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OPERATIONS / SUPPLY CHAIN

  • Verve Wireless: Electronics No.1 category shopped for on smartphones

    New York City -- Consumers and their smartphones are becoming inseparable when it comes to shopping, according to a survey by Verve Wireless, a mobile advertising company, which found that over 60% of respondents use their smartphone for shopping one or more times each month.

    The top three product categories shopped for on smartphones are electronics (51%), entertainment (50%), books (45%), closely followed by clothing (38%) and automotive (21%), the survey revealed.

    In other findings:

  • Lowe’s to open new customer support center in New Mexico

    Mooresville, N.C. -- Lowe’s said Thursday it will open a new Customer Support Center in Albuquerque, N.M., in first quarter 2012.

    The center is estimated to create 250 jobs by March and a total of 600 jobs by the end of 2013.

  • Ten holiday consumer insights from Mintel

    Chicago -- With the holiday season in full swing, Mintel, a leading global supplier of consumer, product and media intelligence, has looked into its market intelligence to find out just what U.S. consumers do to make their holidays special.

    Here are 10 interesting insights:
     
    • Some 13% of U.S. consumers think a cell phone is a good gift for children aged 6-11, up from just 4% earlier this year.

  • National Lumber & Hardware to roll out Cardtronics ATMs

    Houston -- ATM owner Cardtronics said Thursday it has forged a long-term agreement in Puerto Rico with National Lumber & Hardware to install ATMs at 38 locations for the home improvement and interior design retailer.

    National Lumber & Hardware is a division of Pitusa, the island’s largest Puerto Rico-based retailer.

  • J.C. Penney acquires stake in Martha Stewart

    New York City -- J.C. Penney launched a strategic alliance with Martha Stewart Living Omnimedia to create a comprehensive retail experience featuring Martha Stewart products, know-how and advice.

  • CVS/pharmacy debuts mobile shopping platform for smartphones users

    Woonsocket, R.I. — Looking to stay on the cutting edge of mobile commerce, CVS/pharmacy has made the entire CVS.com catalog available to shoppers through its mobile site (m.cvs.com), so CVS/pharmacy customers easily can browse, order and buy products anywhere, anytime from their smartphones.

    In addition, the CVS Photo mobile site features fully-optimized print ordering and purchasing with easy checkout.

  • Report finds retail in holding pattern, identifies major trends

    New York City -- The retail sector continues to edge tentatively toward recovery, buoyed by a strong start to the holiday shopping season, but several obstacles stand in the way of sustained progress in 2012, according to Jones Lang LaSalle’s North America Year-end Retail Outlook.

  • Mintel: Five trends that will shape restaurant offerings in 2012

    New York City --  Mintel, a leading global supplier of consumer, product and media intelligence, has identified five trends that will shape how restaurant operators appeal to their customers in 2012.

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