Nordstrom Mobile Checkout, Wal-Mart China E-commerce, Blockbuster Kiosk Change
Nordstrom will roll out mobile checkout
devices to its stores nationwide by the start of its anniversary sale in July 2011, according to Chain Store Age.
The retailer, which has tried a variety of different devices, is currently testing the iPod Touch in its downtown Seattle and Bellevue Square, WA stores.
E-commerce & Multichannel Retailing
- Wal-Mart will acquire a minority stake in the holding company of Yihaodian, a fast-growing e-commerce company in China.
- Dish Network, the new owner of US-based retailer Blockbuster, has reportedly told NCR Corp. that it wants to remove the Blockbuster branding from its DVD rental kiosks.
- Best Buy Canada is offering a selection of previously played games online for as low as $4.99.
- UK retailer Tesco is to start selling mainstream fashion brands on its clothing website, as it aims to build its credibility in non-food online.
Legal & Regulatory
- The online eyeglasses seller who terrified customers in the hopes of creating buzz about his Web site, and raising its profile in Google searches, pleaded guilty on Thursday to two counts of sending threatening communications, one count of mail fraud and one count of wire fraud.
Promotions & Appointments
- Supervalu has appointed former Wal-Mart executive Santiago Roces as president/CEO of its Save-A-Lot chain.
Stats & Research
- 16.7 million U.S. mobile subscribers used location-based “check-in” services on their phones in March 2011, representing 7.1% of the entire mobile population, according to data from comScore.
- According to the National Retail Federation, retail industry sales (which exclude automobiles, gas stations, and restaurants) for April 2011 increased 0.2% seasonally adjusted from March and 4% unadjusted year-over-year, a positive but modest increase compared to previous months’ results, evidence that some consumers are beginning to feel the strain of high food and gas costs.
- Music sales in the U.S. are up 1.6% in 2011, according to The Nielsen Company, as digital album and track sales saw dramatic growth through May 8.
- As gas prices soar, many Americans pin the blame on greed or a push for higher profits among oil companies, speculators and oil-producing nations.