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September 11, 2015 at 11:17 am
Facebook launched a host of changes to make business pages more effective when accessed on mobile devices, including a new Shop section. Other changes include new and more prominent call-to-action buttons. And this may be only the beginning of a new push to cater to businesses. Facebook explained it was adding new features to Pages to…
September 11, 2015 at 11:11 am
3-D printers will be coming to your local Staples — or rather, available on Staples’ website. Small businesses and customers will now be able to upload designs for order. According to a press release issued by the office supply chain, customers who want to use its 3-D printing service must make an account, where they can…
September 11, 2015 at 10:36 am
Seven months after splitting with longtime partner Costco Wholesale Corp., American Express Co. said Thursday that its cards will be accepted at rival membership warehouse Sam's Club starting Oct. 1. Sam's Club, a division of Wal-Mart Stores Inc., has 653 stores in the U.S. and Puerto Rico.
September 10, 2015 at 10:44 am
Furniture and home appliance retailer Conn's Inc. on Wednesday said it would securitize $1.4 billion of consumer debt and announced a new chief executive. The chain also completed a strategic review triggered by struggles last year with its credit-financing business. The Woodland, Texas, company announced a slightly worse-than-expected profit for its latest quarter, though revenue met Wall…
September 10, 2015 at 10:37 am
Best Buy is opening its own mini-shops at Macy’s, where it will primarily sell Samsung merchandise. In the past few years, Best Buy has turned a lot of its sales space into mini-shops to show off marquee brands. Now the Richfield, Minn.-based electronics retailer is becoming a mini-shop for someone else. In early November, Best Buy will…
September 10, 2015 at 10:29 am
After years of struggling to maintain sales, Barnes & Noble may be looking to revamp its image, starting with smaller stores. The Wall Street Journal reports the nation’s largest bookstore chain is considering a new store prototype after facing a fifth straight quarter of sales declines. New CEO Ronald Boire says any changes would be in response…
September 10, 2015 at 10:19 am
Toys"R"Us said on Wednesday it's lowered its free shipping minimum for online orders, as retailers continue to outdo each other with delivery deals before the holiday shopping season. The world's largest dedicated toy retailer said it will lower the minimum purchase required for free shipping of online orders from $49 to $19. In May, Wal-Mart said it…
September 10, 2015 at 10:10 am
J.C. Penney has created a new fast-fashion brand to attract customers who swear by the Forever 21s and H&Ms of the world. Belle + Sky is a new women’s contemporary brand that Penney added online and, this month, to 100 stores. Penney CEO Marvin Ellison talked about private-label brands during a Goldman Sachs conference Wednesday in New…
September 9, 2015 at 11:29 am
Macy's will close 35 to 40 underperforming stores, around 5 percent of its total locations, the department store chain announced Tuesday. The stores, slated to be shuttered in early 2016, will be identified at a later date, said the company with corporate offices in Cincinnati and New York. Annual sales volume at the stores, "net of sales…
September 9, 2015 at 11:23 am
Quiksilver Inc., the California clothing chain that helped spread surfer and skateboarder styles around the world, filed for bankruptcy with a plan to hand control over to its senior lenders. The company, rooted in the seaside cultures of Australia and Southern California, failed to pull off a turnaround begun in 2013, Chief Financial Officer Andrew Bruenjes…
