Retail

Software Paradigms International (SPI), a leading global, award-winning retail IT services and solutions provider, has acquired Shiloh Technologies, an Arkansas-based analytic software company for retailers and suppliers.

“This acquisition was strategic, allowing us to extend our product portfolio to provide POS analytics from retailers to their suppliers. It also provides Shiloh clients with the opportunity to leverage our global services and products — providing both companies with endless opportunities,” said Sid Mookerji, CEO and co-founder, SPI.

New York -- The board of directors of Tiffany & Co. has appointed Frederic Cumenal to the position of president of Tiffany & Co. and also appointed him to a newly created seat on the company’s board. Cumenal, 54, who has been with Tiffany in a regional executive role since March 2011, will retain his regional responsibilities and will assume responsibility for the design, merchandising and marketing functions.

In a digital arena where e-commerce businesses are vying for traffic, Virtual Piggy has continued expanding its footprint — 500,000 users have signed up for its family wallet solution. 

Wayne, N.J. – Toys “R” Us, Inc. plans to hire 45,000 employees to staff its stores and distribution centers nationwide for the upcoming holiday season. This number is basically flat from last year’s holiday staffing totals.

Tiffany & Co.’s board of directors has promoted Frederic Cumenal to the position of president and appointed him to a newly created seat on the board. 

Cumenal, who has been with Tiffany in a regional executive role since March 2011, will retain his regional responsibilities and will assume responsibility for the design, merchandising and marketing functions.

If it feels like summer just ended, that’s because it did: the first day of fall was Sept. 22. But you can bet your bottom dollar that retailers aren’t going to let a little thing like the calendar get in the way of moving forward with their holiday plans. In fact, if the recent spate of depressing economic news is any indicator, this year some brands might literally be betting their bottom dollar on the anticipated holiday sales boost.

As part of its efforts to strengthen its digital footprint, Walmart has launched its first-ever original reality series developed specifically for the Web. 

The new weekly Web series highlights 20 finalists in the Walmart Get on the Shelf contest, which encourages entrepreneurs to present products to Walmart customers.

Evansville, Ind. — Schnuck Markets plans to open two stores and remodel three locations in southwest Indiana, the supermarket chain said Tuesday.

Schnucks said it planned to invest more than $11 million in Evansville, Ind., which is the largest city in southwest Indiana. Chairman and CEO Scott Schnuck announced the plans at the Southwest Indiana Chamber of Commerce's annual meeting and dinner.