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How Yahooโ€™s Acquisition Could Affect Tumblrโ€™s Fashion Community
May 22, 2013

Tumblr โ€” home of gifs, memes and NSFW photos โ€” has joined the ranks of corporate America: The company has been bought by Yahoo for $1.1 billion. Besides goofy cat videos and loads (seriously, loads) of pornographic material, Tumblr also hosts one of the most passionate, creative and irreverent fashion communities out there on the internet. So now the question is: How will that community, which so far has thrived on the free-for-all vibe that prevails at Tumblr, be affected by the new acquisition?

Why Warby Parker Opened a Retail Store
May 22, 2013

When Warby Parker opened a flagship in New York City, many people were shocked. No one expected the digital eyewear disruptor to expand its business to a brick-and-mortar store. Speaking at Internet Week this week, Neil Blumenthal, one of Warby Parker's founders, said the move was strategic. "We believe the future of retail is at the intersection of e-commerce and bricks-and-mortar," he said. "People think it's crazy that we went and signed a 10-year lease in SoHo, next to Ralph Lauren, across the street from the Apple Store. But we have actually

Pier 1 Builds its Own Systems, Takes a New Look at SKUs
May 22, 2013

To manage SKU plans and forecasts across its brick-and-mortar stores and e-commerce business, Pier 1 custom built a proprietary planning system tailored to the "unique complexities" of its business and flexible enough to accommodate future growth. When designing the new system, the retailer factored in its six DCs and the various transit times necessary to maintain optimal inventory levels at each, plus ocean transit and vendors' lead times, Michael Benkel, EVP of planning and allocation, said on a recent analyst call.

Will Amazon Succeed With Men's Grooming Shop?
May 22, 2013

Amazon.com has its site set on another category and this time it is men's grooming. The company has launched its new Men's Grooming store with a black and white motif and expanded content to help...

Bon-Ton leverages tech to lower turnover
May 22, 2013

DALLAS โ€” Bon-Ton is turning to PeopleAnswers to help the company improve retail sales and lower employee turnover. Under the terms of a five-year software licensing agreement, the company will...

Staples Sales, Profits Fall In Q1
May 22, 2013

Framingham-based office retailer Staples Inc. is seeing the impacts of store closings and weaker sales of some items, it reported today. Staples reported first-quarter sales of $5.8 billion, down 4...

TJX Sales Up 7% In Q1
May 22, 2013

TJX Cos., the Framingham-based parent company of off-price retailers T.J. Maxx, Marshalls and HomeGoods, said earnings per share rose 13 percent in the quarter that began its new fiscal year. For...

Retailers Slow to Adopt Mobile POS, Study Finds
May 22, 2013

While the use of mobile tablets (such as the iPad) as point-of-sale devices is growing rapidly, with shipments increasing at a rate of 38 percent in 2013, many retailers are still slow to adopt them, according to a new study from research firm IHL Group. The mobile POS market will surpass $2 billion in hardware/software sales in North America in 2013, and 28 percent of North American retailers plan to adopt mobile POS in some form by the end of 2013, said the study, called Mobile POS: Hype to Reality.