Content about COMMERCE

June 13, 2013
Time to cash in for the retail industry

The retail industry is one sector where cash remains king and will continue to be ubiquitous for years to come. Yet despite this, the domain of cash management still remains a major challenge for retailers with cash being expensive to process and secure.

February 25, 2013
Visa helps merchants go mobile

Visa announced that it has signed an agreement with leading mobile commerce provider ROAM, an Ingenico company, to enable merchants of all sizes to accept electronic payments using mobile technology.

February 19, 2013
Checkpoint Systems introduces safer anti-theft label

THOROFARE, N.J. — Checkpoint Systems, a global supplier of shrink management solutions, has introduced a new enhanced performance (EP) anti-theft EAS (Electronic Article Surveillance) food label for supermarkets that is certified to be microwave safe.

The 4010 EP Food Label was designed specifically to protect fresh and frozen supermarket food. It has been certified as microwave safe and non-flammable by TUV Rheinland, an international service group that provides manufacturers with assessment and certification services to ensure product safety.

February 6, 2013
99 Cents Only Stores posts Q3 sales growth

99 Cents Only Stores reported that net sales for the third quarter increased $35.6 million, or 8.8%, to $439.5 million for the third quarter of fiscal 2013 compared to $403.9 million for the third quarter of fiscal 2012. Same-store sales, calculated on a comparable 13-week period, increased 4.3%.

January 30, 2013
Canadian retailers go penniless

Most retailers in Canada are ready for a phase-out of one-cent coins, a national retailing trade group said Wednesday.

January 23, 2013
More store closings for Blockbuster

The growing popularity of Netflix, Hulu and other on-demand video rental services continues to take a toll on traditional brick-and-mortar video rental stores.

November 13, 2012
Survey: Most consumers think best deals offered on Thanksgiving weekend

Survey results released Tuesday by PriceGrabber found that 71% of consumers believe that retailers offer better deals during Thanksgiving weekend than they do during the rest of the winter holiday shopping season, up from 58% in 2011.

November 1, 2012
Tyco Retail Solutions offers better theft protection

Tyco Retail Solutions, a provider of retail performance and security solutions sold direct and through authorized business partners worldwide, has expanded its portfolio of Sensormatic acousto-magnetic Electronic Article Surveillance (EAS) hard tags and alarming wraps.

September 26, 2012
SoloHealth Stations to roll out in Sam's Club locations nationwide

Sam's Club has become the first warehouse club retailer to install SoloHealth's comprehensive health-and-wellness screening kiosks, SoloHealth announced Wednesday.

September 18, 2012
99 Cents Only amps up sustainable efforts in Southern California

99 Cents Only has leased 40 new compressed natural gas-powered tractors from Ryder.

August 28, 2012
IHL study: Self-checkouts on the rise

Self-checkout technology continues to rise in importance at retailers in North America, according to a new study by IHL Group.

August 20, 2012
Supervalu names new president of its DC/Baltimore Shoppers division

Supervalu on Monday announced Robert Bly will join the company as president of Shoppers, a 56-store division in the Baltimore/Washington, D.C., market.

August 17, 2012
Comps decline 4.7% at Kmart

Things are looking up for Sears Holdings. The company only lost $132 million during its second quarter.

August 17, 2012
Walmart, Target and others form mobile payments group

Merchant Customer Exchange is the name of a new mobile payments group in which Walmart and other leading retailers are involved.

July 26, 2012
Asda distribution deal major win for Polaroid brand

The Polaroid company may have went through its share of financial difficulties, but there is plenty of equity left in the brand name and Walmart’s Asda unit is looking to capitalize on it this month with a new line of consumer electronics.

July 19, 2012
eBay revenue up on strong Marketplaces performance

Revenue at eBay soared 23% to $3.4 billion during the company's second quarter, thanks to strong performances in its Marketplaces and PayPal businesses.

July 16, 2012
Barnes & Noble bolsters finance department

Barnes & Noble has announced the appointment of Thomas Donohue as VP treasurer; Kanuj Malhotra as VP corporate development; and the promotion of Andy Milevoj to VP investor relations, all reporting directly to Mike Huseby, CFO.

July 2, 2012
Report: Tesco could exit U.S. if Fresh & Easy doesn’t improve

U.K. retailing giant Tesco PLC could give up its American supermarket venture, Fresh & Easy Neighborhood Market, if the chain continues to disappoint and not make a profit, according to various news reports.

June 21, 2012
Largest Sears Canada Home store to open in Ottawa

Sears Canada has opened its largest Sears Home store at Pinecrest Shopping Center. The store will occupy 78,0000 sq.-ft. and feature an expanded selection of furniture as well as the largest major appliance and mattress shop of any Sears location.

June 4, 2012
Online shoppers want simple returns, fast delivery

A simple and convenient returns policy is an important factor in the decision to make a purchase online, a new study form comScore and UPS found.

April 19, 2012
Tesco to focus on profitability before U.S. expansion

LONDON — The break-even forecast for the U.S. division of Tesco has been pushed back to early next year, the U.K. retail giant announced in its fiscal-year results.

April 9, 2012
Safeway names new president

Safeway has named Robert Edwards president of the company. Edwards has served as Safeway's EVP and CFO since 2004.

April 5, 2012
Dick's gets in the U.K. sporting goods game

Dick's Sporting Goods is looking into opportunities beyond the United States and has agreed to make a 20 million pounds Sterling strategic investment in JJB Sports plc, a leading U.K. sports retailer.

April 3, 2012
TJX raises quarterly dividend

TJX's board of directors has raised the company's quarterly dividend by 21% from the last dividend paid.

March 29, 2012
Asda gaining grocery share in U.K.

Wal-Mart Stores is making strides across the Atlantic, as its Asda division is taking more of the grocery market share in the United Kingdom from rival Tesco.

According to a report from research firm Kantar Worldpanel, for the 12-week period ended March 18, Asda's share of the market grew to 17.9% on top of a year-over-year growth rate of 7.8%. By comparison, Tesco's growth rate of 2.7% lags behind the overall grocery market, which is growing at 4%.

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