Content about retail

July 22, 2014

Supply chain management technology provider Data Profits Inc. is releasing the cloud-based iKis trade promotion solution that extends end-to-end promotion planning for the retail, wholesale, and grocery Industries.

Atlanta – Supply chain management technology provider Data Profits Inc. is releasing the cloud-based iKis trade promotion solution that extends end-to-end promotion planning for the retail, wholesale, and grocery Industries.

Key features of the system include electronic deal negotiation, as well as integrated pre-promotion planning, real time promotion feedback, and settlement execution.

 

July 22, 2014

Sears Outlet Stores has leased a 354,000-sq.-ft. former Sears location in Kansas City, expanding outlet store operations and services and developing a new central distribution center for the South-Central region.

Hoffman Estates, Ill. - Sears Outlet Stores has leased a 354,000-sq.-ft. former Sears location in Kansas City, expanding outlet store operations and services and developing a new central distribution center for the South-Central region. This new repair and distribution center is expected to create nearly 160 new jobs to be filled by Kansas City locals.

July 22, 2014

Actions Services Group, a national lighting maintenance, sign maintenance and electrical services company, has signed an agreement with Stage Stores for interior lighting maintenance and electrical services for three of its retail brands.

Aston, Pa. - Actions Services Group, a national lighting maintenance, sign maintenance and electrical services company, has signed an agreement with Stage Stores for interior lighting maintenance and electrical services for three of its retail brands. The three retail brands include Bealls, Goody’s and Peebles with store locations across the states of Indiana, Kentucky, Minnesota, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Virginia.

July 22, 2014

Roman Kikta, managing partner and founder of Mobility Ventures, has joined Tantrum Street’s board of directors and will provide strategic guidance for the retail technology startup as it rolls out its Cartwheel Register mobile checkout app and Skip Wallet digital wallet app to the North American market.

Dallas - Roman Kikta, managing partner and founder of Mobility Ventures, has joined Tantrum Street’s board of directors and will provide strategic guidance for the retail technology startup as it rolls out its Cartwheel Register mobile checkout app and Skip Wallet digital wallet app to the North American market.

July 22, 2014

The Vaccine Center And Travel Medicine Clinic is live on the Springboard Web-based retail platform and fully integrated with QuickBooks Online.

Las Vegas - The Vaccine Center And Travel Medicine Clinic is live on the Springboard Web-based retail platform and fully integrated with QuickBooks Online. Springboard Retail offers retailers an entirely Web-based retail management platform that is fully integrated with QuickBooks Online.

This will allow The Vaccine Center And Travel Medicine Clinic to seamlessly share data between their POS and accounting software in real time.

 

July 21, 2014

Brixmor Property Group, owner and operator of the largest wholly owned U.S. portfolio of grocery-anchored shopping centers, has leased more than 97,000 sq. ft. of retail space to five national retailers at Westminster City Center in Westminster, Colorado.

Westminster, Colo. -- Brixmor Property Group, owner and operator of the largest wholly owned U.S. portfolio of grocery-anchored shopping centers, has leased more than 97,000 sq. ft. of retail space to five national retailers at Westminster City Center in Westminster, Colorado. 

July 21, 2014

Showrooming may not be as concerning as many traditional retailers once thought. In fact, retailers who embrace clienteling and other strategies can leverage showrooming as an element of the overall all-channel experience for their customers.

By Ben Pivar, Senior VP, Retail Leader, North America, Capgemini

Showrooming may not be as concerning as many traditional retailers once thought. In fact, retailers who embrace clienteling and other strategies can leverage showrooming as an element of the overall all-channel experience for their customers. Through the use of new technologies as well as in-store and online strategies, many of those retailers who have tested clienteling have experienced a lift in customer conversion.

July 21, 2014

A former state office building near City Hall in Long Beach, California, is reportedly being torn down to make way for a seven-story, $53 million mixed use retail and residential complex.

Long Beach, Calif. – A former state office building near City Hall in Long Beach, California, is reportedly being torn down to make way for a seven-story, $53 million mixed use retail and residential complex. According to the Long Beach Press-Telegram, the vacant property was bought in foreclosure for $10 million in 2010.

July 21, 2014

Office Depot Inc. has named retail veteran Mark Cosby as president, North America.

Boca Raton, Fla. – Office Depot Inc. has named retail veteran Mark Cosby as president, North America. Cosby, 55, most recently served as president of pharmacy at CVS Caremark. He will be a member of Office Depot’s executive committee and leadership team and report to Roland Smith, chairman and CEO of Office Depot.

Cosby joins Office Depot following a 30-year career at a number of leading retail chains. Prior to CVS, Cosby spent five years at Macy’s Inc., where he served in a number of executive roles, including president, stores.

July 18, 2014

Greg Buzek, president of IHL, which tracks mobile spending and forecasts for the retail and hospitality markets, offers analysis on the recently announced IBM-Apple partnership:

New York -- Greg Buzek, president of IHL, which tracks mobile spending and forecasts for the retail and hospitality markets, offers analysis on the recently announced IBM-Apple partnership:
 
If IBM and Apple for retail were people on Facebook right now, the relationship status would say “It’s complicated."

July 17, 2014

Francesca’s will open a new store at the Town Center of Virginia Beach.

Virginia Beach, Va. -- Francesca’s will open a new store at the Town Center of Virginia Beach.

According to Divaris Real Estate, the 1,830-sq.-ft. store will be located on Main Street in the first-floor retail space of the Armada Hoffler office tower block. The grand opening is slated for first quarter 2015.

July 17, 2014

In-store mobile device integration and e-commerce solutions, as well as inventory management and predictive analytics software, are the biggest technology priorities for independent brick-and-mortar retailers.

Montreal - In-store mobile device integration and e-commerce solutions, as well as inventory management and predictive analytics software, are the biggest technology priorities for independent brick-and-mortar retailers. According to the first annual Retail Tech Forecast of 640 independent retailers from commerce platform provider LightSpeed, the percentage of retailers deploying tablets, smartphones and other mobile devices for checking out shoppers (currently 17%) is expected to increase a whopping 170% in the coming years.  

July 16, 2014

IBM and Apple have entered into a comprehensive partnership to spread advanced mobile and data analysis technology in the corporate world.

New York -- IBM and Apple have entered into a comprehensive partnership to spread advanced mobile and data analysis technology in the corporate world. The deal brings together two historic competitors.

July 16, 2014

Capri Capital Partners has formed Capri Retail Advisors, an affiliate that will focus on retail opportunities in underserved and evolving retail trade areas in strategically selected major U.S. metropolitan markets.

Chicago — Capri Capital Partners has formed Capri Retail Advisors, an affiliate that will focus on retail opportunities in underserved and evolving retail trade areas in strategically selected major U.S. metropolitan markets.

July 16, 2014

Retailers in 2014 are in a constant state of change, selling new merchandise categories to an increasingly time-pressed and ever more discerning customer. Yet many still maintain their flooring with outdated and ineffective methods that can even affect shoppers' and associates' safety.

July 16, 2014

Mid-America Real Estate Corporation’s Investment Sales team, in cooperation with NAI Farbman, recently brokered the sale of The Willits Retail in Birmingham, Michigan.

Birmingham, Mich. -- Mid-America Real Estate Corporation’s Investment Sales team, in cooperation with NAI Farbman, recently brokered the sale of The Willits Retail in Birmingham, Michigan. The 25,396-sq.-ft. asset was purchased by Southfield, Michigan-based Seligman Group.

The Willits Retail is located at the southeast corner of Willits Street and Bates Street in the Detroit suburb of Birmingham. Willits features Mitchell’s Fish Market and Cameron’s Steakhouse, together with TD Ameritrade and Darakjian Jewelers.

 

July 16, 2014

Pottery Barn and Pottery Barn Kids opened stores Tuesday, July 15 at Central Square, Bonifacio High Street, a premier retail destination in Manila, Philippines.

San Francisco – Pottery Barn and Pottery Barn Kids opened stores Tuesday, July 15 at Central Square, Bonifacio High Street, a premier retail destination in Manila, Philippines. As part of parent company William-Sonoma Inc.’s strategic global expansion, these stores are the first Pottery Barn and Pottery Barn Kids locations in Southeast Asia.

July 15, 2014

Simon has named retail and real estate executive Stephen Yalof as CEO of premium outlets and senior executive VP of Simon.

Indianapolis – Simon has named retail and real estate executive Stephen Yalof as CEO of premium outlets and senior executive VP of Simon. Yalof has served as senior VP of real estate for Ralph Lauren Corp. since 2002.
 
His 15 years of experience within the retail industry also includes his role as senior director of real estate for Gap. Yalof began his career in real estate at New Plan Realty Trust, and became VP of leasing for their factory outlet business. 

 

July 15, 2014

U.S. retail sales inched up 0.2% in June, after an upwardly revised 0.5% rise in May, the Commerce Department said Tuesday.