News

Designer Cynthia Rowley and Staples today announced an exclusive work and home office collection that incorporates bold and artistic designs into everyday work and home spaces.   Cynthia Rowley Collection featuring visionary designs combined with new product finishes and treatments not typically seen in office accessories will debut at Staples stores nationwide beginning mid-Novermber.  

Fashion footwear brand Steve Madden cited a curious lack of significant fashion trends when it lowered its full year financial outlook after reporting a third quarter sales decline.

The company, which is known to be a trend-setting in the footwear world, said sales for the period ended Sept. 30 declined 0.7% to $392 million and indicated full year sales were likely to increase 1% to 2%.

Leading retail display manufacturer Menasha and in-store beacon technology provider Shelfbucks have joined forces to create “Smart Displays” that put powerful new shopper marketing capabilities in the hands of retailers and brands.

RadioShack’s same-day mobile repair service, branded as Fix it Here!, has been extended to more locations in the Chicago market.

The service is billed as a first-of-its-kind from a national retailer and offers owners of broken mobile devices such as tablets and smartphones the ability to have them repaired the same day, typically in less than two hours, for prices starting at $39.99.

Indianapolis -- The Finish Line Inc. is launching a digital initiative focused on female customers in step with the Nike Women’s Half Marathon San Francisco on Oct. 19. The retailer’s #FNLRunsSF campaign follows the training journeys of eight female fitness gurus, selected from across the country.   

Cupertino, Calif. -- Apple announced that its mobile payments solution, Apple Pay, will be launched in the United States on Monday, October 20. CEO Tim Cook made the announcement Thursday at a media event at which he unveiled several new products, including updated versions of the iPad.   

New York -- At least 47% of U.S. merchant terminals will be enabled for EMV chip technology by the end of 2015, according to the Payments Security Task Force (PST). The estimates are based on forecasts provided by acquirers representing approximately 80% of U.S. purchase volume.  

Washington -- As part of an executive order unveiled on Friday, President Obama set a new policy that requires newly issued and existing government credit and debit cards to be enabled with chip and personal identification number (PIN) technology.  

Washington, D.C. -- September retail sales, excluding automobiles, gasoline stations and restaurants, decreased 0.1% seasonally adjusted month-to-month yet increased 4.6% unadjusted year-over-year. According to the National Retail Federation (NRF), seasonal factors played a role, but the drop-off from August was worse than expected.  

Philadelphia –- Urban Outfitters Inc. is warning that continued negative same-store sales in the third quarter of fiscal 2014 may have an impact on quarterly earnings. The specialty apparel chain said declining same-store sales could deleverage gross profit margin for the third quarter at a rate greater than during the first half of the year, leading to dampened profits.