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Limited Brands 2Q net falls, raises 2012 outlook
August 15, 2012

COLUMBUS, Ohio - Retailer Limited Brands Inc. said Wednesday that its net income fell 38 percent in the second quarter compared to a year ago, when it received a large gain following a charitable donation. The company also raised its earnings guidance...

Walmart, Target Join New Retailer-Led Mobile Payment Group
August 15, 2012

Retailers that collectively account for $1 trillion in annual sales have shaken up the hotly competitive mobile wallet space by forming Merchant Customer Exchange (MCX), combining the "convenience of paying at the register with customizable offers,"...

Hot Topic loss narrows in Q2
August 15, 2012

No related items were found. City of Industry, Calif. -- Hot Topic reported Wednesday a loss of $800,000 for the second quarter, tightened from a $6.2 million loss in the prior-year quarter. Revenue rose 4.6% to $157.8 million compared with $150.9...

Target Earns $704M, Beats Expectations
August 15, 2012

Target Corp (TGT) posted a flat quarterly profit on Wednesday, as it won over shoppers with an expanded selection of food in many stores and discounts for its loyal card holders, while spending more to get ready to open Canadian stores next year....

Selected Tweets From the eTail Keynote of Facebook Exec
August 15, 2012

Over 1,000 retailers are gathered in Boston this week to attend the eTail conference. Nicolas Franchet, who recently left eBay to become head of e-commerce on the global vertical marketing team at Facebook, gave a keynote address on Tuesday morning and took questions from the moderator, Bob Cell of MyBuys, and then from the audience. In the spirit of social networking, we've "retweeted" some attendeesโ€™ comments from the keynote session.

Microsoft Opens First Retail Location in Florida
August 15, 2012

Hoping to duplicate Apple's success, Microsoft continues to open retail stores in select locations, including its first in Florida. The Microsoft Store opens at 10 a.m. Thursday at the Florida ...

Fossil names new COO
August 15, 2012

RICHARDSON, Texas โ€” Fossil has named John White as EVP and COO effective Sept. 4. White will be responsible for the company's supply chain, distribution and warehousing, legal and information technology operations, with a focus on long-term strategy. He...

Wal-Mart Gets Approval From Chinese Regulators for E-Commerce Deal
August 15, 2012

Wal-Mart has received conditional approval from Beijing to acquire a majority stake in a Chinese e-commerce company. Wal-Mart will increase its stake in the Yihaodian holding company to approximately 51 percent, from a little more than 17 percent. Yihaodian has been in business for less than four years. It sells more than 180,000 products ranging from groceries to electronics to clothing. Wal-Mart is seeking more access to Chinese consumers, who are increasingly shopping online. Terms of the deal weren't disclosed. 

 

Top 50 U.S. Retail Brands for Social Media Reputation
August 15, 2012

How do you measure the reputation of a brand in social media? According to Yomego, a social media agency based in the U.K., you first have to measure the "reach" of a brand, which is the "noise" that's being generated in social spaces, or how much the brand is being mentioned. Then Yomego says you have to measure the "popularity" of a brand, which is actually the positive satisfaction level of all that noise. What follows is a list of the U.S. retail industry companies that had the best social media reputation in 2011, according to Yomego.