News

By Jonathan Golovin, CEO of Retail Systems Inc.

Aisle411 has unveiled a new functionality that will allow retail shoppers using Google’s Project Tango to search and navigate to product locations while getting rewarded in retail environments in a revolutionary new way.

Conshohocken, Pa. -- Ikea is planning to raise the hourly minimum wage for employees in its U.S. stores by an average 17%, beginning January 1, 2015. In a move unprecedented among U.S. retailers, Ikea’s wage hike will vary in that it will be based on the cost of living in each store’s location. According to Ikea, the change will take the average minimum hourly wage in its existing U.S. stores (as of June 2014) to $10.76, a $1.59 or 17% increase, and $3.51 above the current federal minimum wage.

Women’s sportswear and apparel retailer Fresh Produce has appointed Dorothy Sadd as its COO, the company announced Thursday. The 25-year industry veteran will oversee growing the 30-year-old brand’s footprint, using her expertise in several different facets of clothing production and inventory management.

New York -- China's Alibaba Group Holdings plans to list its shares on the New York Stock Exchange, Bloomberg reported. In a filing on Thursday, the company revealed it will use the ticket "BABA."

Alibaba filed for its IPO in May. The online giant is looking to sell about a 12% stake, the report said. Experts have said it could be the largest U.S. IPO ever.

Executive authority suffered a blow this week when the U.S. Supreme Court sided with Pepsi distributor Noel Canning in a dispute over president Barack Obama’s use of an arcane “recess appointments” clause to load the National Labor Relations Board with pro-union choices.

mShopper, a global mobile commerce platform provider, has launched version 4.1 of mStore. With the addition of new user-experience improvements, universal navigation, extensive use of product imagery and custom faceted search, mShopper's new mStore is set up to help online retailers drive conversions and improve sales.

Houston -- Hungry Howie's Pizza has signed a multi-year agreement to exclusively use HungerRush Online Ordering. HungerRush is a product of Revention, which has been providing online ordering services since 2006.