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Store Systems

  • Insight for Retailers: Compliance-enabling Payment Technologies

    In an effort to help merchants both achieve and maintain PCI (Payment Card Industry) compliance, technologies for cardholder data security have become more prevalent. Merchants should view PCI compliance as an ongoing business requirement with continuously evolving needs and mandated changes, not just a one-time, stand-alone IT issue. There is no quick-fix approach to both achieving and maintaining compliance and it is an ongoing process that begins at the strategic level.

  • Harris Teeter, Cardtronics team to roll out ATMs chainwide

    Houston -- ATM owner Cardtronics said Wednesday it has signed an agreement to provide ATM services to grocer Harris Teeter.

    As part of the agreement, Cardtronics has initially installed 100 ATMs for Harris Teeter in Florida, Maryland, North Carolina, South Carolina, Tennessee and Virginia. Additionally, the agreement provides Cardtronics the exclusive right to install ATMs in new Harris Teeter stores, as well as to transition all existing non-bank branch cash machines at Harris Teeter stores to Cardtronics' ATMs, over time.
     

  • Cardtronics acquires Access to Money

    Houston -- ATM owner Cardtronics said Wednesday it has completed its acquisition of Access to Money, an operator of merchant-owned ATMs and provider of cash machines to two major multi-unit retailers.

    “We anticipate an efficient and seamless integration of Access to Money's operations," said Steve Rathgaber, CEO, Cardtronics.

  • Maurice Badler Fine Jewelry to open Park Ave. flagship

    New York City -- Winick Realty Group said Tuesday that Maurice Badler Fine Jewelry has signed a long-term lease for its 954-sq.-ft. flagship store at 485 Park Avenue, between 58th and 59th Streets on Manhattan’s Upper East Side.

    The new store is scheduled to open in early November.
     

  • True Value profit rises 3.4% in Q3

    Chicago -- True Value Co. reported Tuesday that profit for the third quarter increased 3.4% to $18.1 million, compared with $17.5 million in the year-ago period.

    Revenue rose 3.6% to $445.7 million, from $430.2 million.

    According to the cooperative, 788,000 sq. ft. of retail space has been covered to its recommended Destination True Value prototype so far this fiscal year, up 13.5 % from 694,000 sq. ft. last year.
     

  • Winn-Dixie narrows loss in Q1

    Jacksonville, Fla. -- Winn-Dixie Stores reported Monday a loss of $24.1 million in the fiscal first quarter, compared with a loss of $76.8 million in the year-ago period.

    Revenue rose 3.1% to $1.59 billion, from $1.54 billion last year, helped by success from its gas-related reward program. Sales just missed Wall Street’s expected $1.6 billion in revenue.

    Same-store sales rose 3.3%. During the quarter, the company opened two additional transformational remodeled stores that Winn-Dixie continues to monitor for additional roll-out.

  • VeriFone acquires Global Bay

    San Jose, Calif. -- VeriFone Systems said Tuesday it has acquired mobile retail solution-provider Global Bay Mobile Technologies. According to VeriFone, the acquisition is part of its strategy to integrate mobile with retail and payments, extending new smartphone- and tablet-based shopping and payment experiences to retail organizations.

    Terms of the transaction, which closed effective Tuesday, were not disclosed.

  • Sears Holdings boosts rewards program for loyalty members

    HOFFMAN ESTATES, Ill. — Sears Holdings announced that its Shop Your Way Rewards members can now receive 5% back on all qualifying purchases at Sears and Kmart stores through Jan. 28, 2012. 

    "We know budgets are tight, so we want to reward our customers by offering them ways to stretch their dollar," said Dave Friedman, SVP and president marketing at Sears Holdings. "We believe this program will help families get more out of every visit to Sears and Kmart when they use their Sears card."

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