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Strategy

  • NRF: Consumer spending surged 0.4% in September

    Washington, D.C. -- The National Retail Federation reported Monday that September retail sales – excluding autos, fuel and restaurants – increased a seasonally adjusted 0.4%, thanks to strong showings from clothing and electronics stores.

    Unadjusted, retail sales gained 2.1% year over year.

  • September retail sales rose more than forecast

    Washington, D.C. -- A report released Monday by the Commerce Department showed that retail sales in the U.S. climbed more than anticipated in September, boosted by unexpected increases in household spending.

    Sales advanced 1.1% in September, on the heels on a 1.2% increase in August that was the biggest since Oct. 2010. The median forecast of 77 economists surveyed by Bloomberg called for a 0.8% rise in September.

  • Webinar Today: Customer centricity at Chico's FAS

    New York -- Learn how Chico's FAS is staying ahead of the information evolution and providing personalized customer interactions at a Chain Store Age webinar on Thursday, Oct. 18 ( 2 p.m. ET, 11 a.m. PT). Bob Murray, architect of Chico's Store Technology, will discuss such top-of-mind imperatives as loyalty, mobile, and seamless digital connections with the customer in the omni-channel market space.

  • Walmart touts e-commerce moves at annual meeting

    Neil Ashe, president and CEO of global e-commerce was clearly the most excitable person on stage Wednesday at Walmart’s 19th annual analysts' meeting. And for good reason.

    Walmart created its global e-commerce group two years ago and Ashe joined the company back in January. Wednesday was his first opportunity to participate in the company’s annual analysts’ meeting and he made the most of it, slipping in a first ever reference to Walmart’s online revenues that now total $9 billion.

  • OfficeMax expands premium writing tools line

    NAPERVILLE, Ill. — OfficeMax has launched a new line of pens under its TUL brand.

    "Over the past eight years, TUL has become the preferred premium brand of writing instruments and desk accessories for many of our customers because of the great design, performance and value it provides," said Ronald Lalla, EVP and chief merchandising officer at OfficeMax. "Our new collection of TUL pens provides both consumers and business customers with multiple designs that deliver exceptional writing experiences time and time again."

  • Fujitsu, Retail Pro form POS solution

    SAN FRANCISCO — Fujitsu Frontech North America, a technology and front-end solutions provider and Retail Pro, a provider of software applications for the specialty retail industry, announced a strategic business alliance that bundles Fujitsu hardware with Retail Pro software for a total point of sale solution. The alliance features bundled, purpose-built retail solutions that are intended to address the growing specialty segment of the retail industry, by providing sleek hardware, simplified software integration and rapid deployment for customers.

  • Sears Holdings completes divestment of Hometown, Outlet businesses

    HOFFMAN ESTATES, Ill. —-- Sears Holdings has successfully separated out its Sears Hometown and Outlet Sores businesses.

  • Dollarama adds new director to board

    MONTREAL — Canadian dollar-store chain, Dollarama, has named Richard Roy as an independent director of the corporation. Roy will fill the vacancy created among the board of directors by the resignation of Matthew Levin.

    Roy will also sit on the audit committee of the corporation, and Huw Thomas, independent director of Dollarama, will replace Levin on the human resources and compensation committee while remaining a member of the audit committee and the nominating and governance committee of the corporation.

  • Kodak ready to talk reorganization with shareholders

    ROCHESTER, N.Y. — Kodak is moving forward with its plans to emerge from bankruptcy and said Friday it is ready to discuss reorganization plans with certain key creditor groups.

  • Long-time media exec joins Dollar General board

    GOODLETTSVILLE, Tenn. — Dollar General has named Pat Fili-Krushel to its board of directors effective Oct. 15.

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