NRF welcomes Obama’s pro-retail business proposals in State of Union address
Washington, D.C. — The National Retail Federation welcomed President Obama’s recognition of the importance of the retail industry to job creation in Tuesday night’s State of the Union address, and pledged to work with the White House on initiatives to promote continuation of the nation’s economic recovery.
“We are pleased to see that President Obama recognizes that jobs in the retail industry are good jobs and important to the economy,” NRF president and CEO Matthew Shay said. “It was significant that he voiced his continued support for ‘commonsense safeguards’ like the limits on swipe fees he signed last year, which will help retailers innovate and support the consumer spending that is crucial to job creation.”
Obama offered a number of proposals that would benefit the retail industry, including a reduction in corporate tax rates in return for eliminating many current tax breaks. NRF has long supported a broader corporate tax base with lower rates because it would allow businesses to make decisions based on the economic results of investment rather than tax consequences.
Obama also called for reform of individual tax rates, adoption of free trade agreements that would make it easier for retailers to import merchandise while helping open markets for U.S. goods, and deficit reduction through cuts in government spending rather than new taxes that would threaten the recovery.
Bon-Ton selects dynaTrace to optimize e-commerce application platform
Waltham, Mass. — The Bon-Ton Stores has selected dynaTrace’s application performance management system to optimize the performance, scalability and stability of its recently implemented IBM e-commerce platform. The deployment comes at a time when the retailer’s online business is growing dramatically.
“We know that enhancing the speed and stability of our new e-commerce platform is critical to accelerate our rapid e-commerce growth,” said Dan Gerard, Bon-Ton’s divisional VP technologies and web services. “In evaluating APM products, dynaTrace distinguished itself through its rapid implementation, ease of use, and the deep visibility it provided into our WebSphere e-commerce system’s performance. The open nature of dynaTrace’s plug-in framework has been particularly helpful to extend and automate our application performance management. We see dynaTrace playing an essential role in helping prepare for the holiday shopping season and beyond.”
OXXO selects NEC’s POS platform
Irving, Texas — NEC Corp. of American announced that OXXO, the largest convenience store chain in Latin America, has selected NEC’s new point of sale hardware platform, TWINPOS 4500 as its standard.
With more than 8,000 stores strategically located throughout Mexico and Colombia, OXXO offers convenient services and products, 24-hour service in most areas and a fast and comfortable shopping experience.
“OXXO strives to continuously innovate in all areas of our business, most importantly where it will benefit our customers. This vision requires proven and reliable technology to enable our business requirements, especially in our mission-critical systems. Last year we embarked on a detailed review process in order to update our POS platform,” said Ruben Treviño, CIO of OXXO, which operates more than 8,000 stores throughout Mexico and Columbia.
After evaluating several solutions from top POS vendors, OXXO selected NEC because it met the retailer’s requirements of highly reliable technology and lowest TCO, Trevino said.