News of the Day

Names a new executive to explore opportunities for international expansion

Macy's Inc. (Cincinnati) has named an executive to take a new corporate-level position: president for international retail development Daniel Edelman, currently president and chief operating officer of Macy’s West (San Francisco), will be r . . . » MORE

Nike Nearing the Finish Line

Two companies open a co-branded store to take aim at high school athletes

Nike Inc. (Beaverton, Ore.) and The Finish Line Inc. (Indianapolis) have opened a new retail concept called Finish Line Ltd, aimed at the niche market of runners and athletes in training. The 4500-square-foot store opened earlier this week at the ups . . . » MORE

Best Buy’s Calling England

Acquires 50 percent share of Europe’s largest cell phone retailer

Best Buy Co. Inc. (Richfield, Minn.) will pay $2.1 billion for a 50 percent stake in The Carphone Warehouse Group Plc (London), Europe’s largest cell phone retailer. The Carphone Warehouse will place its 2400 U.S. and European stores in the new . . . » MORE

Early April Returns are Mixed

Discounters seem to have done well, selling basics; apparel retailers missed their estimates

April retail sales rebounded slightly, the Associated Press reported, though business was helped by heavy discounting that could hurt earnings. The A.P. said some of the early sales reports issued yesterday and this morning showed that shoppers, cont . . . » MORE

Faconnable Names New U.S. Chief

Ex-Lacoste executive will enhance stores, expand brand

Faconnable (Nice, France) has named Yonni Mrejen to a new position, vp of U.S. retail and operations. Mrejen, formerly director of U.S. retail operations for Lacoste (Marseilles, France), will be based in the New York offices of Faconnable USA Corp., . . . » MORE

Aeropostale in Puerto Rico

Retailer to open first of several stores there this month

Aeropostale Inc. (New York) has announced plans to roll out stores in Puerto Rico. Its first store will open this month at Plaza Carolina. In the next following weeks, the specialty retailer will open at Plaza Las Americas in San Juan and, in the lat . . . » MORE

White Stripes

Jury awards Adidas $305 million in trademark infringement suit

Adidas AG (Herzogenaurach, Germany) was awarded $305 million in damages from Collective Brands Inc. (Topeka, Kansas) in a battle over the rights to using three white stripes in a brand logo. A jury in a Portland, Ore., federal court awarded Adidas ro . . . » MORE

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