Retail Executive News

05/17/2013 - 12:07pm
Former Tuesday Morning CEO files discrimination lawsuit again ex-employer

Kathleen Mason, former CEO of Tuesday Morning, has filed a lawsuit against her ex-employer in Dallas District Court claiming discrimination.

05/17/2013 - 9:26am
Another big loss for J.C. Penney as sales plunge 16.4%

J.C. Penney Co. reported a deeper-than-expected loss of $348 million for its first quarter, compared to $163 million in the year-ago period, amid a 16.4% decline in revenue.

05/16/2013 - 4:24pm
ULI Report: Gen Y shoppers still flocking to stores

Despite being the most tech-savvy generation in history, Generation Y, the 80-million strong cohort of Americans between the ages of 18 and 35, has not forsaken shopping in stores for online purchasing – as long as retailers keep their offerings "fresh" and interesting, according to a new report from the Urban Land Institute (ULI).

05/16/2013 - 10:33am
Retailers Must ‘Think Visual’

Among the many albums released by legendary rock band The Kinks, “Think Visual” stands as a forgettable collection of generic hard rock songs released in the mid-1980s, when the British Invasion pioneers were long past their creative prime and worn down from years of infighting.

05/16/2013 - 10:26am
SDL Survey: Consumers expect same pricing, discounts and sales across channels

Sixty-nine percent of shoppers expect a brand’s online store, mobile app and physical store to offer same pricing, discounts and sales, according to a survey by SDL that looked at the mobile and social media habits of consumers in the United States, United Kingdom, Australia and Singapore.

05/16/2013 - 9:56am
Wal-Mart’s Q1 sales, profit disappoints; issues tepid Q2 outlook

Wal-Mart Stores on Thursday reported profit and sales that were just below Wall Street expectations as the giant retailer struggled with a number of issues that impacted its U.S. sales, from the payroll tax increase to an unseasonably cold spring to delayed tax returns.

05/15/2013 - 5:28pm
NRF criticizes Bangladesh safety accord

The National Retail Federation on Wednesday criticized a fire-and-building safety agreement for Bangladesh, led by labor groups such as Europe's IndustriALL.

05/15/2013 - 5:26pm
Kroger DC converting food waste to clean energy

The Kroger Co. unveiled a clean energy production system that will convert food that can't be sold or donated into clean energy to help power its Ralphs/Food 4 Less distribution center in Compton, Calif.

05/15/2013 - 5:24pm
IBM: Mother’s Day mobile sales up 23%

Consumers shopping online for Mother’s Day gifts was up 15%, spurred by mobile commerce growth of 23% over 2012, according to IBM’s Digital Analytics Benchmark, a cloud-based analysis of the online retail market.

05/15/2013 - 5:20pm
Mall of America unveils new logo and tagline

Mall of America, the nation's largest retail and entertainment destination, has unveiled a new logo and tagline.

© 2013