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Store Systems

  • PetSmart fetches for omnichannel growth with GSI

    KING OF PRUSSIA, Pa. — GSI Commerce, an eBay Inc. company, said it has extended its contract with PetSmart to support the retailer’s omnichannel strategy with webstore, fulfillment and customer service solutions. GSI has worked with PetSmart since 2007, and this contract will extend the relationship for three years.

  • Kohl’s opens nine stores on Wednesday, 30 remodels on tap

    Menomonee Falls, Wis. -- Kohl’s reported Wednesday the simultaneous grand openings of nine new stores in seven states, bringing the retailer’s total store count to 1,155.

    Stores open Wednesday in Decatur, Ala., Danville, Ill., Ames, Iowa, Cedar Rapids, Iowa, Minot, N.D., Sherwood, Ore., Hermitage, Pa., Spring Township, Pa. and Denton, Texas.

    “As Kohl’s continues to grow, investing in our stores remains a priority,” said Kevin Mansell, president and CEO.

  • Kohl's store openings roll on

    MENOMONEE FALLS, Wis. -- Kohl’s simultaneously opened nine new stores in seven states, bringing the retailer’s total store count to 1,155.

    Stores open Wednesday in Decatur, Ala., Danville, Ill., Ames, Iowa, Cedar Rapids, Iowa, Minot, N.D., Sherwood, Ore., Hermitage, Pa., Spring Township, Pa. and Denton, Texas.

    “As Kohl’s continues to grow, investing in our stores remains a priority,” said Kevin Mansell, president and CEO.

    Mansell added that the chain will also remodel 30 locations in 2013.

  • Earnings slip at Staples in Q4

    FRAMINGHAM, Mass. — Staples reported that total company sales for the fourth quarter were $6.6 billion, an increase of 3% over the same period last year.

    On a GAAP basis, the company reported fourth quarter 2012 net income of $90 million, or 14 cents per share, compared with net income of $284 million, or 41 cents per diluted share, achieved in the fourth quarter of 2011. 

  • Retail Rap: Office Surprise

    I have to admit, the recent announcement of the merger between Office Depot and OfficeMax took me by surprise. It’s not as though it doesn’t make sense — it’s logical both logistically and financially — but, while there had been a few rumblings and rumors, this is a dramatic move that took place with relatively little forewarning.

  • Staples Q4 profit plummets 72%, forecast misses

    Framingham, Mass. -- Staples reported Wednesday that profit for the quarter ended Feb. 2 fell 72% to $78.1 million from $283.6 million, impacted by store closings and other charges.

    Revenue edged up 3% to $6.57 billion, boosted by an extra week in the period. Results missed Wall Street’s expected $6.71 billion in revenue. Same-store sales fell 5%, excluding e-commerce revenue.

    For the full year, Staples lost $210.7 million, compared to net income of $984.7 million in the year-ago period. Annual revenue dipped 1% to $24.38 billion.

  • Office Depot HQ earns EPA’s Energy Star certification for second consecutive year

    Boca Raton, Fla. -- Office Depot announced that the company’s global headquarters, located in Boca Raton, Fla., has earned the U.S. Environmental Protection Agency’s Energy Star certification for the second consecutive year. The certification signifies the building performs in the top 25% of similar facilities nationwide for energy efficiency.

  • SecureNet launches new payment solutions

    AUSTIN, Texas — SecureNet announced that it will launch its next generation of Mobile Payments API libraries (version 2.0) early next month, enabling quick and easy integration with mobile and point-of-sale applications for seamless mobile checkout. The company also plans to release an advanced suite of developer integration tools complete with interactive code samples in multiple languages, easy-to-follow quick start guides by acceptance type, a robust self-service development sandbox and specialized support resources.

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