Retail

Woodland Hills, Calif. — Great American Group, a provider of asset disposition, valuation and appraisal services, has appointed Mike Wyse to a new VP position at the company.

In the new role, Wyse will focus on generating revenue through the cross-promotion of all Great American Group’s services with an emphasis on the retail services sector. 

BENTONVILLE, Ark. — Sam's Club has launched a new program with San Francisco, Calif.-based warranty provider SquareTrade and other partners to offer feature-packed mobile phone protection plans for Sam's Club members. Priced at $59 for standard phones and $99 for smart phones, the protection packages include:

• Two-year protection for normal failures including battery replacement

• Accidental damage protection including full liquid immersion with a $49 deductible

An analysis of retailers’ ad circulars from throughout 2012 conducted by ECRM shows some familiar names dominate the list of top promoted brands and reveals some interesting movements among others.

The ECRM report shows use of circular print ads grew by 5.5% in 2011 despite increased activity overall in the areas of online, mobile and social.

SAN BRUNO, Calif. — Wal-Mart Stores has named a replacement for Eduardo Castro-Wright, who announced his pending retirement in September. The company announced that Neil Ashe is the new president and CEO of the company's global e-commerce business, effective Jan. 16. Castro-Wright will assist in the transition.

Ashe is replacing Eduardo Castro-Wright who announced his pending retirement in September and will assist in the transition.

SAN FRANCISCO — In an effort to help the thousands of troops returning home from serving overseas, Banana Republic has announced “Our Duty to You,” a program created to help military personnel prepare for their next professional opportunities. 

WOONSOCKET, R.I. — CVS/pharmacy's ExtraCare Rewards program now enables ExtraCare cardholders to send their quarterly ExtraBucks Rewards to their ExtraCare cards, eliminating the need for shoppers to carry paper rewards into their local CVS/pharmacy.

DULUTH, Ga. — NCR announced Monday the introduction of a point-of-sale system that will allow independent retailers to manage transactions, track sales and inventory, process credit cards and market to customers on both touch-screen terminals and Apple mobile devices.

The system is a cloud-based platform that NCR said would give independent retailers a multichannel "sell anywhere" capability.

NEW YORK — Retail industry sales are expected to rise, albeit not at the same pace as 2011, according to the National Retail Federation.

Retail industry sales will rise 3.4% to $2.53 trillion, NRF said, compared with a pace of 4.7% in the year-ago period. The expected slowdown in consumer spending, NRF said, will be influenced by a number of factors, including stalled unemployment rate and lack of newly-created jobs. But despite the lower projection, the industry is expected to garner stronger numbers than other industries, NRF said.