WinCo Foods deploys aisle411 retail navigation platform
St. Louis — Mobile retail and navigation service aisle411 announced that WinCo Foods has deployed the aisle411 platform in its 79 stores.
With the aisle411 App, users can instantly locate products in stores down to the specific section of the aisle, manage shopping lists, share experiences with friends via social media integration, and find mobile coupons.
WinCo operates more than 79 stores and four distribution centers in the states of Washington, Idaho, Nevada, California, Oregon and Utah.
Restoration Hardware files plans for IPO
Corte Madera, Calif. — Restoration Hardware Holdings filed plans to return to the public stock market. In a filing with the Securities and Exchange Commission, the company said it intends to offer up to $150 million in common shares to repay debt and for general corporate purposes.
Restoration Hardware had been a publicly traded company for about 10 years beginning in 1998. In June 2008, it was acquired by private-equity firm Catterton Partners in a $179 million buyout. Currently, Restoration Hardware operates 87 full-priced stores and 10 outlets throughout the United States and Canada.
The number of shares of common stock to be sold in, and the price range for, the proposed offering have not yet been determined.
Jones Group sees opportunity for Nine West licensing
NEW YORK— The Jones Group announced that Marchon Eyewear will be exclusive provider of ophthalmic eyewear frames and prescription-ready sunglasses for distribution under the Nine West brand.
Under the agreement, the Nine West ophthalmic eyewear collection will be marketed and sold globally in upscale optical chains and optical specialty retailers and by individual eye care professionals beginning in early January 2012, The Jones Group reported.
Richard Dickson, The Jones Group president and CEO of branded businesses, stated: "We are pleased to enter into this agreement with Marchon for Nine West optical eyewear. Nine West’s origins as a premier global fashion brand allow us to extend it into relevant categories, particularly accessories such as eyewear; a perfect fit for Nine West. We believe this collaboration with Marchon will further enhance Nine West’s powerful brand message in the global optical arena."