News

New York -- The 2012 holiday shopping season didn’t provide the sales and traffic lift anticipated by retailers, according to Experian FootFall. The company said the season got off to a blazing start as consumers responded to some of the earliest Black Friday sales and promotions, effectively extending the Black Friday shopping experience to a four-day event. Following this annual start to the season that accounted for billions of dollars in retail sales, the 2012 calendar shift began to impact consumer behavior.

New York -- Posiflex is announcing two new retail and hospitality products in development -- an ultra-small-footprint Multi-Purpose PC Controller with WiFi and a Foldable Touch Screen Terminal Base, which reduces deployment costs and optimizes user viewing — at the National Retail Federation 2013 Big Show in New York.

By Ken Nische, [email protected]

There are many trends — practical, psychographic and attitudinal — that are incubating during the retail “reboot” that’s taking place in the U.S. economy. This reboot is affecting all types and sizes of retail, brick-and-mortar and online. The key is putting these trends to work for you.

Levi’s latest New York City location, in SoHo, has a rustic feel, enhanced by the use of wood and other materials. Designed by MBH Architects, the 12,683-sq. ft. store features tent-like dressing rooms and lighting fixtures made of rope. The "fit bar" is a table made of natural wood logs.

Minneapolis -- Best Buy Co. on Friday reported revenue of $12.8 billion for the nine weeks ended January 5, 2013, compared with $12.9 billion for the nine weeks ended December 31, 2011. Online revenue rose 10%.

Same-store sales were down 1.4%.  Domestic same-store sales were flat, but fell 6.4% internationally.

Tysons Corner, Va. -- MicroStrategy Inc. announced that West-coast based specialty retailer Tilly's has launched a state-of-the-art mobile commerce app powered by MicroStrategy's Alert Mobile Commerce Platform.

CHICAGO — "[The year] 2012 was definitely an important year for Walgreens," Greg Wasson, Walgreens president and CEO, told shareholders here, at the Navy Pier, Wednesday afternoon, at the chain's annual shareholder meeting. "We did make some tough choices to protect and solidify … our position for the long term," he said. "[But] our vision is crystal clear to become the first choice for health and daily living in America."

AURORA, Ill. – Peerless-AV, a leading supplier of brackets to mount flat-panel televisions and audio-visual accessories, has appointed Hal Truax as managing director of retail sales.

Truax, a 30-year veteran in the audiovisual industry, will be charged with expanding the company's on-the-shelf presence in the U.S., building on the success of retail placements in global markets.

PITTSBURGH, Pa. — Supply chain and reverse logistics provider Genco has appointed Herb Shear as executive chairman and Todd R. Peters as CEO.

Genco is a leading third-party logistics provider for manufacturers, retailers and U.S. government. It operates 130 value-added warehouse locations totaling 38 million sq. ft. and manages $1.5 billion in freight annually throughout North America.

CHICAGO — Jay Dettling was named president of Acquity Group, a global e-commerce an digital marketing company.

Dettling will lead North American Services and in addition to identifying strategic expansion targets, he will be charged with evolving Acquity Group's current service offerings in strategic, creative and technical practice areas to keep pace with technological advances and changing market conditions.