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Store Systems

  • Home Depot constructs solid first quarter

    Atlanta-based The Home Depot reported first-quarter sales of $22.8 billion during what CEO Craig Menear described as a "stronger than expected start to the year." Comp-store sales for the quarter were up 6.5% - with comps for the U.S. stores up 7.4%. Net earnings for the three months ended May 1 were $1.8 billion, up 14.2% compared with net earnings of $1.6 billion in the same quarter last year.

  • Target sales stall in Q1

    Target Corp.’s ongoing recovery stalled a bit in the first quarter as the chain joined the list of retailers posting disappointing Q1 sales amid cool, unspring like weather and sluggish retail spending. But it was not all gloom and doom for the discounter, whose online sales continued their upward course and whose profit topped estimates.

  • Jeff Bezos: Amazon planning more stores—at some point

    Speaking at his company’s annual shareholders meeting, Amazon CEO Jeff Bezos said the online giant will open more stores—but he didn’t specify when, according to the Seattle Times.

  • Ace Hardware plays mixed fiscal hand in Q1

    Ace Hardware took home "record" first quarter revenues of $1.2 billion in the first quarter, an increase of 4.3% over last year. The message was a little more muddled for earnings. Though its first quarter net income of $26.1 million was down 12.7% year-over-year, that figure was still 12.0% ahead of plan. It was also a planned reduction owing to the timing of promotions.

  • Barnes & Noble brings beauty to more colleges

    The newest concept in beauty retail is called The Glossary and it is arriving on more college campuses courtesy of Barnes & Noble College.

    The Glossary concept was piloted at the Barnes & Noble Emory University and Southern Methodist University bookstores and more recently expanded to the campuses of Tulane University and the College of William & Mary. The newest location set to open in August will be on the campus of the University of California at Riverside.

  • Petco pounces on omnichannel with POS solution

    A major omnichannel advancement is coming soon to Petco’s more than 1,400 stores as the retailer works with Toshiba Global Commerce Solutions on a wide ranging initiative to integrate physical and digital operations.

    Petco selected Toshiba’s omnichannel solution branded as TCxGravity to create a seamless commerce offering and improve the overall shopper experience, according to the companies.

  • Independent grocer focuses on POS for improved store service

    Tops Friendly Markets, a Williamsville, New York-based supermarket chain with more than 170 stores in New York, Pennsylvania and Vermont, is making sure the last step in the path to purchase goes smoothly.

    Tops is leveraging the Toshiba SurePOS ACE POS application to provide store shoppers with a convenient and integrated customer experience. During a nine-month chainwide rollout, the retailer replaced 20-plus-year-old POS terminals with the new Toshiba solution.

  • Nielsen: Mobile drives spending, engagement

    The ubiquity of consumer smartphones offers retailers a new purchase channel, as well as a new tool for customer outreach. According to the fourth quarter 2015 Mobile Wallet Report from Nielsen, 37% of more than 3,700 U.S. adult smartphone and tablet users said their purchases start with mobile shopping more than one-quarter to half of the time.
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