News

Walmart, Starbucks join global initiative for renewable energy
Nine large U.S. companies on Wednesday committed themselves to achieving a major sustainability goal — and three of them are retailers.

Walmart, Starbucks and Nike are among the firms joining RE100, a global initiative led by The Climate Group to engage, support and showcase influential businesses committed to 100% renewable electricity. Other firms joining the campaign include Goldman Sachs, Johnson & Johnson, Procter & Gamble, Salesforce, Steelcase, Voya Financial.
Target focused on process improvement
All manner of store operational processes will soon be under review at Target following the appointment of a new executive whose role is to simplify, optimize and make the retailer more agile.

Sam’s Club supports Young Entrepreneurs Academy

Sam’s Club and the U.S. Chamber of Commerce Foundation are investing in an innovative program to help spawn the next generation of entrepreneurs.
Express offers loyalty on the go

Express is making payment and participation in its loyalty program easier to accomplish from a mobile device. The specialty apparel retailer is launching a new mobile app that includes full integration with its Express Next loyalty program and cardless payment functionality.
The Limited predicts promotions

Retailers always take a gamble when targeting promotions, and The Limited is doing its best to improve the odds. The specialty apparel retailer is using the First Insight InsightTargeting predictive analytics solution to determine which products and prices will appeal most among specific customer segments.

InsightTargeting combines data from First Insight's real-time consumer engagements with behavioral data from CRM and social media platforms.
Foot Locker shoots for Twitter visibility
Discount chain comes out of the basement - online

There may not be a return of the annual “Running of the Brides” sales event, but a legendary discount retailer is back in business. Filene’s Basement has launched an e-commerce site that combines its traditional bargains with new omnichannel features.
Foot Locker takes social media shot

Foot Locker’s newest promotion with NBA superstar James Harden serves as reminder to retail marketers that imagination is their only constraint when it comes to leveraging social media to connect with consumers.
Pier 1 inventory troubles detract from e-commerce success

E-commerce sales surged at Pier 1 Imports during the second quarter, but the retailers overall sales grew less than expected and the company lowered its full year outlook.

Total sales increased 2.7% to $430 million and same-store sales increased 2.5%. Excluding the effects of the stronger U.S. dollar, total sales increased 4% and same-store sales increased 3.8%.
Burger King Germany orders back end stability

Burger King Germany deals with orders more complex than customers requesting Whoppers “their way.”

Operating 700 franchised stores, the Munich-based Burger King subsidiary must process 1,800 daily orders from a diverse set of franchisees. Thus the retailer needed a stable, centralized back-end logistics platform.