News

New York – Ann Inc., the parent company of Ann Taylor and Loft, has named Katie J. Bayne to its board of directors. Bayne serves as senior VP, global sparkling brands at The Coca-Cola Company.

KANSAS CITY, Mo. — Starting this month, social media users and others can send each other beers, cocktails and food items as gifts via a growing number of gift card options and features from Applebee’s Neighborhood Grill & Bar.  The chain has re-designed its gift card experience for both senders and receivers of gift cards that are redeemable at nearly 2,000 Applebee’s locations across the country.

Redbox is raising its prices in an effort to boost stagnant sales and get more revenue out of its existing customers.  

NEW YORK - Fitch expects U.S. sales growth to modestly improve in the coming holiday season, with retail sales (excluding auto) expected to grow at 3%-4% in November/December versus 2.8% year to date. Fitch expects online sales will grow in the 12%-14% range during the fourth quarter, in line with year to date levels.

E-commerce firm BrandShop announced that Reuben Hendell has been named chief executive officer of the company. Hendell will also serve on BrandShop's board of directors.  

BrandShop provides digital commerce services for such brands as ArmorAll, Casio, Cuisinart, Hershey's, Nicorette, Ping, Samuel Adams and Waterpik.  

New York - Forty-one percent of consumers plan to head to the stores on Black Friday,18% plan to shop in a physical store on Thanksgiving, and 32% of consumers will hit the stores on the following Saturday and/or Sunday, according to new data from the International Council of Shopping Centers. More than one-third (36%) of consumers plan to go to a physical store on Cyber Monday.

American Girl is pledging to give away 1,000 dolls a day, or $3 million in retail value, to children in hospitals across the country this holiday season.

Now through Dec. 18, American Girl will match any doll purchase made online, in-store or via phone with an 18-inch doll donation (up to 1,000 dolls each day) as part of its 2014 “Share the Wonder of the Holidays” giving campaign.

Apex, N.C. - TechPay Mobile Payment Systems has launched the SwiftPay mobile payment system. SwiftPay requires no new hardware for the merchant to install, it integrates directly into the retailer’s existing system.