News

Sam’s Club worked with SquareTrade, a leading protection plan provider, to launch a new program that expands members’ technology and electronics services and support, and helps reduce the cost of owning the latest technology.

From smartphones and tablets to cameras and televisions, Sam’s Club membership now includes exclusive warranty services available in clubs and at SamsClub.com that aim to simplify the technology purchasing, protection and upgrade experience.

Retailers on the lookout for new products will find an innovative item from Welch’s gives shoppers a whole new way to PB&J and extends the Welch’s brand deeper into the snack category.

Bauer Performance Sports, a leading designer and manufacturer of high performance sports equipment and apparel, has completed the acquisition of the Easton Baseball/Softball business from Easton-Bell Sports.

Under the terms of the asset purchase agreement, BPS acquired Easton Baseball/Softball for a total all-cash consideration valued at $330 million, plus a working capital adjustment and fees. BPS expects the acquisition to be accretive to adjusted earnings per share in the first year of ownership.

DSW and Town Shoes Limited have entered into a definitive agreement whereby DSW will purchase for cash approximately 44% interest in Town Shoes, the largest footwear and accessories retailer in Canada, for CAD $68 million — or approximately $62 million based on current exchange rates.

The transaction has been approved by each company's board of directors and is expected to close in May, subject to customary closing conditions.

Gap’s Banana Republic brand has named Marissa Webb as creative director and EVP of design, effective April 28. She will report to global president of Banana Republic, Jack Calhoun.

Webb will be responsible for guiding the brand’s overall creative direction, as well as leading global product design for Banana Republic Women’s, Men’s and Accessories.  

Washington, D.C. - The National Retail Federation is urging maritime management and the union representing dockworkers along the U.S. West Coast ports to expedite pending contract negotiations and reach agreement on a new deal well in advance of the expiration of the current contract this summer. NRF believes expedited negotiations would strengthen the supply chain and provide shippers and retailers the certainty they need to utilize the West Coast ports during the holiday shipping period, which begins in July.

Washington, D.C. – Spurred by warmer spring weather, U.S. retail sales, which exclude automobiles, gas stations and restaurants, increased 0.8% adjusted month-to-month in March and 1.6% unadjusted year-over-year, according to estimates from the National Retail Federation (NRF).

Basel, Switzerland – Switzerland’ largest food retailer, Coop, has rolled out Reflexis Task Manager to its stores. Coop uses the application to: communicate efficiently and effectively between corporate, field, and stores; improve planning; and benefit from feedback, sharing of best practices, and real-time visibility into task execution.

St. Petersburg, Fla. -- HSN has recognized the ExactTarget Marketing Cloud from Salesforce.com as its “Strategic Digital Alliance” partner for the year for transforming the company’s digital marketing program. HSN awards its Strategic Digital Alliance award to one company annually that delivers innovative business ideas and strategies with the HSN digital team.

A few months ago, Amazon.com made a disruptive splash in the world of home delivery with the announcement of its drone project. The new Amazon Dash mobile ordering device for AmazonFresh customers may not be as attention-grabbing as unmanned aircraft bringing goods to your door, but its potential to disrupt how consumers select and purchase items is much greater.