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Ikea Tests In-Store Mobile Checkout
May 9, 2016 at 10:29 am

An Ikea executive at the Mcommerce Summit: State of Mobile Commerce 2016 revealed that the retailer is testing a mobile program that generates QR codes for the products in customers’ carts to speed up checkout, part of an ongoing focus on in-store technology that makes shoppers’ lives easier. During the session, the executive emphasized how important…

Why Apple Pay and Other Mobile Wallets Beat Chip Cards
May 9, 2016 at 10:03 am

Many merchants and retail workers are watching their lives play in slow motion when they process credit cards. To combat fraudulent transactions, the retail industry is shifting away from the traditional magnetic stripe toward tiny computer chips embedded inside cards. The chip technology, known as E.M.V. (for Europay, MasterCard and Visa), has been around for…

The Limited Launches Off-Price Stores in Malls
May 6, 2016 at 10:23 am

The Limited has launched a brand that could find a niche in a rapidly growing retail sector. Six "Backroom at The Limited" locations quietly opened this year, featuring apparel designed specifically for the new stores but priced lower, said William Acevedo, senior vice president for retail and outlet stores at the New Albany, Ohio-based retailer.

Claire's Stores CEO Resigns; Replacement Named
May 6, 2016 at 10:14 am

Beatrice Lafon, chief executive of Claire's Stores, the teen accessories retailer, has resigned and been replaced by a current member of the board, according to a Securities and Exchange Commission filing. Lafon also quit the board of directors of the company, which has been controlled by New York-based private equity firm Apollo Global Management since 2007.…

Wal-Mart Brings Back Store Greeters
May 6, 2016 at 10:09 am

Those smiley door greeters are back at Wal-Mart. The nation's largest retailer said in a blog post this week that it's bringing back door greeters to a majority of its 5,000 stores by mid-summer to improve customer service. For stores which have been selected as higher risks for thefts, Wal-Mart will position a "customer host," who…

J.C. Penney Taking Emergency Measures to Stay Afloat
May 6, 2016 at 10:03 am

J.C. Penney, faced with unexpected light sales in mid-April, slashed payroll, froze overtime and took other drastic cost-cutting steps in an attempt to protect its bottom line, The Post has learned. As the end of its first fiscal quarter approached, the mid-priced department store told store managers to take the emergency measures because the chain faced…

Amazon Leases 20 More Jets for Growing Air-Cargo Fleet
May 6, 2016 at 9:57 am

Amazon.com will lease 20 cargo planes from Atlas Air Worldwide Holdings, a deal that will double the size of the tech and retail giant’s emerging air force and could give it a sizable stake in a second air-freight company. The move comes just a few months after Amazon struck a similar deal with Air Cargo Transport…

Why Lands’ End is Trying an Amazon Prime-Like Subscription
May 5, 2016 at 12:16 pm

In April, Lands’ End announced it was relaunching Canvas, a collection of clothes aimed at younger, style-conscious shoppers that debuted back in 2009 only to be abandoned several years later when executives decided its aesthetic wasn't quite distinctive enough from the main brand. Still, the label had a bit of a cult following among fashion bloggers,…

Old Navy Haters Gonna Hate
May 5, 2016 at 12:01 pm

Wednesday, Old Navy was trending on Twitter and Facebook, as well as overtaking a previously unrelated hashtag: #lovewins. And the retailer didn’t have to do much to earn it — the brand just stood by its April 29 ad depicting a happy, beautiful interracial couple with a cute kid. This, despite internet hate bringing back…

Two Key Under Armour Executives Depart the Company
May 5, 2016 at 11:44 am

Two key members of Under Armour's senior management team will be leaving the company, including the heads of merchandising and digital fitness. Henry Stafford, chief merchandising officer, will leave Under Armour in July after six years with the company, the company announced Tuesday. Robin Thurston, chief digital officer, also will leave in July. Thurston, a founder of…