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Retail

  • Crumpler unpacks improved store management with Raymark

    Melbourne, Australia – Vertical Australian luggage retailer Crumpler has selected Raymark's cloud-based store management software suite for deployment in its stores worldwide. The software initiative is aimed at supporting Crumpler's international growth, improving the omnichannel customer experience and modernizing IT operations.

  • Amazon gets down to business with new marketplace

    Seattle – Amazon.com is launching yet another new marketplace. Amazon Business provides access to hundreds of millions of products, as well as business-only selection and pricing.

    Amazon Business customers will also receive free two-day shipping on tens of millions of eligible items, multi-user business accounts, custom spending approval workflows, integration with third-party procurement solutions, automated tracking of tax exemptions, dedicated customer support, order tracking, and corporate credit options.

  • It’s nothing but ‘Star Wars’ at Toys ‘R’ Us

    Wayne, N.J. – If Darth Vader scared you, then you’ll probably want to check out the new online “Star War”s hub that Toys “R” Us Inc. is launching as part of a year-long omnichannel promotion tied to the classic movie franchise, which returns with a new film in December. The hub will showcase video content, event information and more in the coming months.

  • Children’s Place activist investors urge new board members

    New York - Shareholders for Change at The Children's Place, an activist investor group led by Macellum Advisors GP LLC and Barington Capital Group L.P., has filed a detailed investor presentation with the Securities and Exchange Commission ("SEC"). The presentation supports the election of two board of directors nominees, Seth R. Johnson and Robert L. Mettler, at the upcoming 2015 annual meeting.

  • H&M makes EPA green power lists

    New York - H&M is number 32 on the U.S. Environmental Protection Agency's (EPA's) National Top 100 list of the largest green power users. H&M is using nearly 172 million kilowatt-hours (kWh) of green power annually, which is enough green power to meet 100% of the organization's electricity use.

  • Report: Target’s Cornell paid $28 million in 2014

    Minneapolis – Brian Cornell, CEO of Target Corp., reportedly received total compensation of $28.2 million in 2014. According to the Wall Street Journal, that figure includes $14 million in “make-whole” compensation he was paid for leaving his previous position as CEO of PepsiCo in August 2014.

    Cornell also received a prorated salary of $595,000 from Target, among other compensation.

  • Report: PayPal offers One Touch payment online

    San Jose, Calif. – PayPal Inc. is reportedly now offering its One Touch single-touch electronic payment capability to online purchases. According to Reuters, PayPal is extending the reach of the previously mobile-only One Touch to help reduce the $4 trillion in merchandise that consumers annually abandon in online shopping carts.

    Customers will be able to use One Touch to make purchases across all PayPal-enabled sites without re-entering login information.

  • Faith Popcorn: McDonald’s profits from serving people, not burgers

    Chain Store Age recently had the chance to speak with noted consumer trend expert Faith Popcorn, founder and CEO of marketing consulting firm Faith Popcorn’s BrainReserve, about steps McDonald’s can take to reverse its struggling fortunes. Popcorn’s insights come on the heels of McDonald’s reporting a 33% year-over-year drop in profits for first quarter 2015.

    Bigger Isn’t Always Better
    According to Popcorn, McDonald’s vast size is not necessarily an asset anymore.

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