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Store Systems

  • Report: Target data breach costs banks more than $200 million

    New York -- The costs related to Target's  data breach have now exceeded $200 million for financial institutions, according to  the Consumer Bankers Association and the Credit Union National Association, the Associated Press reported. The $200 million figure does not include the cost of any a fraudulent activity, which would push the cost of the breach to the industry higher as consumers are not held liable.

    The two trade associations said that 21.8 million of the 40 million compromised credit and debit cards have been replaced.

  • BJ’s selects PromoWorks to run demo biz

    BJ’s Wholesale Club is outsourcing and expanding its product demonstration program with the help of Crossmark’s PromoWorks division.

    Plans call for PromoWorks to manage, enhance and ultimately expand the company’s demo and events program. BJ’s current demo and events staff, made up of approximately 1,400 employees, will be given priority to apply for the demo program with PromoWorks, which plans to grow the current program by more than 25% or about 500 jobs, the companies said it a joint statement.

  • The Dressing Room: The Final Frontier

    In recent years, retailers have aggressively implemented in-store systems to track customers’ every move from the moment they enter till the moment they leave (hopefully including a trip through a checkout lane). Specific details such as how long customers spend in front of a display are also carefully monitored and analyzed. Technology now allows retailers to keep tabs on what customers do in the store almost as rigorously as they follow customer actions online.

  • Pottery Barn signs with Outlets at Tejon in Tejon Ranch, Calif.

    Tejon Ranch, Calif. — Pottery Barn plans to open a new outlet store at The Outlets at Tejon. At 12,397-sq. ft., it will be the retailer’s ninth outlet store in the U.S. and its only current outlet store in California.

    Currently under construction and slated to open in August 2014, The Outlets at Tejon is located on Interstate 5 between Los Angeles and Bakersfield, Calif.

  • Report: Starbucks to include tipping on Square app

    Seattle – Starbucks reportedly plans to soon include an automatic tipping feature on its Square mobile payment app.

    According to the Wall Street Journal, Starbucks, which currently only uses the payment features of the Square app, will deploy a feature that both automatically prompts a customer to leave a tip in appropriate situations and computes tip amounts for them.

  • Bealls deploys new tech to improve customer service

    Bealls has enlisted JustEnough Software Corporation, a leading provider of demand management solutions for retail, wholesale and direct-to-consumer businesses worldwide, to improve customer service.

    Bealls will be leveraging the new technology to streamline its inventory and be able to turnaround stock quickly to meet its customers’ needs.

  • Ramsey begins renovation of Las Vegas center

    La Jolla, Calif. — Ramsey Real Estate Group has announced the commencement of a $600,000 renovation to Decatur Inn Plaza in Las Vegas. The renovation will include new storefronts, design elements, exterior finishes, building systems, landscaping and parking lot work. Vacant suites will receive vanilla shell treatments. Structural elements will be repaired and replaced. The renovations will also include rebuilding the property’s monument sign. Existing businesses will remain open during the renovation.

  • J.C. Penney names Stage Stores COO as CFO

    Plano, Texas -- J.C. Penney Company has named Ed Record as CFO, effective March 24. He will also serve as executive VP. Record, 45, comes to Penney from regional department store chain Stage Stores, where he most recently served as COO and, before that, as CFO.

    Record will succeed Ken Hannah, who was hired in May 2012 under former CEO Ron Johnson.

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