Skip to main content

News

  • Sycamore Partners to buy Belk for $3 billion

    Private equity firm Sycamore Partners is adding a department store to its growing portfolio, which includes such brands as Aeropostale, Jones New York and Nine West.

  • Target to pay $2.8 million in hiring discrimination charges

    New York -- Target Corp. has agreed to pay $2.8 million to resolve a hiring discrimination claim filed by the U.S. Equal Employment Opportunity Commission.
     
    The EEOC said three "employment assessments," which Target no longer uses, disproportionately screened out applicants based on race and gender, according to the Associated Press, and therefore violated Title VII of the Civil Rights Act of 1964.

  • Have a Merry Networked Holiday

    Along with increased sales and profits, the holidays also bring retailers increased strain on their networks. Fortunately, there are a number of steps retailers can take to keep their networks secure, scaled and operational throughout the busy holiday season. Jay Yanko, retail global practice leader for Verizon Enterprise Solutions Group, has advice to keep the holidays networked and bright.

    When it comes to security, Yanko said the same rules that apply the rest of the year apply during the holidays.

    “The majority of holiday security issues are basic,” said Yanko.

  • IHL details $600 million annual retail loss

    Franklin, Tenn. – Out-of-stock merchandise is causing a significant drain on annual retailer revenue performance.

    According to a new research report from retail analyst firm IHL Group, commissioned by OrderDynamics. Retailers and the Ghost Economy: The Haunting of Out-of-Stocks, retailers lose $634.1 billion in annual losses due to out-of-stocks.

  • Target revamps shopping experience for buyers

    Target Corp. is doing a little shopping of its own with a new sourcing solution that gives its buyers an online shopping-like experience.

  • Multiple Touchpoints

    This year more than ever, holiday shoppers are coming to retailers across a variety of channels and touchpoints. Retailers need to provide a consistent and personalized experience for customers wherever they are.

  • Under Armour promotes training as lifestyle across consumer lives

    Baltimore - Under Armour is promoting the idea of training as a lifestyle across every touch-point of consumers’ lives.

    The vertical specialty fitness retailer’s Rule Yourself marketing campaign includes TV, Instagram, Facebook, YouTube, and a variety of lifestyle, digital and mobile outlets.

  • Dollar General digs deep in pockets for literacy

    Dollar General is trying to launch a literacy revolution in in its home state of Tennessee.

    The retailer presented a surprise check to students, teachers and administrators at H.B. Williams Elementary in White House, Tenn., for $50,000 to support literacy initiatives at the school.

    "Reading is critical to a child's success in school and in life. We hope this gift will help infuse a renewed excitement about reading and strengthen the literacy programs available to the students," said Denine Torr, senior director of Community Initiatives at Dollar General.

X
This ad will auto-close in 10 seconds