OPERATIONS

Macy’s to offer Lids departments

BY Dan Berthiaume

New York – Macy’s has reached an agreement with Lids Sports Group to offer licensed departments called Locker Room by Lids that will sell Lids merchandise both in Macy’s stores and on the retailer’s website. Lids Sports Group will operate the departments, which will be the exclusive source of Macy’s in-store team sportswear.

Plans call for Locker Room by Lids departments to be piloted in approximately 25 Macy’s stores and on macys.com in fall 2013, and an additional 175 in-store departments rolling out in spring 2014 as part of the initial phase. Macy’s will be the exclusive U.S. department store with Locker Room by Lids locations.

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FINANCE

Report: DVDs fuel home entertainment spending dip in Q2

BY Dan Berthiaume

Los Angeles – Total spending on at-home entertainment in the U.S. declined 1.4% in the second quarter of this year compared to the same time period last year, according to research by Digital Entertainment Group. Consumers spent $3.94 billion on at-home entertainment in second quarter 2013, compared to $4 billion in second quarter 2012.

Packaged goods spending, which includes both DVDs and Blu-ray discs, fell 13%. Spending on rentals excluding video on demand fell 10%. However, a 15% jump in Blu-ray disc spending during the first half of this year suggests slumping DVD sales were the primary driver of this decline.

Sales of digital entertainment surged during the quarter, further signifying the decline of the DVD. Spending on web-only content streaming services increased 35% while spending on subscription services for packaged content fell 19%. Digital sales, which include video on demand as well as web-delivered content, rose 22% to $1.51 billion during the quarter.

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OPERATIONS

Cabela’s uses mobile payments in loyalty promotion

BY Dan Berthiaume

McLean, Va. – Cabela’s used mobile payment processing software from Sage Payment Solutions at seven recent Family Outdoor Days events for holders of its Cabela’s Club Visa card. Sage Mobile Payments was successfully deployed at the Dilliner, Pa., Berlin, Wis., Puyallup, Wash., and Billings, Mont. Family Outdoor Days on June 1, June 20, July 13 and July 27, respectively. The three remaining Family Outdoor Days events will occur in Prior Lake, Minn., on Aug. 10, Cedar Fort, Utah, on Aug. 24, and Kearney, Neb., on Sept. 28.

"Sage Mobile Payments allows us to quickly and easily accept payment for onsite registrations for our Family Outdoor Days," said Haley Steinkuhler, event coordinator for Cabela’s Club Visa. "The built-in functionality and intelligence of Sage Mobile Payments mean we can accept payments, email receipts, track cash, access reports and more."

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