Retail

Minneapolis – John J. Mulligan, CFO and executive VP of Target, is publicly calling for U.S. businesses to adopt chip-enabled smartcards. In a column published in the Congressional blog of political site The Hill, Mulligan said the attack on Target exposed the sophistication of today’s hackers and that the retailer had already been striving toward adopting chip-enabled smartcards, used in most of the rest of the world, before the holiday 2013 data breach.

Grand Forks, N.D. - Acme Tools is revamping its online customer experience by launching its redesigned e-commerce website with IBM WebSphere Commerce and BlueSky Technology Partners. The new acmetools.com has new features and functionality that deliver a significantly improved customer experience for easy online shopping.

Amazon did a bit of Valentine’s Day data mining of sales of romance novels and sexy music to come up with its fifth annual list of the nation’s top 20 romantic cities. And people are worried about the NSA’s activities?

Canton, Mass. - Dunkin' Brands Group, the parent company of Dunkin' Donuts and Baskin-Robbins, opened more than 50 non-traditional U.S. locations in 2013, at airports and other mass transportation terminals, casinos and resorts, military bases, and colleges and universities around the country.  

Dunkin' Brands currently has more than 600 non-traditional locations in the U.S.

Washington, D.C. -- The National Retail Federation on Monday urged Congress to take a comprehensive approach as it contemplates a national response to criminal cyber attacks in which millions of consumers’ credit and debit card numbers were stolen. NRF said retailers are willing to do their part to improve security, but that banks and card companies must also take major steps to shore up the current fraud-prone payments system.

Our industry has talked so much about omnichannel that it seems only the “aha” gets our attention anymore. Here’s the problem: Our talk is well ahead of our ability to execute. And execution is what matters.

Omnichannel isn’t sexy. It’s not about “Wow.” It’s about making it easier for people accustomed to an anything-anytime-anywhere world to do business with us. That’s primarily a question of organization, commitment and execution, for manufacturers as well as retailers.

Online premium-candy marketer Sugarfina has opened its first retail location, in Beverly Hills, Calif. The 1,400-sq.-ft. space is designed as a luxury candy boutique, with a large glass skylight and airy bubble chandeliers that hang like clouds in the sky. Sugarfina candy in hundreds of colors line the walls on thin floating shelves — the candy appears to be floating.
   

Hampstead, Md. – The correspondence between Jos. A. Bank and The Men’s Wearhouse continues, and it’s not all love letters. In response to a letter sent Jan. 30 from the Men’s Wearhouse board urging Jos. A. Bank to reconsider its recent all-cash offer to acquire Jos. A. Bank for $57.50 per share, or about $1.6 billion, Jos. A. Bank — which rejected that offer on Jan. 20 — does not sound anxious to revisit it in the most recent letter it sent to Men’s Wearhouse president and CEO Doug Ewert.