News

By Ryan Gilchrist

Walmart, Kohl’s, Macy’s and select other retailers already rank among the nation’s leading producers of solar energy, with huge investments that are growing every year. But the industry’s strong position in renewable energy still has room for improvement — literally — with millions of unutilized roof space, prime real estate for solar panels and wind turbines.

By Michael B. Adreani

Global retail shrinkage improved by 4.8% last year, thanks to strengthened loss prevention efforts and general economic improvements

Retailing Today will be closed for the New Year holiday, Dec. 31 through Jan. 2, and will publish again on Monday, Jan. 5. The editors and publishers of Retailing Today would like to wish you and your families our very best wishes for a happy and healthy 2015.

Mike Troy, Editor, Retailing Today

Oracle Retail begins 2015 with a former top IBM exec in a key leadership role and several key acquisitions under its belt as the technology leader looks to help retailers achieve differentiated shopping experiences.

Oracle Retail named Jill Puleri as Senior Vice President and General Manager reporting to Mike Webster, Oracles Senior Vice President and General Manager, Retail and Hospitality. Puleri most recently served as Worldwide Retail Industry Leader for IBM Global Business Services.

Rite Aid wants to ring in the New Year with more sales and is counting on a generous new seasonal savings and rewards initiative.

The company has announced it is offering its wellness+ loyalty program members the opportunity to receive lifestyle and entertainment rewards for every $50 spent in stores on participating products now through Jan. 24.

The new year will bring more fraud than ever before, but also more tools to prevent it, according to three experts from the Association of Certified Fraud Examiners (ACFE).

The experts at ACFE were asked for their top fraud predictions for 2015. They weighed in on digital currencies, information security and other issues that will help shape the effort to prevent and detect fraud in the new year:

It remains to be seen how Big Lots performed this holiday season, but the closeout retailer’s catchy and original television advertising drew accolades from industry experts.

In a recent piece in Ad Age, Big Lot’s holiday campaign “Nailed It” was singled out by writer Ken Wheaton as the top campaign of the season.

The best and the brightest college students interested in retail careers will receive $100,000 in grants from the National Retail Federation (NRF) on Jan. 11 in New York City.

The NRF Foundation will award the scholarships to 24 outstanding students as a part of its Next Generation Scholarship program.

This year students will also be awarded a travel scholarship to attend NRF’s Big Show and NRF Student Program in New York City.

Tractor Supply Company has strengthened its partnership with the National 4-H Council by taking in $763,283 for the organization during a 10-day national in-store fundraiser.

With the $1.5 million Tractor Supply raised during spring and fall campaigns, Tractor Supply has now donated nearly $6.5 million to 4-H programs across the country in just over four years.