A Thursday report by Bloomberg said that U.S. consumer confidence for the week ended May 19 advanced, indicating that Americans’ outlook on the economy is optimistic.
A group of large U.S. retailers – including Macy’s, Target and J.C. Penney – filed suit against Visa and MasterCard on Thursday, abandoning a proposed $7.2 billion settlement reached last year over allegedly inflated credit card processing fees.
Leading retailers are much better than other retailers at collecting data, measuring activities, acting on their insights, and measuring again to see the results, according to A.T. Kearney’s 2013 Achieving Excellence in Retail Operations (AERO) Study.
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Exclusive Video: A Behind-the-Scenes Look at Von Maur
Chain Store Age Talks Strategy With Von Maur’s Jim von Maur
Jim von Maur, president of Von Maur department stores, based in Davenport, Iowa, sat down with Chain Store Age senior editor Katherine Boccaccio for an exclusive video interview in which he discussed the company’s growth strategy, technology investments, and the burgeoning e-commerce business.
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Editor's Viewpoint
Achieving Strategic Agility Through IT Isn’t Guesswork
By Dan Berthiaume, senior editor, Chain Store Age
A flexible approach that focuses more on solving business problems than on meeting technical specifications goes a long way toward getting the most business value from your IT investments. See full story.
Hot Concepts
Marks & Spencer Combines Clicks & Bricks in Amsterdam
British retailer Marks & Spencer takes a giant leap forward in its goal to becoming a multichannel leader with the opening of its new concept store in Amsterdam. Read More
Store of the Week
Yummy Market, in the Toronto suburb of Vaughn, offers a European-styled shopping experience. More ...
Slideshow: Retail Store of the Year Winners
Chain Store Age presents an in-depth look at the winners of its 2012 Retail Store of the Year design competition, with individual slideshows of 34 stores from around the world.
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