FINANCE

Wawa Refits Its POS

BY CSA STAFF

Phoenix, Wawa, Inc. purchased and installed more than 2,000 high-speed card-payment terminals at 540 retail stores in Delaware, Maryland, Pennsylvania and Virginia. The Optimum L4100 terminals are from Phoenix-based Hypercom Corp. The Hypercom terminals are configured to Wawa’s specifications to accept magnetic-stripe credit or debit cards and smart cards as well as contactless cards or key fobs that communicate with the terminal without any physical contact.

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News

Wal-Mart Releases Statement to Refute Video

BY CSA STAFF

Bentonville, Ark., The following excerpt is from a statement released by Wal-Mart Stores today in response to the documentary “Wal-Mart: The High Cost of Low Price,” launched today in New York City and Los Angeles and slated to be shown in 3,000 private screenings nationwide.

Regarding the documentary produced by Robert Greenwald that portrays Wal-Mart as a behemoth that destroys small towns and pays poverty-level wages, Wal-Mart said, “The 138 million people who shop at our stores every week speak volumes more about Wal-Mart than any special interest video. In fact, last month, our loyal customers spoke very loudly. Wal-Mart just enjoyed its best October ever—and our best Halloween ever.”

The statement went on to say, “No matter how much Robert Greenwald talks to the special interests, he just won’t change the personal experiences that our customers, our associates and the American people have with our company.”

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OPERATIONS

Best Buy to Extend Holiday Hours

BY CSA STAFF

Minneapolis, In a move it says is intended to make shopping more convenient for its customers, Best Buy announced today that it will extend its hours of operation beginning this month and throughout early January. All 714 stores will have added hours, including an 18-hour day to shop on Friday, Nov. 25.

The additional hours are a response to a recent customer survey, in which nearly 80% of Best Buy customers said shopping for gifts was the main source for increased stress during the holidays, as well as in response to customer requests for more time and flexibility to shop during the holiday season.

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