February 20, 2015

On Thursday, in a move that could shape the minimum wage debate, Walmart announced it was raising the minimum wage of its employees to $10 per hour, which is significantly higher than the Federal minimum wage. The news has met with a mixed reaction.

February 19, 2015

The Merchants Payments Coalition applauded U.S. District Judge Nicolas Garaufis’ ruling on Thursday that American Express credit card rules constitute an unlawful restraint on trade.

February 12, 2015

The $8.7 billion private equity acquisition of PetSmart Inc. that was announced in December 2014 is one step closer to fruition. Argos Merger is providing a $1.9 billion senior note unsecured offering to finance the purchase.

February 10, 2015

Landlords holding the leases of Target Canada stores reportedly are requesting that Ontario Superior Court put Target Canada into full bankruptcy.

February 9, 2015

Dollar Tree Inc. is arranging financing for its pending acquisition of Family Dollar Stores Inc.

February 9, 2015

Although it is now dismissed as a “legacy” technology, email can still provide value to retailers’ CRM (customer relationship marketing) efforts, as can mobile technology and loyalty programs.Study: Mobile, loyalty, email offer CRM value

February 5, 2015

In an expected move, longtime-struggling RadioShack has filed for Chapter 11 bankruptcy protection, listing assets of $1.2 billion and total debt of nearly $1.4 billion.

January 27, 2015

Restaurants will remain the nation’s hottest hirer this year.  An annual report by the National Restaurant Association indicated that, as it has for the last 16 years, the restaurant industry employment will outpace employment growth in 2015.

January 26, 2015

Gasoline and convenience-store chain Thorntons Inc. is receiving its own refreshing results from its Paytronix-powered “Refreshing Rewards” loyalty program.

January 23, 2015

The underwriters of a public offering of 18.8 million shares of The Michaels Companies common stock have priced it at $23.52 per share.

January 20, 2015

The Securities and Exchange Commission (SEC) will reportedly review a rule that allowed Whole Foods Market Inc. to block a shareholder proposal regarding director nominations.

January 16, 2015

The outlook for the retail industry looks bright, with lower prices at the pump and decreasing unemployment boding well for consumer spending.

January 16, 2015

In a move that was somewhat expected, The Wet Seal Inc. has filed for Chapter 11 bankruptcy. The move comes a week after the struggling teen retailer said it was closing 338 of its stores, leaving it with approximately 173 stores nationwide.

January 15, 2015

RadioShack Corp. is reportedly preparing to file for bankruptcy ads early as the beginning of February 2015.

January 13, 2015

In a pilot implementation, NCR will deploy its SelfServ 90 for Japan’s Muji department stores.

January 13, 2015

RadioShack could receive another dose of life support. According to a report by the Wall Street Journal, Salus Capital Partners has offered to provide $500 million to RadioShack Corp. in a kind of debtor-in-possession loan used by companies to fund operations in bankruptcy.

January 12, 2015

As the use in-store mobile payment becomes more pervasive, consumers require increased education on the performance and ease of use of mobile pay services, a recent survey by Verifone of U.S. consumer attitudes suggested.

January 8, 2015

The Children’s Place Inc. has authorized a new $100 million share repurchase, with the goal of returning excess capital to shareholders.

January 7, 2015

The holidays were at least moderately happy for in-store retailers.

January 5, 2015

The minimum wage rose in 20 U.S. states and in the District of Columbia on Jan. 1.

January 5, 2015

Restaurant operators continued to hold a sunny outlook even as the weather turned gray in November.

December 29, 2014

Minimum wage increases scheduled to take effect in 24 states and Washington, D.C. will affect employees at more than 1,400 Wal-Mart stores and 200 Sam’s Club stores in the U.S.

December 29, 2014

Wal-Mart is offering an online gift card exchange called CardCash.com that will offer consumers up to 97% of the face value of another retailer’s gift card in the form of a Wal-Mart e-gift card. 

December 23, 2014

Spend on prepaid gift cards is on the rise this holiday season, as a significant majority (70%) of shoppers plan to purchase gift cards this season, according to an interim holiday spending report released by Stored Value Solutions, a provider of gift cards and stored value services.