News

Cold Stone Creamery gets social with sharks
Scottsdale, Ariz. - Cold Stone Creamery is partnering with the Discovery Channel to promote its “Shark Week 2015” TV programming event through July 14. As part of the promotion, Cold Stone is holding a social media contest where one winner will win a trip for four to the Atlantis Paradise Island Resort in the Bahamas.
Payment service provider accepts digital currency
New York - Computop, a payment service provider (PSP), and Bitnet, a bitcoin payments processor, are launching a strategic technology partnership that allows retailers to accept bitcoin as a payment method on Computop Paygate. Bitcoin is a decentralized digital currency that does not depend on any central authority such as a bank to process or validate transactions.

Retailers will be funded by Bitnet in the local currency of their choice, with the standard transaction flow from Computop Paygate.

Rite Aid hits the road for healthy skin

Rite Aid will be teaming with the Skin Cancer Foundation for the eighth consecutive year to provide Rite Aid customers free private screenings with a local dermatologist volunteer.
Boot Barn steps up omnichannel strategy

Boot Barn has taken a significant step forward in its e-commerce strategy now that its acquisition of Sheplers is complete.
Heinz execs to lead new company with Kraft

Two days before Kraft shareholders are scheduled to vote on a merger with Heinz, the company announced a slew of new executives.

Paulo Basilio was appointed executive vice president and CFO, having joined Heinz in June 2013 as CFO. Kraft's CFO James Kehoe and other Kraft executives are being let go in 30 days or when the merger is completed, Heinz said in a statement.
Pier 1 names industry veteran as CFO

Pier 1 Imports has named a former finance executve of Michaels, Kmart and Sears as its new chief financial officer.
Pep Boys puts itself up for sale

Several months after its CEO resigned in September, Pep Boys says it is reviewing strategic alternatives, including a possible sale, merger or other deal.
Michaels crafts a low-cost summer for kids

Michaels is giving children a Passport to Imagination this summer with a new free program.

This year, the low-cost, in-store sessions will focus on summer vacation fun, including lake picnics, afternoons at the beach, county fairs, music festivals and more. Passport to Imagination begins July 6 and will run through Aug. 21 in all Canadian stores, with three classes per week, on Monday, Wednesday and Friday from 10 a.m. to noon.
Kohl’s new office price concept now open

Looking for a piece of the growing off-price pie, Kohl's has officially opened its Off Aisle concept in New Jersey.

Kohl’s is testing the off-price waters by opening a discount store in Cherry Hill, N.J., this summer called "Off Aisle by Kohl's."
Meijer exec and growers talk local commitment

In the midst of its strongest growth in years, Meijer and its produce partners are touting the company’s $100 million locally grown commitment.
Meijer exec and growers talk local commitment

In the midst of its strongest growth in year, Meijer and its produce partners are touting the company’s $100 million locally grown commitment.
Walmart aims to collect all supplier content

Walmart is appealing to suppliers – even those who don’t sell it merchandise – to share their complete product catalog with the company in the name of providing shoppers accurate, up-to-date and comprehensive information.

The goal of a new pilot program according to a blog post on Walmartlabs.com written by global head of content acquisition, Ram Rampalli, is to solve a universal problem by delivering exceptional product content.