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Wal-Mart has launched new applications for the iPhone and iPad designed to give its consumers tools to plan their weekly shopping trips as well as a new way to access the retailer both in-store and online.
Fewer retailers are expecting return fraud rates to grow this holiday season, thanks in part to enhanced return policies and requiring identification when receipts are not present during the return process.
The revolution will be trademarked and put on T-shirts if an increasing number of entrepreneurs succeed in their attempts to profit from the Occupy demonstrations.
More consumers are planning to use their mobile device to make a purchase this holiday season than ever before, particularly if offered a discount, coupon, gift card, loyalty points or prompted by a text alert.
MENOMONEE FALLS, Wis. โ Jennifer Lopez' and Marc Anthony's split had little impact on sales of their respective brands at Kohl's, which reported its third-quarter results Thursday. According to Kevin Mansell, Kohlโs chairman, president and CEO, "the launch of [the] Jennifer Lopez and Mark Anthony brands during the quarter met [the company's] aggressive sales plans." Kohlโs reported third quarter diluted earnings per share increased 40% to 80 cents. Net income for the quarter increased 20% to $211 million, compared with $176 million (57 cents per diluted share) a year ago. Net sales were $4.4 billion, an increase of 3.8%
PBS and CellPoint Mobile have unveiled a fully integrated mobile shop for PBS Kids products. The e-commerce platform features merchandise from PBS Kids programs including "Sesame Street," "Curious George," "Super Why," "Dinosaur Train," "Sid the Science Kid," "Martha Speaks" and "Cat in the Hat."
Moda Operandi, which has been making a splash since launching in February with fashions fresh from the runway, has hired away two executives from the more traditional fashion world. This week, the company named long-time Neiman Marcus and Bergdorf Goodman executive Roopal Patel as fashion director and former Marie Claire style director Taylor Tomasi Hill as creative director.
Coffee king Starbucks is gunning for the health food industry. The company announced the $30 million, all-cash acquisition of Evolution Fresh, a natural fruit and vegetable juice maker created by Jimmy Rosenberg, who also founded the Naked Juice brand.
eBay has come out swinging against a new bill introduced in the Senate on Nov. 9 that would empower states to collect sales taxes from out-of-state internet and catalog retailers.