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Retail

  • Holiday hiring starting early

    Indianapolis -- The calendar may read August, but Hhgregg is already looking to firm up its holiday hiring.

    The appliance, electronics and furniture retailer announced it is hiring 550 full-time and part-time in-store sales associates. As the holiday shopping season continues to tiptoe earlier into the calendar year, Hhgregg said it is looking to have their stores fully staffed and associates trained and ready to greet shoppers getting a jump on the holiday rush.

  • Poll: New Yorkers want Walmart

    New York -- Local politicians and local New Yorkers differ in their views on Walmart.

    Fifty-five percent of New York City residents want elected officials to let Walmart open a store within the five boroughs, according to a poll by Quinnipiac University.

    The results are similar to a poll conducted by the university four years ago, when the retailer made a failed push to open in Brooklyn.

  • Target goes digital — in Vogue

    New York -- Target Corp. is going interactive on the pages of Vogue’s September issue.

    The discounter will run an advertising campaign in Vogue that utilizes Shazam’s new visual-recognition technology and makes print ads shoppable through a consumer’s smartphone, the New York Times reported.

    Some 100 Target products appear in the company’s Vogue ads, with roughly 30 available to buy using “shop now” buttons on the Shazam-enabled online site, according to the report.

  • Report: Sephora expanding omnichannel lineup with subscription service

    New York  Sephora is enhancing its omnichannel appeal by taking a page out of Birchbox’s playbook.

    The beauty giant will test a beauty subscription service, called Play! By Sephora, in Boston, Cincinnati, and Columbus, Ohio,  in September, reports Women’s Wear Daily, with additional markets to be added in 2016.

  • Young entrepreneurs group hopes to get Microsoft grant

    New York — Where would the retail industry would be without entrepreneurs? The growth of retail is dependent on individuals who identify opportunities and take risks. Now, an organization that fosters that mentality among a future generation of difference-makers needs your vote!

    Enactus USA, formerly called Students In Free Enterprise or SIFE, is looking to earn a $500,000 grant from Microsoft in the tech company’s #UpgradeYourWorld campaign which runs through August 23.

  • NRF: Retailers increase imports with eye toward holidays

    Washington, D.C. — Import cargo volume at the nation’s major retail container ports is expected to increase 3.6% in August 2015 from the same month in 2014 as retailers begin to bring in merchandise for the holiday season. According to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates, imports for the year are expected to be up 4.2% from 2014.

  • Charles & Colvard shrinks Q2 loss on lower tax expense

    Morrisville, N.C. — While specialty jewelry retailer Charles & Colvard Inc. saw sales decline and many expenses rise in the second quarter of fiscal 2015, a sharp decrease in income tax expense allowed the retailer to reduce net loss to $4.05 million from $6.19 million in the prior-year period.

    Net sales declined 5% to $7.48 million from $7.84 million.

  • Expenses hit Overstock profit; big plans for encryption

    Salt Lake City – Online discount retailer Overstock.com saw its second quarter profit diminished by expenses including technology spending, but still remains bullish on the upcoming release of its “cryptobond” financial encryption service.

    Overstock reported net income of $1.7 million in the second quarter of fiscal 2015, down 10% from $1.9 million the same quarter a year earlier. Rising technology expenses, as well as increased expenses related to staffing and sales and marketing, drove the decrease in profit.

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