aggregatedcontent

NRF: Don't broaden cybersecurity legislation
March 5, 2012

Washington, D.C. โ€” Two bills designed to protect "covered critical infrastructure" against cyber attacks by terrorists and others should remain focused on their key purpose and not be expanded to include data breach legislation or broad new privacy...

Walgreensโ€™ February Sales Increase 1.5%
March 5, 2012

Walgreens had February sales of $5.86 billion, an increase of 1.5% from $5.77 billion for the same month in fiscal 2011. This yearโ€™s total February sales benefited from one extra day because of leap year. All comparable store sales and prescription figures below compare the first 28 days in February 2012 to the 28 days in February 2011. Total front-end sales increased 6.9% compared with the same month in 2011, while comparable store front-end sales increased 2%. Customer traffic in comparable stores decreased 0.2% while basket size increased 2.2%. Prescriptions filled at comparable stores decreased 9.5% in February. Lower

Dickโ€™s announces three new stores
March 5, 2012

Pittsburgh -- Dickโ€™s Sporting Goods said Monday that it will open three new stores in three states on March 7. A new store in St. George, Utah, will open simultaneously with new locations in Ft. Lauderdale, Fla., and Boardman, Ohio. Giveaways and special events will accompany each opening. The St. George, Utah, store, the retailerโ€™s third in the state, is located at Red Rock Commons shopping center. The Ft. Lauderdale, Fla., store joins 17 other Dickโ€™s stores in the state and will be located at the Regions Bank Plaza. The Boardman, Ohio, store is a relocation from an original

iPerceptions Releases Retail and E-Commerce Industry Report
March 5, 2012

iPerceptions, a provider of online voice-of-customer analytics based on actual visitor feedback, announced the release of its Retail/E-Commerce Industry Report for the fourth quarter of 2011. The report found that while more retail website visitors were ready to make a purchase compared to the previous year, only 58 percent were able to complete their purpose of visit.

Kohl's Shifts Retail Focus From Bricks-and-Mortar to Digital
March 5, 2012

Kohl's has joined a handful of other up-and-coming masters of retailing in spreading brick-and-mortar stores nationwide during the suburban building boom. Now, however, Kohl's real estate ambitions are waning as the retailer deals with the effects of online retailing and slower growth overall in its physical stores.

Tesco to Hire 20,000 More UK Workers, Open More Stores
March 5, 2012

Tesco, Britain's largest grocer, says it will hire 20,000 additional workers in Britain over the next two years as it opens new stores and improves its fresh food offering. The new hires represent a 7 percent increase on the company's current U.K. workforce of 290,000.

Retailers Study the Psychology of Shopping
March 5, 2012

Shoppers are like laboratory rats these days. From the time shoppers walk into stores, their footsteps, eye movements, choices and reactions to discounts are often closely monitored. With this analysis, stores can determine with startling accuracy whether changes such as remodeled stores, specific deals and more salespeople will make people spend more.

Nike Debuts Olympic Jerseys Made From Recycled Plastic Bottles
March 5, 2012

Nike has unveiled Netherlandsโ€™ new Away National Team Kit just in time for the London Olympic Games. The soccer jerseys, made of 100 percent recycled materials, is one of the most eco-friendly sportswear lines to date, in keeping with the brand's commitment to superior athletic performance and lower environmental impact.

Wal-Mart, Other Retailers Leap Into Mobile Payments Battle
March 5, 2012

Target, Wal-Mart and a slew of other retailers have reportedly joined the emerging battle over turning smartphones into virtual wallets. The two giant discount retailers along with about two dozen unnamed retailers are teaming up to develop a mobile-payments system in an effort to capture at least a piece of a market expected to surpass $600 billion by 2016.