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Research report: Most retailers plan to use mobile gift cards
San Diego -- Research released Thursday by Transaction Wireless and Aberdeen Group, which examined the benefits of mobile and digital gifting and emerging trends in mobile and social frontiers, found a shift toward digital gifting.

In fact, online gift cards have risen to prominence in the past few years and are now used by nearly a third (28%) of retailers. More than half – 61% – plan to use mobile gift cards, and 43% of customers prefer to use the mobile medium for gift cards.
Shopko steps up branding efforts with new marketing hire
GREEN BAY, Wis. — Shopko has hired a long-time retail marketing executive, with extensive experience in the beauty and apparel sectors, to help develop the Shopko brand as it moves forward with the conversion of its newly acquired Pamida stores to the Shopko Hometown format.

Target calls on fans to help raise money for needy schools

MINNEAPOLIS — Target is using the power of social media to help raise money for needy schools. The retailer has launched a campaign via its Facebook page that will enable fans to vote for schools they think deserve a share of Target's $5 million “Give With Target” initiative this fall. The two-part giving campaign provides $2.5 million in grants to in-need schools, as well as up to $2.5 million in Target GiftCards to local schools.
Cabela's delivers strong revenue growth in Q2

SIDNEY, Neb. — Revenues rose 11.6% to $627.3 million at Cabela's during its second quarter, consisting of a 16.9% increase in store revenue, a 0.7% decrease in direct revenue and a 12.8% increase in financial services revenue. Same-store sales rose 4.7%.

Net income for the quarterr increased to $33.9 million compared with $21.7 million and earnings per diluted share were 47 cents compared with 31 cents, each compared with the year ago quarter.
Cabela's beats Street with Q2 results; announces openings in Michigan and Alaska

Sidney, Neb. -- Outdoor-gear retailer Cabela's Inc. reported Thursday that net income for the second quarter increased to $33.9 million, from $21.7 million in the year-ago period.

Total revenue rose 11.6% to $627.3 million, boosted by a 17% rise in retail store revenue – to $384.7 million. Analysts forecasted total revenue of $606.3 million.

Same-store sales increased 4.7%.
Shoppers loading up at Whole Foods

The economic recovery may be on an uneven track, but consumers are still willing to spend money – at Whole Foods Market especially.
J.C. Penney to change pricing structure again

Plano, Texas -- J.C. Penney said Thursday it is once again tweaking its pricing structure, changing course just six months after introducing a three-tiered everyday pricing strategy.
UPS Store names new president

SAN DIEGO — UPS has named Tim Davis president of The UPS Store franchise network.
Apparel retailer's fate is Wet Seal(ed)

FOOTHILL RANCH, Calif. — Shortly after announcing the firing of its CEO, Wet Seal said it was looking into the possible sale of the company to the Clinton Group.

Wet Seal received a letter from the Clinton Group on July 23 and issued the following response:
Iconix sees 5% boost in 2Q revenues

NEW YORK — Iconix Brand Group reported that total revenue for the second quarter of 2012 was approximately $93.6 million, a 5% increase as compared with approximately $89.3 million in the second quarter of 2011.

Research report: Most retailers plan to use mobile gift cards

Shopko steps up branding efforts with new marketing hire

Target calls on fans to help raise money for needy schools

Cabela's delivers strong revenue growth in Q2

Cabela's beats Street with Q2 results; announces openings in Michigan and Alaska

Shoppers loading up at Whole Foods

J.C. Penney to change pricing structure again

UPS Store names new president

Apparel retailer's fate is Wet Seal(ed)

Iconix sees 5% boost in 2Q revenues

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