News

Bloomingdales teams up with NBA
After a successful collaboration with the NFL last year, Bloomingdale's is turning its eye to the basketball court by teaming up with the NBA for the 2015 All-Star Game.

Bloomingdale's will set up 16 basketball-inspired pop-up shops at its stores across the country and on bloomingdales.com/nba. The store will offer fans retro-era jerseys, vintage graphic T-shirts, accessories from brands like Mitchell & Ness, Sportique, #BEENTRILL#, and Stance, and a special bomber jackets designed by Mark McNairy.
Shopatron, Mozu, Brand Labs partner on e-commerce
San Luis Obispo, Calif. - Shopatron is partnering with Mozu and Brand Labs in an effort to give retailers increased website scalability through SaaS technology, quick site ramp-up and deployment, and a lower cost of ownership. The partnership is designed to allow retailers to launch a responsive e-commerce channel built for enterprise growth, increase their speed to market with higher conversion rates, and fulfill customer orders new options for delivery.

Will shoppers ‘Gear Up’ at Office Depot?

Helping small business owners and consumers achieve peak performance is the premise behind a new branding initiative at Office Depot called, “Gear Up For Great.”
Francesca’s ups Q4 guidance based on holiday sales

Houston – Francesca’s Holding Corp. is still feeling the warmth of the holidays. The retailer is increasing its guidance for fourth quarter sales to between $103 million and $105 million, including a low-single-digit decrease in same-store sales.
Deb Shops going out of business

Teens will soon have fewer choices when it comes to shopping for the latest fashions.

Deb Shops announced it has won court approval to launch going-out-of-business sales that will culminate with the closing of nearly 300 stores.

“We thank our many customers and dedicated employees for their tremendous loyalty over the years and are very proud of our associates’ commitment to maintaining the high level of customer service we are known for throughout this transition,” said Dawn Robertson, CEO at Deb Shops.
Bed Bath & Beyond beats Street even as Q3 profit drops

Union, N.J. – Bed Bath & Beyond Inc. beat Wall Street expectations for its third quarter net earnings even as they declined from the same quarter in fiscal 2013. Net earnings equaled $225.4 million, a 5% decline from $237.2 million.

An increase in selling, general and administrative (SG&A) expenses was a major factor in the net earnings drop. Net sales rose 3% to $2.94 million, from $2.86 million. Same-store sales rose 1.7%.
Retailers’ Shift to Commerce Anywhere Enabled by Updated and Expanded Oracle Retail Portfolio

To simplify retailers’ IT environments while helping them deliver the commerce anywhere experience consumers expect, Oracle unveiled enhancements to its retail portfolio with the launch of Oracle Retail Release14.1. This release builds on Oracle’s strategy for the combination of Oracle and MICROS, as well as its retail offerings in the cloud.
Bloomingdale’s to open NBA in-store pop-ups

New York -- Bloomingdale’s is celebrating the National Basketball Association’s (NBA) 64th NBA All-Star Game in a big way with 16 basketball-inspired in-store pop-up shops filled with NBA team and All-Star merchandise.
Bed Bath & Beyond makes its digital future

Growth decelerated at Bed Bath & Beyond during the third quarter but the $1.3 billion the company spent buying back stock enabled it to achieve analysts’ earnings estimates.
Epicor releasing new retail solutions

Austin, Texas - Following its recent acquisitions of retail vendors QuantiSense and ShopVisible, Epicor Software Corp. is releasing several new retail solutions. They include QuantiSense Retail Analytics, which provides a complete analytics package that delivers actionable insights to every area of the business and all key decision makers.