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Corporate Governance

  • Tully’s revels in mobile POS capability

    Seattle – Tully’s Coffee is reveling in a new mobile POS capability.

    More precisely, Tully’s has selected Revel's iPad POS systems to be deployed across 46 corporate stores located in the western U.S.

    The lightweight Revel hardware decreases the amount of counter space used, connects to the cloud and seamlessly integrates with Tully's current Synergy loyalty platform. Tully’s can also track inventory, manage payroll and provide analytics in real time.

  • C-store retailer to offer its first private label credit card

    Altoona, Pa. -- Family-owned convenience store chain Sheetz is partnering with First Bankcard to offer its first private label credit card, the Sheetz Personal Credit Card.

    First Bankcard is a division of First National Bank of Omaha and a leading issuer of credit cards.

    The card is designed to be used exclusively at Sheetz stores and offers customers’ automatic savings at the chain’s fuel pumps, as well the ability to earn points on every qualifying purchase in its stores.

  • Chain looks to tap into pet supplies, services, market

    Livonia, Mich. -- Pet Supplies Plus is looking to capitalize on the $58 billion pet industry.

    The company, the nation’s largest pet retail franchise, announced that, so far this year, it has 19 new locations in the pipeline. Newly signed agreements will bring the neighborhood pet stores to new and underserved markets including Nashville, Atlanta, Houston, Jacksonville and Denver.
     

  • Express makes all the right moves in Q2

    Columbus, Ohio -- Express Inc. soared in the second quarter as its profit tripled amid increased sales and profit margins and reduced promotional activity.

    The retailer on Wednesday reported better-than-expected sales and profit for the second quarter. It also raised its full year outlook.

    Express’ net income totaled $21 million, compared to $6.9 million, boosted by gross profit resulting from cost of sales growth that was significantly behind the rate of net sales growth.

  • Report: Walmart to stop selling some rifles

    Walmart plans to stop selling certain types of assault and sporting rifles, the company said on Wednesday.

    “There wasn’t a whole lot of demand for those products so we replaced them with products we have seen customers coming into purchase it," Walmart spokesman Kory Lundberg told Fortune. 

    The move comes as the largest seller of guns and ammunition in the U.S. has been a large part of the national gun debate following recent shootings.

  • Data breach costly for Target

    Minneapolis – Target Corp. has released an estimate of costs related to its 2013 data breach.

    In a 10-Q filing with the Securities and Exchange Commission (SEC), Target estimated it had incurred $168 million in liabilities and was eligible for $55 million in insurance reimbursements (as of August 1, 2015).

  • The Bon-Ton poised for omnichannel growth

    The Bon-Ton Stores is opening a new fulfillment center as the retailer looks to cut back on the amount of time it takes to deliver an online order.

    The company announced the grand opening of its 743,000 square-foot state-of-the-art direct-to-consumer fulfillment center in West Jefferson, Ohio. The facility, which began transitioning fulfillment operations in June, was designed with the customer in mind and supports the company’s expanding e-commerce business and aggressive omnichannel growth, the company says.

  • Study: Perennial fave continues to take top spot in overall customer service

    New York – L.L. Bean continues to win top marks in overall customer service.

    According to the latest quarterly Stella Service benchmarks, perennial high finisher L.L. Bean took top customer service honors in second quarter 2015. Following L.L. Bean were Mr. Porter, Shopbop, David Yuman and Net-a-Porter.

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