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Retail

  • Survey: Online grocery experience needs improvement

    London – Three-quarters of online shoppers have shopped online for groceries and 40% of these do so on a regular basis, but only one-third of grocery shoppers rate their experience as “easy.” And only one-in-five (19%) of those surveyed by EDigitalResearch are delighted with their online grocery experience.

  • Massachusetts approves $11 hourly minimum wage

    Boston – The Massachusetts House of Representatives has approved a bill that would gradually raise the state’s minimum wage from its current hourly rate of $8 to $11 by 2017, which would make it the highest state minimum wage in the country.

    The state Senate has already approved the bill, which is expected to be approved by Gov. Deval Patrick (D) after a procedural Senate vote. Under the legislation, the minimum wage would rise to $9 per hour on Jan. 1, 2015; to $10 on Jan. 1, 2016; and finally to $11 on Jan. 1, 2017.

  • Rent-A-Center names VP of omnichannel

    Plano, Texas -- Reporting to Joel Mussat, executive VP and chief omnichannel officer, Rent-A-Center, Ian Cohen has been charged with working cross-functionally to create a seamless approach to the consumer experience across a variety of shopping channels. His responsibilities include the design, development, and implementation of a digital-commerce solution that ensures customer demands are met.

  • Cole Haan opens Tokyo flagship, plans Asia growth

    Scarborough, Maine -- Cole Haan is opening a flagship location in the Ginza, Tokyo's premier shopping district. The 2,000-sq.-ft. store debuts the company’s global format. Cole Haan also plans to use the store as a launching point for growth in the Asia-Pacific region.

    Architecture firm Anderson Architects in New York led the design of the ground-floor store, in partnership with local architects Garde Co.

  • Alco net loss widens on taxes; CFO departs

    Coppell, Texas – Alco Stores Inc. reported a net loss of $8.1 million in the first quarter of its fiscal year, up from a loss of $1.7 million in the year-ago period, amid an elimination of a tax benefit. The company also announced its CFO has left the company.

    Net sales decreased 4.1% to $104.7 million, compared to $109.2 million in the first quarter of fiscal 2014. Same-store sales, excluding fuel centers, decreased 7.1%. Alco president and CEO Richard Wilson cited several ongoing initiatives as providing promise for future performance.

  • Macerich and HGTV prep holiday marketing effort

    Santa Monica, Calif. — Macerich is collaborating with HGTV, a home and lifestyle cable network, to create Santa HQ, an interactive holiday experience, at 10 Macerich malls. The initiative aims to add digital and social media to the traditional holiday experience of visiting Santa.

  • Three retailers to centers in NW Chicago’s suburbs

    Oakbrook Terrace, Ill. — Mid-America Asset Management Inc. has announced that the firm recently secured new retail leases on behalf of three shopping centers in Chicago’s northwest suburbs.

    Fruitful Yield has taken 6,630 sq. ft. in North Tower Plaza in Elmwood Park, Illinois. The 26,088-sq.-ft. center features Super Cuts, Great American Bagel and Subway. Mid-America represented the landlord, while JLL represented the tenant.

  • CloudTags partners with Brickstream for in-store analysis

    New York - CloudTags, an omnichannel marketing technology company, is partnering with Brickstream, an in-store analytics vendor. The partnership will enable the analysis of physical store intent and behavioral data through a comprehensive in-store data platform.

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