News

More than 1,200 leaders from the toy and baby products industries gathered at the Marriott Marquis Hotel in New York to celebrate the 2014 Toys “R” Us Children’s Fund Gala.

New York -- Dillard’s marked its 15th consecutive quarter of positive sales.

Despite weak sales in home and furniture, Dillard’s said sales trends in the first quarter were strongest in the men’s apparel and accessories category and the juniors’ and children’s apparel category followed by ladies’ accessories and lingerie.

The retailer reported total merchandise sales for the quarter of $1.539 billion, a 1% increase from $1.530 billion for the prior-year period. Comparable-store sales increased 2%.

The Dollar General Literacy Foundation has awarded more than $6 million in grants to 700 schools, nonprofits and literacy organizations across the 40 states Dollar General serves to support adult, family and summer literacy programs.

Seattle -- Nordstrom Inc.’s net income for the first quarter fell 3% to $140 million from $145 million in the year ago period, reflecting heavy investments in technology to support omnichannel initiatives and the retailer’s debut in Canada. Its earnings still topped Street views. The company plans to open three full-line stores and 17 Nordstrom Rack stores during the remainder of fiscal 2014

Blyth — a direct-to-consumer company and leading designer and marketer of candles and accessories for the home, as well as health, wellness and beauty products sold through the direct selling and direct marketing channels — has promoted Jane Casey to the role of CFO.

The company this week announced that VP, CFO Robert H. Barghaus plans to retire later this year after 13 years. Barghaus will remain active as the company's CFO until Casey, an 18-year veteran with the company, assumes the role.

Minneapolis -- Best Buy has exceeded its goal of reducing energy consumption by 20% by 2020 as part of the Department of Energy’s Better Buildings Challenge issued by President Barack Obama in 2011.

The Retail Industry Leaders Association and several of America's most recognized retail brands have launched the Retail Cyber Intelligence Sharing Center.

The R-CISC is an independent organization, the centerpiece of which is a Retail Information Sharing and Analysis Center. Among those companies participating with and supportive of the R-CISC are American Eagle Outfitters, Gap, J. C. Penney, Lowe's Companies, Nike, Safeway, Target, VF Corp. and Walgreens.  

Columbia, Md. – Micros Systems Inc. is introducing two solutions designed to allow retail and hospitality staff members to perform multiple activities from one device. The Micros MTablet E-Series operates on Microsoft Windows 8.1 Embedded Industry Pro in eight- and 11-inch versions, with the 11-inch version fully compatible with the Micros MStation base, providing staff the flexibility to be mobile or use it as a workstation option with full peripheral connectivity.

Optional sleeves for either MTablet size facilitate secure payment on the device.