News

Irving, Texas -- NEC Corp. of American announced that OXXO, the largest convenience store chain in Latin America, has selected NEC’s new point of sale hardware platform, TWINPOS 4500 as its standard.

With more than 8,000 stores strategically located throughout Mexico and Colombia, OXXO offers convenient services and products, 24-hour service in most areas and a fast and comfortable shopping experience.

New Canaan, Conn. -- The retail industry will grow by 5.1% in 2011, the strongest growth in four years, according to Customer Growth Partners’ 2011 Forecast and Outlook. The New Canaan, Conn.-based consulting and research firm projects that the industry will create over half a million new jobs in 2010, the most of any employment sector, and that retail sales will reach a record level of almost $2.9 trillion.

WASHINGTON — The largest retail trade association on Wednesday said that President Obama's State of the Union address recognized the industry's role in job creation.

The National Retail Federation said that the president's "continued support of 'commonsense safeguards,'" which included support of such proposals as swipe fee limits, "will help retailers innovate and support the consumer spending that is crucial to job creation."

Mooresville, N.C.-based Lowe's will eliminate positions between assistant manager and manager, and hire part-time workers for the busy weekends.

The move will cut about 1,700 middle management jobs in the stores, but will lead to an additional 8,000 to 10,000 part time workers, according to Chris Ahearn, Lowe's VP of public relations. The shake up is expected to take effect Jan. 29.

CINCINNATI and NEW YORK -- Procter and Gamble and Macy's announced that they have partnered to promote P&G's Downy April Fresh fabric softener and Macy's sheets as the perfect combination for the ultimate bedroom experience. 

Dallas -- Davaco said Tuesday it is preparing to roll out high-volume retrofits of interior and exterior restaurant menu boards in response to the FDA’s new nutrition/menu labeling program.

The Patient Protection and Affordable Care Act of 2010 requires restaurants and similar retail food establishments with 20 or more locations to list calorie content information for standard menu items on restaurant menus and menu boards.

BENTONVILLE, Ark. -- Walmart announced that beginning Jan. 30 through Feb. 5, or while supplies last, customers can save up to $560 on a Samsung LED HDTV and Blu-ray disc player bundle. Customers can also enjoy up to $100 savings on additional select HDTVs and up to $40 savings on select home theater systems.

Other HDTV promotions include:

New York City -- BJ’s Wholesale Club has selected Premier Retail Networks to provide high-quality, 1080p video programming for BJ’s in-club television department.