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Retail

  • Coffee Bean & Tea Leaf goes wireless

    LOS ANGELES, Calif. — The Coffee Bean & Tea Leaf, a leading specialty coffee and tea retailer, is leveraging wireless technology to retain existing customers and encourage new ones to come into their stores. 

    The company will test wireless charging with Power Matters Alliance at select Los Angeles locations and plans to deploy wireless charging with PMA in dozens of California stores this quarter, with the aim of expanding nationally and internationally shortly thereafter.

  • WS Development to open outlet center in Cheshire

    Chestnut Hill, Mass. -- WS Development announced that it will develop an outlet center in Cheshire, Conn. WS Development will introduce leading fashion and designer outlet stores to the 500,000 -sq.-ft. project, which is expected to open in summer 2015.

    This open-air shopping, dining and entertainment complex will also include public open space, walkways, recreation amenities, a residential component and full service grocer.

  • Spotlight On: HVAC

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  • ShopperTrak: April 2013

    Total U.S. Shopper Traffic in Retail Stores and Malls for April 2013

    An expected post-Easter decline in shopper activity was compounded by unseasonably cold weather last month. Retail foot traffic decreased 10.1 percent in April compared to March 2013, deviating from previous positive month-over-month retail traffic trends. Foot traffic for April 2013 decreased 0.4 percent compared to the same month in 2012. 

  • Spotlight On: Real Estate

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  • Cloud-based services strengthen supply chains

    SCOTTSDALE, Ariz. — JDA Software Group has launched six JDA Cloud Optimize services designed to enable customers to enhance and transform their supply chains.

    Moving beyond simply organizing information, JDA Cloud Optimize teams work hand in hand with customers to generate concrete recommendations and offer contextually relevant insights into big data challenges facing every global enterprise today. 

  • Stein Mart same-store revenue surges in April

    Jacksonville, Fla. -- Revenue at stores open at least one year climbed 8% last month for discount retailer Stein Mart. According to Stein Mart, strong sales of linens and ladies’ casual and career sportswear helped drive revenue growth and offset weaker sales in dresses, ladies’ accessories and men’s sportswear.
     
    For the quarter to date, revenue at stores open at least a year increased 1.2% and total revenue climbed 3.8% to $321.4 million.

  • Foot Locker to acquire Runners Point Group

    NEW YORK — Foot Locker has started the ball rolling toward acquiring Runners Point Warenhandelsges, a specialty athletic store and online retailer based in Recklinghausen, Germany, for a total cash consideration of approximately $94 million. 

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