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Retail

  • UGG stores deploy Verifone’s mobile hardware and software

    New York -- VeriFone Systems said that Deckers Outdoor Corporation has implemented VeriFone mobile retailing hardware and software to fulfill its omni-channel initiative at 40 UGG Australia store locations. The solution enables store associates to accept payments from the sales floor and sell out of stock products available online through its integration with an e-commerce platform from Demandware.
     

  • Holiday sales met NRF expectations

    Despite severe winter weather travails during the holiday shopping season, the National Retail Federation reported that December retail sales didn’t take the hit that many feared.

    In fact, taking advantage of heavy promotions and last-minute deals, shoppers were able to move the December retail sales needle up 0.4% month-to-month, excluding automobiles, gas stations and restaurants, and up 4.6% year-over-year.



  • Retail’s Free-Rider Problem

    By Lee Peterson, WD Partners

    If a sacred cow exists among retail strategists today, the price-match is undoubtedly it. As the weapon of first resort, it is the most obvious defense against the rapid rise of “showrooming” and the unbridled growth of online retailing behemoths like Amazon, ruthlessly cutting into retailers’ profits.

  • One time Walmart CEO joins Victory Electronic Cigarettes board

    Victory Electronic Cigarettes announced that Bill Fields, former president and CEO of Walmart stores division, will join its board of directors.  

  • Burger 21 opens first Virginia Restaurant

    Tampa, Fla. — Burger 21, a new concept from The Melting Pot Restaurants, has announced the opening of its first restaurant in Virginia. To be located in Ashburn, the restaurant, which is approximately 3,200 sq. ft., will be one of four units planned for the Greater Washington, D.C., area.

    Currently, Burger 21 has 11 restaurants open and 17 franchised locations in development across the U.S. Plans call for a minimum of 15 additional restaurants in the Greater Washington, D.C., area.

     

  • A mixed holiday bag for GameStop

    GameStop reported increases in global and same-store sales for the nine-week holiday sales period ended Jan. 4, but results missed analysts’ expectations thanks to a greater-than-expected decline in sales of new game titles for Xbox 360 and PlayStation 3.

  • The Retail Connection boosts development in Texas

    San Antonio, Texas — The Retail Connection has brought retail development veteran David Berndt on board to extend the company’s tenant driven retail development capacity. Berndt will join as Development Partner of The Retail Connection | Connected Development Services. In that role, he will lead the company’s development platform in Central and South Texas.

    The Retail Connection is expanding its capabilities across the board in Central and South Texas, adding senior brokerage leaders too.

  • U.S. retail sales, excluding autos, up solid 0.7% in December

    New York -- Overall retail sales rose 0.2% last month, the Commerce Department said on Tuesday. Economists surveyed by Dow Jones Newswires had forecast a 0.1% increase.  Excluding autos however, December retail sales were up a solid 0.7%.

    Auto sales fell 1.8%, dragging down broader figures, a reflection of  bad weather and calendar quirks than the start of a new trend. Retail spending figures for prior months were revised down to a 0.5% increase in October and a 0.4% rise in November.

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