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Store Systems

  • Square increases access to omnichannel payment

    Payments processing company Square is launching new APIs that will open its platform to seamlessly conduct transactions in-store or digitally.

    A new e-commerce API will allow retailers of all sizes to accept payments for transactions on their websites. It provides a hosted Javascript library that embeds a secure credit card form on the page. A one-time use token encrypts the customer’s payment information as it travels to the retailer’s application server, which then sends the card notice and payment details to Square for processing.

  • Conn's to open new stores; names board member

    Conn’s is planning tomake investments in technology, credit and personnel in 2016 as the retailer looks to expand its footprint with some 10 to 15 new stores and improve profitability.

    For the fourth quarter ended Jan. 31 the retailer said revenues increased 7% to $456.8 million. Same store sales decreased 1.7%. Conn's said its credit segment operating loss increased from $11.3 million to $19.3 million, driven primarily by bad debts.

  • Foot Locker treads new territory on Wall Street

    Following a record performance in 2015, Foot Locker has become the newest member of the S&P 500 index, which bodes well for the performance of the company’s share price.

    After the close of trading on Friday, April 1, Foot Locker will replace oil and gas equipment services provider Cameron International as the newest constituent in the S&P 500 index, according to a statement by S&P Dow Jones Indices LLC, a part of McGraw Hill Financial. A spot on the S&P 500 index opened up after Cameron was acquired by Schlumberger Ltd.

  • Energy Smarts: Havertys partners with DOE for energy efficiency

    Haverty Furniture Company has been around since the late 19th century, but the specialty furniture retailer has a decidedly 21st century approach to energy management.

    “We want Havertys to be the company everyone wants to come work for,” said Rawson Haverty Jr., senior VP of real estate and development, Havertys, during a session at Chain Store Age’s SPECS 2016 Conference, March 13 – 15, in Dallas.

  • Conn's to open new stores, names new chairman

    Conn’s is planning to make investments in technology, credit and personnel in 2016 as the retailer looks to expand its footprint and improve profitability. 

    For the fourth quarter ended Jan. 31 the retailer said revenues increased 7% to $456.8 million. Same store sales decreased 1.7%. Conn's said its credit segment operating loss increased from $11.3 million to $19.3 million, driven primarily by bad debts.

  • Apple opens next-generation store

    Photo by Apple insider

    Apple has take the wraps off its hotly anticipted next-generation store, which is located at the Shops of Saddle Creek South in Germantown, Tennessee, a suburb of Memphis.

    The space features a massive display screen that stands nearly floor-to-ceiling at the wall opposite the store's all-glass entrance, reported AppleInsider.

    For more, click here.

  • Kohl’s, Home Depot, Sears honored for energy efficiency efforts

    Kohl’s, The Home Depot and Sears Holdings have all been honored with 2016 Energy Star Partner of the Year — Sustained Excellence Awards from the Environmental Protection Agency for leadership in sustainability efforts.

    KOHL’S: Kohl’s was recognized for its continued leadership in protecting the environment through superior energy efficiency achievements. It is the fifth consecutive year that the retailer has been recognized with the Energy Star Partner of the Year – Sustained Excellence Award.

  • Digital retailing in a faster, more demanding world

    Consumer expectations are increasing and retailers are keeping up—but their trading partners are lagging.

    This is one of the key takeaways from the fourth annual industry benchmark survey by Retail Systems Research (RSR) commissioned by SPS Commerce. The goal of the survey was to examine the internal and external forces driving today’s retail ecosystem, an industry that has evolved more in the past decade than in the past century. That evolution continues this year, with three critical drivers at the forefront:

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