News

Food inflation is top of mind with retailers these days and more specifically the ability to preserve margins by raising prices to offset the higher prices suppliers are charging. This ability to pass through price increases is dominating discussions in a food universe where it has become common to hear retailers use the word “rational” when describing the pricing climate.

Cincinnati -- Macy’s has entered into a $1.5 billion bank credit agreement that will mature on June 20, 2015. It replaces a previous $2 billion facility, which was set to mature on August 30, 2012. Joint lead arrangers for the new agreement are J. P. Morgan, Bank of America Merrill Lynch, Credit Suisse, U.S. Bank and Wells Fargo.

Conserving energy just seems to come naturally to Staples Inc. The office supply chain’s embrace of energy-efficient technologies and practices throughout its facilities has won it a reputation as one of the retail industry’s leading green stars. Indeed, Staples was recently honored as the 2011 Energy Star Partner of the Year in Energy Management by the U.S. Environmental Protection Agency for its leadership in energy efficiency and greenhouse gas emissions reduction.


SAN MATEO, Calif. — DemandTec announced that Dollar General will use DemandTec's markdown optimization, everyday price optimization, and everyday price management software services.  According to DemandTec, these three services are designed to enable retailers to optimize and strategically manage pricing for the entire store, including new items, regular retails, promoted items, and clearance items.  

New York City -- Mobile commerce is expected to reach $31 billion by the end of 2016, according to a new report from Forrester Research.

The report, “Mobile Commerce Forecast: 2011 to 2016,” predicts an annual compound growth rate of 39% for mobile commerce over the next five years.

The report predicts mobile commerce will reach $6 billion by the end of this year, $10 billion next year and $31 billion by 2016.