News

Weather boosts sales at Big 5 Sporting Goods
Cold winter weather in the Western states helped Big 5 Sporting Goods post an increase in same-store sales and profit in the fourth quarter.

For the fourth quarter ended Jan. 3, the retailer said net sales increased to $275 million from net sales of $250.3 million for the fourth quarter of fiscal 2014. Same-store sales increased 0.1% for the fourth quarter of fiscal 2015 and 1.4% for the full year.
Delhaize America to go cage-free on eggs by 2025
Delhaize America is joining other retailers in announcing it will work with suppliers to reach a 100% cage-free shell egg assortment by 2025.

GameStop scores big with ship from store

Product discovery is not a game, and GameStop Corp. is using a newly expanded ship from store program to bring goods as close to its customers as possible.

“We discovered 66% of our total unique SKUs were only represented on our store shelves, not in the warehouse,” Jason Allen, VP of multichannel operations for Grapevine, Texas-based GameStop told Chain Store Age in an interview. “Unless the customer came in a particular store that had that product on the shelf, there was no discovery.”
Sports Authority to close stores as online sales hurt business

The Sports Authority on Wednesday filed for Chapter 11 bankruptcy protection and said it plans to close or sell as many as 140 of its 463 stores nationwide. The beleaguered company has struggled in recent years under increased competition not only from online players, but also from the likes of Dick’s Sporting Goods and specialty retailers such as Lululemon that have capitalized on the “athleisure” boom in fitness apparel.
Aldi takes energy management to the cloud

Discount grocer Aldi has deployed an energy management solution that gives it control and visibility across its nearly 1,500 U.S. stores.

The chain has implemented Siemens’ Site Controls energy management system, with the majority of the installations involving retrofits at existing stores where thermostats or third-party energy management systems were replaced. But the system has been deployed in newly constructed stores as well. Aldi will also install the Site Controls system in new stores as it continues to expand across the nation.
Shoppers stay away from Ann Taylor, Justice over holidays

Ascena says its second quarter revenue got a big boost from the acquisition of Ann Inc., but same-store sales declined sharply during the period.

For the second quarter ended Jan. 23, the companyreported a net loss of 12 cents per diluted share compared to net income of 5 cents per diluted share in the same period of fiscal 2015.Net sales were $1.842 billion compared to $1.289 billion last year, with the increase driven by the acquisition of Ann Inc. Second quarter total comparable sales were down 6%.
Samsung 837, New York City

Samsung Electronics America has opened what it describes as a “living lab” and “digital playground” in the Meatpacking District of Manhattan.
American Apparel has enhanced payment in store

American Apparel is looking to make the final step in the path to in-store purchase safer, easier and more efficient.

The specialty apparel chain is deploying a cloud-based payments infrastructure from retail software provider Index. Leveraging the Index Hosted Gateway and Semi-Integrated Payments solutions, American Apparel will obtain the ability to secure card payments at the POS with both point-to-point encryption (P2PE) and EMV authentication. This will validate the cardholder at the moment of transaction and then protect their data as it is processed.
Study: E-commerce fraud risk varies by location

When it comes to fraudulent online transactions, one state in particular may warrant a little extra attention from retailers.

Analysis of millions of 2015 e-commerce transactions by Experian indicates Florida is the overall riskiest state for billing fraud, followed by Delaware; Washington, D.C.; Oregon and California. Billing fraud states are determined by where the consumer whose information was illegally used resides.
Phillips Edison Grocery Center REIT makes strategic buys

Phillips Edison Grocery Center REIT II announced the strategic acquisitions of four grocery-anchored shopping centers in Colorado, Florida and California.