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  • IBM Study: Shoppers open to online and in-store shopping

    New York -- Shoppers diversifying the way they shop for and acquire goods, becoming increasingly open to buying both online and in-store depending on their needs at time of purchase. While more than 80% of shoppers chose the store to make their last non-grocery purchase, only half are committed to returning there next time they buy. These are among the findings of a new IBM study of global consumers.

  • Saks CEO new chair of NRF board

    NEW YORK — The National Retail Federation has elected Saks chairman and CEO Stephen I. Sadove to chairman of the NRF board of directors and chairman of its executive committee. Sadove succeeds NRF’s chairman, Terry J. Lundgren, who is chairman, president and CEO of Macy’s.
     

  • Mattress manufacturer’s EVP, global operations, retires

    LEXINGTON, Ky. — Mattress and pillow manufacturer Tempur-Pedic has announced that its EVP of global operations, Matthew Clift, is retiring.

    A succession plan and search is already underway with Clift continuing to lead the global operations team during the transition period.

    Tempur-Pedic credits Clift with the global operations team’s success, which is describes as vital to the company's success and progression in recent years.

  • Sears CEO stepping down; Lampert taking reins

    New York -- In a surprise move, Sears Holdings Corp. announced that CEO Louis J. D'Ambrosio will step down as CEO, effective Feb. 2, for family health reasons. D'Ambrosio will be replaced by the company's chairman and its largest shareholder, Edward Lampert.

  • Report: Online sales jump 22.4% on Christmas Day

    New York City -- Online sales rose 22.4% on Christmas Day, according to IBM Digital Analytics Benchmark, which tracks more than 1 million e-commerce transactions a day from 500 U.S. retailers.

    The increase was higher than the 16.4% increase in 2011, and provided one bright spot in what has proven so far to be a lackluster holiday shopping season.

  • IT Hot Buttons

    From mobile payments to mining big data for customer insights, savvy retailers are using all the tools at their disposal to engage and connect with shoppers and provide relevant, convenient and personalized shopping experiences across all channels.

    As retailers competitively position themselves for growth in 2013 and beyond, there are a number of hot buttons or key considerations that will be driving their strategies. Here is a look at some of the top ones:

    Marketing and IT collaboration

  • IBM Study: All consumers looking for a consistent experience, from start to finish

    Armonk, N.Y. -- The consumer of the future will be more mobile, social and self-sufficient, willing to share details on themselves and their preferences in exchange for highly personalized relationships with their favorite stores, according to a new IBM consumer survey. The study also found that consumers’ willingness to advocate for a particular retailer is becoming multi-faceted, with consumers looking for a flawless experience, whether it’s when they’re researching, purchasing, or receiving delivery.

  • IBM exec Lautenbach joins Pitney Bowes as CEO

    STAMFORD, Conn. — Pitney Bowes has appointed Marc B. Lautenbach as its new president and CEO, effective immediately. Lautenbach succeeds Murray D. Martin, who is retiring as the company’s chairman, president and CEO and has resigned from the company’s board of directors.

    Martin will continue to work with Lautenbach, who has nearly 30 years of experience in the technology and business services industry in senior leadership positions at IBM, on an effective transition.

  • IBM completes acquisition of Kenexa

    Armonk, N.Y. -- IBM announced Tuesday the closing of its acquisition of Kenexa, a provider of recruiting and talent management solutions, for approximately $1.3 billion.

    IBM said that Kenexa complements its strategy of bringing relevant data and expertise into the hands of business leaders within every functional department, from sales and marketing to product development and human resources.

  • IBM: Cyber Monday numbers reach all-time high

    Armonk, N.Y. -- IBM reported Tuesday that online spending surged 30.3% year-over-year on Cyber Monday, an all-time high.

    Mobile shopping rose 70% over the prior year.

    As part of IBM’s Smarter Commerce initiative, the IBM Digital Analytics Benchmark revealed the following additional Cyber Monday key findings:

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