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Retail

  • Gap adds Paraguay, Hungary to global growth plans

    San Francisco -- Gap Inc. announced Monday that it will introduce the Gap brand to Paraguay and Hungary through new agreements with existing franchise partners: Neutral for Paraguay and Gottex Brands for Hungary. The first Gap store will open later this year in Paraguay, joining Neutral’s 2012 Gap launch in Uruguay. And, in Hungary, Gottex Brands will open two Gap stores in Budapest. A specific timeline wasn’t released.

  • ShopperTrak acquires RapidBlue

    Chicago -- ShopperTrak announced Monday the acquisition of interior analytics provider RapidBlue Solutions Oy, based in Helsinki.

    RapidBlue uses radio frequency technology to collect shopper movement information, then transforms the anonymous data into information and insights that retailers can use to manage the marketing, merchandising and operations of their businesses.

  • Walmart annual shareholders meeting slated for June 7

    Bentonville, Ark. -- Wal-Mart Stores Inc. will hold its Annual Meeting of Shareholders on Friday, June 7, including an executive update by president and CEO Mike Duke.

    As many as 14,000 global Walmart associates are also attending the event, most arriving in time for elaborate pre-meeting activities. "Our success is only possible because of the hard work and dedication of our 2.2 million associates around the world,” said Susan Chambers, executive VP global people, at Walmart.

  • 7-Eleven to more than double North American store counts

    Tokyo -- A Sunday report by Bloomberg said that 7-Eleven parent Seven & I Holdings Co. is planning more acquisitions here and may more than double the number of c-store stores it operates in North America.

    The company “could increase our store number to 20,000 or even 30,000 [in North America],” chairman Toshifumi Suzuki told Bloomberg in an interview.  7-Eleven currently has more than 8,000 convenience stores in North America.

    No time-frame for the planned expansion has been defined.

  • Crate & Barrel brand implements SeeWhy conversion manager software

    Chicago -- Online shopping cart recovery provider SeeWhy announced that The Land of Nod – a Crate & Barrel multichannel banner that sells children’s furniture, bedding, and accessories – has deployed SeeWhy’s Conversion Manager Software as a Service (SaaS).  

    The turnkey e-commerce solution automates remarketing, boosts conversion and maximizes ROI by triggering personal marketing campaigns in real time based on a shopper’s everyday website browsing behavior.

  • Study: Shipping options, flexible returns can drive consumer loyalty

    Atlanta -- Results of research released Monday by comScore and UPS showed that the more options an online consumer has, the more loyal and dedicated she may be. In fact, integrating social and mobile media, as well as providing shipping options and flexible returns, can drive brand loyalty as consumers seek out more choices and convenience when shopping online.

  • Boneheads announces senior management team

    Atlanta -- Restaurant brands Boneheads Grilled Fish and Piri Piri Chicken has announced a new senior management team and board of directors, intended to ramp up the five-unit chains’ expansion plans.

    Boneheads franchisee Ron Barber has been appointed chairman of the board, and Beef O’Brady’s and Brass Tap chief development officer James Walker has been named to the board of directors.

  • Tiffany to open Moscow store

    New York -- Tiffany & Co. has announced plans to open a two-level store in Moscow’s GUM luxury department store, located in Red Square. At about 4,520 sq. ft., the new store is Tiffany’s first wholly owned retail business in Russia, and is expected to open in the first quarter of 2014.

    “Establishing a presence at this preeminent department store is a milestone in our growth strategy as a leading global luxury brand and underscores the importance of the Russian market,” said Frederic Cumenal, executive VP Tiffany & Co.

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