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Retail

  • Finish Line teams with VeriFone for mobile payment options

    San Jose, Calif. -- VeriFone Systems said Tuesday that The Finish Line is deploying VeriFone’s latest mobile checkout and multimedia-driven countertop payment solutions.

    Following a successful trial, Finish Line is currently deploying VeriFone systems chainwide with the goal of having all 638 locations equipped by mid-November when the holiday buying season begins. Finish Line is deploying 1,600 of the countertop multimedia MX 915 systems and 3,200 PAYware Mobile Enterprise secure mobile card acceptance devices for the iPod touch.

  • Staples unveils plan to close 60 stores, invest in online/mobile efforts

    Framingham, Mass. -- Staples Inc. announced Tuesday a strategic plan to shore up sales and profitability that will involve accelerating the closure of 15 U.S. stores and 45 stores in Europe.

    The office supplies retailer also said it will ramp up investment in its online and mobile efforts.

    The announcement comes after a soft second quarter in which profit and traffic dipped downward.
     

  • Whole Foods Market awarded EPA Green Power Leadership award

    Austin, Texas -- Whole Foods Market said Tuesday it has received a 2012 Green Power Leadership Award for sustained excellence from the Environmental Protection Agency for its renewable energy purchase of 800 million kilowatt-hours (kWh) last year.  

    The annual award recognizes leading green power purchasers for their commitment and contribution to helping advance the development of the nation's voluntary green power market.
     

  • Walmart Canada calls on students for next great business idea

    TORONTO — Walmart Canada is leading the search for the next great business idea through its second annual Green Student Challenge.

    The retailer is looking for teams of post-secondary students from across the country to convince some of Canada's most successful business leaders that they have the most compelling breakthrough idea to change business as we know it. A total of $100,000 in cash will be awarded including $25,000 to the winners and $25,000 to the winners' school.

  • Wet Seal urges shareholders not to support activist’s plans to replace directors

    Foothill Ranch, Calif. -- On the heels of activist investor The Clinton Group’s announced plans to replace some of Wet Seal’s board members, the retailer is advising its shareholders against supporting the move.

  • Staples strategy focuses on growth, productivity

    FRAMINGHAM, Mass. — Staples plans to improve customer experience, accelerate growth and deliver value to shareholders through a new strategic plan. Under the plan, Staples will integrate its retail and online offering, increase investment in its online businesses, reorganize its operations, implement leadership changes, initiate a multi-year cost savings plan, and restructure its international operations.

  • Belle Foods selects Vestcom’s healthyAisles for in-store nutrition program

    Little Rock, Ark. -- Shelf-edge communications and marketing services provider Vestcom said Tuesday that regional supermarket chain Belle Foods has expanded its existing partnership with Vestcom to promote a customized nutrition program based on the grocer’s health and wellness goals.

  • ICSC: Holiday chain store sales to rise 3%

    New York -- A holiday preview report released Tuesday by the International Council of Shopping Centers said that sales are forecasted to rise 3% during the traditional November-December 2012 holiday period.

    Additionally, ICSC said it anticipates that the other two measures of U.S. industry holiday sales – shopping-center sales and GAFO-store sales – will increase slightly as well.  

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