News

Overstock.com is giving teachers more than apples
Overstock.com has come up with an exclusive back to school offer designed to appeal to teachers.

The retailer is offering free Club O loyalty program memberships to teachers of all grade levels. With every purchase on Overstock.com, Club O members receive free shipping and a minimum of 5% back in Club O Rewards Dollars to spend on the online shopping website.
IDC report: Connected consumers drive distributed order management
Framingham, Mass. - With an ever-growing population of individuals gaining access to smartphones and mobile devices, there's no avoiding the escalated demand to meet consumers where they are with the precise product they want. According to a new study from IDC Retail Insights, this need will in turn drive the capabilities built by distributed order management (DOM) solutions providers.

Marketing myths about millennials debunked

A recent study shatters several myths about the consumers who will spend nearly $290 billion in consumer-packaged goods by 2020: millennials.
Report: Executive departure may shake up Target omnichannel operation

Minneapolis – An unconfirmed executive departure at Target Corp. will have major ramifications on its digital and mobile retail operation if the report is accurate.

According to Re/Code, Alan Wizemann, VP of product for Target.com and mobile, is leaving the company for unspecified reasons.
Ahold joins initiative on farmworker pay

Ahold USA has become the first major grocery retailer to join an initiative requiring Florida tomato suppliers to increase farmworker pay and protect workers from forced labor and sexual assault.

The Coalition of Immokalee Workers announced Wednesday that Ahold USA is America's first major grocer to join the group's Fair Food Program. Ahold USA is the parent company of Stop & Shop, Giant Foods of Landover, Giant Foods of Carlisle, Martin's and online grocer Peapod.
Five marketing myths about millennials

New York -- A recent study shatters several myths about the largest generation of young people since the baby boomers: millennials.

“At 79 million strong, the millennial generation has a tremendous amount of spending power that is growing rapidly,” said Robert Tomei, IRI’s president of consumer and shopper marketing.

Tomei said he sees a lot of potential for marketing growth.
Victoria's Secret Angels float in Times Square

Victoria's Secret has a new cadre of Angels to celebrate the launch of two new lingerie collections.
Study: Retailers lag in information management

Boston – When it comes to managing records and information, retailers are surprisingly lax compared to members of many other industries.

According to a new study from enterprise information management provider Iron Mountain, just one in three retail businesses have a records and information manager.
Whole Foods aims for more than 1,200 U.S. stores

Whole Foods Market Inc. says it is taking the right steps to position itself for the long term and sees demand for more than 1,200 stores in the United States despite reporting a lackluster increase in same store sales for the third quarter.

The health foods grocery retailer posted a same store sales increase of just 1.3% for third quarter ended July 5. Analysts had expected a 3% increase. The company did report earnings of 43 cents per share on $3.63 billion in revenue. Total sales increased 8% to a record $3.6 billion.
TJX purchases retail chain in land Down Under

Framingham, Mass. – The TJX Cos. Inc. apparently has a taste for vegemite.

TJX is purchasing Trade Secret, an off-price retailer that operates 35 stores in Australia, from Gazal Corp. Ltd. for $58.45 million. The acquisition of Trade Secret provides TJX an opportunistic entry into Australia, where it currently operates one of its 13 buying offices.