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  • NRF: Holiday sales up 4% to $616.1 billion, biggest increase since 2011

    Washington, D.C. -- Total holiday sales, which include November and December sales, increased 4% to $616.1 billion, the highest since 2011, according to the National Retail Federation. The total was in line with NRF’s projected forecast of 4.1%. In addition, non-store holiday sales grew 6.8% to $101.9 billion.

  • BJ’s gets smarter about it store locations

    Location analytics solutions provider Esri is helping BJ’s Wholesale Club generate actionable business insights from club location data.

    BJ’s use of Esri’s solutions was announced in conjunction with the National Retail Federation’s Big Show in New York. More specifically, BJ’s will use Esri’s location analytics solutions to aid in real estate research strategy and business insight analysis.

  • GameStop holiday sales drop despite software surge

    Grapevine, Texas - GameStop Corp. reported declining total and same-store sales for the nine-week holiday 2014 period, despite solid growth in new software sales. Total global sales for the holiday period were $2.94 billion, a 6.7% decline compared to the 2013 holiday sales period.

  • E-commerce spending to top $300 billion in 2015

    New York -- E-commerce in the United States in 2015 will top the $300 billion mark for the first-time ever, according to Forrester Research’s principal analyst Sucharita Mulpuru.

    “This is big news,” Mulpuru said during a presentation at the National Retail Federation’s annual “Big Show” conference.  

  • RadioShack offered $500 million loan from Salus Capital

    New York -- RadioShack could receive another dose of life support. According to a report by the Wall Street Journal, Salus Capital Partners has offered to provide $500 million to RadioShack Corp. in a kind of debtor-in-possession loan used by companies to fund operations in bankruptcy.

  • Survey: Half of U.S. consumers are unfamiliar with mobile payment

    New York -- As the use in-store mobile payment becomes more pervasive, consumers require increased education on the performance and ease of use of mobile pay services, a recent survey by Verifone of U.S. consumer attitudes suggested.

  • Businesses SCORE big with Sam’s Club grant

    Sam’s Club is taking its efforts to help and recognize small businesses to a new level with a $700,000 grant to SCORE.

    The American Small Business Championship through SCORE will award 102 small businesses, two in every state and the District of Columbia, for their sacrifice and dedication to the success of their business. The Small Business Champions will receive a $1,000 Sam's Club gift card, an all-expense-paid trip to a training event, SCORE mentoring for one year, and promotion throughout the year to showcase each Champion's story.

  • Study: 96% of retailers are ready for the Internet of Things

    Lincolnshire, Ill. --- Zebra Technologies Corporation released survey results that revealed nearly all retailers are ready to make the changes required to adopt the Internet of Things (IoT). The survey, conducted in October 2014 by Forrester Consulting on behalf of Zebra Technologies, also showed that a majority of retailers believe IoT will be the most important technological initiative of the decade.

    Some of the key findings from the survey include:

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