Retail

Kathy Hendricks, who had overseen ABC Supply’s information technology function for 28 years, most recently as VP and chief information officer, has been appointed to the newly created position of executive director of customer connectivity.

In her new role, she will lead ABC Supply’s strategic initiative to design, develop and implement the new information technology services that will connect ABC Supply to its customers and make it easier for its customers to run their businesses.

Increased traffic at Costco helped fueled sales in the first quarter of 2014.

Target was the most-browsed mobile app/site in 2013, and Apple’s mobile app/site is where consumers purchase the most, according to a new study from Mobiquity.

Sport Chalet kicked off the holidays with strong Black Friday weekend and Cyber Monday sales figures and anticipates further growth for the duration of the shopping season.

Black Friday weekend comparable sales were up 17.1% compared to 2012, and Cyber Monday comparable sales increased by 34.8%.

RadioShack has completed a new financing totaling $835 million. That figure includes a $535 million credit facility led by GE Capital, Corporate Retail Finance and a $250 million secured term loan led by Salus Capital Partners.  

Analysis from price intelligence firm Profitero showed that Amazon.com makes more than 2.5 million price changes every day, compared with a little more than 50,000 total price changes made by brick-and-mortar retailers Walmart and Best Buy throughout November.

Profitero’s analysis also revealed that Amazon.com has increased its number of daily price changes 10-fold during the last 12 months. At the beginning of December 2012, the online retailer implemented just 269,113 price changes.

Strategic brand and design firm Chute Gerdeman has named Jim Crawford as VP of technology and experience design — a newly created position.

Crawford will be charged with integrating next-generation technology into the shopping experiences and store designs that Chute Gerdeman creates for its clients.

BitPay, a company that allows merchants to use bitcoin, has reported a spike in transactions this year.

The company has processed more than $100 million in transactions this year, and its membership now includes more than 15,500 merchants in 200 countries. The number of merchants has increased by more than 50%, while transaction volume has tripled since the creation of the All Inclusive Pricing Plan in October and the integration with Shopify in November.