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Retail

  • ECOtality and Kroger expand car-charging program

    Cincinnati -- ECOtality and The Kroger Co. announced Monday an expanded partnership including over 200 level 2 (quick charge) charging stations, and 25 DC Fast Chargers, to be installed across key markets through the EV Project.

    The multimillion-dollar expansion will bring the total number of Blink chargers in the Kroger system to almost 300.

  • Wal-Mart continues college campus growth plan

    Bentonville, Ark. -- Wal-Mart said it will open two additional college campus locations, nearly two years after make its university debut at the University of Arkansas at Fayetteville.

    According to a Monday report by the Wall Street Journal, which cited Inside Higher Ed, the retailer will open a 5,000-sq.-ft. store at Arizona State University in Phoenix next month, and will open in Atlanta on the Georgia Tech campus later this year.

  • RILA: Retailers say no ‘Sacred Cows’ in corporate tax reform

    Arlington, Va. -- The Retail Industry Leaders Association said Monday via a written letter to the House Ways and Means Committee that all corporate tax preferences need to be “put on the table” so that politics can be neutralized and progress can be made.

  • Macy’s, Martha Stewart and J.C. Penney back in court

    New York -- The fight over Martha Stewart resumed with both Macy's and J.C. Penney Co. back in a New York court on Monday. The trial, over whether Macy's has an exclusive right to sell select Martha Stewart home goods items, resumed after a month-long mediation effort failed to yield a settlement.

    On Monday, Macy’s alleged Penney has begun selling some items on its website that infringe on Macy’s exclusive deal with Martha Stewart.

     

  • Genesco to pull out of Chicago stock exchange

    Nashville -- Genesco Inc. said Friday it will withdraw its listing on the Chicago Stock Exchange, citing a need to streamline operations and eliminate overlapping administrative requirements and costs.

    The company, which owns the Journeys, Lids, and Johnston & Murphy banners among others, will continue to list its common stock on the New York Stock Exchange.  

     

  • Johnson out as CEO of J.C. Penney; Ullman back

    New York -- Ron Johnson is out as CEO of J.C. Penney. In making the announcement, the company also said that that Myron E. (Mike) Ullman has rejoined Penney as CEO, effective immediately. Ullman, who served as CEO of Penney until late 2011, has also been elected to the board of directors.

    Johnson’s departure was not all that unexpected given the chain’s mounting losses and sales declines. But it was still a stunning reversal of fortune for the former golden boy of Apple, who left the tech giant amid great fanfare for the top job at Penney.

  • Report: Retail employment slumps most in a year

    Washington, D.C. -- A report on Friday by the Labor Department showed that retail employment declined by 24,000 in March, the biggest slide since February 2012. The largest hiring slump occurred among clothing and accessories stores, which dropped 15,000, followed by a 10,000 decrease among building-material and garden suppliers.
     
    Retailers have been slow to hire largely because of the concern over the 2% increase in payroll taxes and how the bump is impacting consumer spending.

  • Cha Ching! Eight Ways to Ratchet Up Online Sales All Year Long

    By Brad LaRock, [email protected]

    If the 2012 holiday retail season proved anything, it’s this: the smart merchant gets the sale. Retailers have to plan strategically, segment their customer base, and think like today’s super connected shopper.

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