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  • A CPG success story cut from stone

    Driving sales with an established brand at multiple retail accounts is hard enough for the biggest consumer packaged goods companies. Creating a new brand in a nonexistent category is even more daunting as a pair of entrepreneurial family members discovered a decade ago when they launched the Granite Gold line of stone-care products. This is their story.

    Two stone guys with no experience in consumer package goods or retail set out to conquer the world by trying to fit a square peg into a round hole.

  • Macy’s deploys advanced fuel cell technology from Bloom Energy

    Cheshire, Conn. -- Macy's and Bloom Energy announced that an innovative clean electricity generation system has been installed at Macy’s online fulfillment center in Cheshire, Conn. The servers, from Bloom Energy, use an advanced solid oxide fuel cell technology to produce electricity on-site.

  • Consolo and Aquino Bring Intimacy to Flatiron

    New York — INTIMACY (bra fit stylists) has opened a lingerie shop at 104 Fifth Avenue in the New York City’s Flatiron retail district. Faith Hope Consolo Chairman, and Joseph A. Aquino, executive VP of Douglas Elliman’s Retail Group, represented the landlord in the transaction. Stacey Robins Realty represented INTIMACY.

    Other national and international brands with stores in the area include Aldo, Anthropologie, Banana Republic, Coach, J.Crew, Kenneth Cole and 7 for all mankind.

     

  • Study: Four-in-10 smartphone users buy with device

    Dallas – Four-in-10 (43%) of U.S. smartphone users purchased a good via their device in the last month. The new Parks Associates study “Mobile Commerce: Keys to Mass Adoption” also shows that 54% of Target shoppers have used their smartphone to make an in-store purchase in the last month, compared to 38% of Wal-Mart customers.

  • RadioShack and Citi Retail Services extend consumer credit agreement

    Atlanta -- RadioShack and Citi Retail Services announced a long-term agreement to extend their 28-year consumer credit relationship. Under the agreement, Citi will continue to provide service-enhancing solutions and analytics in support of RadioShack’s targets for growth. RadioShack customers will continue to enjoy comprehensive financing programs and top-tier customer service.

  • Report: CVS, Starbucks, other retailers coming to Boston’s South Station

    Boston – Retailers including CVS and Starbucks, as well as Tavern in the Square and an independent bookstore, are soon coming to the South Station transportation terminal in Boston.

    According to the Boston Globe, real estate management firm Equity Office says CVS will open a two-story store in South Station in March 2014. Construction, including an elevator and escalator, is expected to start in November 2013.

  • Overstock.com’s Club O rewards program bolsters Q3 results

    Overstock.com’s growing Club O rewards program helped to drive 18% revenue growth and $3.5 million in net income for the third quarter ended Sept. 30.

  • Report: Wal-Mart to shut 20 China stores

    Bentonville, Ark. – Wal-Mart Stores will reportedly close 20 underperforming stores in China next year as part of an overhaul of its Chinese operations. According to Bloomberg, Wal-Mart is restructuring its business in China, including a new management structure and more efficient purchasing operations.

    However, Wal-Mart still plans to open 100 stores in China during the next three years. A Wal-Mart executive said the stores being closed there do not have ideal locations or layouts.

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