First Data: Same-store transactions up 8% in December
Atlanta Same-store transactions for December 2009 showed a growth of 8.0% over 2008, holding up well despite widespread winter storms on the last holiday shopping weekend, according to a report by First Data Corp., a provider of e-commerce and payment processing.
First Data’s SpendTrend transaction analysis report for the full month of December 2009 compared with December 2008 tracked same-store consumer spending via credit, signature debit, PIN debit and EBT cards at U.S. merchant locations.
Transactions in the month of November 2009 were 8.9% higher than the previous year. Driven by increased usage at value retailers, PIN debit transactions continued to outperform with growth of 12.5% in December.
Value retailers once again led transaction growth at a rate of 14.1%, and most industries posted gains. Average tickets were slightly down on a year-over-year basis, but up versus November as a result of increases in value retailer and grocery average tickets.
Nintendo game to feature Beyonce designs
REDMOND, Wash. Nintendo has partnered with Beyonce Knowles to give fans of its “Style Savvy” game for Nintendo DS and Nintendo DSi access to new designs from the entertainer’s Dereon clothing line co-created with her mother, designer Tina Knowles. As managers of their own virtual boutiques, players can incorporate these chic Dereon fashions as they create one-of-a-kind looks for their in-game clientele, Nintendo reported.
“‘Style Savvy’ is all about creativity and fashion, both of which are really important to me,” says Beyonce. “I love that I get to become a stylist and take over my own boutique, and it’s so much fun to see some of my Dereon designs added to the mix.”
Sears names new head of retail services
HOFFMAN ESTATES, Ill. Sears Holdings announced that James Haworth will join the company as EVP and president of retail services succeeding Kevin Holt who will be leaving the company to pursue other opportunities. Haworth will be responsible for the oversight, leadership and strategic growth of retail services for all Kmart and Sears stores. He will serve as a member of the internal holding company business unit board of directors as well.
Haworth most recently served as chairman, president and CEO for Chia Tai Enterprises International Limited & CP Lotus, an investment holding company principally engaged in the operation of one-stop shopping centers within China. In 2005, he founded Business Decisions Inc., a consulting firm specializing in strategic product marketing for the retail, merchandising and supply chain industries. Previous to Business Decisions Inc., Haworth spent 20 years with Walmart Stores, in roles of increasing responsibility including EVP operations for Sam’s Club and EVP and COO of Walmart Stores.
“We’re very pleased that Jim is joining our executive team,” said Bruce Johnson, interim CEO and president of Sears Holdings. “He brings a wealth of global retail experience, demonstrated success in retail operations, merchandising and strategic planning along with a great understanding of how to create lasting relationships with customers. We thank Kevin for his contributions to the company and wish him well in all future endeavors.”