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January 30, 2015

DSW Inc. is shifting titles and responsibilities within its executive ranks, with all changes effective Feb. 2. 

DSW Inc. is shifting titles and responsibilities within its executive ranks, with all changes effective Feb. 2.

Carrie McDermott, currently executive VP, sales and operations, will be appointed executive VP and COO.

In addition, Bill Jordan, currently executive VP and general counsel, will be appointed executive VP and chief administrative officer, adding IT to his portfolio of responsibilities.

Roger Rawlins, executive VP, omnichannel, will be appointed executive VP and chief innovation officer.

January 30, 2015

Kohl’s rolled out two omnichannel campaigns in January underscoring the company’s stated focus on giving back to the community.

Kohl’s rolled out two omnichannel campaigns in January underscoring the company’s stated focus on giving back to the community.

The company says it will award $400,000 in scholarships and prizes to more than 2,500 students who have made a positive impact on their communities. Nominations for kids ages 6 to 18 will be accepted until March 13 at kohlskids.com and in stores.

January 30, 2015

Macy’s hopes to ignite passion for the National Heart Association with its Go Red For Women promotions. 

Macy’s hopes to ignite passion for the National Heart Association with its Go Red For Women promotions.

The retailer, a founding national sponsor of American Heart Association’s Go Red For Women campaign, will offer merchandise and in-store events this February, all fashioned to bring awareness and funds to the cause of women’s heart health.

January 30, 2015

The Kroger Co. is getting more accolades from the U.S. Environmental Protection Agency, this time for its efforts to reduce food waste.  

The Kroger Co. is getting more accolades from the U.S. Environmental Protection Agency, this time for its efforts to reduce food waste.  

January 30, 2015

Tuesday Morning CEO Michael Rouleau declared the company’s turnaround complete after same store sales popped 7.6% and operating profits surged 32% during the second quarter ended Dec. 31. 

New day dawning at Tuesday Morning Tuesday Morning CEO Michael Rouleau declared the company’s turnaround complete after same store sales popped 7.6% and operating profits surged 32% during the second quarter ended Dec. 31.

The operator of 800 stores reported that the same store sales increase was as a result of a 7.7% increase in customer transactions, offset by a 0.1% decrease in average ticket. Sales at the 31 stores relocated during the past 12 months increased approximately 50% and contributed 140 basis points to the comparable store sales increase of 7.6%.

January 30, 2015

Hundreds of retail industry power players and leaders helped the National Retail Federation raise $1.2 million for student scholarships at a gala in New York City.

Hundreds of retail industry power players and leaders helped the National Retail Federation raise $1.2 million for student scholarships at a gala in New York City.

January 30, 2015

It's the end of an era for Safeway and Albertsons, as the companies announced they have completed their merger, ending a nearly year-long process that began in 2014.

It's the end of an era for Safeway and Albertsons, as the companies announced they have completed their merger, ending a nearly year-long process that began in 2014.

AB Acquisition LLC, the owner of Albertson's and New Albertson's, Inc., will acquire all outstanding shares of Safeway. The merger will create a diversified network that includes 2,230 stores, 27 distribution facilities and 19 manufacturing plants with more than 250,000 employees across 34 states and the District of Columbia.

January 29, 2015

With the Internet of Things (IoT) comes yet another technology-driven advancement that challenges businesses with promising opportunities and potentially vexing responsibilities. Thus, a solid understanding of best practices for customer data privacy and security will help those who collect, store and use the data to manage the IoT’s potential risks and rewards.

With the Internet of Things (“IoT”) comes yet another technology-driven advancement that challenges businesses with promising opportunities and potentially vexing responsibilities. In particular, manufacturers and retailers who plan to sell (or are already selling) IoT devices increasingly face consumer questions about data security and privacy.

January 29, 2015

A stronger than average flu season helped Rite Aid post an increase in same store sales for January.

A stronger than average flu season helped Rite Aid post an increase in same store sales for January.
 
The company reported a 4.8% increase in same-store sales for the four weeks ended Jan. 24. Rite Aid's January front-end same-store sales increased 2.9%.
 
January 29, 2015

Amazon’s Prime membership seemed to be the golden ticket to stronger sales for the e-commerce giant in the fourth quarter. 

Amazon’s Prime membership seemed to be the golden ticket to stronger sales for the e-commerce giant in the fourth quarter.

January 29, 2015

Many U.S. retailers have difficulty being successful in the Great White North of Canada. Now that Target is exiting, can Walmart fill the gap? A new article suggests that it can, if Walmart works at it hard enough.

Many U.S. retailers have difficulty being successful in the Great White North of Canada. Now that Target is exiting, can Walmart fill the gap? A new article suggests that it can, if Walmart works at it hard enough.

Financial blog The Motley Fool reports that Walmart can succeed where Target failed. 

January 29, 2015

Neither a surge in online sales nor a rebounding U.S. economy has been enough to lift Ikea, as the global furnishings retailer reported flat profits for 2014.

Neither a surge in online sales nor a rebounding U.S. economy has been enough to lift Ikea, as the global furnishings retailer reported flat profits for 2014.

Ikea, which operates 315 stores in 27 countries, said net profit for its fiscal year through August rose 0.4% from the previous year to $3.76 billion, far slower than the 3% growth the retailer logged last year, and its 8% growth in 2012.

Analysts say the results show that IKEA is sticking to its strategy of lowering prices and broadening its e-commerce offering.

January 29, 2015

Overstock.com rode the wave of e-commerce during the holidays to an 18% increase in profits.

Overstock.com rode the wave of e-commerce during the holidays to an 18% increase in profits.

The online retailer said fourth-quarter revenues rose 18.3% to $470.4 million as the e-commerce heavyweight increased its average order size to $159.

The retailer also said its gross margin increased by 0.2% to 18.2% due to improved warehouse efficiency, lower inbound freight costs and reduced credit card fees.

January 29, 2015

Jones New York is closing all of its stores, discontinuing its wholesale business and will look at strategic alternatives for its brand, the company said.

Jones New York is closing all of its stores, discontinuing its wholesale business and will look at strategic alternatives for its brand, the company said.

The women's clothing company said it is making the move after a review of its recent performance and outlook.

January 29, 2015

Sluggish traffic and weak performance in the consumer electronics segment led Hhgregg to post a drop in same store sales in the third quarter. 

Sluggish traffic and weak performance in the consumer electronics segment led Hhgregg to post a 6.3% drop in same store sales in the third quarter.

The retailer reported a loss in profits from the prior year period and missed Wall Street expectations for both profit and revenue. Hhgregg posted a net loss of $86.9 million, compared to net income of $5.05 million, which was a wider loss than projected by analysts.

January 29, 2015

Gap Inc. has implemented yet another management shake-up, this time eliminating its creative director.

Gap Inc. has implemented yet another management shake-up, this time eliminating its creative director.

Rebecca Bay, whom the apparel retailer brought in from Hennes & Mauritz in September 2012 to help revive its namesake brand, has left the company.

The retailer also said that it has named Gap Inc. veteran Scott Key as general manager of customer experience, overseeing a newly created e-commerce and marketing organization, as the company aims to sharpen its focus on customers.

January 29, 2015

Reebok is pushing the envelope once again with a bold new digital marketing campaign.

Reebok is pushing the envelope once again with a bold new digital marketing campaign. 

At the heart of the retailer’s digital campaign is the “Be More Human Experience,” an online destination where fitness enthusiasts can challenge and define what it is to be human. 

January 29, 2015

Toys "R" Us is expanding its partnership with the Special Olympics with a whopping $1.25 million commitment toward sponsoring the 2015 Special Olympics World Games.

Toys "R" Us is expanding its partnership with the Special Olympics with a whopping $1.25 million commitment toward sponsoring the 2015 Special Olympics World Games.

The Games, which will welcome 7,000 athletes and 3,000 coaches representing 177 countries, to Los Angeles, Calif., from July 25 to Aug. 2, is the flagship event of the Special Olympics and biggest sporting event of the year. The 2015 World Games marks the first time in 16 years that the Summer World Games have been held in the United States.

January 29, 2015

Tractor Supply pulled off double-digit sales growth for the fourth quarter and full year ended Dec. 27, 2014, a picture that CEO Greg Sandfort attributed to balanced progress. 

Tractor Supply pulled off double-digit sales growth for the fourth quarter and full year ended Dec. 27, 2014, a picture that CEO Greg Sandfort attributed to balanced progress.

January 29, 2015

Seven weeks into her new role as chief operating officer of Walmart’s U.S. stores division Judith McKenna shared insights into her priorities for the retailer’s domestic business with a gathering of more than 400 suppliers Friday morning.

Seven weeks into her new role as chief operating officer of Walmart’s U.S. stores division Judith McKenna shared insights into her priorities for the retailer’s domestic business with a gathering of more than 400 suppliers Friday morning.

January 29, 2015

Walmart shoppers who read Harlequin novels and who also have a fondness for bull riders are in for a treat. 

Walmart shoppers who read Harlequin novels and who also have a fondness for bull riders are in for a treat.

January 28, 2015

While the monetary value of Bitcoin has had its ups and downs (and will likely continue to in the near future), the technological value and the transactional advantages of using the digital currency remain reliable and increasingly promising.

While the monetary value of Bitcoin has had its ups and downs (and will likely continue to in the near future), the technological value and the transactional advantages of using the digital currency remain reliable and increasingly promising.

January 28, 2015

After seeing Apple’s first quarter sales, it’s no wonder more retailers are adopting a mobile-first mindset. 

After seeing Apple’s first quarter sales, it’s no wonder more retailers are adopting a mobile-first mindset.

The Cupertino, Calif.-based company reported a far better-than-expected 29.5% jump in quarterly revenue, driven by record sales of the new iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China.

January 28, 2015

As more retailers work to unify their physical and digital capabilities in a more effective way, BCBGMaxazria Group is expanding its omnichannel strategy. 

As more retailers work to unify their physical and digital capabilities in a more effective way, BCBGMaxazria Group is expanding its omnichannel strategy.

The retailer says it is expanding its relationship with Demandware to advance its omnichannel commerce strategy.

January 28, 2015

Patients in Kansas and Louisiana will be able to get help with medication counseling, chronic disease monitoring and wellness programs at CVS Health pharmacies and MinuteClinics under a new agreement.

Patients in Kansas and Louisiana will be able to get help with medication counseling, chronic disease monitoring and wellness programs at CVS Health pharmacies and MinuteClinics under a new agreement.