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  • New strategies for CFOs

    From investments to support omnichannel initiatives to energy efficiency programs and equipment upgrades, prioritizing and approving capital expenditures has become increasingly complex for retail CFOs.

    “Retail CFOs are performing a high wire balancing act these days,” said Rod Sides, vice chairman and retail and distribution practice leader for Deloitte. “Online sales are growing while the traditional business is flat to declining, but still accounts for 80% of the revenue.

  • HOW REAL-TIME WORKFORCE MANAGEMENT BENEFITS CFOs

    Reflexis is a leading provider of real-time store execution and workforce management solutions.

  • NOW TRENDING ...

    Enough of the “retail is dying” narrative that has dominated so many headlines the past few months. It’s way overplayed.

    Brick-and-mortar is evolving, not dying. And it’s full of exciting new players — many of them digitally native — that are infusing the industry with something it can always use: new blood. Here’s a quick rundown of some of these newcomers to the physical space:

  • High-profile brand eyes bricks-and-mortar growth

    Dyson, the consumer electronics brand best known for it pricey vacuum cleaners, has opened a store in the heart of London’s main shopping district.   The sleek, futuristic-looking store, on Oxford Street, is designed to allow shoppers to see and test Dyson’s complete line of vacuum cleaners, fans, heaters, humidifiers and other products, with some 65 items on display. It also has 64 different dust/dirt samples and four floor surfaces available on which customers can to test vacuum cleaners.   
  • Cloud makes New Hampshire Liquor Commission ERP more potent

    When it comes to supporting liquor sales, the Granite State is looking for a rock-solid enterprise foundation.   The New Hampshire Liquor Commission, which operates 79 retail stores across New Hampshire, is turning to the Microsoft Dynamics AX ERP platform. The New Hampshire Executive Council has approved a contract with global Microsoft Dynamics partner AlfaPeople to implement and support the application. The $19 million dollar, 10-year contract was won in competition with multiple solutions and through a multi-year selection process.
  • Glitch affects Starbucks pricing

    A computer error caused Starbucks to overcharge some customers and forced the coffee giant to disclose a planned price increase.   In a brief statement released on the retailer’s corporate blog at about 8 p.m. ET Friday, July 1 and updated about 11 a.m. ET Saturday, July 2. Starbucks said a price adjustment was prematurely entered into the POS systems of U.S. company-owned stores. As a result, some customers were overcharged by as much as 30 cents for their beverages.  
  • Survey: Back-to-school spending increases — but not across the board

    Parents are opening their wallets for the upcoming academic year, but being selective in what, where and how they buy.  
  • Specialty grocer commits to solar power

    Mom’s Organic Market is extending its renewable energy portfolio.    The family owned and operated Maryland-based chain has begun purchasing all power from a designated solar farm in Kingsville, Maryland., bundled with national solar renewable energy credits.   This 1.5-megawatt DC system is projected to output 2,124,000 kilowatts per year. Mom’s will purchase the entire system's output for the next 20 years.  
  • Pirch, New York City

    Upscale kitchen, bath and outdoor appliance retailer Pirch has opened its largest location to date, a three-floor, 32,000-sq.-ft. flagship in an historic, former ironworks building in Manhattan’s SoHo neighborhood.     
  • Walmart Pay undergoes big growth spurt

    Walmart did not reach its stated goal of rolling out the Walmart Pay digital payment service to every store by the end of June, but it certainly made a lot of headway.  
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