OPERATIONS

Bill Clinton to deliver keynote at NRF Annual Convention

BY Staff Writer

New York City — The National Retail Federation has announced that President Bill Clinton will deliver the keynote address at the NRF’s 101st Annual Convention in New York City.

Clinton, who will speak on "Embracing our Common Humanity,” will deliver his address on Jan 16, 11 a.m. 12 p.m.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Tuesday Morning expects Q1 loss following comps drop

BY CSA STAFF

DALLAS — Continued softness in the home and housewares category is evident at Tuesday Morning, which said it expects the loss per share for the first quarter to be in the range of 12 cents to 13 cents.

Tuesday Morning reported that sales for its first quarter ended Sept. 30 were down 1.2% to $170.7 million from $172.8 million last year. The company said comparable-stores were down 4.1% comprised of a 5.2% decrease in traffic offset by a 1.1% increase in average ticket.

Kathleen Mason, president and CEO, stated, "We remain focused on our previously announced initiatives and believe that these initiatives will positively impact customer traffic and our overall business in the back half of our fiscal year."

The company expects to release its full first-quarter results on Oct. 24.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
OPERATIONS

Wal-Mart in partnership with Facebook

BY Katherine Boccaccio

Bentonville, Ark. — Wal-Mart Stores said Tuesday it will launch a “My Local Walmart” Facebook application, which will allow the retailer’s approximately nine million Facebook fans to follow what is happening at their local stores. The partnership is the first of its kind for a retailer and shows how companies are using the popular social networking site to connect more immediately to shoppers in an attempt to gain their loyalty.

The new Facebook application will provide locally relevant information on everything from new products and sales information, to details on in-store events. It covers about 3,500 Walmart stores will send alerts to the company’s Facebook fans about new products and discounts, the companies said.

"Our innovative approach with Facebook allows us to bridge the gap between local and social, giving millions of customers the personalized shopping experience they expect from Walmart," said Stephen Quinn, executive VP and CMO at Walmart U.S.

In a Monday media call, Quinn said the Facebook app addresses the retailer’s ‘next-generation’ customers who are heavy social media users. He also said the launch is just the start of the company’s ‘social media revolution.’

Facebook fans of Walmart who sign up to the new page will get about two messages a week from their local store at first, Quinn said, and alerts may be triggered by local events such as a high school football game or inclement weather.

The application also will have a role in this year’s holiday shopping season, especially on the day after Thanksgiving when shoppers line up early for deals, he added.

Users will access the "My Local Walmart" page by visiting facebook.com/Walmart, then clicking on the "My Local Walmart" tab.



Click here
for more Technology News.

keyboard_arrow_downCOMMENTS

Leave a Reply

N.Steel says:
Apr-12-2013 05:33 am

Choosing Facebook as your
Choosing Facebook as your partner is a smart choice. Facebook is one of the successful social networking site when it comes to advertising. And it's very easy to gain fans using this buy facebook fans.

N.Steel says:
Apr-12-2013 05:33 am

Choosing Facebook as your partner is a smart choice. Facebook is one of the successful social networking site when it comes to advertising. And it's very easy to gain fans using this buy facebook fans.

J.Jannp says:
Jul-27-2012 04:28 am

It covers about 3,500
It covers about 3,500 Wal-Mart provisions will drive alerts to the companionship Facebook enthusiast about new produce and discount, the companionship whispered mazapoint.

J.Jannp says:
Jul-27-2012 04:28 am

It covers about 3,500 Wal-Mart provisions will drive alerts to the companionship Facebook enthusiast about new produce and discount, the companionship whispered mazapoint.

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...