News

Finish Line names HBC exec CIO
Finish Line has hired a high power technology executive to make sure it avoids recent technology implementation challenges in the future while keeping pace with athletic footwear consumers’ desire for an omnichannel experience.
Finish Line names Hudson’s Bay exec as CIO
Finish Line has hired a high power technology executive to make sure it avoids recent technology implementation challenges in the future while keeping pace with athletic footwear consumers’ desire for an omnichannel experience.

Tanger eyes checkered flag with latest project

The newest addition to a Texas-sized mixed-used development taking shape north of Fort Worth is a 350,000-sq.-ft. retail project from Tanger Factory Outlet Centers.
Joss & Main launches expanded website, app

Home furnishings retailer Joss & Main is overhauling its shopping experience by focusing on helping shoppers create a beautiful home for less.

The retailer has expanded its assortment beyond home décor to include everyday staples and an extensive selection of more than 70,000 products, an increase of almost 10-fold. Shoppers can now also expect everyday free shipping on orders over $49.
Best Buy adds Silicon Valley heft to board

The board of directors at Best Buy Co. is losing a longtime board member and gaining a new voice with experience in forming relationships with top venture capitalists in Silicon Valley.

The retailer announced that former CEO Brad Anderson will retire from the board of directors and that the company has appointed corporate venture capital leader Claudia Fan Munce to the board.Anderson will serve the remainder of his term through the end of the annual shareholder meeting on June 14. Munce will stand for election at that time.
Newegg says ‘eh’ to same-day pickup

Soon Canadian technology enthusiasts will have a new, faster option for fulfilling online purchases.

Digital computer and electronics retailer Newegg is opening a physical pickup center at its warehouse in Vancouver. In September 2015, Newegg sought to decrease the time and cost associated with order fulfillment to customers in Western Canada with the opening of its Vancouver warehouse.

Adding the pickup center now gives customers in the Vancouver area the chance to fulfill their orders the same day, with no delivery fee.
Can retailers count on the Bieber effect this spring?

Retailers who sell Calvin Klein brand apparel are watching sales closely to see how the fashion brand is impacted by a new deal with pop star Justin Bieber that changes how brands engage with celebrities to drive sales.

Bieber has embarked on a world tour for the first time in four years to support his new best-selling album "Purpose" – and help sell Calvin Klein products. That’s good news for retailers because Bieber has lots of fans and the Calvin Klein brand will be deeply woven into live performances and integrated into social media efforts.
Albertsons acquires remaining 29 Haggen locations

Albertsons on Monday submitted a binding bid letter and form of Asset Purchase Agreement to Haggen for the purchase of 29 of Haggen's core stores, confirming reports that Alebertsons would seek to acquire the remaining Haggen core. This is a step in the process to obtain bankruptcy court approval, following Haggen's Chapter 11 filing on September 8, 2015, which is required for consummation of the purchase.
eBay expands shipping partnership

eBay is providing a shipping optimization option to an increased range of sellers.

The online auction platform is extending its integration with Silicon Valley-based on-demand shipping startup Shyp. Having already run pilots of Shyp in New York, Chicago and San Francisco, eBay is now piloting the service in Los Angeles.

Shyp will pick up the items sellers have sold within 20 minutes, professionally pack them, and mail them straight to the buyer on their behalf.
Starbucks opens first-of-a-kind store in Queens, New York

Starbucks on Monday opened a store in the Jamaica section of Queens, New York, which has a strong job training component.

The location is the first in a nationwide initiative Starbucks announced last summer to open stores in at least 15 diverse urban communities across the United States by 2018, with the aim to create new jobs, engage local women and minority-owned vendors and suppliers, and collaborate with local nonprofits to support training opportunities for youth in the individual communities.