Sales & Marketing

Dallas - Neiman Marcus Group customers will be able to purchase items through the new “Buyable Pins” e-commerce service across Pinterest, including the company’s Pinterest page, later in June. Millions of pins on Pinterest will now become buyable, meaning customers will be able to purchase Neiman Marcus items they have pinned or discovered on any iOS-enabled device with a few taps.

Fred's Super Dollar increased sales in May, one month after joining forces with specialty pharmacy operator EntrustRx.

New York – Same-store sales generally showed modest growth in May 2015, on the whole meeting Wall Street analyst expectations. The apparel vertical in particular generally outperformed analyst predictions, although Gap, Banana Republic and Zumiez all reported negative same-store sales growth.

Following is a review of May same-store sales by vertical:

Apparel
Banana Republic: – 5%
The Buckle: 2.4%
Gap: – 6%
L Brands: 5%
Old Navy: 6%
Stein Mart: 1.9%

GS1 US has recognized three companies with GS1 US Apparel and General Merchandise Retail Industry Achievement Awards.

Philadelphia – Five Below Inc. reported healthy profit and sales gains in the first quarter of fiscal 2015 and is planning to open 155 stores in the next two fiscal years. The retailer’s net income totaled $4.28 million, up 39% from $3.08 million a year earlier.

Higher gross profit and the elimination of debt extinguishment loss helped Five Below reach above in net income. Five Below plans to open 70 stores and enter six new states in 2015, and plans 85 openings for 2016.

Retailers planning their assortments for the holidays should get excited about a slew of new and innovative toy offerings from Disney.

Disney Consumer Products says it is joining together connected toys and wearable technology to put kids at the center of the world’s greatest stories from Disney, Marvel and Star Wars. A new system of toys and wearables from Disney will use smart technology to inspire kids to run around and use their imaginations, as they become the hero or heroine of stories from across the Walt Disney Company.

Kohl’s is stepping up again to make summer activities free for families this summer through a partnership with Summerfest.

The partnership will offer educational, fun and creative activities for children of all ages and their families, as well as the opportunity for patrons to gain free admission to the Summerfest festival.

Lawrenceville, N.J. - GS1 US has recognized three companies with GS1 US Apparel and General Merchandise Retail Industry Achievement Awards. The awards, which honor organizations that have implemented GS1 standards to deliver outstanding achievements in innovating the retail supply chain, were presented to the following winning companies in three categories:

• GS1 US Retailer Excellence Award: Macy’s Inc.
• GS1 US Supplier Excellence Award: PVH Corp.
• GS1 US Solution Provider Excellence Award: OpenText|GXS