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Retail

  • Mall of America lets the sun shine in with massive high-tech skylight

    A 3,500-sq.-ft. rotunda “smart” skylight has been installed in the new grand entrance and event space at the nation’s largest shopping mall. The new space is part of Mall of America’s 750,000-sq.-ft. expansion.

    The skylight is comprised of more than 300 panes of electronically tintable SageGlass, which controls sunlight to optimize daylight and enhance comfort by preventing glare and solar heat.

  • JCPenney comps up 6.4% amid legal settlement

    JCPenney says the company's third quarter results will "exceed expectations" despite a $50 million settlement charge to settle a false advertising class action lawsuit. 

    The company announced Wednesday that it has reached an agreement to settle a false advertising class action lawsuit brought on behalf of California customers who purchased certain JCPenney private or exclusive branded products.

  • Macy’s posts disappointing Q3; pursuing real estate options (but no REIT) and outlet growth

    Macy’s Inc. on Wednesday blamed warm weather, weak tourist traffic and excessive inventory for the company's worse-than-expected third quarter results. The company said it will not pursue spinning off its properties into a real-estate investment trust, but that it is studying real estate options for some of its most iconic stores.

  • Field & Stream wades into new channel

    Outdoor enthusiasts can now purchase outdoor goods from the indoor comfort of their homes.

    The specialty outdoor Field & Stream chain, a 19-store banner of Dick’s Sporting Goods, has launched its first-ever e-commerce website.

  • Kroger to buy Roundy’s in $800 million deal

    The Kroger Co. on Wednesday announced plans to acquire Roundy's. Kroger will purchase all outstanding shares of Roundy's for $3.60 per share in cash in a deal valued at $800 million, including the assumption of debt.

  • ShopAdvisor, Elle read into seamless shopping

    Personalized shopping app ShopAdvisor and Elle magazine are turning readers into brick-and-mortar shoppers.

    Elle and ShopAdvisor have released results of the August 2015 “Shop Now With Elle” proximity mobile marketing program. The program connected consumers to retailers and provided them with exclusive content and offers using location-based mobile technology, including beacons and geo-fences.

  • True Value dives deeper into rewards

    When Blake Fohl addressed the True Value Company’s retailers at the co-op’s most recent Reunion in Chicago, he let them in on a secret: The True Value Rewards program had gone “in-house.”

  • Instagram program zooms in on social commerce

    Visual social media network Instagram is taking a new step toward becoming a platform for commerce.

    Instagram has launched a new program called Instagram Partners that is designed to help companies advertise on the social network. Each certified partner must have expertise in at least one of three defined areas: ad tech (buying and selling ads at scale), community management (managing comments and gaining consumer insights), and content marketing (sourcing and delivering content at scale).

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