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Retail

  • Tabbedout wines and dines with Google Wallet

    AUSTIN, Texas — Tabbedout has teamed up with Google to offer Google Wallet as a payment source in the Tabbedout app for Android. Consumers will now have the opportunity to pay from their smartphones, using their Google accounts, at thousands of Tabbedout locations. 

  • TJX net sales increase

    Framingham, Mass. – The TJX Companies, Inc. reported increased net sales during first quarter fiscal 2014. Revenue rose almost 7% from the same quarter a year earlier to about $6.2 billion, while same store sales grew 2% on top of an 8% increase from last year. Net earnings totaled $453 million.

    CEO Carol Meyrowitz said that a flexible business model allowed TJX to have a profitable quarter despite adverse weather conditions. “Flowing the right merchandise at the right time continued to be key to strong merchandise margins,” she said.

  • Kohl’s donates $1.5m to Wis. children’s hospital

    MENOMONEE FALLS, Wis. — Kohl’s has donated $1.5 million to Children’s Hospital of Wisconsin on behalf of Kohl’s Cares, the company’s philanthropic arm. 

    The money will fund the Kohl’s Cares Grow Safe & Healthy program designed to make Wisconsin kids and families aware of safety risks in and out of their homes, and the necessary steps to help avoid injury. The $1.5 million gift represents the largest corporate donation to Children’s Hospital of Wisconsin this year.

  • Tommy Bahama consolidates its IT systems

    SAN DIEGO — Lifestyle brand Tommy Bahama has selected ServiceNow, an IT cloud company, to help it evolve its IT services. 

    The implementation of ServiceNow software-as-a-service has allowed Tommy Bahama to consolidate multiple IT systems into a single system of record, provide self-service interaction for users and enhance the overall IT service experience. 

  • Parago study: Shoppers seek deals

    Lewisville, Texas – Today’s shoppers are more price-conscious and in search of deals than ever before, according to a new study from digital rewards provider Parago.

  • March of Dimes names CVS CEO Citizen of the Year

    PROVIDENCE, R.I. — CVS Caremark president and CEO Larry Merlo has been named the 2013 March of Dimes Rhode Island 2013 Citizen of the Year for his and the company’s ongoing support of the March of Dimes mission.

    Merlo will be honored for the achievement at a June 18 reception held at the Providence Public Library. The recognition and fundraising event will take place as part of the 75th anniversary year of March of Dimes and the 50th anniversary year of the pharmacy innovation company.

  • Pinterest adds info to retail pins

    San Francisco – Pinterest, the social sharing network that many retailers use to promote products, is allowing users to share more information with their pins. Pins may now include data such as pricing, availability and where to buy products, recipe information and detailed information about movies.

    So far, retailers including Home Depot, Anthropologie, eBay, Neiman Marcus, Nordstrom and Wal-Mart are partnering with Pinterest to make more product information available on pins originating from their e-commerce sites.

     

  • Regulation leads public retailer risks

    Chicago – Almost all of the top 100 public retailers (97%) consider federal, state and local regulations as a risk factor, according to a new analysis of 10K filings from the largest 100 U.S. public retailers by BDO, LLP. Only general economic conditions (100%) was cited by more retailers, and this marks the highest percentage of public retailers citing regulations as a risk in the seven years BDO has been performing this analysis.

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