News

Iconic outerwear brand to open its first freestanding stores
A popular goose from up north is about to nest in two high-profile locations.

Canada Goose, best known for its signature — and pricey — goose-down jacket with Arctic Circle logo and fur-trimmed hood, will open its first two freestanding stores this fall. The flagship locations are set to open at Yorkdale Shopping Centre in Toronto, and in downtown Manhattan, in SoHo.
Thieves target Walmart POS with skimmers
Criminals have reportedly been targeting some Walmart stores with credit card skimming devices illicitly placed on POS terminals.

According to the Krebs on Security blog, the skimmers are designed to overlay legitimate self-payment card readers manufactured by Ingenico and have been found at Walmart locations in Fredericksburg, Virginia and Fort Wright, Kentucky.

Cabela’s aims for secure checkout

Specialty outdoor retailer Cabela’s Inc. is deploying POS hardware and software from Ingenico Group to make the final step of the in-store shopping process as safe and seamless as possible.

Sidney, Nebraska-based Cabela’s is using Ingenico ISC Touch 250 smart terminals at its 80-plus U.S. and Canadian stores. The POS stations offer a full range of upselling/cross-selling capabilities, such as the ability to display digital advertisements, videos and gift card promotions.
Walmart exec joins board of standards body

Cameron Geiger, senior VP, Walmart technology, has been appointed to the GS1 U.S. board of governors.

He will help guide the GS1 U.S. strategy for driving adoption and usage of GS1 standards within the retail industry. GS1 standards are used to uniquely identify products, services and locations globally.
Uniqlo focuses on U.S. store performance

Japanese specialty retailer Uniqlo has been losing money with its U.S. stores for the past five years, but is not ready to throw in the towel.

According to Reuters, Uniqlo parent Fast Retailing Co. Ltd. is making a U.S. turnaround a top priority.

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Express misses on Q1 earnings, sales

Specialty apparel retailer Express Inc. did not reach Wall Street expectations with declining profit and flat sales in a generally sluggish first quarter of fiscal 2016.

Net income slipped 1% to $12.9 million from $13.1 million in the same quarter the previous fiscal year. Outlet- and IT-related expense growth helped drive down profit.

Net sales stayed essentially flat at $502.9 million, compared to $502.4 million a year earlier. Same-store sales fell 3%, including a 1% dip in e-commerce sales.
Whole Foods opens first 365 store in Los Angeles

After months of anticipation, the 365 by Whole Foods Market discount store format has made its debut in the Silver Lake neighborhood of Los Angeles.
Amazon plans three new fulfillment centers

Amazon.com Inc. is supporting continued growth in California with fulfillment centers launching in the cities of Tracy and Eastvale.
NRF recognizes top small retail exec

The National Retail Federation (NRF) has named Gary Cammack, owner of Cammack Ranch Supply in Union Center, South Dakota, as the 2016 America’s Retail Champion of the Year.

The award was presented Tuesday, May 24, at NRF’s annual Retail Advocates Summit as small retailers from across the country were honored for their advocacy on behalf of the industry while in Washington, D.C., to meet with members of Congress on a variety of public policy issues.
Chico’s names retail veteran as new corporate counsel

Chico's FAS Inc. has appointed Susan Lanigan as executive VP and general counsel.

Lanigan has 25 years of professional experience and more than 15 years of business experience in the retail industry, including serving as executive VP, general counsel of Dollar General Corp.