Tyco Retail Solutions has announced positive results from its RFID pilot with Chico’s FAS. With focus on evolving its omnichannel retailing strategy, Chico’s partnered with Tyco to address inventory accuracy and visibility challenges in 13 Soma Intimates pilot locations.
The National Retail Federation (NRF) expects sales in November and December (excluding autos, gas and restaurant sales) to increase a healthy 4% to $616.9 billion, higher than 2013’s actual 3% increase during that same time-frame.
Store closing and pre-opening costs, as well as an unfavorable state tax ruling, reduced net income at Village Super Market Inc. 5% to $5.87 million in the fourth quarter of fiscal 2014, from $6.2 million in the same quarter the prior year.
Starmount has donated laptop computers to Retail ROI to help equip a computer lab at the Hogar de Niños Tía Tatiana School, an inner-city school in Herrera that’s located in an impoverished area in Santo Domingo, Dominican Republic.