News

Pep Boy’s advances as CEO search continues
As gas prices decline and American’s drive more, Pep Boy should be in a position to benefit from a resulting demand for automotive maintenance with its unique parts and service model.
Three Tech Lessons from Thanksgiving Weekend
So the retail industry made it through another five-day Thanksgiving weekend, stretching from Thanksgiving Day through Cyber Monday. As the dust begins to settle and the pundits make their pronouncements, let’s look at a few technology lessons retailers can learn from this year’s kickoff to the all-important holiday sales season. Little Mobile is All Grown Up

FirstData: Retail dollar volume up 5.3% Thanksgiving through Cyber Monday

Year-over-year (YOY) retail dollar volume from Thanksgiving through Cyber Monday grew 5.3%, a decrease from last year’s growth of 7.4%, according to First Data 2014 SpendTrend Holiday Shopping Spend Analysis, which examined consumer spending from more than one million merchant locations over the five-day period.Similarly, retail transaction growth was 5.0% compared to 6.0% in 2013.
Food City lets customers do it themselves with self-checkout

Abingdon, Va. – Sometimes the best customer services comes from customers themselves. Food City, K-V-A-T Food Stores Inc. has completed a pilot test of the Fujistsu U-Scan Genesis II self-checkout solution.
Five Hot Stores for a Cold Winter

The fall is always a busy time for new store openings as retailers head into their biggest selling season of the year. The five below are generating big buzz….as is the bonus one at the end.

1. Starbucks Reserve Roastery & Tasting Toom, Seattle
The coffee giant spared no expense on its newest retail concept—the space is spectacular. Two years in the making, the Roastery is part retail store and part manufacturing facility—and all theatre.
Report: RadioShack denies that it defaulted on loan

New York - Shack Corp. on Monday denied that it defaulted on a loan from its term lenders—Salus Capital Partners and Cerberus Capital Management—less than a week after the chain initially disputed the allegations as “wrong and self-serving,” the Wall Street Journal reported.
Store of the Week: Hunter, London

British heritage brand Hunter sets the stage for global expansion with a flagship that offers a modern take on British countryside icons.

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Guest Commentary: New Florida data breach law impacts retail stores

By Luis Salazar and Neha Dagley Watch out, retailers with stores in Florida. The Florida State Legislature has tightened controls over businesses for data security breaches. Effective July 1, 2014, the new Florida Information Protection Act (FIPA) will impact your business and how you handle data breaches. In recent years, data breaches have become commonplace, and have undoubtedly affected the chain-store industry. FIPA: COMPLIANCE AND CONSEQUENCES
Epson offers mobile POS printers

Long Beach, Calif. - To meet the needs of mobile and tablet-based POS, Epson offers a wide range of mPOS-friendly printers that deliver fast, easy printing directly from any mobile device. Ready to go right out of the box, the printers are ideally suited for connecting mobile POS devices, and the DHCP-enabled printers allow for fast network setup and easy installation.
Guildford Town Centre reaches out to consumers with 3 Tier Logic

Surrey, Canada - Guildford Town Centre, a shopping center in Surrey, British Columbia, Canada, is reaching out to customers across multiple channels and points of engagement. The center retained 3 Tier Logic, a wholly-owned subsidiary of 3TL Technologies, to use its Platform3 technologies to drive consumer foot traffic, gather in-depth data about shoppers, and increase social media engagement.
Danier Leather goes for form and function with Fujitsu POS rollout

Toronto, Canada - Danier Leather is going for both form and function with a new POS rollout. The retailer's flagship store at the Toronto Eaton Centre, Toronto, has implemented Fujitsu TeamPOS 7000 All-In-One (AIO) hardware. The solution offers faster and sleeker point of sale technology and the capability to integrate with future omnichannel offerings to enhance usability, increase sales capacity and improve the consumer experience, according to Fujitsu.
Eastern Mountain Sports goes live with JustEnough forecast solution

IRVINE, Calif.- JustEnough Software Corp announced that Eastern Mountain Sports, has gone live with JustEnough’s retail planning solution to better plan and forecast for its 68 stores and e-commerce site.