News

On The Border offers NCR Mobile Pay
Dallas – On The Border Mexican Grill & Cantina is partnering with NCR Corp. to offer mobile payment at all of its corporate restaurants. Using the NCR Mobile Pay solution, seamlessly integrated with the NCR Aloha POS solution, On The Border allows customers to pay their check using their mobile device.
Crumpler unpacks improved store management with Raymark
Melbourne, Australia – Vertical Australian luggage retailer Crumpler has selected Raymark's cloud-based store management software suite for deployment in its stores worldwide. The software initiative is aimed at supporting Crumpler's international growth, improving the omnichannel customer experience and modernizing IT operations.

Chilly weather nips Container Store profits

Winter storms and lower sales of its Elfa closet system led to decreased profit for the Container Store in the fourth quarter.
Rent-A-Center reports stable Q1 profit

Plano, Texas – Rent-A-Center Inc. reported stable profit during the first quarter of fiscal 2015. The retailer’s net income totaled $27.3 million, up 1% from $27.26 million in the same quarter a year earlier.

Consolidated total revenues climbed 6% to $877.64 million, from $828.47 million. Same-store sales rose 8%.
Sam's Club card lauded once again

Sam’s Club’s MasterCard 5-3-1 Cash Back program, which has created keen customer engagement and memorable customer experiences since it launched less than a year ago, has won more awards.

The program, featuring a co-branded MasterCard including chip-enabled technology issued by Synchrony Bank pursuant to a license by MasterCard International Incorporated, won a silver award in the Customer Experience & Engagement category; a bronze award in the Creative Campaign category and a silver in the 360 Degree Loyalty Award for Excellence in North America.
Container Store Q4 profit drops; will open nine new stores

Coppell, Texas – Higher selling, general and administrative (SG&A expenses) helped drive down net income at The Container Store Inc. during the fourth quarter of fiscal 2014, and the retailer expects open nine new stores and relocate one store during fiscal 2015. The Container Store reported net income of $13 million, down 29% from $18.3 million in the same quarter the prior year.

Net sales totaled $224.26 million, up 3% from $216.82 million. Same-store sales dropped 0.8%.
Report: Target’s Cornell paid $28 million in 2014

Minneapolis – Brian Cornell, CEO of Target Corp., reportedly received total compensation of $28.2 million in 2014. According to the Wall Street Journal, that figure includes $14 million in “make-whole” compensation he was paid for leaving his previous position as CEO of PepsiCo in August 2014.

Cornell also received a prorated salary of $595,000 from Target, among other compensation.
Toys“R”Us unveils omnichannel campaign for 'Star Wars'

Toys“R”Us and Toysrus.com are set to bring customers to a galaxy far, far away with a year-long omnichannel celebration in honor of the epic Star Wars saga.
Report: PayPal offers One Touch payment online

San Jose, Calif. – PayPal Inc. is reportedly now offering its One Touch single-touch electronic payment capability to online purchases. According to Reuters, PayPal is extending the reach of the previously mobile-only One Touch to help reduce the $4 trillion in merchandise that consumers annually abandon in online shopping carts.

Customers will be able to use One Touch to make purchases across all PayPal-enabled sites without re-entering login information.
Shoppers flocking to Supervalu's stores

Cost-conscious consumers are continuing to seek out bargains at Supervalu's stores, prompting the company's profit to soar 50% in the fourth quarter.