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eCommerce

  • American Eagle sets special dividend

    Pittsburgh -- American Eagle Outfitters Inc. said Wednesday that its board declared a special cash dividend of $1.50 and a regular quarterly dividend of 11 cents.

    The retailer said the total cash dividend of $1.61 will be paid on Oct. 10 to shareholders of record as of Sept. 26.

    American Eagle said the dividends are part of its cash strategy to invest in the company, while still returning profits to its shareholders.
     

  • Toys ‘R’ Us holiday plans include 'hot toy' reservations and 150 to 200 pop-up stores

    New York -- Toys “R” Us’ holiday 2012 plans include a “hot toy” reservation program, free and expanded layaway services and offering more exclusive toys from branded manufacturers along with more proprietary products. The nation’s largest specialty toy retailer also will open 150 to 200 temporary locations for the holidays under the Toys “R” Us Express banner.

  • First Data report: BTS boosts card spending in August

    Atlanta -- First Data Corp. reported Wednesday that consumers responded well to back-to-school and summer clearance sales in August, prompting an increase in August same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations.

  • Tesco selects Checkpoint Systems to implement EAS technology

    Thorofare, N.J. -- Supply chain solution-provider Checkpoint Systems said Wednesday it has been chosen by Tesco to implement a global EAS program to improve on-shelf availability of products, open merchandising and the consumer shopping experience.

  • Family Dollar to settle with New York store managers for $14 million

    Matthews, N.C. -- Family Dollar Stores said Wednesday it plans to settle a class-action matter with more than 1,700 New York store managers who filed suit on claims of unpaid overtime wages.

    The preliminary settlement provides for a maximum payment of $14 million by Family Dollar. Settlement terms are pending court approval, and the discounter plans to record a fourth quarter charge to cover the costs.

     

  • Ritz Camera to go out of business

    New York -- Ritz Camera & Image LLC plans to go out of business after 94 years and close its remaining 137 stores after it failed in a bankruptcy auction to find a buyer to keep the camera chain afloat, the Chicago Tribune reported.

    U.S. bankruptcy judge Kevin Gross in Wilmington, Del., approved a plan to turn over most of Ritz's assets to Gordon Brothers Retail Partners LLC and Hilco Merchant Resources LLC.

  • Charlotte Russe selects MICROS-Retail to revamp retail systems

    WESTBORO, Mass. — Charlotte Russe has partnered with MICROS-Retail, a division of MICROS Systems Inc., to develop and build a robust omni-channel solution as part of a revamp of its retail systems.

  • TRU CEO offers insights in Denver ahead of NYC holiday preview event

    WAYNE, N.J. — Toys"R"Us chairman and CEO, Jerry Storch, is making the rounds this week, as his company prepares for the holiday and questions remain on the status of it's IPO.

  • Cisco study: CE retailers should market products and services to less tech-informed consumers

    New York -- There is a new opportunity for retailers to market beyond the technology savvy and often male consumer pool to a larger group of less technology informed with customer service programs that provide basic device educational training around devices and product bundling to ease the buying experience,  according to a survey by Cisco Internet Business Solutions Group (IBSG).

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