News

Fresh Market seeks fresh CEO
The Fresh Market is heading into the new year with fresh leadership changes at the top.

The specielty grocery retailer announced that Craig Carlk, president and CEO, and a member of the board of directors, has left the company and has resigned as a member of the board.

The board has appointed Sean Crane, EVP and COO, as interim CEO while the company evaluates candidates to replace Carlock.
Survey: Half of U.S. consumers are unfamiliar with mobile payment
New York -- As the use in-store mobile payment becomes more pervasive, consumers require increased education on the performance and ease of use of mobile pay services, a recent survey by Verifone of U.S. consumer attitudes suggested.

GameStop going Azure with omnichannel strategy

Retailers loking to take retail innovation to the next level may want to look at GameStop and its new omnichannel partnership with Microsoft.

The video game retailer announced Monday at NRF’s Big Show that it will use Microsoft's Azure cloud-powered network "enhance the in-store engagement of its customers in interactive, informative, and entertaining ways."

GameStop will be one of the first retailers to use Azure to stream video game and promotional content direct to customer and store associate mobile devices.
Hardee’s and Microsoft pilot customer self-order kiosks running on Windows

New York -- At the National Retail Federation’s Annual Convention & EXPO on Monday, Microsoft Corp. and CKE Restaurants Inc. (parent company of Hardee’s and Carl’s Jr.) showcased a self-order kiosk solution running on Windows 8 devices that enables Hardee’s customers to customize and place their own orders.
NRF live: Outline of 2015’s retail priorities

NRF president Matthew Shay told attendees of retail’s Big Show in New York City this week that the industry is well-positioned for 2015 – with a little help from friends in Washington, D.C.
Tiffany’s holiday sales disappoint; cuts full-year outlook

New York -- Tiffany's holiday sales dipped 1% and the luxury jewelry retailer cut its full-year profit outlook. CEO Michael Kowalski said that sales in the Americas fell slightly during November and December, while sales in Japan remained soft. Sales in the Asia-Pacific region and in Europe climbed.
Fresh start for Burlington in 2015

After posting stronger than expected holiday sales, Burlington Stores Inc. has named a new chief financial officer.

Marc Katz, formerly the company’s EVP of merchandise support and information technology, is replacing Todd Weyhrich, who retired this month.
Lew Frankfort joins Sycamore Partners as executive in residence

New York -- Former Coach Inc. chief Lew Frankfort has joined Sycamore Partners as an Executive in Residence, which will allow the private equity firm to tap into Frankfort’s retail knowledge, managerial expertise and network of industry relationships. Sycamore’s portfolio of retail investments includes Aeropostale, Coldwater Creek, Hot Topic, Jones New York, Nine West Holdings, Stuart Weitzman and Talbots.
Vestis Retail Group selects Epicor solution to support expansion

New York -- Vestis Retail Group, which operates Bob’s Stores, Eastern Mountain Sports and Sport Chalet, has selected Epicor Software Corp.’s SaaS solutions to power its expanding retail sporting goods apparel and equipment business.
Obama: With tech advances come privacy risks for U.S.

Washington, D.C. -- President Barack Obama on Monday proposed strengthening laws against identity theft, described as a growing problem that costs billions of dollars. Part of Obama’s proffered solution is requiring notification when consumer information is hacked.