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Store Systems

  • What retailers need to know about the new $100 bill

    MT. PROSPECT, Ill. — A newly redesigned $100 bill designed to thwart the efforts of counterfeiters is due to hit the market in early October, creating new challenges for retailers.

    In recent years, the United States government redesigned multiple banknotes to curb counterfeiting. As Cummins Allison, a leading innovator and provider of coin, currency and check handling solutions, explains, government officials are always looking for ways to stay one step ahead of those trying to forge U.S. currency.

  • RadioShack says its balance sheet remains strong

    Fort Worth, Texas -- RadioShack Corp. on Friday released a statement in which it said that its balance sheet continues to be strong, with total liquidity of $820 million at the end of the first quarter. The chain released the statement the day after a report said the retailer was considering hiring a financial adviser.

  • Study: 81% research online before making big purchases

    STAMFORD, Conn. — GE Capital Retail Bank’s second annual Major Purchase Shopper Study has found that a growing number of consumers extensively research and compare prices and financing offers before making major purchases.

  • Sport Chalet, Los Angeles

    Sport Chalet has opened its first urban retail concept, at the renovated FIGat7th center in downtown Los Angeles. Sleek and contemporary looking, the 27,000-sq.-ft. store puts the emphasis on education and training, with a dedicated central area, the “Expert Center,” for classes and clinics. It’s designed to facilitate customer interaction with in-store experts on any topic, ranging from bike repair to the area’s best surfing spots.

  • RadioShack contends balance sheet remains strong

    FORT WORTH, Texas — RadioShack released a statement in which it contends its balance sheet remains strong, with total liquidity of $820 million at the end of the first quarter.

    The retailer released the statement a day after reports said it was considering hiring a financial adviser as a result of debt maturities, bloated inventories and slumping sales.

  • Walgreens integrates with LifePics photo network

    Deerfield, Ill. – Walgreens is integrating its QuickPrints one-hour photo printing technology with the LifePics photo printing network. This means that LifePics users can now order photos through the LifePic mobile app, website or LifePic partner, and have them printed in an hour at any Walgreens store.

    "With our more than 8,000 locations, we look forward to expanding printing options and services for this category," said Jasbir Patel, senior director of photo, daily living and omni-channel for Walgreens.

     

  • Uniqlo revs up U.S. expansion with 10 stores this fall

    New York -- Uniqlo is expanding its U.S. footprint. The Japanese apparel retailer, a division of Fast Company, will open 10 more U.S. stores this fall, in New York, New Jersey, Connecticut, and California.
     
    The new locations, all in shopping centers, will bring the brand’s presence in the United States to a total of 17 sites.

    The 10 new Uniqlo locations include:

  • Destination Maternity flagship to open in Virginia Beach

    Virginia Beach, Va. -- Destination Maternity Corp. has leased 5,033 sq. ft. for a new flagship store in The Town Center of Virginia Beach, according to Divaris Real Estate.

    Motherhood Maternity will close all of its locations in Southside Hampton Roads and move into the new Destination Maternity in September. The new store will carry all of the retailers concepts including Motherhood Maternity and A Pea in the Pod.

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