aggregatedcontent
January 9, 2012
New Balance plans to open a New Balance Experience store in Boston. Situated at Copley Square, the new location will be the second "experience" location in the United States for New Balance. The company opened a store in New York in August 2011 that sells its clothing and footwear.
January 9, 2012
Wal-Mart unveiled a blog on sustainability featuring posts from Andrea Thomas, the retailer’s senior vice president of sustainability. Called The Green Room, Thomas introduced the blog as an opportunity to “develop into a vibrant conversation about helping people live better around the globe."
January 9, 2012
Staples Canada is implementing an in-store solution for printing shelf signs and labels in its 320-plus stores. The AccessVia Web dSignShop allows the office products retailer to produce signs in both English and French, and offers a French-language interface for stores with Francophone employees.
January 9, 2012
The Jones Group Inc., whose brands include Nine West, Anne Klein and others, has ended talks on the potential sale of its jeanswear division. In October, Jones Group announced that it was in talks with Israeli clothing maker Delta Galil Industries Inc. about selling its jeanswear unit for between $350 million and $400 million. Jones Group said at the time that a deal had not been reached between the two parties and that there could be no assurances that a deal would result from of the talks. Delta Galil said Monday that it was unable to reach mutually acceptable
January 9, 2012
Apple will be opening new store-within-a-store locations in select Target locations later this year, enabling the company to expand its retail reach into smaller metro areas. The company plans to begin operating Apple-branded areas within 25 larger Target stores in locations which can't support a standalone Apple Store.
January 9, 2012
PetSmart has appointed current CEO Robert Moran to also serve as the company’s chairman of the board. Moran, 61, has been president and CEO since 2009 and served as president and COO from 2001 to 2009. The board of directors also appointed David K. Lenhardt as the company’s new president and COO.
January 9, 2012
As we start the new year, many are digging out from holiday spending reports and reflecting on what those shopping patterns tell us about consumer behavior. It's a good time to look back and look forward. In that spirit, let's look at the data collected about affluent's shopping patterns throughout the year, and distill it into three key takeaways to help marketers prepare for 2012 and beyond.
January 9, 2012
Guess is using the VeriFone GlobalBay iPad Retailing solution inside 12 U.S. stores to enhance the shopping experience and generate additional sales. The retailer is using the solution to enable consumer interaction with iPads mounted on rolling stands that serve as self-service kiosks to its online and in-store products.
January 9, 2012
The Fiorentino brothers were aggressive entrepreneurs who grew a small direct-mail catalog company into what is today CompUSA, a national electronics chain owned by a Fortune 1000 company. Then greed got in the way.
January 7, 2012
Minneapolis -- Best Buy Co. reported Friday that December sales were less than the company anticipated, as fewer-than-expected shoppers filled the retailer’s stores over the holiday selling month. Same-store sales fell 1.2% in December, an improvement from the 4% drop in the same period last year. Total revenue was flat at $8.4 billion. Its online division shone, recording a 26% rise in revenue for the month. Despite the lackluster showing in December, Best Buy reaffirmed its annual guidance. “Based on our performance in December we continue to expect to achieve our annual guidance, despite customer traffic that was
