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  • iPad, pretzel M&Ms among most memorable product launches

    BOSTON - A recent survey regarding memorable product launches in 2010 found that -- not surprisingly -- the Apple iPad secured the number-one spot. At number two was Windows 7, followed by Pretzel M&Ms at number three, Motorola Droid at number four and McDonald's Smoothies rounding out the top five.

  • Report: Zale exploring sale of Piercing Pagoda kiosk business

    Dallas -- A Tuesday report by Bloomberg said that Zale Corp. is exploring the sale of its Piercing Pagoda kiosk business to focus on its fine jewelry operations.

    Citing three unidentified sources, Bloomberg said that buyout firms including Apollo Global Management LLC are looking at the division. Piercing Pagoda generated more than $226 million in sales for the year ended July 31, and is said to be profitable.

  • CVS develops photo app for Facebook users

    WOONSOCKET, R.I. — CVS/pharmacy has launched its new CVS Express Photo App, which enables Facebook users to order prints from their Facebook albums without leaving the website, with prints ready for pickup in about an hour at their local CVS/pharmacy.

  • Best Buy Q3 profit misses, cuts full-year forecast

    Minneapolis -- Best Buy Co. reported an unexpected decline in fiscal third-quarter profit Tuesday, as lower demand for televisions and videogames led to a sales shortfall in the United States. The chain cut its full-year forecast.

    Best Buy Co. said that its third-quarter net income fell 4% to $217 million, while revenue fell 1% to $11.89 billion. Same-store sales fell 3.3%. Results missed Wall Street projections.

    Best Buy said it has cut its full-year outlook, as it faces stepped-up competition from online and discount stores.

  • Target to save planet too

    While such retailers as Kohl’s, Walmart and Office Depot were receiving accolades for their sustainability efforts the past few years, Target was seldom mentioned in the same breath. Target wasn’t exactly destroying the planet, but it was far less vocal and precise than others about its efforts in the area of sustainability. Not any more. The company last week established some clear goals regarding resource usage, waste elimination and carbon footprint reduction and a time frame in which to achieve them.

  • Convergys holiday survey: Big online spending yet to come

    Cincinnati -- A survey released Monday by Convergys said that many consumers have yet to complete their holiday shopping -- and many of those will do that shopping online.

    According to Convergys’ 2010 Holiday Shopping Season Research, which polled 500+ consumers on their holiday shopping plans; 18% of consumers have already completed their holiday shopping; but 27% have not yet started; and 50% are only half done.

  • NRF Show Preview

    NRF Convention: Influential Demographics

    The annual NRF Convention attracts retailers from around the globe. Here is a breakdown of the attendees by job titles:

  • Retailers’ Green Efforts Focused on Energy Management

    Despite the uncertain economic environment, retailers are continuing to invest in green measures, according to a new report by RSR Research. What’s more, the number of retailers who believe that environmentally responsible initiatives are born out of good business sense is on the rise, up to 61% in 2010 from 49% the previous year.

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