get your order, and location, just need to pay. they might be able to add one of these features in a miami location soon! What other features would you want to see in this new app?

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