Retail News
We work with a lot of retailers. Here is the latest retailer news from RIS News.
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Stop & Shop will expand the availability of its SCAN IT! mobile shopping app, which sends personalized, location-based offers to customers' smartphones as they scan, tally and bag their groceries, to 42 more stores by the end of 2011.
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Retail veteran Vicki Cantrell, most recently CIO of Tory Burch, will join the National Retail Federation in a senior role that includes overseeing NRF's communities, including the CIO Council, ARTS and Loss Prevention.
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Walmart will reduce CapEx investment in its U.S. stores by 7.4% in the next fiscal year and, seeing significant growth potential in China, Brazil and Mexico, increase the international division's CapEx by 11.8%. Despite the U.S. investment squeeze, the world's largest retailer is planning to increase its U.S. store count by up to 235 units in 2012.
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JCPenney sold its 15 JCPenney Outlet Stores to SB Capital Group for an undisclosed amount. The stores will be rebranded as JC's 5 Star Outlet and JCPenney will continue to supply the outlet stores with overstocks and end-of-season merchandise.
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Walgreens launched Refill Reminder Text Alerts, a new service that sends a text message to patients when a prescription is due for refill. Customers can then complete orders by replying with "refill."
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Amazon is expanding its test of shipment lockers to New York City. The online retailer is testing the buy online/pick up in store lockers at Rite Aid, Gristedes, and D'Agostino locations throughout the Big Apple.
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Barnes & Noble expanded its third-party seller BN.com Marketplace by adding over one million new products in five new categories to its catalog as well as adding new online partners.
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Oracle will acquire RightNow Technologies for $1.5 billion, adding its cloud-based customer service offering that operates across call centers, the Web and social channels to its portfolio.
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Giant Eagle is partnering with location-based app Shopkick to launch Kickbacks, an app that instantly rewards customers with "kicks" currency redeemable for prizes when they use Shopkick to purchase featured items at any Giant Eagle location.
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Oracle announced October 18 that it would purchase Endeca Technologies, a provider of unstructured data management, Web commerce and business intelligence solutions, for an undisclosed sum.