Feb. 11, 2014 - According to a recent survey, Valentine's Day now extends way beyond that one special person. In fact, 44% of people surveyed by Rich Products, a leading provider to foodservice, in-store bakery and retail marketplaces, revealed that most people do in fact have multiple "loves" in their lives.
Read more: Purchasing Valentine's Gifts for "Multiple Loves"?
Feb. 10, 2014 - Sears has combined mobile shopping with local store convenience to introduce In-Vehicle Pickup. The new service, powered by the Shop Your Way mobile app, enables customers to pick up their online purchases at any Sears store within five minutes of arrival, without ever leaving the car.
"The In-Vehicle Pickup option takes our 'Free Store Pickup - Ready in 5' guarantee even further and out to the parking lot," said Leena Munjal, senior vice president, Member Experience and Integrated Retail, Sears Holdings. "In-Vehicle Pickup on this scale is an industry first and another example of how we are constantly innovating and adding benefits that make shopping a more convenient experience for our members."
Read more: Sears Introduces In-Vehicle Pickup, Powered by Shop Your Way Mobile App
Feb. 7, 2014 - Coming off a less than spectacular holiday shopping season, the retail industry is once again feeling the squeeze. According to USA Today, of the 29 retailers that recently reported earnings guidance for the current quarter, 25 of them were negative. Adding to the uncertainty is a recent report from Standard & Poor, which predicted that rising healthcare costs and low retirement savings will hurt discretionary spending in the coming year.
The worst news, though, comes from Deloitte, which reported that the number of retailers going bankrupt has increased over the past three years – rising 6 percent last year and up 18 percent since 2010.
For retailers, trimming costs is more important than ever. And when it comes to improving margins and profitability, procurement is always a good place to start.
In the last decade, full-service e-sourcing has emerged as an essential tool for maximizing the value of a retailer’s supply chain. Read the full story on the Retail Merchandiser blog.
Feb. 6, 2014 - Celebrating excellence and creativity in new product innovation, the Housewares Design Awards announced the winners of its 2014 competition, including three "Best of the Best" Awards, the "Green House" Design Award, and 12 "Best in Category" Awards. For over a decade, the Housewares Design Awards has been the industry's preeminent design award competition, honoring products that elevate everyday life through superior aesthetics and functionality.
Read more: 2014 Housewares Design Awards Winners Announced
Feb. 5, 2014 - CVS Caremark announced today that it will stop selling cigarettes and other tobacco products at its more than 7,600 CVS/pharmacy stores across the U.S. by October 1, 2014, making CVS/pharmacy the first national pharmacy chain to take this step in support of the health and well-being of its patients and customers.
Read more: CVS Caremark to Stop Selling Tobacco Products at all CVS/pharmacy Locations
Feb. 4, 2014 - Umbro has announced it will be the official technical kit supplier and sportswear partner for Everton Football Club of the Barclays Premier League from next season. Everton will again wear the double diamond of Umbro from the 2014/15 season as part of a new five year partnership. Umbro will produce all on-pitch and training product for the men's, women's and academy teams, as well as training apparel and sportswear for both the first team squad and fans.
Read more: Umbro Announces Kit Deal With Everton
Feb. 3, 2014 - Remember those bulky, flickering tube lights that adorned the ceiling of your elementary school? The distracting hum? The intense glow bearing down? Alas, these eerie fixtures didn't exactly create the ambience for long division mastery!
The truth is, proper lighting is crucial for workplace efficiency. Ineffective lighting can lead to poor morale, eye stress and fatigue. Finding the right balance, however, can be tricky – there are many subtle factors to take into account. Fortunately, a little know-how can go a long way.
When addressing the lighting in your place of business, always keep your task in mind – what works for some might not work for all. That being said, consider these useful tips for jumpstarting energy levels and encouraging productivity in the workplace. Read the full story HERE on the Retail Merchandiser blog.
Jan. 31, 2014 - Recent data breaches are front-and-center in the public consciousness, with retailers and banks scrambling to provide answers and customers worried about the safety and security of their accounts and identities.
However, while high profile breaches serve to raise consumer awareness, as well as retailer responsiveness, some consumers are using both reactions to perpetrate more fraud. With such widespread publicity, it is likely that thousands of fraudsters with no connection to the original data breach may take notice and exploit retailer’s willingness to remediate the situation.
This type of fraud – known as “first party fraud” – happens when someone uses a verified identity to enter a transaction or account application with malicious intent. Read the full story HERE on the Retail Merchandiser blog.
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