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FedEx expects a 12 percent jump in holiday shipments this year and will add about 20,000 workers to handle the record volume driven by online shopping. The surge is driven by a combination of gradual economic improvement and ever-increasing internet sales, analysts said.
DDI has been heralding the latest retail store design ideas since 1988 and has become a trusted source for all things retail. When DDI first appeared 20 years ago, the market was right for a magazine that focused on the retail environment. DDI has grown to become the retail design resource for store design concepts and a trusted guide to retail design ideas. DDI carefully chronicles the changes and focuses on the things that generate a buzz the world over in the retail industry.
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MILAN, Italy (BRAIN)Luxottica Group S.p.A. reported net sales at its Wholesale Division, which owns Oakley, rose to 555.1 million ($784 mm) in the third quarter ending Sept. 30, from 518.3 million ($669 mm) in the third quarter of 2010. That equated to a 10.7 percent increase at constant exchange rates for the Italian company and +7.1 percent increase at current exchange rates. In the first nine months of 2011, net sales for the division were 1.90 billion ($2.50 bb), up 11.9 percent at constant exchange rates from the 1.72 billion ($2.26 bb) recorded for the first nine months of
Medford, Ore. -- Harry & David Holdings has named Craig Johnson as its CEO. Johnson most recently served as chief supply chain officer of Guitar Center. Prior to that, he was CEO of Musician's Friend, a Guitar Center subsidiary. He has also held positions at Oriental Trading Co., Golfsmith International Holdings, and Coldwater Creek. The company exited Ch. 11 bankruptcy protection last month. "With its successful restructuring now complete, improved capital structure in place and an outstanding harvest and holiday gift selection, the company is poised for a successful holiday season," Johnson said in a statement.
Bodymetrics, a London-based company with a thing for body scanning, has teamed up with PrimeSense to create a full, 3-D body scanner that could have a serious impact on online clothes shopping.
For the second year in a row, Office Depot was recognized in Newsweek magazineโs annual โGreen Rankingsโ as the greenest large retailer in the U.S. Across all industry sectors, Office Depot was ranked as the U.S.' 8th greenest large company, a move up of 10 spots from last year, and was the only retailer in the U.S. Top 10 list.
Wayne, N.J. -- Toys โRโ Us will again give its loyalty rewards members 10% back on holiday purchases. The offer, whereby members of the chainโs rewards club get 10% back in โR Usโ dollars for each dollar spent on qualifying purchases, is available from Oct. 30 through Christmas Eve. The promotional dollars will be sent to customers via email in January and can be used on future in-store purchases. The offer this year also includes 2012 Super Savers Pass, which rewards members can earn when they spend $200 or more during the designated period. On Monday, Walmart announced a
Walmart has lost some of its cred when it comes to low prices. The chain is looking to change that and its new "Christmas Price Guarantee" is a step in that direction. Here's the deal: Walmart doesn't want consumers thinking they have to wait it out this holiday season looking for the best deal on gifts. The chain's guarantee tells consumers that they can go to any of the chain's stores and not worry if they'll get the best price for the season. If, at any point between Nov. 1 and Dec. 25, they find a better price somewhere