Retail

LEXINGTON, Ky. — Mattress and pillow manufacturer Tempur-Pedic has announced that its EVP of global operations, Matthew Clift, is retiring.

A succession plan and search is already underway with Clift continuing to lead the global operations team during the transition period.

Tempur-Pedic credits Clift with the global operations team’s success, which is describes as vital to the company's success and progression in recent years.

New York -- A study released Monday by Cisco revealed that, as retailers reinvent their in-store shopping experience in the face of the continued rise of e-commerce, digital content from the Internet has emerged as the most powerful influence in buying decisions for the majority of shoppers in all channels.

WHITE PLAINS, N.Y. — The National Stationery Show has joined forces with the Craft & Hobby Association to provide those in the social stationery and crafts, and creative hobby industries with new resources.

New York -- PayPay announced Monday that a total of 23 national retailers are now signed up to accept PayPal in their stores, making the payment solution accepted in more than 18,000 physical retail locations. PayPay also announced that Jamba Juice is testing an order-ahead feature that allows customers to place an order, select a time for pick-up, and pay in advance via the PayPal App – so when they arrive, they can save time and skip the line, grab their food and be on their way.

ATLANTA — Cloud-solutions developer Predictix has named John Simon as its new CEO.

Simon will be charged with helping accelerate growth as Predictix continues developing and delivering solutions to retail companies. The move comes on the heels of the partnership announced between Predictix and analytics-based consumer chain solutions developer Yomari.

New York -- MID Retail Inc. announced Monday that discount fashion retailer Loehmann’s has selected its Advanced Merchandise Planning and Advanced Allocation software to forecast store-level demand, accurately generate buying plans, and intelligently manage the flow of merchandise to retail stores.

By Jill Puler, [email protected]

For retailers, brands and marketers, the millennials have created quite the conundrum. This segment makes up a large part of the consuming world — around 95 million consumers in the U.S. alone. And with $1.7 billion in spending muscle to flex, their influence is only going to increase as the years roll by. By 2030, they will outnumber the vaunted baby boomers by more than 20 million.

Orlando, Fla. -- Workforce management solution-provider Empower Software Solutions said Monday that BJ’s Wholesale Club has launched the rollout of EmpowerWFM, the company’s workforce management solution, across BJ’s 198 locations in 15 states. 

The decision to rollout to all clubs follows a successful pilot of the solution.