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  • J.C. Penney falls to 13-year low

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  • IHL: North America self-service kiosk transactions near $1 trillion

    Franklin, Tenn. – The dollar value of transactions performed at self-service kiosks in North America surpassed $822 billion in 2012 and should reach more than $1 trillion by the end of 2014. Self-service kiosks are currently used in more than 100,000 checkout lanes at North American retailers.

  • Ascena’s Q4 income tops estimates; 180 to 190 stores on tap for 2014

    Suffern, N.Y. -- Ascena Retail Group’s adjusted fiscal fourth-quarter profit exceeded Wall Street estimates, driven by strong same-store sales at its Lane Bryant division.

    Looking ahead, the company, whose brands include Justice, Lane Bryant, Maurices, Dressbarn and Catherines, said it plans to open approximately 180 to 190 stores and close 115 to 125 stores.

    Ascena’s net income jumped to $29.8 million for the quarter that ended July 27, compared with net income of $1.6 million in its fourth quarter last year.

  • AutoZone Q4 profit up 14.7%

    Memphis -- AutoZone’s net income for the fourth quarter increased 14.7% to $371.2 million, below estimates. The chain also posted its 28th consecutive quarter of double digit growth in earnings per share.

    Revenue rose 12% to $3.1 billion, narrowly exceeding expectations. Domestic same-store sales disappointed with a 1% gain.
     

  • Target launches Target Ticket video service

    Minneapolis – Target Corp. is rolling out its Target Ticket digital video service nationwide. The service allows users to download and view digital video content on their personal digital devices and channels.

  • Mobile ad budgets jump 142%

    New York -- Brand marketer mobile budgets surged 142% between 2011 and 2013. The 2013 “Marketer Perspectives on Mobile Advertising” study from IAB and Ovum also shows that three-quarters (74%) of 300 surveyed brand marketing executives who currently use mobile advertising expect that their companies’ mobile advertising spend will increase in the next two years.

  • Walgreens wins loyalty marketing award

    Deerfield Park, Ill. – The Walgreen Company won a North American Innovation in Loyalty Marketing award at the recent Colloquy Loyalty Awards. The award recognized Walgreens’ achievements with its Balance Rewards program.

    Colloquy cited achievements such as obtaining 72 million members between its September 2012 launch and May 2013, as well as producing a year-over-year sales increase of 4.3% and year-over-year average basket size increase of 4.7% in May 2013.

     

  • B&N offers Membership Appreciation Days

    New York – Barnes & Noble, Inc. is offering Member Appreciation Days, a special savings event for new and current Barnes & Noble loyalty members. Starting Sept. 26 through Sept. 29, members will receive a 20% in-store discount on products in Barnes & Noble stores nationwide including books, gifts, toys, games, movies, and café items.

    Members already receive a 10% discount on most purchases, as well as 40% of hardcover books and online savings.

  • Tilly’s improves site search conversion with Oracle Endeca

    Irvine, Calif. – Tilly’s, Inc. has partnered with Thanx Media to host and manage its Oracle Endeca implementation. Tilly’s worked closely with Thanx to select and implement the best solution to meet its goals of improved search engine optimization (SEO), site search, and product merchandising within site search results.

  • Report: Rite Aid pays $12.3M in environmental suit

    East Pennsboro Township, Pa. – Rite Aid has reportedly been ordered to pay $12.3 million in a civil lawsuit accusing the retailer of illegally dumping hazardous waste from more than 600 stores in California. According to the Los Angeles Times, San Joaquin County Superior Court Judge Linda L. Lofthus handed down the ruling in a suit brought against Rite Aid by the district attorneys of San Joaquin, Los Angeles and Riverside counties.

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