Corporate Governance

Pep Boy’s advances as CEO search continues
As gas prices decline and American’s drive more, Pep Boy should be in a position to benefit from a resulting demand for automotive maintenance with its unique parts and service model.
XtraLight taps lighting vet Ron Gilcrease as VP, national accounts
Houston, Texas - XtraLight is pleased to announce Ron Gilcrease has joined XtraLight as VP of national accounts. “We are pleased Mr. Gilcrease has chosen to introduce XtraLight and LEDLinX based fixtures to important national accounts across the U.S.,” said Jerry Caroom, XtraLight’s CEO.

FirstData: Retail dollar volume up 5.3% Thanksgiving through Cyber Monday

Year-over-year (YOY) retail dollar volume from Thanksgiving through Cyber Monday grew 5.3%, a decrease from last year’s growth of 7.4%, according to First Data 2014 SpendTrend Holiday Shopping Spend Analysis, which examined consumer spending from more than one million merchant locations over the five-day period.Similarly, retail transaction growth was 5.0% compared to 6.0% in 2013.
Food City lets customers do it themselves with self-checkout

Abingdon, Va. – Sometimes the best customer services comes from customers themselves. Food City, K-V-A-T Food Stores Inc. has completed a pilot test of the Fujistsu U-Scan Genesis II self-checkout solution.
New Stater Bros. store features all LED lighting

San Bernardino, California - Stater Bros. will open a store in Covina, California on Wednesday, December 10, 2014. The new “Blue Ribbon” supermarket is the 26th Stater Bros. location in Los Angeles County. It includes many environmentally friendly features, including: • LED lighting throughout the entire store; • New lighting system that uses dimming ballasts, energy efficient lamps and occupancy sensors;
Five top U.S. markets for luxury retailers

New York - New York, Chicago, Las Vegas, Miami and San Francisco rank at the top of the list, reporting the highest luxury sales in per square foot, according to JLL’s “The New World of Retail Report.” But while core metro areas ranked at the top of the list of preferred locations, several emerging retail markets like Dallas, Houston and Orlando possess the attributes for longer term success driven by ongoing population and income growth.
Simon Premium Outlets heads into 2015 with 6.4 million sq. ft. in development

Simon Premium Outlets heads into 2015 with 6.4 million sq. ft. in development New York - Simon Property Group is expanding its Premium Outlets portfolio with a worldwide development pipeline of 6.4 million square feet and a total investment of $2.5 billion.
Report: RadioShack denies that it defaulted on loan

New York - Shack Corp. on Monday denied that it defaulted on a loan from its term lenders—Salus Capital Partners and Cerberus Capital Management—less than a week after the chain initially disputed the allegations as “wrong and self-serving,” the Wall Street Journal reported.
Store of the Week: Hunter, London

British heritage brand Hunter sets the stage for global expansion with a flagship that offers a modern take on British countryside icons.

Read more
Guest Commentary: New Florida data breach law impacts retail stores

By Luis Salazar and Neha Dagley Watch out, retailers with stores in Florida. The Florida State Legislature has tightened controls over businesses for data security breaches. Effective July 1, 2014, the new Florida Information Protection Act (FIPA) will impact your business and how you handle data breaches. In recent years, data breaches have become commonplace, and have undoubtedly affected the chain-store industry. FIPA: COMPLIANCE AND CONSEQUENCES
Danier Leather goes for form and function with Fujitsu POS rollout

Toronto, Canada - Danier Leather is going for both form and function with a new POS rollout. The retailer's flagship store at the Toronto Eaton Centre, Toronto, has implemented Fujitsu TeamPOS 7000 All-In-One (AIO) hardware. The solution offers faster and sleeker point of sale technology and the capability to integrate with future omnichannel offerings to enhance usability, increase sales capacity and improve the consumer experience, according to Fujitsu.
Eastern Mountain Sports goes live with JustEnough forecast solution

IRVINE, Calif.- JustEnough Software Corp announced that Eastern Mountain Sports, has gone live with JustEnough’s retail planning solution to better plan and forecast for its 68 stores and e-commerce site.