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  • Chip and PIN gains influential supporter

    The National Retail Federation and the Retail Industry Leaders Association are aligned with the nation’s top law enforcement agency in an effort to ensure consumers have access to the most secure payment methods.

    The FBI has released an official advisory warning consumers that EMV-compliant cards are still vulnerable to fraud and PIN authentication is the best means to prevent personal data theft. According to the FBI. EMV cards can still be counterfeited with stolen card data obtained on the black market.

  • Biggs named Walmart CFO

    After more than two decades in top finance roles at Walmart, Charles Holley, 59, is stepping down as CFO at the world’s largest retailer.

    Succeeding Holley will be Brett Biggs, a well-rounded finance executive who joined Walmart in 2000 and has held key roles in each of the retailer’s divisions.

  • Twitter amplifies ad offering

    Placing ads in tweets just got easier and more precise for retailers.

  • Study: E-commerce keeps growing

    The retail revolution may not be televised, but it will be digitized.

    The new Q3 E-commerce Pulse from predictive analytics platform provider Custora shows that e-commerce revenue grew a healthy 11.8% year-over-year in third quarter 2015. E-commerce transactions rose an almost identical 11.6%.

    Mobile continued to grow in significance as a channel for e-commerce in the quarter. Phones and tablets made up a combined 28.7% of e-commerce transactions, up from 23.1% of orders during the same time the prior year.

  • Aeropostale finds new way to make money

    Aeropostale believes its brand is strong enough that shoppers at other retail outlets will want to buy licensed products bearing its name.

    The teen specialty retailer and operator of roughly 800 stores signed a domestic licensing agreement for home textiles with Himatsingka America. Terms of the deal call for Himatsingka to design, manufacture and distribute bedding and bath linens using the Aeropostale label for department stores, big-box retailers and wholesale channels across North America.

  • J.C. Penney CEO Ellison makes $1 billion promise

    J.C. Penney CEO Marvin Ellison contends the retailer’s turnaround plan is working and by executing three key strategies it will achieve a financial milestone that was unthinkable a few years ago.

  • Holiday shoppers start earlier as waiting for Black Friday deals loses appeal

    Shoppers are starting their holiday shopping earlier every year — and it's partially due to a perception that the deals aren't all that great anymore on Black Friday.

    According to RetailMeNot’s annual holiday Shoppers Trend Report, only 10% of consumers believe that it is worth waiting until Black Friday for deals.

  • BIG USA, RED Development add five properties to recently launched joint venture

    Phoenix -- BIG Shopping Centers USA and RED Development announced the addition of five retail assets totaling nearly 1.5 million sq. ft. in Arizona, Nebraska and Wisconsin to their recently launched joint venture BIG RED Portfolio.

    The joint venture was launched in late 2014 with the acquisition of Camelback Colonnade in Phoenix. With the recent acquisition the portfolio now consists of nine retail assets totaling nearly three million sq. ft. in three states.

  • RetailNext: September sales disappoint, but mall traffic improving

    Brick-and-mortar sales metrics were below expectations in September, but not all was lost.

    According to the September 2015 Retail Performance Pulse report from brick-and-mortar analytics firm RetailNext Inc., traffic declined at the lowest rate since January of this year.

  • Etsy faces big new challenge — from Amazon

    Following months of speculation, Amazon.com is officially launching Handmade at Amazon. The new online store features handmade items crafted and sold directly by artisans, and is a direct challenge to Etsy Inc.

    Handmade at Amazon offers more than 80,000 handcrafted items from around the world. Customers can shop by country, locally, or by individual artisan profile. Shoppers can also browse by product category, including jewelry, home décor, artwork, stationery and party supplies, kitchen and dining, and furniture.

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