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Casual Male launches DestinationXL.com

BY Katherine Boccaccio

Canton, Mass. — Casual Male Retail Group said Wednesday that it has launched e-commerce site DestinationXL.com, created in tandem with e-commerce and digital marketing firm Acquity Group.

The new site includes a built-in size profiler – a customization tool that allows customers to enter and save their size specifications for either current or future shopping experiences.

"We’re truly excited about the innovative and personalized shopping experience that DestinationXL.com offers our customers," said David Levin, president and CEO, Casual Male Retail Group. "…We know that customer expectations are high and we know this site exceeds their demands with new innovations such as size profiling.”

Additional site features include customer product reviews, ship-to-store, customized product recommendations and an entrance point to sign up for the company’s rewards program.

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Walmart starts holiday shopping early with preview of Black Friday deals

BY Staff Writer

Bentonville, Ark. — Wal-Mart Stores said Wednesday it is offering an early previous of its Black Friday deals.

The retailer will begin previewing special deals on Wednesday, and will hold an early holiday sale beginning Nov. 5.

The Black Friday preview for specials in electronics, toys and apparel will be available to shoppers who sign up at Walmart.com or the store’s Facebook page, according to the company.

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Report: Announced U.S. job cuts rose 13% from year ago

BY Katherine Boccaccio

Chicago — A Wednesday report by Challenger, Gray & Christmas said that job cuts announced by U.S. employers increased in October from the same month last year.

According to the report, planned firings rose 13% to 42,759, from 37,986 in October 2010, boosted by job cuts by government agencies and financial companies.

“We have yet to see the full impact of mandated federal spending cuts,” John A. Challenger, CEO of Challenger, Gray & Christmas, said in a statement. “Meanwhile, the European debt crisis is wreaking havoc on Wall Street.”

Compared with September, which saw the most firings since April 2009, job-cut announcements decreased 63%.

Retail companies had 4,264 planned cuts in October.

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