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Retail

  • Study: Zappos is fastest holiday shipper

    New York -- Zappos took the top spot in a ranking of fastest holiday shippers according to a study by Kurt Salmon and StellaService. The study analyzed shipping times for orders placed on Cyber Monday from more than 50 retailers across a broad range of retail sectors, from big boxes to online-only players. It found that retailers in the top-five delivered multi-unit orders in an average of 2.9 days.

    The top five companies for holiday shipping are the following:

  • Newegg files opposition to Soverain Software’s Supreme Court petition

    Los Angeles – Newegg has filed an opposition to Soverain Software's petition for the Supreme Court to review a January 2013 ruling by the Federal Court of Appeals in the Eastern District of Texas that found Newegg and other e-commerce retailers did not violate a patent on e-commerce shopping cart technology held by Soverain. In district court actions in the Eastern District of Texas, Soverain had obtained settlements and won jury verdicts estimated at more than $70 million.

  • Target: Encrypted PIN data stolen during credit card breach

    Minneapolis -- Target Corp. admitted Friday that “strongly encrypted PIN data” was removed during the hacking that compromised some 40 million credit- and debit-card accounts between Nov. 27 and Dec. 15. The retailer said it remains “confident” that customers’ PIN numbers are safe and secure.

  • Village Tea launches e-commerce site

    New York -- Village Tea Distribution Company Inc., in partnership with Village Tea Direct LLC, has launched the company's updated e-commerce platform. The site features a more product-focused interface with consumers.

  • Report: Kroger renovates Ohio stores; plans to spend $330 million on renovations

    Columbus, Ohio – Kroger reportedly recent spent $9 million on renovating a store in the Columbus, Ohio, area, and plans to spend another $9.4 million renovating three other stores in the area of its headquarters city. According to the Columbus Dispatch, this spending is part of a larger $330 million the retailer plans to spend on renovations by the end of the current fiscal year.

  • ICSC: Holiday sales up 1.4% week ending Dec. 21

    New York -- Weekly sales rose by 1.4% for the week ending Dec. 21, 2013. According to figures from the International Council of Shopping Centers (ICSC) and the Goldman Sachs Weekly Chain Store Sales Index, on a year-over-year basis, the pace of sales also improved and grew by 2.7%.

    For December, ICSC Research expects monthly sales will increase between 3% and 4% as the promotional environment continues to be intense.

  • Bulletin releases new dealfinder app

    San Diego – Mobile messaging provider Bulletin has released DealSiftr, a mobile dealfinder app for iOS devices. With DealSiftr, users fill out a personal profile to tell the app exactly what they're looking for, and then DealSiftr will serve up the most relevant daily deals straight to the user's mobile device.

  • Walgreens earns perfect score on Corporate Equality Index

    Deerfield Park, Ill. – Walgreens received a perfect score of 100% on the 2014 Corporate Equality Index (CEI). This marks the ninth year Walgreens earned 100% on the CEI, a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation.

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