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Kmart, a retail giant known for its blue light specials, is fast joining the long line of retailers that failed to keep up with the times. Nearly seven years after Kmart merged with Sears and moved its headquarters to suburban Chicago, Sears struggled to remain relevant in the cutthroat retail landscape. The merger was supposed to revive the aging retailer, but it appears to be losing the battle against big-box competitors.

Target is reaching out to its vendors as part of a potential new pricing strategy to up its competitiveness with both online and brick-and-mortar rivals. The retailer has sent a letter to some of its vendors just as J.C. Penney is about unveil a sweeping overhaul of its pricing strategy. J.C. Penney plans to eliminate many of the promotions shoppers see in its stores.

Best Buy Canada will pilot mobile point-of-sale capabilities in select Future Shop and Best Buy store locations by summer 2012. The mobile POS solution will be implemented on a service-oriented architecture (SOA)-based Stella Nova Mobile Retail Framework. This Mobile POS solution is architected to keep POS functionality independent of the mobile device and its operating system, a design that will enable the retailer to adapt to future shifts in mobility trends and technology. The solution's two key components are the Mobile Retail Framework, a suite of core transaction services built on the Microsoft .NET Framework, and the Mobile Client

Los Angeles–based retailer and manufacturer American Apparel saw its total net sales for December rise 15 percent to $56.3 million. 
Total net sales for the quarter increased 10 percent to $157.9 million. 
The company saw a 25 percent surge in comp-store sales for its online division and an 11 percent increase in same-store sales in its bricks-and-mortar stores in December. Net sales in the company’s wholesale division increased 25 percent in December. 
“In December, we continued to build momentum in our business,” said Dov Charney, chairman and chief executive officer. “Our sales exceeded plans in all channels, and we

SHARE: Email Print LinkedIn Facebook Twitter Walmarts 2012 Acres for America program is helping conserve more than 49,000 acres of critical wildlife habitat across the United States. Acres projects connect existing lands to protect migration routes, provide access for people to enjoy the outdoors and help ensure the future of rural economies that depend on forestry, tourism and recreation. Acres for America is a 10-year, $35 million commitment that began in 2005 between Walmart and the National Fish and Wildlife Foundation to purchase and preserve one acre of wildlife habitat in the U.S. for every acre of land developed

SHARE: Email Print LinkedIn Facebook Twitter Tesco unveiled Irelands first zero-carbon retail outlet, which is the companys fourth such stores in its global network. The U.K.-based grocery giant has zero-carbon stores in Cambridgeshire and Lincolnshire in England, and Welshpool in Wales. The third store is located in Bang Phra, Thailand, which is slated to open shortly. The new store in Cabra, Dublin includes lights that dim according to the level of natural daylight, and rainwater collection for flushing staff toilets. "Our zero-carbon stores are designed with both the customer and the environment in mind," said Bukky Bird, Tescos head

Markdowns and cash rebates, a strategy of many brands and retailers today, may actually be eroding brand loyalty, COLLOQUY reveals in a report that should serve as a wake-up call for U.S. marketers.

As it approaches its new fiscal year, Wal-Mart Stores Inc. has announced a number of changes across the business, drawing on a deep bench of internal talent. “We are very intentional about developing talent to meet the needs of our rapidly growing...

Gap's Athleta athletic apparel line for women plans to open stores in Chicago, Boston, Houston and Denver in 2012, Scott Key, senior vice president and general manager, said in a telephone interview.

Is this good or bad news for LivingSocial and Groupon? It seemed as if a new daily-deal site popped up every week last year, but many bit the digital dust in the second half of 2011.