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Press Releases ARCHIVE

Rick J. Caruso Opens National Retail Federation’s 2014 “Big Show”  Jan 13, 2014 1:54 PM By Daniela Forte

Rick L. Caruso, founder and CEO of Caruso Affiliated opened the National Retail Federation’s “Big Show” 2014 with the opening keynote “Reimagining Main Street – How Brick and Mortar Retail Will Thrive in the 21st Century.”

Microsoft Extends Leadership in End-to-End Customer Interactions and Omnichannel Operations  Jan 13, 2014 11:29 AM By MCM Staff

Microsoft Dynamics introduces advanced end-to-end capabilities for omni-channel retailing and supply-chain management; announces alliances with industry leaders Vantiv, Sitecore and an expanded relationship with IBM.

Sitecore Partners with Microsoft to Build Joint Ecommerce Solution  Jan 13, 2014 11:22 AM By MCM Staff

Sitecore, today announced at the National Retail Federation’s Annual Convention that it will integrate its leading customer experience platform with Microsoft Dynamics’ powerful omnichannel commerce capabilities.

Retailers Turn to NetSuite for Seamless Omnichannel Experience  Jan 13, 2014 11:13 AM By MCM Staff

Several retailers join NetSuite SuiteCommerce to run their end-to-end omnichannel business. NetSuite announced that
Ibex Outdoor Clothing, Wisteria and George’s Music among the many retailers.

Overstock.com Becomes First Retailer to Accept Bitcoin  Jan 10, 2014 1:49 PM By MCM Staff

Overstock.com has announced it is now accepting the controversial cryptocurrency, Bitcoin, as a form of payment along with Visa, MasterCard and PayPal.

Barnes & Noble Reports 6.6% Decrease in Holiday Sales  Jan 09, 2014 11:47 AM By Erin Lynch

The Barnes & Noble retail segment, which includes traditional brick-and-mortar stores and BN.com, released its 2013 holiday sales results which show a 6.6% decline compared to last year.

2,500 Layoffs, Store Closings Announced at Macy’s  Jan 08, 2014 5:23 PM By Erin Lynch

In an effort to save nearly $100 million annually, Macy’s has laid out a cost reduction plan which includes laying off 2,500 workers and the closing of a handful of its brick-and-mortar stores.

Shoppers Look for Best Holiday Deals in December  Dec 18, 2013 1:20 PM By MCM Staff

With six less shopping days between Thanksgiving and Christmas this year, 87% of shoppers said in a recent PriceGrabber survey that they will conduct most of their holiday shopping in December. Why? According to the survey, because that is when consumers believe they will find the best deals and discounts.

Belk Plans Ecommerce Distribution Center Expansion  Dec 13, 2013 1:32 PM By Erin Lynch

Department store retailer Belk, Inc. announced plans to expand its ecommerce distribution and fulfillment center in South Carolina.

Cheesewright Named CEO of Walmart International  Dec 10, 2013 9:26 AM By MCM Staff

Walmart announced today that David Cheesewright will become the president and CEO of Walmart International. At his previous post with the retailer, Cheesewright was the president and CEO of Walmart’s Europe, Middle East, Africa and Canada. Cheesewright will assume his new role on Feb. 1, 2014.






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