News

The Ethisphere Institute is out with its “World’s Most Ethical Companies” list and the names of retailers are few and far between.

UPS still loves logistics, but a new marketing campaign from the company puts a finer point on the range of problem-solving abilities alluded to when UPS first asked, “What can Brown do for you?”

United Problem Solvers, the new brand positioning from UPS, is designed to communicate the company’s unique capabilities to solve problems for all customers, ranging from small businesses to the largest global enterprises.

Pricing and launch details about the highly anticipated Apple Watch were released on Monday and calling the device a watch hardly makes sense.

Aside from being worn on the wrist and offering users the ability to tell time, the Apple Watch represents a new generation of wearable technology that promises to create new challenges and opportunities for retailers who now have another screen to consider.

Framingham, Mass. – Staples Inc. underwent a difficult fourth quarter of fiscal 2014 as the company swung from a profit to a loss on special charges, faced investor pressure to change its board, sluggish sales and deal with fallout from its plan to acquire its largest competitor.  

Charlotte, N.C. - Family Dollar Inc. is overhauling its store network. The retailer has selected Interface Security Systems Holdings Inc. as its IP managed service provider across its entire retail platform.

Family Dollar recently completed a major initiative to modernize and refresh critical technology in each of its stores. The technology makeover, or Flat Rate Managed Service Project, was launched in collaboration with Interface in July 2014 and is scheduled for completion by May 2015.

Pittsburgh – Dick’s Sporting Goods Inc. knows who it wants to be – a successful omnichannel brand. The retailer is rolling out a new omnichannel campaign, "Who Will You Be?", which will debut March 6 on TV and digital platforms during ESPN's College Basketball Championship Week.

New York  -- Foot Locker posted better than expected fourth quarter earnings on Friday, amid strong holiday sales. Net income jumped 21% to $146 million in the quarter, up from $121 million last year.

Total sales in the quarter increased 6.7% to $1.91 billion, also beating estimates of $1.87 billion. Same-store sales rose 10%.

Greensboro, N.C. – The Fresh Market Inc. will close its remaining stores in California, which include locations in Palo Alto, Santa Barbara and Laguna Hills, by March 31 in order to focus on higher growth opportunities. The decision comes even as adjustments to promotions and pricing helped drive impressive fourth quarter results.

Seattle – If you can’t beat ‘em, join ‘em. Amazon.com is reportedly heeding that old saw with plans to open a store on the Tmall site of Chinese e-commerce giant Alibaba Holding Group.

Columbus, Ohio – Higher gross margin helped Big Lots Inc. increase net income 12% to $94.43 million.

In the fourth quarter of fiscal 2014 from $84.35 million in the same quarter a year earlier. Net sales climbed 1% to $1.59 billion from $1.57 billion, with same-store sales improving 2.9%.