News

Amazon.com’s new day for deals is ‘Prime’ promotion
Amazon.com’s latest gambit to encourage shoppers to buy a $99 Prime membership and goose second quarter sales involves the creation of quasi-holiday called “Prime Day.”
Active engagement is key on path to purchase
New research from global marketer Epsilon sheds fresh insight on how to influence shoppers on an increasingly convoluted path to purchase.

The firm surveyed 2,800 consumers for its “The Digital Shopping Tool Impact Study 2015” which examined how people are shopping, what’s guiding their purchasing decisions and what tools they are using before, during and after purchase. The research revealed a noticeable shift towards mobile and social digital tools that is changing the very nature of the shopping process.

American Apparel may need more money to keep going

American Apparel Inc. is launching a restructuring plan aimed at cutting costs as the retailer looks to turn around its struggling business.

The retailer said it would be closing stores, cutting jobs and unveil a new fall line.
Sports Authority kicks off summer with football clinic

The Sports Authority attracted more than 2,000 attendees to its free annual football clinic in Denver and helped educate parents and kids on player safety.

The event at Sports Authority Field at Mile High included on-field football training and a vendor expo. The football clinic, which had more than 670 participants between the ages of 6 and 14, allowed players to navigate through drill stations dedicated to specific skills such as passing, catching, running, defense, agility training, Heads Up Tackling and more.
RadioShack is far from dead

RadioShack plans to enhance its in-store experience and deliver an exciting new product mix now that it has $75 million in new funding.

General Wireless Operations Inc., doing business as RadioShack, has completed new financing consisting of a $50 million asset-based lending credit facility led by RBC Capital Markets and a $25 million first-in last-out term loan led by Great American Capital Partners.
Lowe's makes a change in finance team

Lowe's says it is making an investment in its long-term financial strategy with its latest move on its finance team.
Changing the world, one school supply at a time

Staples is shaking up the back-to-school aisle with an innovative promotion that makes a difference for children around the world.

The company is partnering with Me to We and Free The Children to help children around the world by allowing customers to digitally track how their purchase makes a difference.
Rite Aid creates risk management office

Rite Aid has named a 30-year company veteran to the newly created post of group VP of risk and controls.
Summer camp redefined at Books-A-Million

Books-A-Million is re-defining the meaning of summer camp and fun for kids this summer with a new character-based series of store events.

Summer Fun Camps at Books-A-Million will take place from 2-4 pm each Saturday in July, and feature activities based around popular characters like the Minions, Percy Jackson and Harry Potter. The camps will take place at all Books-A-Million locations.
Brainy chain opens store in D.C.

Marbles: The Brain Store has chosen one of the country's smartest cities for its next brick-and-mortar location.

The company plans to open a new store in the Washington, D.C., area at National Harbor, the waterfront shopping and entertainment district on the Potomac River.

The new location is the third Marbles store to open this summer. Marbles also launched in Times Square in New York City and Myrtle Beach, S.C., marking its first location in the southern region.
Dollar Tree just created the nation's biggest dollar store chain

Dollar Tree's yearlong takeover saga, in which the retailer's offer to buy Family Dollar prompted a separate buyout attempt from Dollar General, is finally over.

Dollar Tree Inc. announced that it has completed its $8.5 billion acquisition of Family Dollar Stores Inc. Dollar Tree also named a new president and COO of Family Dollar. The combined company will operate about 13,000 stores, making it the largest dollar store chain in the U.S. by store count.
Beyond the buzz, personalization offer retailers real potential

An expanded relationship between IBM and Adobe promises to give retail marketers new dynamic personalization powers to increase sales.

Adobe announced an integration with IBM WebSphere Commerce that the companies believe give marketers the ability to create and deliver powerful experiences across all digital channels.