Sales & Marketing

Arlington, Va. – Consumers who may need some time to decide if they want to keep a purchase should consider applying for a Discover card. According to the 2015 Credit Card Extension Report from CardHub, Discover Cards received top overall score (98%) for their return extension program.

Coming in second and third were Chase Sapphire Preferred (88%), and a tie among Chase Freedom, Barclaycard Arrival and Barclaycard Arrival Plus (79%).

Walmart is turning to the head of its Latin American business to take over as CEO of Walmart de Mexico.

Enrique Ostale, who is chairman of the board of the retailer's Latin American business, will take over as Mexico chief executive on Jan. 1. The position will oversee Walmart's operations in Mexico and Central America.

New York -- Supermarket operator Bi-Lo Holdings LLC, parent of the Bi-Lo and Winn-Dixie chains, said that Randall Onstead will step as president and CEO, effective March 1. The company has identified a successor, who will be named at a later date.

Onstead has been with Bi-Lo, and its parent company Lone Star Holdings, since 2008 when he was named chairman of Bi-Lo, which was then a standalone supermarket company. Under his tenure, the company went though and successfully emerged from Chapter 11 protection after which it went on to flourish and expand.

Chicago -- Nearly a quarter (21%) of consumers said that they are likely to return or exchange at least one of the presents that they received this holiday season. Additionally, male respondents expressed a greater interest in returning or exchanging gifts (30%) than female respondents (20%) by as much as 10%. That’s according to a survey by Retale, a location-based mobile platform connecting shoppers with their local retailers

With Chinese-made products suspected in the deaths of more than 1,000 dogs it’s no wonder Petco has removed Chinese-sourced food products from its 1,300 stores.

Petco announced it has completely removed all China-made dog and cat treats from shelves nationwide, including at Unleashed by Petco stores and online at Petco.com. Petco said the move makes Petco the first national pet specialty retailer to complete this transition.

New York -- In a deal that will greatly expand its luxury reach, Coach Inc. will acquire upscale footwear brand Stuart Weitzman Holdings from private equity firm Sycamore Partners. Coach will make initial cash payments of approximately $530 million to Sycamore Partners, and, in addition, will pay the firm up to another to $44 million in contingent payments upon hitting “selected revenue targets” over the next three years.

E-commerce sales at HHgregg surged during what was an otherwise unhappy holiday season that saw sales fall 6 percent and the company's share price tumble after it withdrew a 2015 profit forecast.

For the third quarter, the company estimated net sales of $666 million, a decrease of approximately 6% as compared to the prior year quarter. Same store sales for the third quarter decreased approximately 6%, with the appliance category relatively flat. However, the company estimated that its e-commerce sales were up approximately 59% for the third quarter.

Stamford, Conn. – High-end furniture and accessories retailer Lovesac has deployed NetSuite to run mission-critical business processes including financials/ERP, inventory and order management, CRM, and POS across its 60 stores in shopping malls across the U.S. All these processes are connected within NetSuite's single unified cloud solution.