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Retail

  • Study: Amazon, Sears most price dynamic retailers

    Ottawa, Canada – Leading the pack of the most price-dynamic retailers are Amazon and Sears, according to analysis from price intelligence technology vendor 360pi. Both retailers change prices on 15%-20% of their 360pi-sampled assortment on a daily basis.

  • Whole Foods to expand loyalty, marketing, home delivery

    Austin, Texas – Whole Foods plans to expand its loyalty, marketing and home delivery programs. In a conference call with investors, co-CEO Walter Robb said Whole Foods will launch its first national marketing campaign in fall 2014, with a focus on how the retailer is better and different than its competitors.

  • Susser Holdings to vote on Energy Transfer Partners purchase Aug. 28

    Corpus Christi, Texas -- Susser Holdings Corp. has set a date for a special meeting of its stockholders to consider and vote on the previously announced proposed acquisition of Susser Holdings by Energy Transfer Partners L.P. (ETP) and certain other matters. The special meeting will be held on Aug. 28, at Susser's corporate offices.

  • Babies ‘R’ Us offers breastfeeding services

    Wayne, N.J. – Babies “R” Us has introduced a comprehensive series of services and solutions designed to help new and expectant parents with newborn feeding. The company has partnered with Medela, a manufacturer of breast pumps and postnatal supplies, to provide the Medela Breast Pump Rental Service to parents nationwide.

  • Nordstrom to acquire online menswear retailer Trunk Club

    Seattle – Nordstrom has entered into an agreement to acquire Trunk Club, a personalized clothing service for men. Trunk Club's 250 personal stylists build one-to-one relationships with their members to understand their lifestyles and styling preferences before hand-selecting merchandise that is then shipped to the customer.

    Customers keep what they like and return the rest for free. There is no membership fee, no obligations and no commitments.

  • Wet Seal names Iris Mobile as mobile agency

    Foothill Ranch, Calif. – The Wet Seal Inc. has named Iris Mobile as its mobile messaging agency. Iris Mobile will support the brand's mobile marketing programs with Rich Media Messaging (RMM) to help the retailer strengthen its presence and connect more personally with its mobile customers.

  • RadioShack investor urges lender repayment, says it will help

    New York -- A report by Bloomberg said that investor BlueCrest Capital Management is urging RadioShack to repay the lenders that are blocking plans to shutter stores.

    The electronics retailer announced last March that it would close 1,100 stores; it later reduced the number of closures to 200 per year for three years after negotiations with lenders failed.

    BlueCrest said it supported the company's decision to shut stores to stem losses and was willing to provide financing, Bloomberg said.
     

     

  • Ugam releases assortment management tool

    New York - Ugam, a provider of managed analytics technology, has released Assortment Intelligence, a solution that generates insights for retailers about what products to keep, carry and drop, based on real-time data collection and analysis. The solution delivers rich, accurate, up-to-the-minute data that helps merchandisers identify assortment gaps and opportunities to differentiate their offerings.

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