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Linens ‘n Things Exploring Options

BY CSA STAFF

New York City, Linens and Things Inc. has hired Credit Suisse First Boston to explore strategic options, including a possible sale, the Financial Times reported on Wednesday. The retailer has been struggling to fend off strong competition from discounters, including Target Corp. and Wal-Mart stores, both of which have expanded their home goods in recent years.

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SmartBargains Names New CEO and President

BY CSA STAFF

Boston, Off-price e-retailer SmartBargains named Benjamin Fischman as president and CEO. Fischman previously headed the company’s marketing and sales efforts. Prior to joining SmartBargains, he founded Lids Inc., a specialty hatwear retailer.

SmartBargains also announced that it has received a commitment for $18 million in equity funding from its investors, including Highland Capital Partners, Maveron, General Catalyst, Gordon Bros. and Time Warner.

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SmartBargains Names New CEO and President

BY CSA STAFF

Boston, Off-price e-retailer SmartBargains named Benjamin Fischman as president and CEO. Fischman previously headed the company’s marketing and sales efforts. Prior to joining SmartBargains, he founded Lids Inc., a specialty hatwear retailer.

SmartBargains also announced that it has received a commitment for $18 million in equity funding from its investors, including Highland Capital Partners, Maveron, General Catalyst, Gordon Bros. and Time Warner.

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Are you hiring seasonal employees this year?

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