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Corporate Governance

  • NRF: Retailers add 37K jobs in October

    Washington, D.C. – The National Retail Federation calculated retail industry job gains at 37,600 in October 2013, and 295,000 year-over-year, a 2.4% increase from 2012. Job gains were seen in every retail sector with the exception of clothing and clothing stores, which witnessed a contraction of 12,500 positions in September.

    In its annual holiday sales and employment forecast, NRF predicted that retailers would see a 3.9% increase in sales and hire an additional 720,000 to 780,000 employees this holiday season.

  • Rue21 launches e-commerce site

    Warrendale, Pa. – Rue21 has launched its e-commerce site, Rue21.com. Prices on the site will be the same as prices in the retailer’s stores.

    In honor of the launch rue21 is hosting a "Shop & Win" contest in which five winners will receive a $50 gift card by talking about their favorite rue21 items on the internet. Using hashtag #shoprue21.com, fans can post pictures or comments on Facebook, Twitter, Tumblr, Instagram, Pinterest, and Google+.

  • Sears, Kmart enhance omni-channel customer experience

    Hoffman Estates, Ill. – Sears Holding Corporation is launching a number of enhancements to the in-store, online and mobile customer experience offered at its Sears and Kmart banners for the holidays.

    Employees and Shop Your Way loyalty members are loading photos, announcing secret sales and sharing their favorite products from local Kmart and Sears stores on the local store pages of ShopYourWay.com. Store pages also allow customers to download e-coupons and obtain local deals.

  • Gap grows Q3 sales

    San Francisco – Gap Inc. reported increased net and same-store sales during the third quarter of fiscal 2013 in a partial financial release. Gap’s third quarter net sales grew 3% and same-store sales grew 1% compared to the prior year.

    In addition, Gap’s same-store sales grew 4% in October 2013. The retailer will release full third quarter earnings results on Nov. 21, 2013.

     

  • McDonald’s U.S. same-store sales climb 0.2%

    Oak Brook, Ill. – McDonald’s reported a slight 0.2% increase in U.S. same-store sales for October 2013. Same-store sales rose 0.5% globally, which also includes a 0.8% increase in Europe and a 2.8% decline in Asia-Pacific, Middle East, and Africa.

  • Walmart.com to sell two winning ‘Get on the Shelf’ products

    San Bruno, Calif. -- Walmart announced today the two grand prize winners of its Get on the Shelf contest, Elvis Presley Home Bedding Collection and SKRIBS Customizable Wristbands. As grand prize winners, both products will be sold on Walmart.com and receive additional online marketing support. They will also be introduced to the Walmart Stores’ Merchandising team for store shelf consideration.

  • Ikea standardizes POS infrastructure

    Leiden, Netherlands – Ikea is deploying a standardized, comprehensive and internationally deployed POS software platform from Wincor-Nixdorf. During the next two years, Ikea will install nearly 12,000 POS terminals at 300 stores in 25 countries using Wincor Nixdorf’s TP Application Suite and TP.net software.

  • Paper Store leverages on-demand enterprise solution

    Acton, Mass. – Regional specialty gift retailer The Paper Store is leveraging the Epicor Retail SaaS solution, a hosted enterprise software suite that includes Epicor Retail Store, CRM, Merchandising, Sales Audit, and Loss Prevention applications.

  • AMC to open eight screens at Streets of St. Charles in St. Louis

    Peoria, Ill. — AMC Theatres plans to open a new 40,000-sq.-ft. eight-screen theater complex at the Streets of St. Charles, a 400,000-sq.-ft. mixed-use project in the St. Louis metropolitan area.

    Slated to open in the fall of 2014, AMC will join a mix of retail, restaurant and office tenants. Restaurants include Tucanos Brazilian Grill, Prasino and Five Guys Burgers & Fries. Bar Louie plans to open next spring.

  • Stater Bros. to open new Moreno Valley, Calif., supermarket

    San Bernardino, Calif. — Stater Bros. has announced the opening of a new supermarket in Moreno Valley, Calif., on Nov. 13. A ribbon cutting ceremony will be held in the parking lot at 8:15 a.m.

    The 43,670-sq.-ft. store will be the fourth location for Stater Bros. in Moreno Valley.

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