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May 20, 2013

D’Agostino Supermarkets is partnering with online discount provider Aisle50 to offer exclusive deals and discounts on national and local grocery, and consumer packaged goods brands.

NEW YORK — D’Agostino Supermarkets is partnering with online discount provider Aisle50 to offer exclusive deals and discounts on national, local grocery and consumer packaged goods brands.

May 20, 2013

Shopping malls continue to be popular with consumers because they offer hands-on shopping experience, according to results of a new survey from Glimcher Retail Monitor.

COLUMBUS, Ohio — Shopping malls continue to be popular with consumers because they offer hands-on shopping experience, according to results of a new survey from Glimcher Retail Monitor. Consumers cite reasons such as ability to try on clothes and accessories (74%), the shopping experience (55%) and store variety (49%) for going to the mall.

May 20, 2013

Men’s Wearhouse will tailor email campaigns to individual shoppers using personalized email marketing technology from CQuotient.

CAMBRIDGE, Mass. — Men’s Wearhouse will tailor email campaigns to individual shoppers using personalized email marketing technology from CQuotient. The solution will allow Men’s Wearhouse to capture data across consumer touchpoints and use predictive algorithms to target customers with individualized email messaging.

May 20, 2013

Bruce G. Bodaken, former chairman, president and CEO of Blue Shield California, been named to the Rite Aid Corporation board of directors.

CAMP HILL, Pa. — Bruce G. Bodaken, former chairman, president and CEO of Blue Shield California, been named to the Rite Aid Corporation board of directors. Bodaken, 61, served with Blue Shield for 18 years, including 12 in his most recent role, and currently serves as director and audit committee chairman of WageWorks, Inc. He is also a member of the Institute of Medicine’s Roundtable on Value & Science-Driven Health Care.

May 20, 2013

Starbucks subsidiary Seattle’s Best Coffee opened 10 new drive-through windows at restaurants throughout the Dallas/Fort Worth area.

SEATTLE — Starbucks subsidiary Seattle’s Best Coffee opened 10 new drive-through windows at restaurants throughout the Dallas/Fort Worth area.

Items available for drive-through purchase include 12 combo specials priced $5 or less.

September 11, 2012

Apparel retailer Charlotte Russe has selected Micros Retail, a division of Micros Systems Inc., to develop and build a robust omnichannel solution as part of a revamp of its retail systems.

Westborough, Mass. -- Apparel retailer Charlotte Russe has selected Micros Retail, a division of Micros Systems Inc., to develop and build a robust omnichannel solution as part of a revamp of its retail systems.

September 11, 2012

A report released by e-commerce marketplace technology provider Merchantry found that marketplace customer experience compares unfavorably to that of e-commerce sites, particularly in regard to comprehensiveness of product information and logistics transparency.

New York -- A report released Tuesday by e-commerce marketplace technology provider Merchantry found that marketplace customer experience compares unfavorably to that of e-commerce sites, particularly in regard to comprehensiveness of product information and logistics transparency.

The State of Online Marketplaces report, conducted by Merchantry in concert with the e-tailing group, found that online marketplaces need a lot of improvement before their full potential is realized.

August 3, 2012

Receive recognition for new store and renovation projects! The 31st annual Chain Store Age Retail Store of the Year Awards will celebrate the best in retail and restaurant design for projects opened between November 30, 2011 and December 30, 2012.

All winning projects will be featured in the March 2013 issue of Chain Store Age, and also presented at Chain Store Age’s annual SPECS conference, March 17-20, 2013, in Dallas.

July 31, 2012

Weis Markets reported that net income for the quarter ended June 30 rose 12.1% to $23.2 million, compared with $20.7 million in the year-ago period.

Sunbury, Pa. -- Weis Markets reported Tuesday that net income for the quarter ended June 30 rose 12.1% to $23.2 million, compared with $20.7 million in the year-ago period.

Sales were essentially flat at $677.1 million, and same-store sales inched up 0.4%.

President and CEO David Hepfinger cited a “stagnant sales environment” for the near-flat sales but said the grocer continues to improve efficiencies and store-level productivity.
 

July 18, 2012

Darden Restaurants’ recent $585 million purchase of one of casual-dining’s rising stars, Yard House USA, put a spotlight on the brand, which has 39 locations. But Yard House is also generating buzz with its first Boston location, which is located just a stone’s throw away from one of the nation’s most historic sporting venues: Fenway Park.

July 11, 2012

Destination Maternity said its third-quarter revenue fell 5.3% to $138.8 million. Wall Street had expected $146.4 million.

Philadelphia -- Destination Maternity said its third-quarter revenue fell 5.3% to $138.8 million. Wall Street had expected $146.4 million. The retailer cut its third-quarter earnings forecast, citing weaker-than-expected sales.

Same-store sales fell 2.4%.
 

July 10, 2012

Mobile payments have more than doubled in popularity reaching over 33% of survey respondents, according to IDC Financial Insights’ eighth annual Consumer Payments Survey.

Framingham, Mass. -- Mobile payments have more than doubled in popularity reaching over 33% of survey respondents, according to IDC Financial Insights’ eighth annual Consumer Payments Survey.

The new report, “Business Strategy: Results from the 2012 Consumer Payments Survey,” found that those that of whose had made a mobile payment, more than half used PayPal Mobile (56%), with Amazon Payments and Apple's iTunes service statistically tied at about 40%. 

July 9, 2012

By Renato Scaff and Mark Allen, Accenture

By Renato Scaff, renato.scaff@accenture.com and Mark Allen, m.e.allen@accenture.com

While the proliferation of new products, personalized services, and digital channels are giving consumers more shopping options than ever, they also are making it tough for traditional retailers and consumer goods manufacturers to capitalize on the demand being created. Succeeding in this environment will require a new level of seamless retail-supplier collaboration.

July 5, 2012

Disappointing same-store sales results in June weren’t necessarily unexpected, as the month typically trends weaker as shoppers have fewer reasons to shop.

New York -- Disappointing same-store sales results in June weren’t necessarily unexpected, as the month typically trends weaker as shoppers have fewer reasons to shop.

Thomson Reuters, which polls 18 U.S. retail chains, projected its Same-Store Sales Index to inch up 0.5% in June, far below last year’s 6.7% rise for the month. Analysts have said that warm weather may have prompted consumers to make summer apparel purchases earlier than usual, shifting sales from later months like June.

July 5, 2012

The following are some insights and observations from a few of the speakers at Oracle Retail CrossTalk 2012.

The customer experience is fueling IT spending like never before. That was my main takeaway from Oracle Retail CrossTalk 2012, which was held June 26 -28, in Chicago. The following are some insights and observations from a few of the speakers at the event.

Gary Penn, VP e-commerce, Quiksilver:
“Handheld traffic is growing exponentially, and so is the revenue. You have to address it. If you don’t, you are leaving a good part of your audience out in the cold.”

July 5, 2012

As discounters such as Target, Stein Mart and warehouse club operator Costco posted disappointing same-store sales results in June, TJX Cos. and Ross Stores shone with gains that surpassed Wall Street estimates.

New York -- As discounters such as Target, Stein Mart and warehouse club operator Costco posted disappointing same-store sales results in June, TJX Cos. and Ross Stores shone with gains that surpassed Wall Street estimates. TJX saw a same-store sales rise of 7% in June, beating the 4.2% rise predicted by analysts. Ross was up 7% for the month, after Wall Street forecast a 4.8% increase. Sales rose 12% to $886 million in June. Both chains raised their second-quarter profit forecasts.

July 2, 2012

Bed Bath & Beyond Inc. announced that its tender offer for the outstanding shares of common stock of Cost Plus was successful.

Union, N.J. -- Bed Bath & Beyond Inc. announced that its tender offer for the outstanding shares of common stock of Cost Plus was successful.

The company said Friday that about 20.8 million shares representing about 92% of Cost Plus' outstanding stock were tendered. The company currently has approximately 22.5 million outstanding shares, according to FactSet.

Cost Plus will become a Bed Bath & Beyond subsidiary and will stop trading on the Nasdaq the first business day after the deal closes.

July 2, 2012

J.C. Penney Co. has launched a charitable initiative, called jcp cares, that will support a new cause each month by inviting customers to round up their purchases to the nearest whole dollar and donate the difference to the company's featured charity partner.

Plano, Texas -- J.C. Penney Co. has launched a charitable initiative, called jcp cares, that will support a new cause each month by inviting customers to round up their purchases to the nearest whole dollar and donate the difference to the company's featured charity partner. The retailer will join its customers in giving back by making a contribution to its charity partner each month.

The program will be supported by a robust, integrated marketing campaign which will include digital, social, mobile, in-store and direct mail and e-mail components.

June 29, 2012

Retail expansion is edging up, and so is the cost of construction materials and labor, according to Chain Store Age’s 2012 Store Construction & Store Outfitting survey, which tracks retail building activity and construction costs.

June 29, 2012

New York & Co. has named former Ann Taylor executive Laura Weil as its new COO.

New York -- New York & Co. has named former Ann Taylor executive Laura Weil as its new COO.

Weil, who has served as a consultant at the company since February, was Ann Taylor COO from 2008 to 2011.
 

June 29, 2012

Texas joins eight other states in taking legislative action requiring online-only retailers, notably Amazon.com, to collect sales tax.

Arlington, Va. --Texas joins eight other states in taking legislative action requiring online-only retailers, notably Amazon.com, to collect sales tax. Online retailers will have to collect sales tax in Texas beginning July 1.

June 28, 2012

By Michael Moores, Briteskies

June 28, 2012

A report by Bloomberg said that the Sprint-owned pay-as-you-go carrier Virgin Mobile will open 10 retail stores on Friday in Chicago, as part of its plan to leverage iPhone’s expansion into the prepaid wireless space.

Chicago -- A Thursday report by Bloomberg said that the Sprint-owned pay-as-you-go carrier Virgin Mobile will open 10 retail stores on Friday in Chicago, as part of its plan to leverage iPhone’s expansion into the prepaid wireless space.
 
With the openings, Virgin Mobile will become the second U.S. prepaid service to offer the Apple device, following the iPhone’s debut at Leap Wireless International on June 22.

June 27, 2012

I mentioned briefly in my last column that I’ve been a little puzzled by what seems to be an industry-wide reluctance to design and develop, and in many cases redevelop centers into, true mixed-use venues. It’s not that our industry doesn’t get excited about mixed-use spaces — they clearly do. But, something is getting lost between the glamorous articles and design concepts, and the real-world execution.

June 27, 2012

The Conference Board, in its monthly sentiment index released on Wednesday, said that confidence among U.S. consumers dropped in June for a fourth consecutive month, reaching a five-month low.

Washington, D.C. -- The Conference Board, in its monthly sentiment index released on Wednesday, said that confidence among U.S. consumers dropped in June for a fourth consecutive month, reaching a five-month low.

The research firm’s sentiment index fell to 62, from a revised 64.4 in May. The slide in confidence raises the risk that the recently revealed slowdown in hiring will cause households to curb spending.

The median forecast of 69 economists surveyed by Bloomberg News projected the U.S. confidence index would fall to 63.