News & Media
Apple's positive earnings report has the iPhone to thank
October 26, 2012
Apple announced in its quarterly earnings report that profit rose 24 percent to $8.22 billion, but product overhauls will put pressure on profit margins.
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Olympics not a win for Redbox
by Natalie Gagliordi — Editor of KioskMarketplace.com, Networld Media Group
A lack of new releases for Redbox and high Olympic viewership led to a stagnant Q3.
read nowUK retail sector shows job growth
October 25, 2012
The British Retail Consortium announced today that retail employment rose by 2.9 percent in the third quarter of 2012 compared with the year prior, marking the…
read nowTarget finally sells its credit card business
October 24, 2012
Target agreed to sell its credit card portfolio to Toronto-Dominion Bank, nearly two years after the retailer said it wanted to unload the business, according…
read nowBarnes & Noble admits to hacker attack
October 24, 2012
Barnes & Noble customers should be closely watching their credit card statements following a recent hacker attack on the bookseller. According to reports…
read nowIndex: Overall consumer confidence at highest point in five years
October 24, 2012
According to the latest CEA Index released this week by the Consumer Electronics Association, consumer confidence in the overall economy increased in October…
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Retail, restaurants drive big business with loyalty programs
by Christopher Hall — w, t
Loyalty programs offer a way to build relationships with customers, and gather mission critical insight into their behavior.
read nowBest Buy begins roll out of audio kiosk program
October 24, 2012
Turtle Beach, a provider of gaming headsets, and Best Buy are launching an in-store interactive kiosk program that delivers a fully interactive and educational…
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For Abercrombie CEO, jet setting no brief affair
by Lisa Biank Fasig — Director, JZMcBride and Associates
At a cost of $200,000 a year, you'd think the cabin crew of Abercrombie & Fitch’s corporate jet could at least get to wear regular shoes.
read nowIKEA announces plans to go green by 2020
October 23, 2012
IKEA announced today that it will shift to renewable energy by 2020 as part of a preservation plan that has won support from environmentalists, according to a…
read nowRetail sales in Canada increase slightly in some sectors
October 23, 2012
Canadian retail sales rose 0.3 percent in August, according to numbers released by Statistics Canada, but the offset from higher food and gas prices resulted…
read nowRetailers discuss importance of multichannel at Wincor World 2012
October 23, 2012
Multichannel retailing remains a focus for global retailers, according to a post on fashionunited.co.uk, as stores fight to boost relevance by enhancing the…
read nowFinish Line selects Oracle to improve operations and customer experience
October 23, 2012
Finish Line announced today that it has selected Oracle Retail Merchandising, Planning and Stores solutions to support its growth strategy across 640 stores.
read nowWalmart faces new lawsuit as Black Friday walkout threats continue
October 22, 2012
As employee walkout threats loom for Walmart, a new lawsuit filed today in Chicago accused the retailer and two staffing agencies of requiring temporary…
read nowStudy: Grocery shoppers want stocked shelves, clean stores
October 22, 2012
A recent study by The Retail Feedback Group reveals that out-of-stocks are the most important overall element that impact satisfaction with the grocery trip…
read nowGen Y the target of Macy's brand expansion
October 19, 2012
Macy's is putting high priority on Generation Y with the retailer's implementation of its Millennial initiative. According to an announcement from the store…
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A Starbucks pop-up serves latte lessons in Japan
by Cherryh Cansler — Editor, FastCasual.com
More than 20,000 customers poured in during the pop-up's short stay.
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Starbucks opens flagship store in Mumbai
October 19, 2012
Tata Starbucks Limited, the 50/50 joint venture between Starbucks Coffee Company and Tata Global Beverages Limited, today opened the doors to the first…
read nowNCR releases Q3 earnings, profits top $57 million
October 19, 2012
NCR's third-quarter earnings soared as the company reported continued growth at its financial services and hospitality segments.
read nowScan and Go crosses the pond, piloted in London Sainsbury's
October 18, 2012
Sainsbury's supermarket in London is currently testing the Scan and Go self-checkout app that made headlines here in the U.S. when Walmart piloted the program.
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