News

Coming Attractions: Six new stores in the works
New concepts are the lifeblood of retailing. Here are six new stores — three homegrown formats and three imports — that are currently in the works:
H&M shows its conscious in New York
H&M gave new meaning to the phrase “pop-up store” with a merchandising initiative at its Times Square location focused on conscious commerce.

The retailer, which operates 3,100 stores worldwide, chose the New York flagship location as the launch point for its H&M Conscious Exclusive Collection and the opening of its Conscious Pop-Up Store. On hand for the opening were actress Olivia Wilde and Barbara Burchfield of Conscious Commerce.

Babies are ‘biggest winner’ from Kmart effort

Kmart is taking its long-running affiliation with March of Dimes to a new level this year with the help of America’s fiercest fitness expert.
Lids simplifies POS administration with Oracle Retail

Indianapolis – Lids Sports Group is upgrading to a new Oracle Retail POS solution that will simplify administration and the user experience for the more than 50 different POS screen and receipt configurations for the retailer’s partner brands. These include major college and pro teams, as well as the nearly 200 Locker Room-branded stores in Macy’s locations.
A different kind of data breach at JCPenney

Who hasn’t prematurely hit the send button on an email? However, when it happened to a JCPenney executive who disclosed first quarter same store sales to an analyst, it begs the larger question of why the pair were even having a conversation about sales with two weeks left in the quarter.
Survey: Consumer optimism rises as gas prices fall

Alexandria, Va. - A majority of Americans say they are optimistic about the economy and low gas prices are driving the optimism. Overall, survey results released by the National Association of Convenience Stores (NACS) shows that 52% of Americans are optimistic about the economy, an eight-point jump from March.
Staples highlights ink accomplishment

With Earth Day upon the retail industry all sorts of operators are touting accomplishments, including Staples where an impressive milestone demonstrates how a company can do well by doing good.

The company said it has collected more than 450 million ink and toner cartridges for recycling in the U.S. since 2005, averaging more than 60 million cartridges per year for the past four years. Through the cartridge recycling program, Staples has helped recover and recycle 234 million pounds of plastics and metals, diverting roughly the weight of 8,000 full garbage trucks from landfills.
Survey: Retailers investing in omnichannel, but profits elusive

Scottsdale, Ariz. - Retailers and consumer goods manufacturers are spending to improve their omnichannel sales capabilities. While this may not be surprising given the current business environment, a new report prepared for JDA Software Group Inc. by PwC, “The Omnichannel Fulfillment Imperative,” reveals that only 16% of companies say, the present time, they can fulfill omnichannel demand profitably.
Dick's CEO outlines omnichannel vision

Dick’s Sporting Goods plans to spend $850 million over the next three years to add as many as 150 stores while growing total sales to as much as $9 billion with e-commerce contributing more than $1 billion.
Finish Line subsidiary launches omnichannel training platform

Denver - The Running Specialty Group, a division of The Finish Line Inc., is entering a strategic agreement with Pear Sports, a mobile fitness and training content platform, for the launch of the RSG training channel, an interactive training platform and tracking tool which will integrate with the retailer’s store based training programs nationwide.