News

Deb Shops going out of business
Teens will soon have fewer choices when it comes to shopping for the latest fashions.

Deb Shops announced it has won court approval to launch going-out-of-business sales that will culminate with the closing of nearly 300 stores.

“We thank our many customers and dedicated employees for their tremendous loyalty over the years and are very proud of our associates’ commitment to maintaining the high level of customer service we are known for throughout this transition,” said Dawn Robertson, CEO at Deb Shops.
EBay Enterprise expands omnichannel partner program globally
King of Prussia, Pa. – EBay Enterprise is expanding its network of partnerships with a global program that will allow retail consultants and other partners to advise, design and integrate omnichannel commerce solutions and services from providers including Magento, Isobar, EPAM, Infosys, Bridge Consulting Group, AOE, Vaimo, and Gorilla.

Solutions and services offered include retail order management, store and warehouse fulfillment, and customer care. Global markets where services are offered include Europe, China and Latin America.

Gap greets season with sales growth

San Francisco – Gap Inc. should be happy to greet this year’s holiday season, based on its performance in the just-concluded 2014 holiday season. Net sales for the November and December 2014 holiday shopping season were up 4% and same-store sales were up 3%, compared with the previous year.
ALEX AND ANI Selects Oracle Retail to Extend Personalized Approach

Founded in 2003, American jewelry brand ALEX AND ANI has cultivated a loyal customer following based on careful craftsmanship, an eye toward personalization, and reliable, seamless engagement in stores and online. Next, the retailer is upgrading its behind-the-scenes processes with Oracle Retail merchandising, planning, point of service, and warehouse management solutions.
Bed Bath & Beyond makes its digital future

Growth decelerated at Bed Bath & Beyond during the third quarter but the $1.3 billion the company spent buying back stock enabled it to achieve analysts’ earnings estimates.
Five Pillars of Excellence for Retailers in 2015

From Valentine’s Day to Christmas, the year is filled with big moments for retailers – but a retailer’s strategy should be much more than a numbers game during these times. Rather, these moments present an opportunity to build momentum for the entire year with a 360-degree brand strategy that gives shoppers an unforgettable experience that will keep them coming back.

To maximize the potential benefits of big retail moments throughout 2015, keep these five pillars in mind:
Boot Barn sales kick up in Q3

Boot Barn’s efforts to expand its footprint may be paying off, as the western wear retailer reported net sales of approximately $130.5 million, compared to net sales of $115.4 million for the third quarter of fiscal 2014.
Kurt Salmon, Tyco, Mobispoke partner for tech-savvy in -store experience

New York - Kurt Salmon, Tyco Retail Solutions, and Mobispoke are partnering to enable retailers to provide a more cutting-edge store experience that includes interactive mannequins, fixtures and fitting rooms, as well as connected employees. The alliance is anchored by an interactive demonstration lab at Tyco’s Retail Experience Center.
Overstock banks on Bitcoin; will other retailers follow?

As uncertainty continues to swirl around Bitcoin and its role in the future of payments, Overstock.com is rushing full-speed ahead in embracing the digital currency.

The online retailer has installed a Bitcoin ATM at its corporate headquarters in Salt Lake City. The ATM is accessible 24 hours a day and allows the public to convert U.S. dollars to Bitcoin, and Bitcoin to U.S. dollars.
Half Price Books turns to PCMS for POS

Cincinnati - Half Price Books has selected the PCMS Vision BeanStore POS system for its stores nationwide. PCMS is in the process of rolling out the system at all 117 Half Price Books stores.

Half Price Books selected PCMS over a number of competitive vendors due to the ability of PCMS to support the retailer’s unique inventory management requirements around the buying and selling of new and used books and other items.