Articles By Sam Lewis

  1. Step Aside, Windows And Apple, Intel Is Launching Its Own Retail Stores 11/18/2013

    Just in time for the holidays, computer chip-maker announces opening of pop-up stores. Best known for its processors inside personal computers, Intel is trying out a new idea this holiday season: retail stores. The Santa Clara, CA-based company will be rolling out the first of its pop-up stores in an effort designed to boost Intel’s brand.

  2. Nordstrom Maintains Growth Strategy Despite Lowered Profits 11/15/2013

    Expanded channels, new store openings, and new distribution center planned for the remainder of 2013 and beyond. Seattle-based, high-end fashion retailer Nordstrom’s plans have not been derailed by a decrease in profits over 2013’s third-quarter. The company is not only maintaining its omni-channel, e-commerce, and brick-and-mortar stores’ growth models, it even bumped up the low-end of its full-year earnings guidance.

  3. Macy's Crushes Estimates With Big Revenue And Earnings Growth 11/14/2013

    After bleak second-quarter, world-famous retailer seems to have hit its stride entering the holiday shopping season. After lowering its year-end guidance in the second-quarter of 2013, Macy’s rebounded nicely in the third-quarter. Boasting increases in both revenue and profits, Macy’s credits its approach to marketing for its quarter-by-quarter turnaround.

  4. Kraft To Receive $2.8 Billion Pay Day From Starbucks 11/13/2013

    Arbitrator awards food manufacturer damages, attorney fees, and interest after premature termination of business deal. Back in March of 2011, Starbucks decided to end its 13-year-old relationship with Kraft. The coffee-giant was unhappy with the product Kraft was selling in Starbucks’ name in grocery aisles, calling the coffee “unacceptably poor.” The contract between the two would have carried over another year, to March of 2012, and automatically renewed for another 10 years if neither party had agreed to terminate.

  5. Unwrapping 2013's Holiday Shopping Trends 11/13/2013

    Multi-national financial services corporation releases first installment of holiday shopping survey. During the holiday shopping season, Visa will be revealing information it receives regarding consumer spending and intentions about their purchases. On Tuesday, Nov 12 Visa released the first part of its Series titled the Visa Spending Intentions Survey, with more installments to come as the holiday shopping season ramps up.

  6. PCI Compliance Guidelines 3.0 Released 11/12/2013

    New standards move organizations to shared responsibility of card payment security. Version 3.0 of the Data Security Standard (DSS) for securing payments has been published by the Payment Card Industry Security Standards Council (PCI SSC). The latest version of the standards are focused on helping merchants deal with problems in security as the ways consumers pay for goods continues to evolve.

  7. Kroger Announces $150 million Growth Initiative 11/11/2013

    New Marketplace stores, remodeled locations, and fuel centers highlight expansion efforts. America’s largest grocer, Kroger has announced it will be investing $150 million in North Texas. The company plans to build five new Marketplace stores, expand three additional locations, open several new fuel centers, and remodel some existing Kroger stores.

  8. rue21 Launches Long-Anticipated E-Commerce Presence 11/8/2013

    Online shopping is the first step in omni-channel retailing for the Millennial-shopper-focused retailer. Pittsburgh-based apparel retailer rue21 has broadened the way its customers can connect with and buy from the company. On Friday, Nov 8 the company announced the much anticipated launch of its e-commerce presence, bringing consumers the ability to shop online to rue21.com.

  9. Be All You Can Be At Starbucks 11/7/2013

    By 2018, coffee chain plans to hire more than 10,000 U.S. military veterans. The world’s largest coffee chain, Starbucks, announced on Wednesday, Nov 6 that it will be hiring at least 10,000 U.S. military veterans along with spouses of active military members in the next five years. Accompanying the announcement, the company says five new and existing Starbucks locations on or near military bases will share a part or each sale, ten cents, with non-profit organizations focused on helping veterans become part of the country’s workforce. The company’s minimum annual donation will total $100,000

  10. Blockbuster Calls It A Bust 11/6/2013

    Video rental chain closes remaining corporate stores, ends DVD-by-mail service. It won’t be long before a trip to a video store is a thing of the past. Blockbuster, the 28-year old Englewood, CO-based video rental chain announced on Wednesday, Nov 6 that it will be shuttering the doors of its 300 remaining corporate stores early next year. The company also announced it will be shutting down its “Blockbuster By Mail” service in mid-December.