News

Toronto – Real estate transactions helped Sears Canada swing to a profit in the second quarter even as revenue and same-store sales decreased.

The retailer on Wednesday reported net earnings of $13.5 million, compared to a net loss of $21.3 million the same quarter a year earlier. The company, which has been working to turn around its business, also announced additional cost-cutting plans and real-estate sales.

Hoffman Estates, Ill. – Kmart has paid the U.S. government $1.4 million to resolve allegations that it improperly used drug manufacturer coupons and gasoline discounts to reduce pharmacy costs for Medicare patients at Kmart pharmacies.

Boise, Idaho -- Haggen’s acquisition of 146 Albertsons and Safeway stores is shaping up as a disaster and the reasons why are detailed in a new lawsuit that puts the blame squarely on the parent company — Albertsons Holdings — of the divested stores.

Scottsdale, Ariz. – Shoppers keep getting smarter about using their mobile devices.

According to a new study from OneStop Marketing, 83% of mobile users now engage in shopping activities on their phone immediately before, during or after a trip to the store.

In addition, 45% of online traffic during the 2014 holiday season came from mobile but only 20% of sales came from mobile devices, indicating a substantial opportunity to increase mobile conversion rates.

Austin, Texas – A new study has identified the most popular retail POS system.

According to research by Software Advice, Lightspeed takes the top spot.

Software Advice assigned Lightspeed a combined score of 4.9 on a five-point scale for its user adoption level, search traffic and social media presence. Following Lightspeed were Microsoft Dynamics (4.7), Vend (4.4), Revel (4.4), Shopkeep (3.8), AP (3.5), NCR (3.2), Bindo (3) and CashierLive (3).

Minneapolis – Target Corp. reportedly wants to become a place where consumers can go and everybody knows your name.

According to USA Today, Target plans to serve liquor in a store slated to open in Chicago in October 2015.

While a number of Target stores sell packaged alcohol products, this marks the first time Target would also serve liquor for customers to consume inside the store. Target has applied for permits to both sell alcohol for take-home purchase and for in-store consumption for the Chicago store.

With the explosion of online retail giants like Amazon.com, the new digital economy has turned traditional consumer buying behavior upside down, making your everyday salesperson seemingly obsolete. In fact, according to Invesp, more than 62% of U.S. consumers with Internet access shop online at least once a month and 78% of those shoppers don’t check out a product in-store before buying online.

Bauer Hockey's Own the Moment Hockey Experience is designed to provide the ultimate showcase for the 88-year-old brand and the sport itself, combining expert help, customer service extras and extensive selection.

Value-priced home furnishings retailer Cost Plus World Market debuts its first small-scale store.

Click here to see slideshows of Cost Plus World Market New York City location and Bauer Hockey's first-ever physical store in Burlington, Massachusetts.

Regional supermarket chain Haggen’s acquisition of 146 Albertsons and Safeway stores has been a disaster and the reasons why are detailed in a new lawsuit that heaps blame of the parent company of divested stores.

As Target moves to reimagine the shopping experience for customers who visit its stores, the retailer has applied for two liquor licenses for a future store in Chicago.

USA Today reports that the company has applied for packaged goods and consumption on premises licenses.

The retailer may be trying to follow the lead of Kroger, Duane Reade and other retailers looking to expand their alcoholic offerings, which could pose operational challenges at these stores.