News

Lidl goes a long way in North Carolina
German grocer Lidl has made its entry into the U.S. market official by selecting a regional headquarters and distribution hub in the South.
Tech Guest Viewpoint: Providing a seamless customer experience
It is no secret that the retail landscape has – and is – rapidly evolving, in large part due to the explosive growth of mobile. While it is certainly common now for retailers to have an online presence, that doesn’t necessarily mean they’re all catering to the complex needs of today’s shoppers.

Drive-thrus, Uber and same-day: Is this the new normal for retail?

With consumers’ “I want it now” mentality, today’s retailers seem to be investing in ways to get products to customers faster. Retailers are scrambling to get their products to customers with overnight, same-day, four-hour, one-hour and other delivery options. Such offers help on two fronts: they satisfy the needy customer and give the perception that one retailer is offering more options than others to differentiate the brand.
Merger costs take toll on Family Dollar Q3 profits

Matthews, N.C. – The pending merger with Dollar Tree Inc. took a toll on Family Dollar’s profits in the third quarter.

Expenses related to the merger drove Family Dollar’s net income down 1.5% to $79.9 million from $81.1 million the year-ago period, below Wall Street expectations.
No more crappy gifts is new site’s mission

A recently launched gifting Web site with a familiar sounding name promises to make it better to receive than give a gift.

The recently launched Web site GiftStarter – not Kickstarter – claims to be reinventing the gifting business so that family members, friends and co-workers are able to co-mingle individual budgets to offer recipients a more substantial gift.
Spotlight on three retailers who credit their business to eBay

San Jose, Calif. – Many consumers assume eBay is simply a place to sell or buy used merchandise. However, the online commerce platform is actually robust enough to support a thriving retail business selling new goods.
Barnes & Noble picks Best Buy veteran as CEO

Barnes & Noble is hoping that hiring a CEO with experience launching electronics products will help revive its Nook e-reader division.

The retailer has named Ronald D. Boire, currently president and CEO of Sears Canada Inc., to become the CEO of its new retail division.
Sears Hometown and Outlets has a new CEO

Sears Hometown and Outlet Stores has promoted its chief operating officer to CEO.

The board of directors has elected William (Will) A. Powell as the company’s chief executive officer and resident, effective immediately. Powell succeeds W. Bruce Johnson, who as previously announced is stepping down.
Best Buy gets techie with Samsung

Best Buy is putting a spotlight on the way technology is impacting home appliances.
Staples offers shoppers expert back-to-school help

Staples is coming to the rescue of consumers with long school supply lists by creating an inventive new way to attract these shoppers.

The retailer has created a panel of experts called the Back to School Council to offer advice to teachers, parents and students on how to get prepared for the next school year.

From the latest products and technology to cost-saving deals and easy ways to get ready for the school year, the council will offer up advice through their blogs and social media channels.

The experts are: