New York -- Tesco has opened its first all-LED store as the United Kingdom’s largest retailer continues its drive to reduce carbon emissions from its operations. Tesco expects that the use of the LEDs in its new Express location, in Loughborough, England,...
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Atlanta -- The “True Cost of Fraud” study by LexisNexis found that retailers incurred $2.70 in costs for every dollar in fraudulent transactions. The cost incorporates charge backs for merchandise, the fees and interest to financial institutions and...
Chicago -- A study released on Tuesday by BDO USA found that retailers are generally confident that year-end sales will top last year’s. According to the sixth-annual BDO Retail Compass Survey of CFOs, which examined the opinions of 100 leading retail...
Stockholm, Sweden -- Ikea said Monday that its CEO Mikael Ohlsson will step down effective Sept. 1, 2013, and will be succeeded by Peter Agnefjall, current country manager of Ikea Sweden. To prepare Agnefjall for his new role, Ikea said that he will...
Square's $200 million Series D and $3.25 billion valuation yesterday may have risen expectations massively for where mobile payments will ultimately go, but for now the vast majority of us are still pulling out our cash, cards and checks to buy things. A study from Deloitte, notes that today in the UK only 1% of mobile consumers have ever used a handset to pay for something in a retail location. However, it also provides some convincing evidence that we are at least well on our way to linking mobiles - specifically smartphones - to retail purchases anyway.
Lowe's said Monday it has withdrawn its bid to purchase Canadian home-improvement retailer Rona. The $1.86 billion unsolicited acquisition proposal had earlier been rejected by Quebec-based Rona, which said the offer was not the best deal for its shareholders. The proposal generated discord among Rona's dealer companies, many of whom threatened to sever their ties with Rona should Lowe's succeed in its acquisition attempt. In a Monday statement, Lowe's said
Abercrombie & Fitch Co. (ANF) could well be a takeover target, reports Bloomberg. The stock has lost 21% this year, the most among U.S. specialty apparel retailers valued at more than $1B, according to data compiled by Bloomberg. That has increased the...
Today’s retail websites are getting slower according to new data released by Strangeloop Networks in its quarterly report on e-commerce page speed and website performance. Strangeloop measured 2,000 retail websites and found that they were a...
WESTPORT, Conn., Sept. 18, 2012 /PRNewswire/ -- Field & Stream Licenses ("Field & Stream") today announced that it has signed an agreement with Dick's Sporting Goods ("Dick's") to sell to Dick's the intellectual property rights to the Field & Stream...
At Kohl's, we're always making headlines. Below is the full version and PDF of our most recent press release. You will also find our five most recent releases on the right. To view all of the releases from the several years, visit our s. to Hire More than...