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Lululemon Athletica Supply Chain Issues Improving

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Vancouver—Supply chain management issues at Lululemon Athletica appear to be being resolved, with analysts describing the findings as encouraging. From an analysis of 3,800 Lululemon SKUs on its e-commerce website, Credit Suisse found that the retailer’s full-priced sell-through and in-stock positions have improved since January. Women’s online apparel offerings are …

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Commerce Dept.: October Retail Sales Slip—The Sandy Effect?

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Washington—Blame it on Hurricane Sandy, consumers pulling back on spending after splurging on back to school sales, or election fatigue, but October retail sales declined after three months of increases, the U.S. Commerce Department reported today. Total spending, including gas and autos, was down 0.3% to $411.6 billion. Excluding autos, …

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JCPenney Eliminates 350 More Jobs at “Leaner” Home Office

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Plano, TX—Saying that JCPenney’s “leaner and more simplified operating structure is fundamentally complete,” Ron Johnson, the retailer’s ceo, said today that another 350 employees would be eliminated from its headquarters here. “In April, we began right-sizing our headquarters from a people perspective to align our teams with JCPenney’s new business …