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News

Shoppers can earn rewards by 'endorsing' products

September 21, 2012

Endorse, an offers platform for consumer brands, announced yesterday a new capability that gives incentives for shoppers to share their use of brands through…

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JC Penney stocks plunge, financial problems continue

September 21, 2012

J.C. Penney stock suffered a blow after CEO Ron Johnson told analysts that he expects the store's financial struggles to continue during the second half of the…

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Walmart stops selling Amazon products

September 21, 2012

Following Target's lead, Walmart decided to discontinue the sale of online retailer Amazon.com products, specifically the Kindle line, according to an article…

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Opinion: Technology is a must for department store success

September 21, 2012

A blog post on the Australian website The Conversation highlighted the rocky future facing department store retail. 

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World Retail Congress highlights consumption slowdown

September 20, 2012

Somber news is coming out of the World Retail Congress in London, according to a report on marketwatch.com. 

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Retail therapy untrue, UK survey shows

September 20, 2012

Retail therapy could be just a myth, according to an article on The Daily Mail, that cites a recent study showing that a third of women hate clothes shopping.

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Nordstrom VP gives warning at conference

September 20, 2012

Nordstrom VP Jamie Nordstrom spoke last week at the shop.org conference and discussed the evolution of the department store into online sales, according to an…

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Macy's flagship face-lift upsets preservationists

September 20, 2012

Macy's department store is upsetting a few New Yorkers, according to an article in the Salt Lake Tribune.

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Oracle acquires SelectMinds, new POS and banking platform

September 19, 2012

Oracle announced yesterday that it is acquiring SelectMinds, the cloud-based talent sourcing app. 

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Retailers begin to announce seasonal hire numbers

September 19, 2012

The holiday hiring season has begun, and retailers are trickling out statistics on the numbers of new hires, according to an article on ibtimes.com. 

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Consumers still value privacy, survey shows

September 19, 2012

Consumer analytics provider LoyaltyOne has released the findings of a July survey that shows U.S. consumers are still protecting their personal information…

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Empowered consumers drive future of retail, study shows

September 18, 2012

This week in London, leading retailers are gathering for the World Retail Congress. At the center of the conversation is how the empowered consumer, or the…

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Smartphone Armageddon a real threat, article reports

September 18, 2012

With personal finance transactions moving from the PC to the smartphone, there is a growing concern with security and the temptation for skilled hackers to…

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Discount retailers turn 50

September 18, 2012

The holy trinity of discount retailers celebrates a 50th birthday this year. Kmart, Walmart and Target (coincidentally) all began selling discounted…

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Tailored store layout boosts sales at bedding retailer

September 18, 2012

The retail store Benson for Beds joined with John Evans Interior Architecture and Design to create a new concept store, focusing on layout and displays that…

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New MasterCard SDK makes developing NFC payment apps easier

September 17, 2012

Amidst the ruckus caused by Apple's exclusion of NFC from its new iPhone, payment providers are moving forward with the technology as an enabler for mobile…

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Burberry's new London flagship combines fashion and technology

September 17, 2012

British fashion house Burberry unveiled it’s first digitally-integrated retail outlet at its newly launched London flagship store. The blend of craftsmanship…

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Retail customers enjoy telling a good lie, study shows

September 17, 2012

Customers get a high amount of satisfaction when able to lie to retailers to obtain refunds, discounts or concessions, according to an article on NBCnews.com.

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