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  • Starbucks’ Howard Schultz is not running for president

    New York -- Starbucks Corp. founder and CEO — and currently Time Magazine cover boy — Howard Schultz has lots of opinions about politics and the national agenda, but he is not interested in running for president in 2016.

    “I don’t think that’s a solution. I don’t think it ends well,” Schultz told Time in a wide-ranging interview its Feb. 16 edition.   

  • PwC: Retail mergers & acquisition activity hits five-year high in 2014

    New York -- U.S. retail and consumer (R&C) total transaction value for 2014 hit a five-year high and surpassed the $100 billion mark for the second year in a row, according to PwC’s U.S. retail and consumer deals insights 2014 Year in Review and 2015 Outlook report.

  • McMillon to speak at CRE event

    The Emerging Trends in Retail conference will take place at a new data and time, but the big news is that Wal-Mart Stores, Inc., president and CEO Doug McMillon will headline the annual event put on by the Center for Retailing Excellence.  

  • Customer understanding key to retailer success

    New York -- Customer analytics is a key component to retail success; CSA talked with Buxton's Bill Stinneford at NRF's Big Show in New York City about tech trends and the importance of understanding exactly who your customer is.  

    Watch video here.

  • Analysis: Staples-Office Depot Merger Could Lead to Major Industry Consolidation

    By Will McKitterick, analyst, IBIS World

  • Euclid: Retail sales down 7% year-over-year in January

    San Francisco -- Shopper traffic in January dropped 7% year-over-year as harsh winter storms amplified the shift of shopping to online and mobile, according to Euclid’s monthly retail benchmarks report which analyzes shopper activity and behavior during the month of January. In-store engagement improved more than expected during the low traffic, post-holiday month, but it is unclear how much the longer visits benefitted sales.

  • GameStop names Buskey president

    Former GameStop Senior Vice President of Human Resource Mike Buskey was elevated to the role of president of U.S. stores to oversee GameStop’s more than 2,000 locations.

  • Kohl’s boosts guidance on strong holiday sales

    Menomonee Falls, Wis. -- Kohl’s Corp. raised its earnings guidance for the recently completed business year, citing strong sales growth in the holiday season.

    The retailer reported fourth quarter same-store sales of 3.7% and updated its fiscal 2014 diluted earnings per share guidance to $4.20 – $4.22.

    “We are pleased with our fourth quarter sales as we saw our base business improve and our new strategic framework, the Greatness Agenda, take hold," said Kevin Mansell, Kohl's chairman, CEO and president.

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