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Strategy

  • Study: Shoppers blame retailers for security breaches

    When it comes to security breaches, consumers are clear about who they hold responsible.

    According to a new study from retail services provider Interactions, “Security Hacks and the Lasting Impact on Retailers,” 75% of consumers believe that keeping shopper information safe is the retailer’s responsibility.

  • GameStop emerges victorious from transitional 2015

    GameStop's efforts to generate growth by diversifying its business model worked well in 2015, as the video game retailer posted its third straight year of positive comps.

  • Publix looking to enter D.C. market

    Publix has hired a broker and is actively looking for sites in the Washington, D.C., area, according to a new report. 

    The Washington Business Journal reported that the Florida-based grocery chain had a booth at the International Council of Shopping Centers’ Mid-Atlantic Dealmaking and Conference last week in Southern Maryland.  Publix spokeswoman Kim Reynolds told the publication that indeed, the chain is looking to open stores throughout Virginia, including in Northern Virginia. 

  • Ex-Walmart, Sears exec joins Conn's board

    Conn's is adding two independent directors with deep retail expertise to its board.

    The company announced that James Haworth and Oded Shein have been appointed as independent directors.

    “Jim and Oded are proven leaders with more than a half century of combined retail experience,” said Theodore M. Wright, non-executive chairman of the board, Conn’s. “They add even greater depth to our Board as we continue implementing Conn’s strategic plan.”

  • Report: Hy-Vee invests $3.6 million in new training center

    Hy-Vee invested $3.6 million in a new training center for employees and to serve as a headquarters for the Hy-Vee Aisles Online, the company's online grocery division, KCCI Des Moines reported earlier this week. "We are excited to have a creative environment and innovative tools to help grow our future store leaders," stated Denise Broderick, VP education/training for Hy-Vee. "We understand that growing and improving our workforce is crucial to our company’s continued success.

  • NRF tells Fed to lower swipe fees further

    The National Retail Federation is pressing for a further reduction in per transaction fee banks charge retailers when customers use debit cards five years after the Federal Reserve cut the fee in half.

    In a letter the National Retail Federation sent to the Federal Reserve the trade group said the cap on debit card swipe fees enacted by the Federal Reserve five years ago has helped reduce costs for retailers and consumers but is still higher than intended by Congress and should be lowered.

  • Report: Publix is looking to enter D.C. market

    Publix has hired a broker and is actively looking for sites in the Washington, D.C., area, according to a new report. The Washington Business Journal reported that the Florida-based grocery chainhad a booth at the International Council of Shopping Centers’ Mid-Atlantic Dealmaking and Conference last week in Southern Maryland. Publix spokeswoman Kim Reynolds told the publication that indeed, the chain is looking to open stores throughout Virginia, including in Northern Virginia.

  • Amazon makes it easier for customers to get their 100-inch TVs

    Amazon.com is opening a state-of-the-art distribution center in Edgerton, Kansas, to fulfill orders for large items such as refrigerators or kayaks.

    The company says the facility will create approximately 1,000 full-time hourly positions, plus many managerial and support roles to support customer fulfillment. In Kansas, Amazon currently operates facilities in Lenexa.

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