News

The apparent advantage online retailers have over their brick-and-mortar counterparts may soon be gone now that new legislation seeking to enforce the collection of sales tax for all retailers has been introduced.

Encino, Calif. -- Yogurt chain Menchie’s said Friday it has launched a new mobile app, Yumm Finder, for iPhones, featuring location finder capabilities and featured promotions.

Menchie's partnered with RAZUR, based in Atlanta, to develop and release the app.

CHICAGO — Retail executives are moderating their expectations for 2013 following uneven sales in December and January, according to a new survey of CFOs by professional services form BDO USA.

SUFFERN, N.Y. — Ascena Retail Group, a leading specialty retailer offering clothing, shoes, and accessories for missy and plus-size women and tween girls, under the Justice, Lane Bryant, maurices, dressbarn and Catherines brands, has named Ronnie Robinson to the position of president Ascena Global Sourcing (AGS).

New York -- Bad feelings about the global economy persist, with more than half of consumers around the world say the world is in an economic recession, according to a new study by Nielsen.

According to the Nielsen Global Survey of Consumer Confidence and Spending Intentions, 71% of North Americans said they were in a recession in the fourth-quarter of 2012, but this represented a drop in 15 percentage points from the fourth quarter 2011, representing the largest drop in negative sentiments about the economy of any area.

Thought leaders from the supply chain world are scheduled to participate in a forward-looking event scheduled for April 11 in Northwest Arkansas.

The event is organized by the Supply Chain Management Research Center at the University of Arkansas and this year’s theme is, "Supply chains 2020: collaborating to win in an omni-channel world."

Brett Biggs, Walmart U.S. CFO, will share his views on the company’s performance during an upcoming Doing Business in Bentonville meeting.

Bigg’s is slated to speak at the event scheduled for 7 a.m., March 13 in Rogers, Ar., and could have some interesting things to say given the timing of the event. Walmart is due to report fourth quarter and full year results next week on February 21 and then on March 7 the company hosts a two day event in Orlando for store managers and suppliers where new initiatives tend to be unveiled.

By Ben Carrasco, litigation associate, Smith, Robertson, Elliott & Douglas, LLP, Austin, Texas,
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