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Office Depot receives EPAโ€™s Climate Leadership Award
March 12, 2013

Boca Raton, Fla. -- Office Depot has been recognized with a Climate Leadership Goal Achievement Award for Excellence in Greenhouse Gas Management by the U.S. Environmental Protection Agencyโ€™s Center for Corporate Climate Leadership, the Association of...

Report: Ron Johnson not stepping down
March 12, 2013

New York -- Another day, another J.C. Penney story. Amid rumors that Penney chief executive Ron Johnson was stepping down, the chain flatly denied the allegations. โ€œRon Johnson is not quitting or resigning from J.C. Penney and he has no plans to do so,โ€...

For Moms, Mobile Is Part of the Shopping Routine
March 12, 2013

Shoppers have become increasingly comfortable using the smartphone or tablet to browse retailer offerings, look for discounts and compare products-whether on the go or on the couch. For moms especially, who tend to lead shopping and mobile trends, the use of these smart devices may have reached the tipping point: Mobile has become more than a nice accessory to augment the shopping process; it has become an essential stop in the path to purchase.

Bon-Ton Q4 profit tops Street
March 12, 2013

York, Pa. -- The Bon-Ton Stores reported better-then-expected fourth quarter net income of $74.4 million, compared with $78.2 million in the year-ago period. Revenue for the three months ended Feb. 2 increased 3.2% to $1.02 billion, missing the Streetโ€™s...

Bonobos Opens Stores That Don't Sell Anything
March 12, 2013

Folks who walk into a Bonobos Guideshop can't help but notice one thing: There's hardly any merchandise. That's on purpose. Bonobos (say "bu-NO-bos") Guideshops are men's clothing stores that basically don't sell anything. Consumers can try stuff on for size, put outfits together and get advice from salespeople. But if they like it, they've got to order it on the Bonobos website. This small store is a big deal. If other stores catch on โ€” and it may be more of a question of when than if โ€” this could ultimately change the business model for the nation's retail establishments.

Retailer Sues Visa Over $13 Million โ€˜Fineโ€™ for Being Hacked
March 12, 2013

Genesco, a sports apparel retailer, is fighting back against the arbitrary multimillion-dollar penalties that credit card companies impose on banks and merchants for data breaches by filing a first-of-its-kind $13 million lawsuit against Visa. The suit takes on the payment card industry's powerful money-making system of punishing merchants and their banks for breaches, even without evidence that card data was stolen.

Sears Canada Appoints Interim Chief Financial Officer
March 12, 2013

/CNW/ - Sears Canada Inc. (TSX: SCC) announced today that the Board of Directors of the Corporation has appointed E.J. Bird as Interim Chief Financial Officer. Mr. Bird will continue to serve as a Director of Sears Canada, a role he has held since 2006,...

Nordstrom is Americaโ€™s Favorite Fashion Retailer, According to Market Force Study
March 12, 2013

Nordstrom is the nation's favorite fashion retail chain, according to an annual consumer study conducted by Market Force Information, a worldwide leader in customer intelligence solutions. The upscale department store edged out Kohl's, which had ranked first in the three previous studies. This year, Kohl's moved to the No. 2 spot overall, followed by Macy's, Dillard's and J.C. Penney.

Retail Top Mobile Ad Category In 2012
March 12, 2013

Record election-year spending proved a boon to virtually all media last year, including mobile. Buoyed by campaign ad dollars, government services was the fastest-growing ad category on the Millennial Media mobile ad network, up 860%. The company does not provide actual dollars, so it's difficult to assess how much was spent per category, according to a new report. But government services represented only 2% of campaigns overall on the network.

What Can Retailers Learn From the Martha Stewart Flap?
March 12, 2013

The recent Macy's/J.C. Penney's flap over Martha Stewart Living Omnimedia reminds me of The Celebrity Apprentice โ€” it may be wild, embarrassingly funny, and hugely entertaining (for awhile), but it's no way to run a business. Among the many...