News

04/11/2014 - 16:08

The way people shop has completely changed over the past five years. A large part of this change in behavior has been driven by online access to information. Shoppers now have easy access to more product information than ever before. Yet as the modern buying experience has changed dramatically, the in-store experience at most retailers has remained frozen in time.

04/11/2014 - 14:56

Staples has partnered with 3D Systems, a leading provider of 3D content-to-print solutions, to pilot 3D printing services in two stores in New York and Los Angeles.

04/11/2014 - 12:18

Because the Easter holiday is in April this year rather than in March as it was last year, Gap already expected March to be a challenging month performance-wise.

04/11/2014 - 09:21

Guy Hayward was named CEO of Massmart to fill a position currently held by Grant Pattison, the executive who engineered the sale of a majority stake of the South African retailer to Walmart.

04/11/2014 - 08:29

In recognition of its support of national defense and the uniformed service community Safeway received the Military Officers Association of America’s highest honor.

04/10/2014 - 17:55

J&R Music and Computer World may not be a retailer with which many are familiar, but it’s been a longtime institution in Lower Manhattan. After 43 years of business, owners Joe and Rachelle Friedman this week issued pink slips to all of the retailer’s employees and closed the doors of the block-long technology and music superstore.

04/10/2014 - 17:15

Whole Foods Market might as well declare bankruptcy now judging from widespread media coverage of Walmart’s decision to sell roughly 100 organic dry grocery items under the Wild Oats brand.

04/10/2014 - 12:59

Jo-Ann Fabric and Craft Stores is teaming with the Cleveland Cavaliers for an unconventional promotion. The craft retailer will be distributing capes to fans at the second annual Superhero Night at the Cavs vs. Boston Celtics game Saturday, April 12 at 7:30 p.m. at Quicken Loans Arena.

04/10/2014 - 12:15

Family Dollar plans to close 370 underperforming stores, cut jobs and lower prices on 1,000 basic items following a disappointing second quarter, which was adversely affected by the extra week in last year's quarter, severe weather, holiday promotions and a challenging consumer environment.

04/10/2014 - 12:02

Patrick Byrne has relinquished his role as chairman of Overstock.com and Stormy Simon was named president of the online discount retailer.