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  • Cabela’s announces new credit facility

    Sidney, Neb. -- Cabela’s Inc. announced the signing of a new credit facility with a consortium of financial institutions led by U.S. Bank.

    The new $415 million, five-year credit facility replaces Cabela’s existing $350 million, five-year agreement signed in 2007. Additionally, the new facility may be increased to $500 million subject to certain terms and conditions.

  • AutoTrader using IBM Smarter Commerce to accelerate online marketplace

    Armonk, N.Y. -- IBM announced that AutoTrader.com, a leading online automotive marketplace, is using IBM technology for Smarter Commerce as part of its electronic sales order system to simplify and accelerate the ordering experience for its dealer and manufacturer customers.

  • Conversocial tallies consumer complaint social media scorecard for U.S. retailers

    NEW YORK — The ways in which the largest U.S. retail brands address the needs of their customers on Facebook and Twitter were unveiled last week in a white paper — Safeway and Sears topped charts; Costco, Kmart, Kroger and Walmart were found wanting, according to Conversocial, a software company that develops social media tools.

  • Big Y launches mobile app powered by AisleBuyer

    SPRINGFIELD, Mass. — A regional supermarket chain is looking to enhance its customers' shopping experience with the introduction of a new mobile application.

    Big Y said that its mobile app — powered by mobile commerce platform provider AisleBuyer's mShop, which allows shoppers to scan barcodes to view and compare product and nutrition information, access customer reviews and receive personalized coupons and offers — is designed to deliver enhanced customer service and engagement.

  • Again with the low-to-mid single-digit increases

    Target reported a 3.3% same-store sales increase for October and a similar figure could be in order for November as the company again provided guidance calling for a low-to-mid single-digit increase.

  • Big Y taps AisleBuyer for mobile shopping app

    Boston -- AisleBuyer and Big Y Foods announced a partnership to provide Big Y’s customers with a mobile application for iPhone and Android devices that seeks to deliver a new level of customer service and empowerment.

  • Ascena appoints executive VP and COO

    Suffern, N.Y. -- Ascena Retail Group announced that John Sullivan has been appointed executive VP and COO.

    In this newly created position, Sullivan will be responsible for information technology, distribution, and human resources information systems across all brands. Prior to joining the company, he served as executive VP and CIO for QVC.
     

  • Jones Lang LaSalle launches cloud-based portfolio management solution

    Chicago -- Jones Lang LaSalle said Monday that it has launched IntelliCommand, the industry’s first integrated building management solution that combines cloud-based, smart-building technology with a team of engineering and operations professionals to enable 24/7, real-time remote monitoring and control of facilities and portfolios worldwide.

  • Make your holiday mobile strategy ring the registers

    By Bryon Morrison, president/Wireless Practice, The Marketing Arm

    Can you hear that noise? It is the melodious sound of sleigh bells, phones, and cash registers ringing. The holiday shopping season is almost here and strategies incorporating mobile marketing can expand your database, reaffirm customer loyalty, and usher in new multichannel techniques to make the most of this holiday season — but only if you get your plan into action right now.

    Holiday marketing strategy and the current environment

  • Carphone Warehouse to sell U.S. joint-mobile stake to Best Buy, and close U.K. Best Buy stores

    New York City -- Best Buy Co. said Monday it is buying out its joint venture partner, Carphone Warehouse Group PLC, in its fast-growing North American mobile business for $1.34 billion. As part of the reorganization of its relationship with the U.S. consumer electronics giant, Carphone Warehouse will shutter the 11 pilot big-box Best Buy stores it opened last year in the United Kingdom.

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