News

Dallas – 7-Eleven’s primary value proposition is convenience, and the retailer is extending that proposition to embrace one of retail’s hottest trends: on-demand home delivery.

Ann Arbor, Mich. - Customers are less satisfied with fast food as their discretionary income improves and preferences shift in favor of quality over price.

According to new data from the American Customer Satisfaction Index (ACSI), two new entrants to ACSI debut at the top of limited-service (fast food) restaurants: Chick-fil-A and Chipotle Mexican Grill.

New York – Most consumers base their grocery purchase decisions on very basic information. According to new research from data analytics solution provider Precima, 80% of U.S. shoppers choose their primary grocery store based on everyday prices, with two-thirds (65%) stating that the everyday (regular/non-sale) prices of staple items such as milk and eggs most influence their price perception of a grocery retailer.

San Antonio, Texas - CST Brands Inc., through its CrossAmerica Partners LP wholly-owned subsidiary, has closed its previously announced acquisition of the Charleston, West Virginia-based One Stop convenience store network. CST is also moving 29 recently constructed stores into its wholly-owned CrossAmerica partnership via two “dropdown” transactions.

Carrollton, Texas – The range of social media keeps expanding, and TGI Fridays is now including burgers. The casual dining chain has launched “Buy A Burger, Give A Burger,” a new promotion that allows customers to let their friends compete for free burgers through social media.

Time is often considered the most precious resource of all, because once it is spent, it can never be replenished. While there is no way to create new time, retailers can reduce the amount of time spent on such tasks as scheduling and payroll with automated workforce management technology. And as the old saying goes, time equals money.

Most retailers are reducing their footprints, but not Nebraska Furniture Mart (NFM). In fact, the retailer is doing just the opposite and has opened the nation’s largest home furnishings store. Located in the new 433-acre mixed-use development, Grandscape in The Colony, Texas, the two-level NFM has a whopping 560,000 sq. ft. of selling space. Including an on-site warehouse, the space totals more than 1.8 million sq. ft.

The store sells 100,000 products, ranging from very high-end items to value offerings, with another 500,000 items in stock in the warehouse.

Taking proactive approach can save energy, costs

Unexpected heating, ventilation and air-conditioning system repairs or breakdowns can result in unplanned store downtime or customer comfort issues for retail stores. With comfort such an important part of the customer experience, one that can impact sales, HVAC systems are indeed a critical component for retail stores.

In addition, HVAC systems are one of the largest sources of energy consumption in retail stores.

Saks Fifth Avenue reduces energy costs with LED retrofit

It’s often said that companies must spend money to make money, and this is true of investments in energy efficiency.

New York -- The top state for business is a high-tax, high-wage, union-friendly, cold-climate state, according to an annual ranking by CNBC.