News

New York -- Walmart plans to stop selling AR-15 assault rifles and other modern sporting rifles, a move the company says is motivated not by politics but by falling consumer demand.

Seattle – Mobile shopping has been getting attention for its rapid growth, and one major retailer is leading the way.

According to new data from online coupon database Coupofy.com, Amazon.com is the leading mobile commerce retailer, with 110% growth in 2014, earning revenues of $16.8 billion.

Amazon is followed by Apple ($14 billion), Chinese store Jingdong Mall ($5.8 billion), Google Play ($4.4 billion), and QVC ($1.86 billion).

Deerfield, Ill. - Walgreens is taking a smart approach to energy expense management.

The retailer expanded its use of EnerNOC's energy intelligence software to manage its utility bills at more than 8,300 sites across the U.S.

Seattle – Tully’s Coffee is reveling in a new mobile POS capability.

More precisely, Tully’s has selected Revel's iPad POS systems to be deployed across 46 corporate stores located in the western U.S.

The lightweight Revel hardware decreases the amount of counter space used, connects to the cloud and seamlessly integrates with Tully's current Synergy loyalty platform. Tully’s can also track inventory, manage payroll and provide analytics in real time.

H&M is looking to appeal to eco-conscious millennials with a lucrative contest that promotes recycling.

The Swedish retailer announced that it will fund the Global Change Award. Five winners will share a grant of 1 million euro ($1.16 million) and receive access to a tailor-made innovation accelerator. The global public will be invited to distribute half of the total grant through an online vote. The results will be announced at a grand award ceremony in Stockholm in February.

Efforts to change its merchandising and branding are paying off for Abercrombie & Fitch Co., which reported a smaller profit and revenue loss than expected in the second quarter.

Abercrombie reported a net loss of $810,000, compared to net income of $12.9 million the same quarter a year earlier. Revenue fell 9% to $817.8 million from $890.6 million. Total company ame-store sales dropped 4%. Abercrombie same-store sales fell 7% and Hollister same-store sales fell 1%, below Wall Street’s expected rate of decline.

Express Inc. says improved marketing and merchandising measures led to strong profit and revenue performance in the second quarter.

Net income totaled $21 million, compared to $6.9 million, boosted by gross profit resulting from cost of sales growth that was significantly behind the rate of net sales growth.

Net sales increased 11% to $535.58 million from $481.42 million. Same-store sales rose 7% and e-commerce sales grew 21%.

As it awaits regulatory approval of its acquisition of Office Depot, Staples Inc. is focused on making its stores appealing to students with tech items on their back-to-school lists.

The retailer is offering exclusive student savings with a valid college student I.D. or verifiable .edu email address for online orders.

The Bon-Ton Stores is opening a new fulfillment center as the retailer looks to cut back on the amount of time it takes to deliver an online order.

The company announced the grand opening of its 743,000 square-foot state-of-the-art direct-to-consumer fulfillment center in West Jefferson, Ohio. The facility, which began transitioning fulfillment operations in June, was designed with the customer in mind and supports the company’s expanding e-commerce business and aggressive omnichannel growth, the company says.

Macy's is looking to woo customers with an offer that no fashion-loving shopper can refuse: the use of a free personal stylist.

This month, Macy’s is expanding the personal shopping experience at stores with the launch of My Stylist@Macy’s, a free service at select Macy’s stores nationwide, dedicated to finding the perfect fashions for every customer from coast-to-coast. In addition to style consultations, the experts at My Stylist@Macy’s will guide shoppers in selecting the best gifts for friends and family, for all occasions.