Content about Information technology management

July 11, 2011

A story on the Wall Street Journal’s MarketWatch, published Monday, identified Amazon.com as the latest value-oriented retailer to pose challenges to more traditional brick-and-mortar retailers.

NEW YORK — A story on the Wall Street Journal’s MarketWatch, published Monday, identified Amazon.com as the latest value-oriented retailer to pose challenges to more traditional brick-and-mortar retailers.

May 26, 2011

General Nutrition Centers has added PayPal's Mobile Express Checkout to its mobile site.

PITTSBURGH — General Nutrition Centers has added PayPal's Mobile Express Checkout to its mobile site.

The integration exclusively was made by mobile and social commerce provider Branding Brand without any involvement from third-party service providers, and makes GNC one of the first to implement this feature on its mobile site.

April 25, 2011


The new-look Duane Reade stores feature a special Papyrus section in the greeting card aisle. Papyrus — known for its posh collection of greeting cards, gift wrap, stationery and other unique gift products — certainly has lent an air of distinction to the department with its upscale fixtures and sleek design.


Cards for all occasions, including birthdays, anniversaries and weddings, are merchandised attractively in the more than 8 ft. of space devoted to the section.

March 4, 2011

A funny thing happened on the way to the cash register. A coveted diabetic shopper intent on saving money saw promotions that resonated with value. She was hooked.

On this trip, promotions influenced her to expand her basket from just insulin to related care items, foot cream and a sugar-free treat. It was as if the retailer and suppliers completely understood her daily regimen, lifestyle, shopping behaviors, willingness to spend and purchase triggers. Indeed, they did.

How? They mastered the process of promotion optimization.

February 1, 2011

As photo processing continues to evolve, retailers are finding new ways to make the department profitable. Bing Liem, VP sales for Fujifilm North America, said retailers need to re-evaluate their existing on-site photo business.


As photo processing continues to evolve, retailers are finding new ways to make the department profitable. Bing Liem, VP sales for Fujifilm North America, said retailers need to re-evaluate their existing on-site photo business.


“It’s critical to maximize the use of existing assets,” he said. New product offerings, such as posters, folded cards, calendars and books, help maximize the value of the category, Liem said.


December 27, 2010

The IRS issued new guidance Dec. 23 that enables consumers to continue to use flexible spending and health reimbursement account debit cards to purchase prescribed OTC products.

WASHINGTON — Though most might associate the Internal Revenue Service with the Grinch, the IRS came through with a last-minute Christmas present for retailers stung by changes in the tax code related to consumers’ use of flexible spending and health reimbursement accounts to purchase approved OTC products.

December 27, 2010

Between Oct. 31 and Dec. 24, consumers spent more than $36.4 billion online — a 15.4% increase over 2009, according to SpendingPulse estimates.

PURCHASE, N.Y. — MasterCard Advisors’ SpendingPulse, a macroeconomic report tracking national retail and services sales, announced results for e-commerce sales for the 2010 holiday shopping season. During the period ranging from Oct. 31 to Dec. 24, consumers spent $36.4 billion online, a 15.4% increase compared with the same period in 2009, according to SpendingPulse estimates.

November 8, 2010

Amazon.com announced that it has reached an agreement to acquire Quidsi, which operates Diapers.com, an...

SEATTLE Amazon.com announced that it has reached an agreement to acquire Quidsi, which operates Diapers.com, an online baby care specialty site, and Soap.com, an online site for everyday essentials.

 

Jeff Bezos, founder and CEO of Amazon.com, said, “This acquisition brings together two companies who are committed to providing great prices and fast delivery to parents, making one of the chores of being a parent a little easier and less expensive.”

 

 

August 15, 2010

Periscope has introduced an integrated reading light and deluxe cover for e-readers....

February 9, 2010

ComScore reported Tuesday that retail e-commerce spending during fourth quarter 2009 totaled $39 billion, while...

September 20, 2009

Determining just how much FSAs are utilized in the purchase of OTCs has always been...

NEW YORK Determining just how much FSAs are utilized in the purchase of OTCs has always been somewhat of a fuzzy science. Thanks to the U.S. Joint Committee on Taxation, we now have a government source suggesting that about $460 million per year in sales tax revenues would have been generated in the ensuing five years. Using state sales tax rates as of July 2009, the mean average tax across all 50 states plus the District of Columbia is 5.1%.