Content about United States

October 1, 2014

Based on previous savings experienced during the holiday season in 2013 and projected industry growth in 2014, U.S. shoppers have the opportunity to save more than $5 billion dollars by using deal and offer websites during the upcoming holiday season.

Austin, Texas - Based on previous savings experienced during the holiday season in 2013 and projected industry growth in 2014, U.S. shoppers have the opportunity to save more than $5 billion dollars by using deal and offer websites during the upcoming holiday season. According to a new study from RetailMeNot and Dr. Jason Abrevaya, Ph.D., economics department chair at the University of Texas at Austin, consumers have the potential to save more than $200 an hour while using RetailMeNot.com, or $34 in 10 minutes.

September 29, 2014

Microsoft said it will open 10 stores across the United States in time for the upcoming holiday season.

Redmond, Wash. – Microsoft said it will open 10 stores across the United States in time for the upcoming holiday season. In addition, the tech giant announced it will open its first flagship location, on Fifth Avenue in Manhattan. The location, currently home to a Fendi shop, is just a few blocks south of an Apple store.

September 29, 2014

A federal judge has reportedly rejected an Aug. 29 settlement of a lawsuit over the pay received by co-CEO Michael Jeffries.

New Albany, Ohio – A federal judge has reportedly rejected an Aug. 29 settlement of a lawsuit over the pay received by co-CEO Michael Jeffries. According to Reuters, U.S. District Judge James Graham in Columbus, Ohio, said shareholders belonging to the City of Plantation, Florida Police Officers' Employees' Retirement System, who challenged the $140 million in pay and additional travel expenses Jeffries has received since 2007, give up too much in the settlement.

September 26, 2014

Last Christmas Eve, Amazon received a patent for “anticipatory package shipping” that describes a method for shipping a package of one or more items to the end destination’s geographical area without specifying the delivery address at time of shipment, but the final destination is defined en route.

By Bill Davis, Director, MB&G Consulting

September 26, 2014

Strategist, adviser, communicator, futurist: Retail chief financial officers have seen their role broaden so much in recent years that, in some cases, they have become virtual partners with the CEO. Once responsible primarily for financial stewardship, the CFO is embracing a growing number of additional roles encompassing strategic planning, technology and perhaps even a bit of crystal ball gazing. Some are even taking on COO functions.

One thing is certain: CFOs are not just number crunchers any more.

September 26, 2014

resident Barack Obama announced his intention to appoint Matthew Rubel to an additional term as a member of the Advisory Committee for Trade Policy and Negotiations, a key Administration advisory post.

Washington, D.C. -- President Barack Obama announced his intention to appoint Matthew Rubel to an additional term as a member of the Advisory Committee for Trade Policy and Negotiations, a key Administration advisory post.   

Rubel is currently a senior advisor at TPG Capital.  Previously, he was chairman, president and CEO of Collective Brands, from 2005 to 2011. Rubel was CEO of Cole Haan from 1999 to 2005.

September 26, 2014

Broadening responsibilities at a business brings with it an exponential increase in worries. And retail is no exception. As CFOs have become more forward-looking and strategic, their concerns have grown beyond retail basics to also encompass such issues as growing competition, data security, regulatory affairs, global economic health and globalization.

September 26, 2014

Aussie apparel brand Cotton On is as much about fun-fashion as it is about fast-fashion. The Geelong, Victoria-based brand operates more stores in the United States (124) than Zara and Uniqlo combined, and is an international behemoth with more than 1,300 stores operating globally under 10 different banners, including the 522-unit Cotton On, Cotton Body, Cotton On Kids, FREE by Cotton On and Rubi Shoes.

September 25, 2014

The U.S. Postal Service (USPS) reportedly wants to expand a pilot of a grocery delivery service it has been testing with Amazon.com in the San Francisco area.

Washington, D.C. – The U.S. Postal Service (USPS) reportedly wants to expand a pilot of a grocery delivery service it has been testing with Amazon.com in the San Francisco area. According to the Wall Street Journal, the USPS has applied to run a two-year test of the service.

September 25, 2014

Sears Canada Inc. announced that Douglas C. Campbell, president and CEO, intends to resign and return to the United States by yearend for “personal family” issues.

Toronto -- Sears Canada Inc. announced that Douglas C. Campbell, president and CEO, intends to resign and return to the United States by yearend for “personal family” issues. Campbell, formerly COO of Sears Canada, was appointed to the top spot in September 2013, after former head Calvin McDonald quit.  

Campbell was charged with turning around a struggling chain, which has seen eight years of falling sales.

September 25, 2014

Woolrich, the Pennsylvania-based outerwear and lifestyle brand, has opened its first-ever freestanding store, in New York’s SoHo neighborhood.

New York -- Woolrich, the Pennsylvania-based outerwear and lifestyle brand, has opened its first-ever freestanding store in North America, in New York’s SoHo neighborhood. The two-level flagship carries  men’s and women’s clothing and accessories from the brand’s contemporary collection, Woolrich John Rich & Bros., along with menswear from the l Woolrich Woolen Mills label. The SoHo debut  follows the recent opening of three Woolrich stores in Europe, including a store in Hamburg, Germany, and Prague.

September 24, 2014

The Kroger Co. has been named to the United States Hispanic Chamber of Commerce (USHCC) Million Dollar Club. Introduced by the USHCC in 2010, the Million Dollar Club recognizes corporations that are leaders in supplier diversity and integrating Hispanic business enterprises into their strategic sourcing and procurement process.

Cincinnati – The Kroger Co. has been named to the United States Hispanic Chamber of Commerce (USHCC) Million Dollar Club. Introduced by the USHCC in 2010, the Million Dollar Club recognizes corporations that are leaders in supplier diversity and integrating Hispanic business enterprises into their strategic sourcing and procurement process.  

September 24, 2014

Starbucks Corp. will acquire the remaining shares of its Japanese joint venture, Starbucks Coffee Japan, for $913 million to accelerate growth across multiple channels in the country, including the introduction of new concepts such as Teavana.

Seattle -- Starbucks Corp. will acquire the remaining shares of its Japanese joint venture, Starbucks Coffee Japan, for $913 million to accelerate growth across multiple channels in the country, including the introduction of new concepts such as Teavana. The acquisition is the largest to date made by Starbucks. Japan is the company’s second-largest market in store sales after the United States.

“Full ownership in this market is the right approach for the future," said Troy Alstead, COO, Starbucks, in a conference call with analysts.

September 23, 2014

PayItSimple, a new service that lets consumers charge any purchase on their existing credit cards and pay it back in monthly, interest-free installments, has launched in the U.S.

New York - PayItSimple, a new service that lets consumers charge any purchase on their existing credit cards and pay it back in monthly, interest-free installments, has launched in the U.S. PayItSimple supports an omnichannel shopping experience and is available for e-commerce, brick-and-mortar, mobile and all other payment platforms.

September 22, 2014

Sportsman's Warehouse is expanding with new locations in Sheridan, Colorado and Flagstaff, Arizona.

Midvale, Utah - Sportsman's Warehouse is expanding with new locations in Sheridan, Colorado and Flagstaff, Arizona. The Sheridan store will be the fifth Sportsman's Warehouse location in the state of Colorado and the Flagstaff location will be the fourth location in the state of Arizona.

Both of these stores are planned to open in the summer 2015. These locations are part of the eight new stores that Sportsman's Warehouse plans to open in 2015.

September 19, 2014

The U.S. payments market is getting a new player: Klarna, a Swedish e-commerce company focused on simplifying buying, plans to expand to the U.S. market in early 2015.

Stockholm -- The U.S. payments market is getting a new player: Klarna, a Swedish e-commerce company focused on simplifying buying, plans to expand to the U.S. market in early 2015. The nine-year old company has an impressive track record in Europe that includes more than 25 million users and 45,000 retailers including Asos, Spotify and Zara.

September 15, 2014

While the majority of consumers prefer to both shop and spend their money in brick-and-mortar retail stores, more than 60% are increasing their online shopping activities, according to a survey of 1,515 consumers by digital marketing firm SmartFocus.

New York - While the majority of consumers prefer to both shop and spend their money in brick-and-mortar retail stores, more than 60% are increasing their online shopping activities, according to a survey of 1,515 consumers by digital marketing firm SmartFocus. This trend is most prevalent among women (71%) and Millennials.

September 9, 2014

Taking aim at other digital payment platforms such as PayPal, Apple on Tuesday released a mobile payment platform called Apple Pay that will let consumers pay for purchases using their iPhones — or the new Apple Watch.

Cupertino, Calif. -- Taking  aim at other digital payment platforms such as PayPal, Apple on Tuesday released a mobile payment platform called Apple Pay that will let consumers pay for purchases using their iPhones — or the new Apple Watch. With the bold pronouncement “Wallet, your days are numbered,” Apple debuted the new service at its new products presentation in Cupertino, Calif., during which it also unveiled the iPhone 6, the larger-sized iPhone 6 Plus, and the long-awaited Apple Watch.

September 9, 2014

The Yankee Candle Company is working with Michael C. Fina on the design and deployment of Yankee Candle’s employee recognition program.

Long Island City, N.Y. -- The Yankee Candle Company is working with Michael C. Fina on the design and deployment of Yankee Candle’s employee recognition program.

Michael C. Fina is helping Yankee Candle celebrate their employees’ company achievements and milestones, including service anniversaries, with a dedicated recognition program designed to align with Yankee Candle’s corporate goals and unique work culture.

September 8, 2014

Chinese e-commerce giant Alibaba Group Holding Ltd. has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) that media reports indicate could be worth as much as $24.3 billion, making it the biggest U.S. initial public offering ever.

New York – Chinese e-commerce giant Alibaba Group Holding Ltd. has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) that media reports indicate could be worth as much as $24.3 billion, making it the biggest U.S. initial public offering ever.

According to Bloomberg, Alibaba is seeking a valuation as high as $162.7 million, in the upper end of the proposed price range and higher than that of any other public Internet company in the U.S. except Google and Facebook.

September 8, 2014

S. Truett Cathy, founder and chairman emeritus of Chick-fil-A Inc., died at the age of 93 on Sept. 8.

Atlanta - S. Truett Cathy, founder and chairman emeritus of Chick-fil-A Inc., died at the age of 93 on Sept. 8.

Cathy got his start in 1946, when he opened a diner in a suburb of Atlanta. He invented the Chick-fil-A sandwich in 1964 and opened the company's first restaurant in Atlanta in 1967. Under his leadership, the quick-serve eatery grew into one of the nation’s largest family-owned companies, with annual sales of $5 billion in 2013. Currently, there are more than 1,800 Chick-fil-A restaurants operating in 40 states and Washington, D.C.

September 8, 2014

CVS Health has completed the purchase of Miami-based Navarro Discount Pharmacy, the largest Hispanic-owned drugstore chain in the U.S.

Woonsocket, R.I. - CVS Health has completed the purchase of Miami-based Navarro Discount Pharmacy, the largest Hispanic-owned drugstore chain in the U.S. The acquisition includes Navarro's 33 retail drugstore locations and Navarro Health Services, a specialty pharmacy serving patients with complex or chronic diseases.

The retail drugstores will retain the Navarro Discount Pharmacy name.

September 5, 2014

California is on track to become the first state in the United States to impose a statewide ban on single-use plastic bags.

New York -- California is on track to become the first state in the United States to impose a statewide ban on single-use plastic bags. Lawmakers passed the bill last week, and California governor Jerry Brown on Thursday said he would probably sign it into law.  

The legislation would ban single-use plastic bags from supermarkets and drug stores in 2015, and from convenience and liquor stores in 2016. The bill would allow stores to charge 10 cents for paper or reusable bags.

September 5, 2014

Starbucks Coffee Company will launch two new store formats in fiscal 2015, include a smaller-format concept aimed at urban commuters and a more premium store concept — Starbucks Reserve Roastery and Tasting Room — dedicated to the chain’s highbrow Reserve brand of coffees.

Seattle - Starbucks Coffee Company will launch two new store formats in fiscal 2015, include a smaller-format concept aimed at urban commuters and a more premium store concept — Starbucks Reserve Roastery and Tasting Room — dedicated to the chain’s highbrow Reserve brand of coffees.

September 3, 2014

Claire Watts has resigned from her role as CEO of QVC's U.S. operations, effective Sept. 5, to pursue other opportunities.

West Chester, Pa. - Claire Watts has resigned from her role as CEO of QVC's U.S. operations, effective Sept. 5, to pursue other opportunities.

With Watts' departure, the senior U.S. leadership team, including Doug Howe, executive VP merchandising & planning, Mary Campbell, executive VP commerce platforms, and Rob Muller, senior VP U.S. strategic planning & analytics, will report to Mike George on an interim basis as QVC seeks to optimize its long-term management structure.