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Retail

  • Kmart to stay open for 42 hours straight, starting at 6 a.m. on Thanksgiving

    Hoffman Estates, Ill. -- Sears Holiding Company joined the growing list of retailers with extended shopping hours on Thanksgiving and Black Friday.   Sears and Kmart stores will open on Thanksgiving Day, with Sears opening at its earliest time ever: 6 p.m, two hours earlier than last year. Kmart will open its doors for 42 hours straight, from 6 a.m. on Thanksgiving to midnight on Black Friday.

  • Sally Beauty shuffles board membership

    Denton, Texas -- Martha J. Miller is retiring from the board of directors of Sally Beauty Holdings Inc., effective Nov. 3, 2014. Miller has served on the board since SBH became an independent public company in 2006.   

  • Forrester: Online holiday spending to rise 13% to $89 billion

    New York --Forrester Research said Monday it expects U.S. online sales to reach $89 billion in November and December. That's up 13%, or about $10 billion, over a year ago. But Forrester analyst Sucharita Mulpuru noted that the expected growth is not as high as it could be due to a few unique constraints, including fewer days between Thanksgiving and Christmas, and capacity constraints in the already constrained carrier networks.

  • Verifone and MasterCard pilot card-linked taxi offers

    San Jose, Calif. -- Verifone and MasterCard are providing Las Vegas taxi cab passengers with card-linked offers in a pilot program running from from Nov. 2-6. Targeted offers from merchants, in this case The Hard Rock Café on the Las Vegas strip, the Bali Hai and Royal Links golf courses and Dream Racing at the Las Vegas Motor Speedway, are displayed to taxi passengers on VNET–Taxi TV screens integrated with Verifone payment terminals.   

  • Guest Commentary: Dawn of the HVAC “Internet of Things” Revolution

    By Paul Rauker, VP of systems and controls at Daikin Applied  

  • CBRE arranges Plano retail center sale

    Dallas -- CBRE Capital Markets’ Retail Investment Properties team announced the sale of Towne Square Shopping Center in Plano, Texas. Dallas-based Norman J. Hoppenstein purchased the retail center from an undisclosed seller.  

  • 360pi, JDA align on omnichannel pricing

    Scottsdale, Ariz. -- 360pi and JDA Software are partnering to optimize local pricing recommendations for retailers. This partnership integrates 360pi’s zone-based pricing intelligence for national and private label brands with JDA’s rules-based Strategic Pricing solution, part of JDA’s larger Price and Promotion Management portfolio.   

  • TechBytes: CurrentC -- Two Pros and Three Cons

    CurrentC, the mobile payment service under development from a retailer consortium known as Merchant Customer Exchange, or MCX, has been getting a lot of attention in the past week. First MCX members CVS and Rite Aid disabled their NFC payment systems to block the rival ApplePay mobile payment service, and then hackers stole the emails of CurrentC users. And despite all this publicity, CurrentC is still in pilot mode.  
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