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EU Data Breach Rules, Best Buy Subleases Stores, Google Antitrust Investigation
The European Union will soon require all companies doing business in Europe to notify customers "as soon as they become aware" of a data breach, according to StorefrontBacktalk.
Store Operations
Best Buy Co. Inc. is planning to segment off portions of its brick-and-mortar stores in an effort to sublease the units to smaller retailers. Dollar General is optimizing pricing...Continue Reading »
Best Buy shopkick, Home Depot Multichannel Mktg, Starbucks UK Contactless Payment
Customers using the shopkick shopping app will be rewarded for walking into any of the almost 1,300 Best Buy and Best Buy Mobile stores nationwide.
Best Buy says the rollout will make it the first of shopkick's launch partners and first consumer electronics retailer to provide this mobile shopping experience for consumers through targeted offers and rewards on a national...
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Wal-Mart Buys Kosmix, eBay Trade-In, Wilton QR Code
Wal-Mart has signed a definitive agreement to acquire social media tech provider Kosmix. Kosmix has developed a social media technology platform that filters and organizes content in social networks to connect people with real-time information, and also operates TweetBeat, a real-time social media filter for live events, as well as health/medical data site RightHealth.
E-commerce &...Continue Reading »
Mobile Product Browsing, Wal-Mart Expands Assortment, Promotional Email
Forty-eight percent of all US consumers are using their mobile devices to research and browse products and services, according to the 2011 Oracle “Mobile Trends: Consumer Views of Mobile Shopping and Mobile Service Providers” report. In addition, 29% of consumers have made at least one purchase via a mobile phone, more than double the number reported in a similar ATG consumer survey...Continue Reading »
‘Daily Wrap:’ QVC, Amazon.com, Winn-Dixie
QVC has selected the IBM Netezza TwinFin appliance to analyze user-generated content from its web forums.
CBR Software Business Intelligence reports QVC selected Netezza TwinFin appliance because of its ability to execute a broad set of analytics across large volumes of data.
M-commerce
Amazon.com is introducing Amazon Deals, a free iPhone app that offers access to the Gold Box...Continue Reading »
‘Daily Wrap:’ Google, Macy’s, Holiday E-commerce
Google may launch a new mobile payments service this year, reports the New York Times.
According to "two people familiar with the plans," the new service would allow consumers to tap or wave their mobile phones at a cash register to pay for their purchases.
E-commerce
Macy’s plans to hire 725 workers during the next two years to help build up its Macys.com and other web...Continue Reading »
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State of US Same-Store Sales - September 2010 and Quarterly Data Update and Full-Year Outlook
Retailer Daily has compiled comparable store sale data from the SEC filings of 26 major US retailers spanning several years, up to the most recently released September 2010 and quarterly numbers. The data excludes fuel sales and is available in Microsoft Excel format from the link below:
Indications from September 2010 and the most recent quarterly same-store sales results across...Continue Reading »
‘The Daily Wrap:’ Rite Aid, Gymboree, BP
5 New Rite Aid/Save-a-Lot Stores Open
Five additional co-branded Save-A-Lot Food Stores/Rite Aid Pharmacy stores opened Oct. 11, 2010 in Greenville, S.C. These openings come in the wake of the Sept. 27 debut of the first co-branded store in Easley, S.C. Source: Progressive Grocer
Bain Capital Buys Gymboree
Children's clothing retailer Gymboree (GYMB) has agreed to be acquired by...Continue Reading »
Good Neighbor Pharmacy Tops in Customer Satisfaction
Good Neighbor Pharmacy earned the highest score among national chain drug stores in the J.D. Power and Associates 2010 U.S. National Pharmacy Study. Meanwhile, Target ranked highest among mass merchandisers and Publix got the highest score among supermarkets.The study measures customer satisfaction with pharmacies in two segments: brick and mortar and mail-order. The study includes chain...Continue Reading »
‘The Daily Wrap:’ Rite Aid, Best Buy, Macy’s
Rite Aid Reports Net Loss
Struggling drugstore retailer Rite Aid reported a $197 million net loss during Q2 fiscal 2010. Rite Aid also reported a 2.5% decrease in quarterly revenue. Source: Rite Aid
Best Buy Enhances Product Pickup
Consumer electronics retailer Best Buy has launched a comprehensive shipping program called Store Pickup Plus. The new program lets customers pick up online...Continue Reading »