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Sport Chek, West Edmonton Mall, Edmonton, Alberta

BY CSA STAFF
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Sport Chek has opened a flagship in the largest shopping mall in North America: West Edmonton Mall, Edmonton, Alberta (Canada). The sporting goods retailer has woven interactive technology and digital installations throughout the 80,000-sq.-ft. space, which is designed to offer a personalized shopping experience that connects consumers to the sports they are passionate about.

The experience starts just inside the entrance, which resembles a tunnel entrance into a hockey rink or football field. As customers enter, they trigger motion-activated video screens showing sports scenes.

Inside the store, hundreds of interactive screens allow customers and employees to source product information including in-stock sizes, colors and access vendor videos. Customers can also access interactive digital video walls that enhance and provide one of a kind sport and lifestyle experiences. All in all, the store features over 1,200 sq. ft. of digital projection.

Sport Chek is a division of Canadian Tires’ FGL Sports Limited, which operates over 400 stores throughout Canada under various banners.


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Ann Inc. anticipates higher sales for Q4 2013

BY CSA STAFF

Ann Inc., parent company of Ann Taylor and The Loft, expects net sales and same-store sales to increase for the fourth quarter and full year fiscal 2013, on a year-over-year basis.

For the full year, Ann Inc. issued guidance for total net sales of $2.49 billion, reflecting a total net sales increase of 5% and a same-store sales increase of 2%.

For the fourth quarter, total company net sales are now expected to be $623 million, reflecting a same-store sales increase of 3%. At the Ann Taylor brand, total same-store sales declined 1%, reflecting an increase of 1% at Ann Taylor, offset by a decline of 6% in the Ann Taylor Factory channel. At the Loft brand, total same-store sales increased 6%, reflecting an increase of 8% at Loft, partially offset by a decline of 4% in the Loft Outlet channel.

"We are pleased with the year’s results, despite the fact that the fourth quarter came in lower than anticipated,” said Kay Krill, president and CEO of Ann Inc. “The company’s sales, gross margin and EPS for fourth quarter 2013 will be higher than fourth quarter 2012. However, soft traffic and tepid consumer spending across the industry negatively impacted us, particularly in factory outlet centers and geographic regions that experienced extreme winter weather.”

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Coupons.com appoints new VP of investor relations

BY CSA STAFF

Coupons.com has appointed Lance M. Meyerowich as the company’s VP of investor relations. Meyerowich, who has two decades of experience on Wall Street, will report to CFO and chief operating officer Mir Aamir.

“Lance is extremely well known and respected in the financial community,” said Aamir. “I’m thrilled that he’s joining our growing team.”

Meyerowich spent 17 years at Goldman Sachs, where he most recently served as a managing director running an equity sales team in the securities division. Prior to Goldman Sachs, he was a senior financial analyst at Cowen & Company, and before that he worked as an auditor with Coopers & Lybrand.

He has a B.B.A. in accounting from the University of Wisconsin, Madison, and an M.B.A. from New York University’s Stern School of Business.

Coupons.com operates a leading digital promotion platform that connects brands and retailers with consumers, offering digital printable coupons, digital paperless coupons, coupon codes and other promotions. Founded in 1998, the company is based in Mountain View, Calif.

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