Target has a rosier outlook on 2018 thanks to holiday sales

A robust holiday sales season has Target revamping its expectations for the fourth quarter, raising its fourth quarter and full-year 2017 EPS guidance. The reasons for the higher expectations are stronger than expected sales in late 2017 and the recently-enacted...

JD.com debuts first store in new high-tech supermarket chain

Chinese ecommerce player JD.com is opening the first of what will be a chain of high-tech supermarkets in Beijing. A Bloomberg report stated the strategy is JD.com's move to battle Alibaba Group Holding in the physical retail segment. The stores,...

Macy's to slash 5,000 jobs despite solid holiday sales

Despite a boost in holiday sales this past season Macy's expects to cut 5,000 jobs and close seven stores. The news, according to a USA Today report, comes after the retailer announced holiday sales, in stores at least one year...

Sears adds 103 stores to closure list

In addition to 63 planned store closures, Sears expects to shutter another 103 by April of this year. The closing store list includes 64 Kmart locations and 39 Sears locations, according to a Business Insider report. That will leave Sears...

Star Micronics, Sophatar launch digital signage service

Star Micronics and Sophatar are launching a digital signage service, called Sophatar POS Signage, for all Star Cloud Services members. Customers can sign up for the monthly service now available on the Star Cloud Services dashboard. The service automatically creates...

Store closures will hit 12K in 2018

The start of the new year will bring a "rash" of bankruptcy filings and store closing announcements, according to a Business Insider report that cited data from Cushman & Wakefield. More than 12,000 stores will shutter their doors, about 3,000 more than in 2017. The bankruptcy list, according to BI, includes Sears, Stein Mart and Bon-Ton Stores.

Indian hospital services kiosk offers pay services, info

The Rashtriya Ispat Nigam Limited — Visakhapatnam Steel Plant, a public enterprise of the Ministry of Steel in India, has introduced an employee information kiosk at Visakha Steel General Hospital, according to steelguru.com. Sri KC Das, personnel director, said more...

Tax bill may impact retailer strategy in several ways

Retailers will likely be hiring less workers and embracing automation technology due to the new federal tax laws. The first place to be automated will likely be the cash register, given lower new equipment costs that will come into play...

National Returns Day will be busy, claims UPS report

Tuesday, Jan. 3, is National Returns Day, and it's expected to be a record setter as UPS predicts 1.4 million items will be returned.

Malta taps Media mea interactive outdoor displays for tourism

Media mea, a display manufacturer, has deployed 10 MECO 70-inch outdoor interactive kiosks around the Castille Place in Valletta, Malta. The kiosks will offer information, wayfinding and details on the Valetta Cultural Program, according to a press release. The city...

Another Chinese city taps Alipay for transit payment option

Xi'an is the latest Chinese city to accept Alipay on its subway system, according to local reports. The system started to accept Alipay as of Jan.

Transparent digital signage market poised for robust growth

The transparent digital signage market is expected to grow at a compound annual growth rate of 28.7 percent from 2017 to 2021, according to a report by Research and Markets. A transparent display is a glass window integrated with a...

Trump tweet: Amazon making US Postal Service dumber and poorer

President Donald J. Trump in a tweet Friday claimed mega etailer Amazon is getting richer and the United States Postal Service is getting dumber and poorer, given the low delivery fees USPS is charging the online retailer. The tweet reads:...

Kroger advancing self-checkout strategy

Supermarket chain Kroger is set to expand its self-checkout service to 400 stores in 2018, according to a report from the Cincinnati Business Courier. Kroger's Scan, Bag, Go service is similar to Walmart's effort in that it enables shoppers to...

Lowe's hires on ex Amazon leader as digital officer

Vikram Singh, a former Amazon ecommerce leader, is now Lowe's first chief digital officer. Singh will accelerate the home improvement retailer's "digital evolution," according to a ZDNet report, and focus on integrating Lowe's digital efforts with supply chain and marketing....

Walmart testing new personal shopping experience

Walmart is reportedly tapping text to provide a new personalized shopping experience for the wealthy busy mom. The mega retailer, according to a Recode report, is beta testing a new service that will give shoppers item recommendations and allow purchase...

November retail beats last year's sales by 6%

It was a happy November for retailers as sales increased 6 percent compared to a year ago, according to the National Retail Federation. Online and non in-store sales grew 10.5 percent year-over-year, according to a release, which NRF stated illustrates...

Innovative retail strategies help boost holiday sales to record-setting numbers

Holiday retail sales increased 4.9 percent over the previous year, marking the largest year-over-year increase since 2011, according to the latest Mastercard SpendingPulse report. The report, which tracks retail spending by all payment types, found that consumer confidence, innovative retail...

NYC Amtrak boosts travel experience

Amtrak is focused on helping consumers and travelers find their way around New York City's Penn Station more easily with a new "FindYourWay" app, according to a Newsday report. The app provides mobile device users information on gates, trains, exits,...

Retailers may be missing in-store sales opps, claims study

A Scandit survey reveals 74 percent of shoppers feel positive toward brick-and-mortar retailers, but a lack of digital engagement is prompting them to buy elsewhere, which means missed in-store sales. The survey polled more than 1,500 consumers in the U.S.,...

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Why Levi's isn't acting its age when it comes to retail customer experience