Meyer Corp. Readying College Tailgating Products

Meyer Corp. will launch its College Collection of chili bowls, stock pots, skillets, frying pans and serving bowls this fall in a bid to attract a younger customer to its products. The line of 8-10 SKUs, priced $15 (spatula) to $50 (stock pot), will initially target the University of Alabama, Louisiana State University (LSU) and Texas A&M, chosen because they

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Cleva International To Broaden Distribution of Kenmore Vacuums

Cleva International will broaden sales of Kenmore vacuums to retailers outside Sears Holdings for the first time, says Cleva’s Dale Belknap. It will launch 11 vacuum models of stick, upright, canister and handheld vacuums in March priced $250-$400, adding new styles and colors to a line it previously produced for Sears under contract. It’s had the license since 2017. With

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GameStop Holiday Sales Decline

GameStop’s holiday sales fell 5% to $2.63 billion in the nine-week period ended Jan. 5, driven largely by decreases in videogame hardware and software. Same-store sales increased 1.5% due partly to the timing of the release of a Activision Blizzard Entertainment’s new “Call of Duty” title, which occurred in October this year versus November in 2017, the company said. Sales

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Bed, Bath and Beyond Readies Private Label Expansion

Bed Bath & Beyond will launch six private label brands across home goods through 2020, in some cases displacing branded product in a bid to increase profit and differentiate itself from competitors, CEO Steve Temares said as the company reported a 60% drop in net income on a 2.6% increase in revenue for its Q3 ended Dec. 1. Same-store sales

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ESL Bids $5.3 Billion for Sears, Shopko Files for Bankruptcy

As one retailer appears poised to emerge from bankruptcy protection, another is entering it. Sears Holdings’ Chairman Eddie Lampert’s ESL Investments prevailed in a bankruptcy auction early this morning after raising its bid for the company to $5.3 billion. ESL’s bid, which still must be approved by U.S. Bankruptcy Court Judge Robert Drainat hearing on Feb.1, would leave Sears Holdings

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Foot Locker Expanding Non-Footwear Products, Augmented Reality Apps

Foot Locker’s test of Pop By Foot Locker and Power Store formats, along with its plans for augmented reality (AR) apps, are part of its larger effort to play to its customers’ non-footwear interests, VP Global Store Design Kambiz Hemati tells us. The chain opened Pop by Foot Locker sections last fall in two New York locations. It will open

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Executives

Richard Hollis, ex-DreamWorks and BBC, joins Rocket Licensing as Head of Retail, new post… Mike Robbins, EVP of Private Labels and Supply Chain at J.C. Penney Co., shifts to EVP and Head of Stores and Supply Chain… Carl Hauch resigns as VP of Stores at Barnes & Noble effective Friday … Riccardo Donato, ex-A&E Networks UK, named VP of Commercial

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MedMen Building Licensing Business for Cannabis

Cannabis retailer MedMen will build out a licensed brand business starting with the Woodstock label as it expands to 50 stores from 16 by year-end, Chief Marketing Officer David Dancer tells us. The company expects to have the Woodstock license finalized next week and have product by mid-year to coincide with the 50th anniversary of the iconic music festival, says

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Fanatics Near Agreement to Sell Through Online Marketplaces

Fanatics is nearing an agreement to sell its licensed sports apparel through a “major online marketplace” and is hoping to strike deals with “dozens of others,” Co-Founder Michael Rubin said during a presentation at the National Retail Federation Show (NRF) in New York. The pacts would make Fanatics the marketplaces’ exclusive supplier for licensed sports apparel, he said. Rubin didn’t

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Target Fine-Tuning and Expanding Private Label

Target will continue to expand its private brands this year, building on the 20 labels it has launched thus far as it continues replacing what were largely DTRs, CEO Brian Cornell said during the keynote at the National Retail Federation Show in New York. The company has moved quickly replace its own and licensed brands (Cherokee, Mossimo, Liz Lange) with

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