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Strategy

  • Study: E-commerce fraud risk varies by location

    When it comes to fraudulent online transactions, one state in particular may warrant a little extra attention from retailers.

    Analysis of millions of 2015 e-commerce transactions by Experian indicates Florida is the overall riskiest state for billing fraud, followed by Delaware; Washington, D.C.; Oregon and California. Billing fraud states are determined by where the consumer whose information was illegally used resides.

  • Report: Sports Authority may sell stores to Dick's Sporting Goods

    Sports Authority Inc., which is reportedly preparing to file for bankruptcy, has discussed selling stores and intellectual property to rival chain Dick’s Sporting Goods Inc. and other parties, according to Bloomberg.

    Sports Authority, once the largest sporting-goods retailer in the U.S., is heading toward default after years of losing ground to competitors. The Englewood, Colorado-based chain missed a Jan. 15 interest payment on some of its debt and failed to make the payment during a 30-day grace period.

  • Pet Supplies Plus in expansion drive

    Pet Supplies Plus will target California as part of its strategic growth plan for 2016.

    The nation’s largest pet franchise, which has more than 330 locations in 26 states, announced it will expand into the Golden State to grow its base of multi-unit franchise partners.

  • Dollar Tree misses in Q4 despite sales boost from Family Dollar

    Dollar Tree on Tuesday credited sales at its Family Dollar division as helping to boost the company’s overall results for the fourth quarter. But the increase still fell short of analysts expectations.

    Sales for the quarter ended Jan. 30 totaled $5.37 billion, a 116.7% increase from the year-ago period but still less than expected. The boost in revenue was the result of $2.68 billion in sales from the Family Dollar segment.

  • Albertsons sets goal for cage-free eggs by 2025

    Albertsons is joining other major retailers in working with its suppliers toward a goal of sourcing only cage-free eggs for its store operations.

    The company, among the first and largest in the conventional retail grocery sector to make such a commitment, is making the move not only as part of its ongoing commitment to animal welfare but also in response to customer buying habits.

  • A Children’s Place's Ezra Dabah returns with online shopping service for young girls

    Young girls are notoriously picky about what they wear, and a new online shopping service founded by the former chairman and CEO of A Children’s Place is looking to do something about it.

  • Rite Aid's 'Innovation Challenge' yields unique DME product

    Rite Aid on Monday selected the Tri-Tip Walking Cane, an ergonomic walking cane, as the winner of the first-ever Innovation Challenge and will develope and sell the Tri-Tip Walking Cane in Rite Aid stores and online.

  • Lumber Liquidator woes continue in Q4

    Things were worse than expected for Lumber Liquidators in the fourth quarter, which experienced decreased customer activity that was likely due to cancer-related concerns over its laminate flooring.

    Net sales for the quarter ended Dec. 31, 2015 were down 13.7% year-over-year to $234.8 million, including a comparable store net sales decline of 17.2% that was based on a 15.6% decrease in customer count and a 1.6% decrease in the average sale.

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