News

Costco and Alibaba do China deal
Costco has extended its product offering to shoppers in mainland China by establishing a storefront on the Tmall e-commerce platform operated by Alibaba Group.
McDonald’s launches omnichannel informational effort
Oak Brook, Ill. -- McDonald’s USA will answer questions from customers through a multichannel effort called “Our Food. Your Questions.” The company invites people to submit their food questions via social media. McDonald’s will respond with behind-the-scenes webisodes and other social content that provides facts on ingredients, how food is made and how it’s prepared in restaurants.

Walmart bring lockers to hometown supercenter

Walmart’s newest omnichannel initiative is on display at a supercenter in Northwest Arkanas where the retailer has installed lockers for online order pickup.
Domino’s promotes three execs

Ann Arbor, Mich. -– Domino’s Pizza Inc. named Richard E. Allison, 47, president, Domino's International. Allison has been with the company since 2011 and has led its international division since that time, succeeding Michael T. Lawton, current CFO, who ran the division prior to Allison. Prior to Domino's, Allison spent more than 13 years at Bain & Company, where he was a partner and co-leader of the firm's restaurant practice.
Tool company extends longest streak in retail

Plenty of retailers pay dividends, but none comes close to matching the track record of Stanley Black & Decker.

The company declared a 52 cent a share dividend for its fourth quarter and in so doing set a mark no retailer is likely to ever attain.
Survey: Half of consumers to begin holiday shopping pre-Black Friday

Austin, Texas -- Nearly half (46%) of consumers plan to start their holiday shopping before November this year, and one in four intend to have their holiday shopping completely finished by Black Friday. According to the RetailMeNot Shoppers Trend Report survey, conducted in conjunction with The Omnibus Company, 15% of consumers pick up winter holiday gifts throughout the year to spread out the cost. Other notable findings include:
Demandware acquires CQuotient

Burlington, Mass. -- Demandware Inc., a provider of enterprise cloud commerce solutions, has acquired CQuotient, a cloud personalization provider. The acquisition of CQuotient will accelerate Demandware’s plans to turn the data created across its community of retail brands into actionable insights for business optimization and differentiated consumer shopping experiences.
CQuotient acquired by Demandware

Enterprise cloud commerce solutions provider Demandware has upped its predictive analytics game with the acquisition of CQuotient.
SAP Retail Forum—Brooks Brothers transforms IT environment

New York –- Brooks Brothers is currently one-third of the way through an IT transformation based on SAP technology. In a presentation and also in an exclusive one-on-one interview with Chain Store Age at the recent SAP Retail Forum in New York, Sahal S. Laher, executive VP/global CIO of Brooks Brothers, explained how the retailer is becoming a more customer-focused organization.
Apple Pay: Paving the Way for Mobile Payments

By Dov Cohn