NexCen Brands Inc. has acquired the Great American Cookie Company from Mrs. Fields Famous Brands LLC for $93.7 million, which consists of approximately $89 million of cash and NexCen common stock valued at approximately $4.7 million.
Duane Reade adds a workforce management application from Red Prairie. The system, which includes forecasting/scheduling and time and attendance models, aligns the drug store's customer traffic with employee scheduling.
To help expand its online business for its growing product lines, Spanx, a women's hosiery and shapewear company, signs a multiyear agreement with GSI Commerce for a full-service, integrated e-commerce solution.
Lowry Computer Products launches the Lowry Quick Comply Kits, a complete suite of products designed for suppliers to comply to RFID mandates from Sam's Club, and other large retailers.
Kara Romanow asks Stephen Marosi, the IT manager of Global Merchandising Solutions for The Procter & Gamble Company, to offer his take on the current state of retail execution.
