Skip to main content

News

  • Is your checkout designed to sell?

    By Paul Bridgewater, [email protected]

    Consumers remain skittish. Despite recent positive economic signs, the latest Gallup U.S. consumer spending report shows that routine daily expenditures at restaurants, gas stations and online stores are still down from their 2008 highs, falling to $58 per day in January 2011, versus $97 for the same month three years earlier.

  • Office Depot gives aid to tornado-affected families and businesses

    BOCA RATON, Fla. — Office Depot's charitable arm, The Office Depot Foundation, announced donations to help families and small businesses affected by the recent tornadoes in Alabama and the Southeastern United States.

  • Michaels gets a handle on security breach

    IRVING, Texas — Michaels announced that it has removed the PIN pad tampering threat from its U.S. stores and believes it has identified the time frame that customer information was exposed. Based on the latest information available, exposed PIN pad transactions occurred from Feb. 8 through May 6, the date Michaels disabled the tampered devices.

  • An e-commerce investment in China

    Walmart acquired a minority interest in Chinese e-commerce company Yihaodian, the company announced Friday morning. Yihaodian was launched in July 2008 and currently offers 75,000 products and next-day delivery on essential items from an existing logistics network in Shanghai, Beijing and Guangzhou.

  • Black & Decker unveils new Steam-Mop

    TOWSON, Md. —  Black & Decker has introduced its new Steam-Mop featuring trademarked SmartSelect technology that enables users to use the mop on a variety of floor types. When the right setting is chosen the mop will release the required amount of steam needed to clean the floor.

    The mop works with regular tap water, thus eliminating the need for harsh chemicals, the company reported. According to Black & Decker, this mop can kill  99.9 percent of germs to achieve a clean home the all-natural way. 

  • Gap expands to Serbia and Ukraine

    SAN FRANCISCO — Gap Inc. has announced plans to bring the Gap brand to Serbia and Ukraine through new agreements with existing franchise partners. The stores are scheduled to open in 2011 in the cities of Belgrade and Kiev where customers will be able to shop products from Gap, GapKids and babyGap.

  • Wal-Mart buying minority stake in Chinese online retailer

    Bentonville, Ark. -- Wal-Mart Stores is buying a minority stake in online company Yihaodian, which sells groceries, consumer electronics, clothing and other items. Terms of the deal and the size of the stake were not disclosed.

    The deal will help expand the Wal-Mart’s reach into China, where it has 328 stores (as of Dec. 31, 2010).

X
This ad will auto-close in 10 seconds