Store Systems

By Mike Troy

Mobile, social, solution, cloud, big data, SaaS, optimize and engage. It was impossible to have a conversation at the National Retail Federation convention in New York without hearing these words — a lot.

By TJ Person, [email protected]

Using a smartphone for everyday transactions is becoming commonplace, with an estimated 86 million Americans using their smartphone to shop every day. They use it to pay; they use it for specials; and they use it to redeem coupons.  

Philadelphia — Specialty value retailer Five Below's fourth quarter total sales for the period from October 28, 2012 through January 12, 2013 increased 34% to $158.5 million, while comparable store sales for the same period increased 4.2%.
 
Five Below has proposed a secondary offering of 7,000,000 shares of its common stock, amid reports that sales are not as bad as originally feared.

ARMONK, N.Y. and AKRON — Signet Jewelers teamed up with IBM to give its national U.S. store chains, Kay Jewelers and Jared the Galleria of Jewelry, a digital makeover.

The digital marketing redesign has transformed the multichannel experience for Kay and Jared customers, according to Signet, and resulted in consistent sales growth, including a year-over-year increase of 49% in online sales, as reported in the company's recently announced holiday sales for fiscal 2013.

Ashburn, Va. -- Miller and Smith, along with JV partner North America Sekisui House, said Tuesday that The Fresh Market will open a new store at One Loudoun, in Loudoun County, Va.

The 23,000-sq.-ft. specialty grocer will break ground in January 2013 and is slated to open fall 2013.  

RANCHO CUCAMONGA, Calif. — Surveillance technology developer Universal Surveillance Systems has named Amanda Kirtlan, Robyn Broderick and Nicole Finley as national account managers.

Universal Surveillance Systems offers security solutions designed to deter theft, prevent loss and increase profitability, as well as customer support to Fortune 500 clients, worldwide leading retailers and local communities.

Covington, La. -- Stirling Properties said Tuesday it plans to develop a full-service Walgreens drug store in Terrytown, La., on the Westbank of New Orleans.

The proposed Walgreens, which will be a relocation of an existing nearby store, will be located on the site of a former A&P Grocery/Eckerd Drug-anchored shopping center.  

TAMPA, Fla. — Sterling Payment Technologies, a leading national payment processor, has appointed Jeffrey Akeson to executive director of third party/ISO sales.  

Sterling Payment Technologies is a customer-focused payment processor which provides merchants with a complete range of electronic payment services, including credit, debit, PIN debit, fleet, gift card and proprietary rewards and loyalty programs. The company combines POS technology and value-added merchant solutions.