News

The TJX Companies isn’t letting a federal judge’s decision to block the Obama administration rule expanding overtime pay get in the way of its plans to comply with the rule.   

Tiffany & Co.’s sterling jewel — its flagship on Manhattan’s Fifth Avenue — is feeling the impact of beefed up security and protests at Trump Tower, which is located next door to the store.     Since the election, Tiffany said its flagship, the retailer’s largest location and a tourist magnet, has seen an “adverse effect” and sales softness” compared with the year before and relative to the company’s other U.S. stores. And it sees no quick fix of the problem. 

Wallets are definitely getting lighter this holiday season, especially as more shoppers use mobile wallets.   Nearly one quarter of consumers (24.2%) currently use mobile wallets, and 48.5% plan to make a gift purchase with their digital wallet this holiday season. Further, more than two thirds (69.6%) of wallet users indicated they would use their mobile wallets even more if more merchants allowed them to pay that way.  

Ashley Furniture associates can now help shoppers throughout their shopping experience, without ever leaving their side.   Through a partnership with Mad Mobile, Ashley Furniture is launching a retail platform that will enable retail store associates use mobile devices to access available merchandise, customer data, and delivery information.     

International Speedway Corporation has announced the signing of GameTime to a lease for a 35,000-sq.-ft. at One Daytona, a mixed-use project rising up across from its historic Daytona International Speedway.   Aside from bowling alleys and arcade games, GameTime locations feature full-service bars and a menu of standard bar fare like pizza, burgers, and sandwiches. This will be the Florida-based chain’s fifth location in its home state.  

If you’re concerned about employee engagement and reducing your staff turn-over numbers, you’re not alone. Fortunately, there’s a startup offering solutions to meet your workers engagement goals and encourage your associates to stay onboard and thrive with your team. Other companies in the spotlight this month are innovating around point-of-purchase mobile marketing, using in-store scents to stand out, real-time store promotional display monitoring and creating meaningful and memorable customer experiences.  

Cyber Monday has made history — again.   With shoppers spending $3.45 billion online on Cyber Monday, Nov. 28, a 12.1% jump year-over-year, sales not only surpassed predictions, but made this the largest Cyber Monday shopping event to date, according to Adobe Digital Insights, which aggregated data from 23 billion visits to retail websites.  

QVC has appointed Bob Spieth as executive VP of QVC's customer and business services. He will oversee supply chain, customer service and experience, operations strategy, and corporate real estate and workplace services for both QVC and zulily businesses, with the exception of zulily's corporate facilities. Spieth joined zulily in 2013 as COO. Prior to zulily, he held several leadership roles with OHL, one of the world's largest third-party logistics companies