Skip to main content

Corporate Governance

  • Best Buy opening earlier on Thanksgiving

    The dishes from Thanksgiving dinner will barely be dry when Best Buy stores open at 5 p.m. on Thursday, Nov. 28, to treat shoppers to an early wave of doorbuster deals.

  • Founding officer of Costco dies at 72

    Issaquah, Wash. -- Robert Craves, 72, a founding officer of Costco, died last week shortly after being diagnosed with cancer, The Seattle Times reported.

     

  • Best Buy to open 5 p.m. on Thanksgiving, one hour earlier than last year

    Minneapolis -- Best Buy has joined the ranks of retailers that have moved up the time their stores will open on Thanksgiving Day. The consumer electronics giant said Tuesday that some 1,000 of its stores will open at 5 p.m. on Thanksgiving Day, which is one hour earlier than last year. The stores will close at 1 a.m. Friday before reopening at 8 a.m. on November 28 (Black Friday) and close at 10 p.m. that day.  

  • More retailers offer Ultra’s prepaid service

    Target, Dollar General and Barnes & Noble are helping customers make an international connection with a new offering from UltraMobile.

  • Deeper Dive: Apple Pay vs. CurrentC

    CurrentC, the mobile payment service under development from a retailer consortium known as Merchant Customer Exchange, or MCX, has been getting a lot of attention in the past week. First MCX members CVS and Rite Aid disabled their NFC payment systems to block the rival ApplePay mobile payment service, and then hackers stole the emails of CurrentC users. And despite all this publicity, CurrentC is still in pilot mode.  

  • Big Lots creates new national holiday

    Retailers employ all manner of promotional tactics to drive holiday sales and this year Big Lots has even created a new national occasion to serve as the basis of a promotion.

    The leading closeout retailer has declared Nov. 16-22 as the nation’s first “Decorate Your Home for the Holidays Week,” to provide inspiration and motivation to shoppers to begin decking the halls this holiday season.

  • Alibaba reports $9.3 billion in sales on China’s “Singles Day” sales event

    New York -- Alibaba Group Holding Limited announced that it hosted $9.3 billion in sales on China’s “Singles Day,” an annual sales event held on Nov. 11. 

     

    The E-commerce giant  said that 43 of all Singles Day transactions came through mobile devices, up from 21% in 2013.  

     

  • SAP and Samsung partner on mobile devices for business, including payments solution

    New York -- Samsung Electronics and SAP SE are partnering to deliver enterprise mobility solutions for a number of industries, including an integrated payments solution.  
X
This ad will auto-close in 10 seconds