News

NRF raises $1.2M for retail's next generation
Hundreds of retail industry power players and leaders helped the National Retail Federation raise $1.2 million for student scholarships at a gala in New York City.
Sears a surprise winner in social media
It may be hard to believe (considering its financial troubles), but Sears was the most popular U.S. department store on Facebook during the 2014 holiday shopping season, according to a new study.

The data also show that Walmart.com was the most popular mass merchant store site.

EBay Enterprise selects IBM cloud to boost Magento platform

King of Prussia, Pa. – EBay Enterprise, an EBay Inc. company, has selected IBM as a hybrid cloud platform to enhance its Magento Hosting Partner ecosystem.

This agreement is designed to expand global infrastructure options for Magento's more than 240,000 retail users by giving them access to the IBM SoftLayer infrastructure.
Retail Disruption: Selfridges to go gender-free in March and April

New York -- In a new type of retail disruption, London’s must buzzed-about department store, Selfridges, plans to remove the men’s and women’s departments on the three floors of its Oxford Street flagship from mid- March to the end of April, replacing them with unisex or gender-neutral shops.
An i-popping Q1 for Apple

After seeing Apple’s first quarter sales, it’s no wonder more retailers are adopting a mobile-first mindset.

The Cupertino, Calif.-based company reported a far better-than-expected 29.5% jump in quarterly revenue, driven by record sales of the new iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China.
Kohl's invests in kids and a 5K

Kohl’s rolled out two omnichannel campaigns in January underscoring the company’s stated focus on giving back to the community.

The company says it will award $400,000 in scholarships and prizes to more than 2,500 students who have made a positive impact on their communities. Nominations for kids ages 6 to 18 will be accepted until March 13 at kohlskids.com and in stores.
4 reasons why Bitcoin is better

While the monetary value of Bitcoin has had its ups and downs (and will likely continue to in the near future), the technological value and the transactional advantages of using the digital currency remain reliable and increasingly promising.
More 'green' accolades for Kroger

The Kroger Co. is getting more accolades from the U.S. Environmental Protection Agency, this time for its efforts to reduce food waste.
Macy's sees 'Red' in February

Macy’s hopes to ignite passion for the National Heart Association with its Go Red For Women promotions.

The retailer, a founding national sponsor of American Heart Association’s Go Red For Women campaign, will offer merchandise and in-store events this February, all fashioned to bring awareness and funds to the cause of women’s heart health.
New day dawning at Tuesday Morning

New day dawning at Tuesday Morning Tuesday Morning CEO Michael Rouleau declared the company’s turnaround complete after same store sales popped 7.6% and operating profits surged 32% during the second quarter ended Dec. 31.

The operator of 800 stores reported that the same store sales increase was as a result of a 7.7% increase in customer transactions, offset by a 0.1% decrease in average ticket. Sales at the 31 stores relocated during the past 12 months increased approximately 50% and contributed 140 basis points to the comparable store sales increase of 7.6%.