News

Children’s Place selects Quantum Analytics for Size and Pack
Minneapolis -- Quantum Retail Technology, a provider of merchandise optimization and inventory solutions for retail, announced that The Children's Place has selected Quantum's Q Analytics for Size and Pack Optimization. The solution joins The Children's Place's implementation of Quantum's Q for Allocation and Replenishment, due to go live this year, and their planned implementation of Quantum's Q for Order Planning.
Billabong taps NetSuite to power omnichannel strategy
New York -- NetSuite Inc., a provider of cloud-based financials, ERP and and omnichannel software suites, said that boardsports retailer Billabong International Ltd. selected NetSuite SuiteCommerce to help transform customer interaction with its brands through the implementation of a new global omnichannel platform.

The platform will be progressively rolled out across the retailer to provide a true omnichannel experience across its wholesale, retail and ecommerce operations.

Kohl's Cares about Nepal earthquake relief

Kohl’s is showing its customers that it cares about the recent earthquake in Nepal by making a large donation through its Kohl's Cares program.

The retailer is awarding a $50,000 cash grant toward earthquake relief efforts in Nepal. Kohl’s is providing this donation to the American Red Cross, which is delivering much-needed emergency supplies and services in the impacted areas.
Exclusive: Netsuite CEO envisions retail’s omnichannel future

Omnichannel may not be Netsuite CEO Zach Nelson’s favorite word, but that didn’t stop him from using it extensively and sharing a vision of what it means during the cloud commerce leader’s annual SuiteWorld conference.
Build-A-Bear Workshop posts mixed Q1; opening store in Empire State Building

St. Louis -- Build-A-Bear Workshop said its total revenue fell 5% in the first quarter amid harsh winter weather between Valentine’s Day and Easter in North America.

The chain’s profit for the quarter, ended March 29, totaled a better-than-expected $8.3 million, compared with from $5.1 million in the year-ago period.

Total revenues were $93.4 million, less than expected, compared to $97.9 million in year-ago period. Revenue was also negatively impacted by fiscal 2014 having a 53rd week, the company said.
Office Depot profit rises despite sales decline

Store closures led Office Depot sales to decline in the first quarter, but the retailer still reported a sizable bump in profit.
Macy's to open off-price stores in autumn

Macy’s will finally unveil its off-price business model in the fall by opening four new stores in the New York City area under a name that might not be so unfamiliar to loyal customers.
Guitar Center remixes omnichannel marketing with Zedd

Guitar Center has teamed up with Grammy Award-winning musician-DJ-producer superstar Zedd on an innovative omnichannel promotion to give aspiring musicians the chance to take their careers to the next level.
Office Depot meets Q1 profit forecasts, misses on sales

Boca Raton, Fla. -- Office Depot Inc. on Tuesday reported a first-quarter net profit of $45 million, compared with a loss of $109 million in the year-ago period. Its results met analysts’ expectations.

The office supply retailer said excluding non-recurring items, including costs associated with the planned acquisition of Office Depot by Staples Inc. adjusted earnings per share were 13 cents, matching the FactSet consensus.
Sam's Club opens new store with a bang

Sam’s Club is toasting the grand opening of its newest club in Oklahoma with thousands of dollars in community grants and special appearances by politicians and celebrities.

The new Sam’s Club at 1705 S. Broadway Ave. in Moore, Okla., opens May 7 following an 8 a.m. grand opening ceremony. The company says the grand opening celebration will focus on the company’s commitment to the local community. “We’re so happy to be part of the community and look forward to giving back whenever we can,” said Club Manager Farrokh Moinian.