News

With all the attention placed on cybercrime, it is easy to overlook the threat posed by old fashioned shoplifters and dishonest employees.  

The National Retail Federation has some big concerns about a plan unveiled Wednesday by House Republican leadership to replace President Obama’s Affordable Care Act.    

Apple is training the next generation of coders — in its stores.   The company is expanding its Apple Camp workshops to include a course designed to teach children the basics of coding, Techcrunch reported.   The “Coding Games and Programming Robots” course, open to children ages 8 to 12, will also allow kids to program Sphero robots.   

Without a store base to support any fulfillment, pure-play home improvement retailer Build.com lives and dies by efficient product shipping.   Further complicating the retailer’s efforts to provide quality shipping while maintaining reasonable internal costs is the nature of its product assortment.  

Restoration Hardware Holdings Inc. (RH) has appointed Hilary Krane to its board of directors, effective immediately.   Krane is the executive VP, chief administrative officer and general counsel of Nike Inc. She will also serve on the board’s audit committee. Prior to joining Nike in 2010, Krane held various roles at Levi Strauss & Co., including senior VP, general counsel and corporate affairs.  

Boots, the U.K.-based pharmacy and beauty retailer, and IBM announced that Boots has launched Sales Assist, an IBM MobileFirst for iOS app, across its U.K. stores to make it easier for customers to find the products they need.   Sales Assist is one of the 100-plus enterprise-focused apps that IBM has produced in collaboration with Apple for iPhone and iPad, aimed at a range of specific industries and professions.  

H&M isn’t letting a weak second quarter performance stand in the way of its ambitious expansion plans.   The Swedish retailer’s profit in the quarter, which ended May 31, fell 17% to 5.357 billion Swedish kronor ($649.6 million), according to MarketWatch, as unusually cool weather dimmed sales of spring clothing and a strong U.S. dollar added to its costs. The strong dollar will have a negative impact on purchasing costs for the third quarter and a neutral effect in the fourth, the chain said.  

The latest planned fulfillment center for Amazon.com will have a big impact on operations in the South.   The e-tail giant will open a new 600,000-sq.-ft. facility in Braselton, Georgia. When opened, it will create more than 500 new full-time jobs. Amazon currently has more than 1,500 full-time employees at its existing facilities in the state.   Employees at the Braselton center will pick, pack and ship large items for customers like household décor items, sporting equipment and gardening tools.