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Retail

  • Shopko expands omnichannel ship-to-store program

    Green Bay, Wis. -- Shopko is expanding its omnichannel ship-to-store program, including the ability to buy products online and ship them to the store for free. After a successful pilot launch, the retailer expanded the program to its 310 locations across the U.S.    

  • Gap approves $500 million share buyback program

    San Francisco –- Gap Inc. has approved a new $500 million share repurchase authorization for the company’s common stock, in an effort to return excess cash to shareholders. The new $500 million repurchase program for Gap’s stock follows the company’s previous $1 billion share repurchase program.   

  • Price investments hinder Supervalu profits

    Supervalu president and CEO Sam Duncan is encouraged with the progress the retailer is making and why not. Identical store sales in the company’s Save-A-Lot units were up 6.5% in the second quarter.

    The company’s total sales for the period ended September 6, increased 1.8% to $4.02 billion while profits declined to $31 million, or 11 cents a share, from $40 million, or 15 cents a share. When adjusted for some non-recurring items, second quarter earnings were $34 million, or 13 cents a share.

  • Report: Total online Thanksgiving Day sales to top $1 billion

    Wilmington, Del. -- Total online Thanksgiving Day sales will top the $1 billion mark this year for the first time ever, increasing year-over at least 23.4%, with most purchases made after 6 p.m., according to BestBlackFriday.com, a website providing information regarding holiday sale pricing, shopping tips and news.  

  • Bonial eyes development of Retale brand

    Retail advertising solutions provider Bonial International, parent company of Retale, has placed several executives in key roles as it looks to disrupt the traditional retail advertising universe.

    Dan Cripe was name chief technology officer and Andrea Francesco Domeneghini was named chief marketing officer at Bonial and will be based in the company’s Berlin headquarters.

  • RadioShack to roll out Apple Pay, starting in five markets

    Fort Worth, Texas -- Starting next week, RadioShack will roll out its initial launch of Apple Pay at more than 900 RadioShack locations in five key markets: Manhattan, Washington, D.C., Chicago, Los Angeles and San Francisco.   

  • Starbucks launching mobile ordering in Portland; full U.S. rollout in 2015

    Seattle -- Starbucks Coffee Company continues to extend its mobile offerings. The coffee giant will launch mobile ordering in its locations in the Portland, Ore., area by year end, with a full rollout nationwide in 2015.    The mobile-order app will enable customers to place orders in advance of their visit and pick them up at their selected Starbucks location.   

  • Mattress Firm to open at Brookwood Village

    Birmingham, Ala. -- Brookwood Village, a mixed-use development located in the affluent Mountain Brook and Homewood area of Birmingham, Ala., announced that leading specialty bedding company Mattress Firm will join the shopping center’s merchant roster in 2015.       
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