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Strategy

  • GameStop not playing around when it comes to payments

    GameStop, which has long been known as an innovative company, has become one of the first major retailers to accept Google's new mobile payment system.

    GameStop has announced that customers can start using Android Pay, which was rolled out by Google only on Thursday, immediately to pay for purchases in its more than 4,200 U.S. video game stores. GameStop has already completed a nationwide rollout of Android Pay, which uses the NFC feature on mobile devices to allow users to transform mobile payments with an easy and secure way to pay. 

  • Mattress Firm in corporate restructuring

    Houston -- The integration of the Sleep Train organization into Mattress Firm continues as the firm works to drive future growth.

    Mattress Firm Holding Corp. announced that Ken Murphy has been promoted to president and Rob Killgore to COO.

  • A supplier with too many eggs in Target’s basket

    Dependent on Target for 43% of its revenue, licensed apparel company Cherokee Global Brand saw its market value obliterated after disclosing Target would not renew a decades old relationship.

  • Kroger’s winning ways continue in Q2

    Cincinnati -- For almost 12 years, Kroger has reported same-store sales growth every quarter. And they did it again Friday.

    The supermarket giant reported net earnings of $433 million, or $0.44 per diluted share, and identical supermarket sales growth, without fuel, of 5.3% in the second quarter of fiscal 2015.
     

  • New honor for Container Store chief

    Kip Tindell, co-founder, chairman and CEO of The Container Store, has joined a global list of who’s who in retailing.

  • State of the Industry Report from WD Partners and Top 100 Retailers list

    This special report by WD Partners examines one of the most crucial questions confronting the retail industry:  the role of the physical store in a digital age. It provides a call to action for a new retail experience, and offers insights and guidance on how retailers can position themselves for success in this new age.

    Click here to download the report.
     

  • Crocs CFO leaving to join West Marine

    Crocs Inc. has a new interim finance chief after its CFO resigned to take the same position at West Marine.

    Jeff Lasher, who joined Crocs in 2009 and was named chief financial officer in 2011, will remain with the company through early November. Lasher plans to join West Marine, Inc. as chief financial officer in November.

  • Off-price retailer remembers 9/11 and city with mural

    New York -- The storefront of Century 21 Department Stores’ flagship in lower Manhattan has been given a stunning makeover to honor the city and in remembrance of the 9/11 terrorist attack.

    The off-price retailer has partnered once again with internally famous street artist Thierry Guetta (commonly referred to as Mr. Brainwash), who has painted a vibrant mural on a 65-sq.-ft. by 225-sq.-ft. wall on the flagship’s façade. The store is in the financial district and close to where the World Trade Center once stood.   

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