Retail

Portsmouth, R.I. -- Readers now prefer e-books to printed paperbacks and use social media to help make purchase decisions, and Amazon.com is the overwhelming first choice for book purchases. Results of a survey of almost 3,000 readers conducted by novelist Marie Force show that 77% of respondents read e-books and 52% read paperbacks, although multiple answers to this questions were allowed meaning some readers may use both formats.

The Converse flagship in San Francisco is not only the sneaker brand’s first Northern California location; it’s also its largest and most innovative location to date. The 8,200-sq.-ft. store, which features Converse’s full line-up of footwear, apparel and accessories, is big on personalization, with an interactive system for designing one-of-a-kind Converse sneakers and clothing.  

New Delhi, India – The Indian government has eased its notoriously difficult restrictions on how foreign retailers must invest and source when doing business in the country. As reported by Reuters, foreign retailers will still have to source 30% of the products they sell locally, but now have five years to initially reach that goal and then have to meet it annually.

Warrendale, Pa. -- Teen apparel retailer rue21 has unveiled a new retail concept, rueGuy, with stores in Shore, N.Y., Harlingen, Texas, and New Boston, Ohio. The company plans to open an additional four locations by the end of August, and is on target to open approximately 20 rueGuy stores by yearend.

New York -- Guitar Center has named Christopher Ian Bennett as the company's first-ever VP communications and corporate affairs.

In his previous role, Bennett led Best Buy Canada's corporate communications department under Mike Pratt, who is Guitar Center's new CEO.

In his new role, Bennett will be responsible for the overall internal and external communications strategy of Guitar Center and affiliated brands, and will be charged with driving a clear and singular message.

Irvine, Calif. -- Photo-sharing site Socialbliss is launching a new social commerce platform called Marketplace. The Socialbliss Marketplace gives users the ability to list their own items for sale and link those pieces to inspiration images already existing on the site. This allows a viral conversation to begin which can lead to an item being sold.

Listing is free and backed by a 20% commission fee structure. Globally shoppable inventory on Socialbliss has hit $4.8 million.

Lakeland, Fla. -- Publix Super Markets on Friday announced it will enter the Asheville and Cary markets in North Carolina.

The supermarket operator will open a 49,000-sq.-ft store in Asheville, complete with a drive-thru pharmacy, in 2015.

The 49,000-sq.-ft. Cary store is tentatively planned for late 2014.
Publix previously announced its first three North Carolina locations, opening one in Ballantyne in early 2014 and two in the greater Charlotte area, which is slated for a late 2014 opening date.