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Costco Moves Past Visa Transition To Boost Net Sales And Income
Costco has increased net sales approximately 2% for both its Q4 and fiscal 2016, while comparable store sales have remained flat. Net income increased 2% for the quarter to $779…
News October 3Rue21 Appoints Interim CEO, Creates Chief Customer Officer Position
Specialty apparel retailer rue21 has appointed CFO Keith McDonough as its interim CEO, replacing 15-year veteran Bob Fisch, who has left the role. The retailer’s Board of Directors is presently…
News October 3Displaydata Appoints Deep Patel SVP Customer Services
Designer and supplier of fully graphic electronic shelf labels (ESLs) Displaydata has appointed Deep Patel as its new SVP Customer Services. “To support Displaydata’s rapid growth and to ensure we…
News October 3Shop Rock: How Music Streaming is Transforming the Experiential Retail Movement
By Andreas Liffgarden, Founder & Chairman, Soundtrack Your Brand In the immortal words of David Byrne, “with music, you often don’t have to translate it. It just affects you, and…
Executive Viewpoints October 3Bass Pro Shops Reels In Cabela’s For $5.5 Billion
In a move that will nearly double its store count, Bass Pro Shops has made an offer to purchase Cabela’s for $5.5 billion. The offer of $65.50 per share represents…
News October 339 Million U.S. Consumers May Be Shopping Globally
E-Commerce has the ability to bring the world’s products to your doorstep, and more than three quarters (77%) of U.S. consumers have either bought across borders or are ready to…
Features October 1Tractor Supply Company Acquires Petsense For $116 Million
Tractor Supply Company, a rural lifestyle retail chain, has acquired Petsense, a specialty retailer of pet supplies and services, for approximately $116 million in cash and debt. The Petsense management…
News September 30Why Customer-Centric Companies Are Outperforming Competitors
By Hannah Spruce, High Speed Training While austerity and recession continue to hit people hard, customers are choosing to spend their cash with brands they trust. The question is, how…
Executive Viewpoints September 30Marshall Retail Group Invests In Analytics To Streamline Operations
Marshall Retail Group (MGR) has selected solutions provider Aptos to streamline its retail operations. The company will leverage a variety of Aptos products including Merchandising, Audit and Operations Management, Analytics…
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