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Retailers nationwide lose less to shoplifters and organized crime than they do to another group: their own employees. Thefts by employees accounted for about 45 percent of retail losses in 2010, according to the National Retail Security Survey. Shoplifting and organized retail crime made up about 31 percent of inventory shrinkage, the accounting term for loss of products between the point of purchase from a supplier and point of sale.

COLUMBUS, Ohio — Express has appointed Michael Keane to the position of EVP human resources. Keane's extensive experience includes more than twenty years in a series of human resource leadership positions with Tween Brands, Limited Brands, Borden Foods and Whirlpool Corporation. He most recently served as EVP human resources and stores for Tween Brands, a wholly owned subsidiary of Ascena Retail Group Inc. "I'm pleased to announce the appointment of Michael Keane as Executive Vice President of Human Resources, as well as welcome him back to Express," said Michael Weiss, chairman, president and CEO of Express. "Throughout his career,

eBay has announced a number of strategic moves including a new partnership with major carrier Three.co.uk; integrations with merchants such as Yotel and Entradas.com; and mobile app updates that evolve mobile commerce selling and shopping experiences for consumers. In 2011, eBay mobile commerce generated $5 billion in retail volume, and PayPal mobile generated $4 billion in payment volume. eBay’s mobile apps have been downloaded more than 70 million times, according to the company. 

BRENTWOOD, Tenn., Feb. 28, 2012 /PRNewswire/ -- Tractor Supply Company (NASDAQ: TSCO), the largest retail farm and ranch store chain in the United States, today provided updates to both the Company's long-term operating margin target and domestic store growth potential in advance of management's presentation at the Company's investment community meeting. Building on its momentum in fiscal 2011, the Company has increased its long-term operating margin target to 9.5% from its previous target of 8.5%. The Company's operating margin was 8.3% in 2011. Additionally, the Company has increased its estimated domestic store growth potential to 2,100 stores from a

Americans spent more than $200 billion on online shopping in 2011 and are expected to shell out $327 billion on internet stores by 2016. That's the estimate from a report released by Forrester Research Analyst Sucharita Mulpuru, who also predicts that online sales will make up almost 9 percent of overall retail sales by 2016, up from 7 percent.

Salisbury, N.C. -- Bottom Dollar Food announced plans to open eight additional stores in New Jersey. The expansion will more than double the number of Bottom Dollar Food stores in the Garden State, with the first two stores opening March 2. "We have been pleased with customer reaction to our current five stores in New Jersey and we are very excited to continue serving customers at our additional locations in the market," said Bottom Dollar Food president Meg Ham.

Bloomingdale's has launched a new customer loyalty program called Loyallist for all its U.S. retail locations and online store. The new tender-neutral program is streamlined and delivers benefits to any customer shopping with a U.S. address at Bloomingdale's — regardless of how they pay.

Leap Year comes around once every four years and in honor of the occasion Zappos.com announced it will extend its 365-day return policy to a whopping 1,461 days. The extended policy goes into effect on Feb. 29 for 24 hours to celebrate those customers who make purchases on Leap Year, giving indecisive shoppers the luxury of waiting four years to decide if they want to keep or return an item.

Amazon.com and a trade group for college bookstores settled a lawsuit over Amazon's advertising for textbook discounts, the group said. Amazon was advertising discounts of 30 percent on new college textbooks and 90 percent on used ones. In May, Amazon asked a federal court in Seattle to declare that its advertising wasn't false or misleading.