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Retail

  • Belk taps Accenture to help deliver seamless multichannel experience

    New York -- Accenture has been selected by Belk, the largest family-owned and -operated department store company in the United States, to help the retailer deliver a seamless experience to customers across all shopping channels – in-store, online and mobile – as part of its omnichannel transformation initiative. Financial terms of the agreement were not disclosed.
     

  • Spindle acquires Yowza!!

    Spindle, a leading provider of mobile commerce solutions, has acquired Los Angeles-based Yowza!!, a leading provider of mobile couponing technology. As a result of the transaction, Spindle will integrate its MeNetwork mobile marketing services with the Yowza!! mobile couponing solution to deliver an end-to-end mobile commerce service.

    The new mobile commerce offering will have an existing user base of nearly 2 million consumer downloads, and approximately 95,000 merchant locations.

  • Men’s Wearhouse makes $1.6 billion hostile offer for Jos. A. Bank

    Fremont, Calif. – The latest chapter in the continuing rivalry saga of The Men’s Wearhouse and Jos. A. Bank Clothiers, Inc. has opened with Men’s Wearhouse making a hostile cash tender offer of $57.50 per share for Jos. A. Bank. The offer, which expires on March 28, 2014, is worth about $1.6 billion.

  • New Kathy Ireland product line is for the dogs

    Worldwise, a leading consumer pet products company, has entered into a long-term, exclusive licensing agreement with kathy ireland Worldwide (kiWW). Kathy Ireland will develop a line of pet products with the Worldwise team and market the collection under the brand kathy ireland Loved Ones.

  • Report: Bezos suffers New Year’s Day kidney stone attack

    Seattle – Jeff Bezos, founder and CEO of Amazon.com, reportedly had to be flown from the Galapagos Islands in Ecuador on Jan. 1, 2014 for emergency treatment of a kidney stone attack. According to NBC News, the Ecuadorian navy flew Bezos by helicopter from a cruise ship to his private jet, which then took him to the U.S. treatment.

    Amazon.com sources indicated that Bezos did not require surgery and is doing well.

     

  • Former Lumber Liquidators exec heads to Gracious Home

    New York City-based home furnishings retailer Gracious Home has named Rob Morrison as its new chief operating officer. The former Lumber Liquidators executive begins his new role Jan. 6.

    At Lumber Liquidators, Morrison was senior VP of stores and operations, a position he held since January 2006. He was also president of Artistic Tile from 2004 to 2005.

  • Walgreens December sales grow 7.2%

    Deerfield, Ill. -- Walgreens had December sales of $7.20 billion, an increase of 7.2% from $6.72 billion for the same month in fiscal 2013.

  • Belk enlists Accenture in search to be seamless

    An omnichannel transformation initiative underway at department store retailer Belk is being executed with the aid of Accenture following a recent agreement between the operator of 300 stores and the global management consultancy.

    Accenture has worked with Belk previously, but the recently announced agreement brings the consultant and retailer closer together as Belk looks to improve on its ability to provide customers a more seamless experience as part of its wide-ranging Omnichannel Transformation Initiative.

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