July 2012

Resetting Retail Same-Store Sales Expectations, Winners and Losers

July 31, 2012 // 0 Comments

Retail sales might not exactly be setting any blistering pace of growth, but Retail Metrics has a report out that shows a traffic boost at the end of July should offer a boost to retail same-store sales. The overall number ticked down 9 basis points to 1.4% growth, but this is a 110 basis point sequential improvement from a very weak performance in June. [...]

Ann Taylor to Open New Concept Store

July 31, 2012 // 0 Comments

The store will be modeled after a contemporary home, with white-washed maple floors, crystal chandeliers and tufted furniture. It also will feature a styling area with plush carpet, backlit mirrors, floral wall details and ottomans, complemented by an adjacent private lounge. [...]

J.C. Penney Opening ‘Hip’ In-Store Shops

July 30, 2012 // 0 Comments

The struggling retailer will open the shops inside 683 JCPenney stores across the country. Features include denim bars, where shoppers can talk to iPad-toting "fit specialists" and choose from 11 different cuts and 88 different finishes or washes. [...]

Convenience Chain Rolling out Bill-Pay Kiosks

July 25, 2012 // 0 Comments

Under the agreement, MAPCO customers can pay bills using cash at participating stores with the option for same-day payment processing. Customers can make payments in English or Spanish with real-time processing and 24/7 access to customer service, according to a company presss release. TIO has partnered with a number of local and national billers including NES, MLGW, AT&T, Boost, T-Mobile, Sprint, Verizon, Dish Networks and DirecTV, enabling MAPCO customers to pay multiple bills in one location. [...]

JC Penney to Eliminate Standard Checkout

July 19, 2012 // 0 Comments

JCPenney CEO Ron Johnson is on a mission to eliminate traditional checkout by the end of 2013. In its place, he's pushing mobile and self-checkout, telling the audience at Fortune's Brainstorm Tech conference in Aspen, Colo., yesterday that the stores will be 100-percent RFID (radio frequency identification) and Wi-Fi enabled, according to businessinsider.com. [...]

J.C. Penney to Implement Complete Suite of Oracle Retail Applications

July 18, 2012 // 0 Comments

J. C. Penney Co. will implement a complete, open and integrated suite of Oracle Retail solutions designed to streamline operations and improve the cross-channel customer experience. The department store retailer will deploy applications in a host of critical areas, including merchandising, supply chain and store operation, to support its transformation initiatives. [...]

Target, Neiman Marcus join for Holiday Collection

July 11, 2012 // 0 Comments

More than 50 products from 24 designers, including Oscar de la Renta and Diane von Furstenberg, as well as younger designers such as Derek Lam, will be available at both stores and on their websites starting Dec. 1 until they sell out. Items in the collection will cost from $7.99 to $499.99, but most will sell for less than $60. [...]
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