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Retail

  • Electronic Arts makes retail debut with EA Sports Experience

    New York City -- Videogame maker Electronic Arts has entered the retail arena, opening the EA Sports Experience store, at the Charlotte Douglas International airport, Charlotte, N.C. It will open two additional U.S. airport locations by the end of 2011.

    The store sells EA Sports’ games and branded apparel, as well as gear from local sports teams. It features televisions with live sports programming, comfortable seating and electrical outlets to charge portable devices. Customers can also play their favorite EA Sports video games.

  • RFID lives at fourth annual forum next month

    The prospect of learning how RFID can improve supply chain performance and the bottom line is the focus of the fourth annual RFID Forum to be held Oct. 25 to 26 in Fayetteville, Ark. The event is a creation of the Council of Supply Chain Management Professionals (CSCMP), the University of Arkansas RFID Research Centers and the Voluntary Interindustry Commerce Solutions (VICS) Association.

  • Target unveils Missoni pop-up at New York Fashion Week

    NEW YORK — The third annual Fashion’s Night Out -- created by Vogue editor Anna Wintour -- kicked off on Thursday, Sept. 8, at 6 p.m. Although the shopping extravaganza has spread to more than 100 U.S. cities as well as select cities abroad, its nexus remains in New York City. More than 1,000 Big Apple merchants and designers are participating in the event, which is the kickoff to the city’s Fashion Week industry gathering.

  • Men’s Wearhouse Q2 profit up 33%, looks to open 110 stores in next five years

    Houston -- Increased sales across its brands helped drive The Men's Wearhouse’s second-quarter net income up nearly 33%, beating estimates.

    The retailer earned $57.1 million for the fiscal quarter that ended July 30, up from $43 million in the same quarter last year.

    Revenue increased 22% to $655.5 million. Men's Wearhouse said its purchase in 2010 of two British uniform and work-wear companies helped drive business.

  • Best Buy turns to third-party sellers to boost online presence

    MINNEAPOLIS — Best Buy has joined the likes of Amazon and eBay with the launch of its own third-party shopping destination. The move comes as Best Buy looks to grow its online business as it struggles to maintain leadership of a saturated consumer electronics market.

    According to Best Buy, Best Buy Marketplace will increase the company's online product assortment by one third in time for holiday shopping.

  • Toys ‘R’ Us enhances omnichannel offerings

    Wayne, N.J. -- Toys “R” Us is adding a new feature to its “Buy Online, Pick Up In Store” service in time for the 2011 holiday whereby customers using the service will have the ability to designate an alternate person to pick up their order through “Family and Friends Pick Up.” The “Buy Online” service allows customers to shop from the comfort of their own homes, and then to pick up their purchases at the Guest Services desk at a nearby Toys “R” Us store.

  • Study: Consumers spending more, less often

    NEW YORK — Consumers are spending more, but doing so in fewer transactions, according to American Express Business Insights’ most recent Business Insights Spend Sights report.

    The study, which examines spending patterns across several key categories, U.S. cities and demographic groups, finds that while economic uncertainty continues to dampen overall consumer confidence, a new pattern of less frequent but measurable splurging has become evident among a range of customer groups in several categories.

  • Banana Republic opens first store in Russia

    San Francisco -- Gap has opened its first Banana Republic store in Russia, in Moscow's AfiMall City. In related news, the company will open its first Gap store in Belgrade, Serbia, on Friday.

    “We are very proud to not only be introducing Banana Republic to Russia, but also opening our 200th franchise store,” said Stephen Sunnucks, president, international, Gap. “This is a significant landmark for our goal of growing our franchise store base to 400 by 2014.”

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