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.

December 19, 2014

The Deloitte Consumer Spending Index reached its highest point since November 2013, rising to 4.5 from 4 the prior month. 

December 17, 2014

Hudson’s Bay Co. has named Gerald Storch, the former CEO of Toys “R” Us, as its new CEO, effective January 6. 

December 16, 2014

At one time, IT service providers could demonstrate their retail industry expertise by showing a PowerPoint slide of customer logos. That’s no longer sufficient. 

December 15, 2014

PetSmart Inc. has agreed to be purchased for about $8.7 billion by a consortium of buyers led by private equity firm B.C. Partners and also including pension fund manager La Caisse de dépôt et placement du Québec and private equity firm StepStone.

December 12, 2014

EMV is a great way to combat counterfeit cards at the point of sale (POS), but it does nothing to prevent the types of breaches seen in recent news headlines.

December 12, 2014

Consumers view the “right” payment method, (accessing points, discounts, and special offers,) as a critical part of the purchase process – good news for branded private label cards which allow retailers to cultivate loyalty, improve operating results, and gain sustainable competitive advantage. 

December 10, 2014

Gift cards will surpass $124 billion in sales in 2014, up 5% from 2013. 

December 10, 2014

Gift cards will surpass $124 billion in sales in 2014, up 5% from 2013. 

December 9, 2014

Rolling Stones fans will sympathize with the devilish problem facing American customers, who couldn’t get satisfaction in the third quarter of 2014.