Abuse of liberal return policies and enterprising thieves will cost the retail industry $8.9 billion this year, including $2.9 billion during the holidays alone.
Home Depot has added Samsung to its portfolio of leading appliance brands, which already includes Whirlpool, LG, GE, GE Profile, Maytag, Frigidaire, Electrolux and Adora.
The addition of 27 new stores wasn’t enough to prevent Big Lots from reporting a 1.9% sales decline during the quarter ended October 27.
AutoZone said it acquired online automotive retailer AutoAnything.com in conjunction with the release of first quarter earnings Tuesday morning.
Black Friday and Cyber Monday does not always mean lower prices, according to a study by ECRM Analytics that examines Black Friday and Cyber Monday promotions.
Lowe’s will be adding the LG electronics brand to an already powerful portfolio of appliance brands that includes Frigidaire, Whirlpool, Samsung, KitchenAid, Maytag, Electroluc, GE and Bosch.
Through the first 30 days of the holiday season online sales have surpassed $20 billion with several days last week above the $1 billion mark.
Nordstrom is relocating its full-line store located at South Bay Galleria three miles south to a two-level, 138,000-sq.-ft. location at the Del Amo Fashion Center that will open in 2015.
Employees at the Grand Rapids-based retailer Meijer raised $3 million for the 2012 United Way Workforce Campaign for the second year in a row.