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Ikea Surpasses 85 Percent Solar Presence at U.S. Locations
May 9, 2013

SHARE: Email Print LinkedIn Facebook Twitter Ikea officially plugged in the solar energy system at its Stoughton, Mass., store, which represents the 38th completed solar project for the retailer in the United States, or 85 percent of its U.S....

Sears Holdings names new CIO
May 9, 2013

Hoffman Estates, Ill. -- Sears Holdings announced that Jeff Balagna will join the company as executive VP and CIO. In his new role, Balagna who most recently served as CIO at Eli Lilly, will be responsible for all technology and infrastructure...

Internet Sales Tax Bill Has Tough Road
May 9, 2013

Traditional retailers and cash-strapped states face a tough sell in the House as they lobby Congress to limit tax-free shopping on the internet. The Senate voted 69 to 27 Monday to pass a bill that empowers states to collect sales taxes from internet

JC Penney sales decline 16% - Stores
May 9, 2013

Troubled USA retailer JC Penney saw fiscal first-quarter sales drop by 16%, as per a preliminary announcement by the company. Sales stood at $2.64 billion, falling short of the $2.73 billion projected by an analystsโ€™ poll by Bloomberg. Despite the...

Cato Reports April Same-Store Sales Up 1%
May 9, 2013

/PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales of $77.0 million for the four weeks ended May 4, 2013, a 9% decrease from sales of $84.9 million for the four weeks ended April 28, 2012. Same-store sales increased 1% for the...

Game On, Amazon! eBay Rolls Out One-Hour Delivery
May 9, 2013

Picture this anxiety-provoking scenario: you're at an all-day conference, sweating bullets as you prep for a presentation in an hour's time. But you packed in haste and left your laptop charger at home. Your battery capacity is perilously close to zero. You don't have time to dash to Best Buy and you wouldn't dare ask a fellow presenter for a favor lest you show your hand. eBay knows its customers (including you, the disheveled executive) and has been quietly working on a solution for this thoroughly modern conundrum. The eBay Now app allows

Bare Necessities Entices Tech-Savvy Shoppers
May 9, 2013

Bare Necessities, an online specialty retailer of women's and men's branded and designer intimate apparel and lingerie, has launched an interactive lookbook showcasing Wacoalโ€™s intimates to entice tech-savvy shoppers with smartphones and

Apparel discounters maintain momentum
May 9, 2013

TJX and Ross both reported April sales results that exceeded expectations. Same store sales for the four-week period ended May 4, increased 8% for TJX, while Ross saw a same-store sales increase of 7% for the same period. TJX reported total sales of $2...

Retailers Eye Home Goods as Housing Sales Improve
May 9, 2013

Economists aren't the only ones watching improving home sales closely. Emboldened by recent numbers, retail giants J.C. Penney and Target are bolstering their home furnishing offerings in hopes that new buyers will need to decorate. The decision to invest in the home section could be a smart one if recent retail sales trends hold steady. In March, sales at e first quarter while appliance sales were about 0.7 percent higher.

Survey: Poor mobile experience leads to abandoned carts
May 9, 2013

Palo Alto, Calif. -- Two-thirds (66%) of smartphone and tablet users have failed to complete an online transaction due to obstacles at checkout, according to a new survey from Jumio and Harris Interactive. Specific obstacles causing smartphone and tablet...