News

Consumer electronics giant takes products direct to consumers in unusual pop-up
LG Electronics is taking its LG Signature brand on the road, opening a pop-up at Santa Monica Place in Santa Monica, California, Nov. 8 through Nov. 13. The LG Signature Gallery concept was officially launched in Manhattan’s Rockefeller Center earlier this fall. Similar to the New York City concept, the LG Signature pop-up structure on the West Coast is created entirely of LED panels on all four sides.
What Lies Ahead? Cybersecurity Predictions for 2017
“Prediction is very difficult, especially if it's about the future," as Nils Bohr, the Nobel laureate physicist put it. But as the end of 2016 approaches, it’s useful to look forward and try to anticipate the cybersecurity trends that lie ahead, and to reflect on what’s happened over the past year, to see how accurate previous predictions were. For 2016, our predicted cybersecurity threats included:

Report: Chinese shoppers’ interest in Singles’ Day slips

While Singles’ Day has morphed into the world’s biggest shopping extravaganza, the event’s allure may be losing some luster.
Saks Fifth Avenue unveils a sweet holiday theme, along with some special services

Saks Fifth Avenue is transforming its stores into a candy wonderland for the holidays. The retailer’s holiday theme this year is called “Land of 1000 Delights” and it will appear in all 41 Saks’ full-priced stores in the U.S. and Canada. Jumbo swirl lollipops, whipped cotton candy and mounds of rock candy are just some of the colorful décor that will make up each store’s visual displays.
Holiday 2016: Retailers Should Focus on Value AND Price

U.S. shoppers expect to spend more this holiday season, but also to drive a harder bargain, demanding more competitive pricing and an enhanced shopping experience
Safeway to acquire 87-year-old specialty grocery

A longtime San Francisco grocery banner will soon disappear. Safeway will acquire Andronico’s Community Markets, which operates five Andronico’s stores in the San Francisco Bay Area.
Study: Retailers overconfident in endpoint security efforts

More retailers are eager to ward off far-reaching cyber-attacks, yet too many companies are ill-equipped to quickly detect a breach. This sobering detail was revealed in a new study from Tripwire. The study tapped 763 IT professionals from various industries, including 100 participants from the retail sector. The report measures the confidence and efficacy among the professionals in regard to seven key security controls that must be in place to quickly detect a cyber-attack in progress.
Shareholder pushing for big changes at Whole Foods

On the heels of the announcement that Walter Robb would step down as co-CEO of Whole Foods Market, more changes may be in store the grocery chain. One of Whole Food’s 10 largest shareholders has met with potential activist investors explore making major changes to the retail, including replacing management and exploring a sale of the company, Bloomberg reported.
Winn Dixie, Tampa

Grocery retailer Winn-Dixie opened the second ever location of its next-generation store concept, in the Hyde Park section of Tampa, Florida.
Starbucks ends its fiscal year on a high note

Starbucks Corp. is feeling its oats. The coffee giant topped estimates for its fourth quarter and gave a positive view for its current fiscal year. Starbucks’ consolidated net revenue grew 16% to $5.8 billion in its fourth quarter, which was better than expected.