STORE AUTOMATION (POS, Kiosk, Scanners, Printers, Couponing, Smartcards, Handhelds, Loss Prevention)
DATA WAREHOUSING, BUSINESS INTELLIGENCE, CRM, LOYALTY SYSTEMS
E-COMMERCE, INTERNET APPLIANCES
ENTERPRISE PLANNING / GENERAL PURPOSE (ERP, ASP, Host Systems, Accounting)
RFID TECHNOLOGY
SUPPLY CHAIN, MERCHANDISING, CATEGORY MANAGEMENT, INVENTORY MANAGEMENT, PRICING MANAGEMENT
RETAILER AND GENERAL ECONOMIC NEWS
VENDOR FINANCIALS / GENERAL NEWS
STORE AUTOMATION (POS, Kiosk, Scanners, Printers, Couponing, Smartcards, Handhelds, Loss Prevention)
Self-Checkout Transactions to Approach $450 billion Annually by 2008
As self-service shopping has gone mainstream in supermarkets, supercenters, and home improvement centers, self-checkout systems will generate transactions worth $161 billion in 2005, according to a new study from retail technology consulting firm IHL Consulting Group.
http://www.progressivegrocer.com/progressivegrocer/headlines/article_display.jsp?vnu_content_id=1001010833
NSB Group Named Top POS Software Vendor for Specialty Softgoods Retailers
MONTREAL, Aug. 2 /PRNewswire/ -- NSB Group today announced they have been ranked by IHL Consulting Group as the number one installed supplier of POS software to top specialty softgoods retailers in the recent report, A Retailer's Guide: POS Software for Softgoods Retailers.
http://biz.yahoo.com/prnews/050802/cltu528.html?.v=3
A Self-Everything World?
The revolution in retail transactions is not complete. There are entire states (Oregon and New Jersey) where you can't pump your own gas. A new IHL Consulting study provides more compelling evidence that self-checkout represents a major shift change in the habits of consumers, one that is welcomed and is increasingly becoming expected everywhere that people shop.
http://kioskevents.com/forums/forumsArticle.aspx?id=63
Less Labor = More Service
A recent story in the Chicago Tribune carried the title, "Service gets lost in self-serve world." Swanson may not like it, but the self-service trend is just getting started. IHL Consulting Group, which recently studied the self-service market, estimates that $128 billion in sales were recorded on self-service machines in 2004, up 80 percent from the previous year. That number is expected to grow to $1.3 trillion by 2008.
http://www.kioskmarketplace.com/research.htm?article_id=23761&pavilion=45&step=story
Metrologic to Provide Target Corporation with Bar Code Scanners
BLACKWOOD, N.J., Aug. 9 /PRNewswire-FirstCall/ -- Metrologic Instruments, Inc. (Nasdaq: MTLG) today announced that it has formalized an agreement with Target Corporation to provide MS1690 Focus handheld imaging bar code scanners for their retail stores. Metrologic expects shipment of scanners to Target to begin immediately.
http://biz.yahoo.com/prnews/050809/phtu004.html?.v=21
Canadian Tire CIO Spends $40 Million for POS Sweep
Typically, a CIO arguing for a $30 to $40 million IT investment for new payment systems has to answer a lot of questions from a skeptical CEO, chief financial officer and board members. But that wasn't the recent experience of Canadian Tire Corp. CIO Andrew Wnek.
http://www.cioinsight.com/article2/0,1540,1847886,00.asp
Hypercom Introduces the First PCI-Approved Handheld PIN Pad for Retailers
PHOENIX, Aug. 15 /PRNewswire-FirstCall/ -- Hypercom Corporation (NYSE: HYC) announced today the immediate availability of the new P1300 PIN Pad, the first handheld PIN entry device to meet the rigorous new PCI (Payment Card Industry) security standards established by Visa International and MasterCard International to protect consumers at the point-of-sale.
http://biz.yahoo.com/prnews/050815/lam091.html?.v=20
Restaurant CIO: Would You Like Wi-Fi with That?
A major regional fast-food chainwith 433 restaurants in the Southeastern United Statesis going to offer free wireless connections to anyone who wants to surf while sitting in a burger joint.
http://www.cioinsight.com/article2/0,1540,1847964,00.asp
Leading Indian Petroleum Company Names NCR Lead Contractor for Automation Initiative at 165 Outlets
ATLANTA Hindustan Petroleum Corporation Ltd. (HPCL), the second largest integrated oil refining and marketing company in India, has selected NCR Corporation (NYSE: NCR) as the lead contractor for an automation initiative being deployed at 165 of HPCL's "Club HP" retail outlets.
http://www.ncr.com/media_information/2005/aug/pr081005a.htm
Kerasotes Theatres Choose Ultimate Technology's UltimaTouch 1800 Series Touch Workstation
Ultimate Technology Corporation, a leading provider of open system Point-of-Service (POS) hardware solutions and services, has announced that Kerasotes Theatres, one of the industry's premier motion picture companies, has chosen the UltimaTouch" 1800 Series POS Touch Workstation as the standard for deployment in their theatre ticketing counters.
http://www.ultimatetechnology.com/news_events/news_details.php4?nid=131
Missouri Store Now Accepts BioPay
ARNOLD, Mo.--(BUSINESS WIRE)--Aug. 9, 2005--Missouri residents can now conveniently and securely pay for goods with just their finger at Express Mart-Arnold in Arnold, Missouri using technology from biometric payments leader BioPay, LLC.
http://biz.yahoo.com/bw/050809/95074.html?.v=1
Rent-a-Center CIO Opts for All-Wireless Store Systems
With almost 3,000 stores in all 50 states, the Rent-A-Center retail chain needs to be able to expand quickly and easily. But its business model allows customers to rent and return merchandise with little notice, forcing store layouts to be flexible. What if 30 customers return mattresses to the same store tomorrow?
http://www.cioinsight.com/article2/0,1540,1847980,00.asp
Retailer Adapts Till System for Chip-and-PIN
One Stop, the Tesco-owned convenience store chain, says it has made significant savings by using its existing systems as the basis for its chip-and-PIN infrastructure.
http://www.vnunet.com/computing/news/2139098/retailer-adapts-till-system-chi
POSLynx220 Certified by Vital
Precidia Technologies announced the Class B Certification of its POSLynx220" secure multiport IP converter by Vital Processing Services (Vital). The POSLynx220 has been anxiously anticipated by Vital merchants and service providers who want to lower costs and speed transactions, while retaining existing point-of-sale (POS) systems.
http://www.precidia.com
PSC Inc. Enters into Agreement with NEXCOM to Supply Mobile and Wireless
PSC, Inc. announced that it has entered into an agreement with the Navy Exchange Service Command (NEXCOM) to supply mobile and wireless products to its Navy Exchanges. Under this contract valued at $5.5 million, PSC will supply its rugged mobile computing products for the next three to five years.
http://www.psc.com
VeriFone Completes Topaz System Rollout to Valero Stores
San Jose, CA - August 08, 2005 - VeriFone Holdings, Inc. (NYSE: PAY), the leading provider of payment solutions, today announced installation of more than 2,000 Topaz/Sapphire integrated point-of-sale (POS) systems for Valero Energy Corp. (NYSE: VLO), one of the nation's largest retail operators with more than 4,700 retail and branded wholesale sites in the United States, Canada and the Caribbean.
http://www.verifone.com/news/releases/release.cfm?contentType=newsReleases&contentId=119004
Convenience Stores Offer Biometric Payment at Checkout
Cheers Food and Fuel and Express Mart-Arnold, Arnold, Mo., are now offering biometric payment at the checkout counter, BioPay, Herndon, Va., announced. Cheers Food and Fuel has implemented the system, which allows shoppers to pay by touching a reader with their fingerprint, in its Paducah store.
http://www.supermarketnews.com/viewemaillink.cfm?ID=8641
Ritz Camera Looks to Linux for POS Apps
(COMPUTERWORLD) - Ritz Camera Centers Inc. plans to deploy Linux in more than 1,200 stores across the country, joining a growing list of retailers that have opted to run their in-store point-of-sale (POS) applications on the open-source operating system.
http://www.computerworld.com/softwaretopics/os/linux/story/0,10801,103816,00.html
Credit Card Industry's 'War on Cash'
A west suburban credit-card manufacturer is poised to cash in on an emerging trend in transactions -- "contactless" credit cards that consumers simply wave in front of readers to make quick purchases under $25.
http://www.suntimes.com/output/business/cst-fin-card08.html
How Safe Are the New Contactless Payment Systems?
As the retail industry starts to embrace contactless payment in a big way - led by $41 billion retailer 7-Eleven and Chase, the nation's largest issuer of credit cards - arguments are renewing about just how safe and fraud-proof these cards will be.
http://www.cioinsight.com/article2/0,1540,1829512,00.asp
NSB Group to Host Fully Integrated Retail Solution for The Jean Shop Limited
NSB announces that longtime client The Jean Shop Limited, who operates 46 Eclipse stores across Eastern Canada, has selected NSB's Connected Retailer Managed Services offering.
http://nsbgroup.com
Fujitsu Launches ''In Touch with Retailing''
(BUSINESS WIRE)--Fujitsu Transaction Solutions Inc. is launching a new marketing communications campaign to promote its partnering philosophy and its expertise in providing information technology solutions for consumer transaction environments.
http://biz.yahoo.com/bw/050811/115010.html?.v=1
Statitude: Men More Likely to Use Self-Checkout
NBC 10 Consumer Reporter Audrey Laganas reported that men are more likely than women to use self-serve checkout lanes at stores, according to a new survey.The study by the IHL Consulting Group said men are 17 percent more likely than women to use a self-checkout lane. They are 60% more likely to say they use self-checkout "all the time."
http://www.turnto10.com/consumerunit/4840222/detail.html
DATA WAREHOUSING, BUSINESS INTELLIGENCE, CRM, LOYALTY SYSTEMS
Rent-A-Center Selects BusinessObjects XI for Enterprise Performance Management
SAN JOSE, Calif. & PARIS--(BUSINESS WIRE)--Aug. 3, 2005--Business Objects (Nasdaq:BOBJ - News; Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions, today announced that Rent-A-Center, the nation's largest rent-to-own operator, has selected BusinessObjects(TM) XI as its enterprise business intelligence standard.
http://biz.yahoo.com/bw/050803/26120.html?.v=1
eTouchPoint.com Announces On-Demand Customer Relationship Management Services
(BUSINESS WIRE)--eTouchPoint.com, the leader in next-generation On-Demand Customer Relationship Management Services, today announced another first in delivering best-in-class customer satisfaction and employee retention.
http://biz.yahoo.com/bw/050812/125527.html?.v=1
CRM Market Rife with Dissatisfied Customers
According to a Forrester Research report released on Wednesday, the customer-relationship management (CRM) market is rife with dissatisfied customers who are betting millions of dollars on products and services that do not fully satisfy their needs.
http://www.crm-daily.com/news/CRM-Market-Rife-with-Dissatisfaction/story.xhtml?story_id=100005XEKFK8
E-COMMERCE, INTERNET APPLIANCES
5 Retailers Select Ecometry Commerce Suite
Ecometry Corp., a leading supplier of software for multi-channel commerce, reported that five new customers have selected the company's flagship product, the Ecometry Commerce Suite.
http://www.ecometry.com
ShopLocal Selects WebTrends 7 On Demand to Optimize Web-to-Store Shopping Services
(MARKET WIRE)--WebTrends announced that ShopLocal has selected WebTrends 7 On Demand to measure and optimize The ShopLocal Network and its SmartCircular and Smart Catalog services. ShopLocal.com plans to leverage WebTrends to improve the web-to-store shopping experience for consumers on ShopLocal.com and its clients' retail web sites.
http://biz.yahoo.com/iw/050802/092182.html
Costco Implements Coremetrics for Detailed Analysis of Online Customer and Visitor Behavior
SAN MATEO, Calif., Aug. 2 /PRNewswire/ -- Coremetrics, the leading provider of hosted Web analytics and precision marketing solutions, today announced that Costco Wholesale Corp. has implemented Coremetrics to track and analyze comprehensive customer and visitor behavior for the www.costco.com Web site.
http://biz.yahoo.com/prnews/050802/sftu028.html?.v=20
Carolina Petroleum Selects TelaPoint's Internet Petroleum Supply Chain Solution
LOUISVILLE, Ky., Aug. 15 /PRNewswire/ -- TelaPoint, Inc., a leading Internet supply chain software provider for the Convenience Store and Petroleum industry, announced today that Carolina Petroleum Distributors, Inc. has implemented its TelaFuel Internet software solution to streamline and manage its fuel marketing and transportation scheduling processes.
http://biz.yahoo.com/prnews/050815/clm009.html?.v=13
Overstock.com Stocks Up on Oracle CRM and Oracle Fusion Middleware
Redwood Shores, Calif. 08-AUG-2005 Overstock.com, one of the world's largest and fastest-growing online retailers, announced it is standardizing on Oracle CRM applications and Oracle Fusion Middleware.
http://www.oracle.com/corporate/press/2005_aug/overstock_final1.html
ENTERPRISE PLANNING / GENERAL PURPOSE (ERP, ASP, Host Systems, Accounting)
QSR Automations Expands Use of its Complete Kitchen Management Solutions
(BUSINESS WIRE)--QSR Automations announced that Brinker International is implementing its ePic Kitchen Management Solution - including the ePic Kitchen Display Software and ePic video controller with QSR's KP-3000 keypad - within all company owned On The Border Mexican Grill & Cantina and Corner Bakery Cafe restaurants.
http://biz.yahoo.com/bw/050802/25139.html?.v=1
Pegasus Solutions and Open Hospitality Announce Strategic Agreement
Pegasus Solutions, Inc. and Open Hospitality, Inc. announced an agreement to include a newly integrated version of Open's interactive Web services in Pegasus' suite of service offerings to hotels.
http://www.hospitalityupgrade.com/
Johnson Outdoors to Consolidate EDI Systems with SPS Commerce
(BUSINESS WIRE)--SPS Commerce announced that Johnson Outdoors Inc. has selected the SPS solution as its corporate-wide standard for all of its EDI. Starting this fall, Johnson Outdoors will begin a total company migration to the SPS service, replacing all existing EDI software, and integrate the EDI solution with its Oracle JD Edwards software.
http://biz.yahoo.com/bw/050810/105013.html?.v=1
ASDA Selects the Kronos Workforce Central Solution
ASDA has completed the successful roll out of Kronos Workforce Central at all its UK Distribution Centres. The Kronos system allows ASDA to manage employees' time and attendance, leave, Working Time Directive compliance, and interfaces directly with the company's HR system and payroll solution.
http://www.retailsolutions2005.co.uk/2005/augustnews_kronos.html
Oracle Takes Over i-flex
There was speculation about Oracle acquiring an interest in i-flex, an Indian company that specializes in banking e-business applications. Now it turns out that the speculation was accurate, with Oracle having poured over $900 million into the company to take over Citibank's 41 percent stake.
http://www.line56.com/articles/default.asp?articleID=6776&TopicID=6
Early Adopter Friendly Ice Cream Corporation Goes Live with Lawson 8.1.0 Technology
ST. PAUL, Minn.--(BUSINESS WIRE)--Aug. 15, 2005--Lawson Software (Nasdaq:LWSN) today announced the availability of Lawson 8.1.0 Technology for IBM-AIX and HP-UX platforms, which significantly enhances security capabilities and improves performance while enabling clients to use industry-standard application servers.
http://biz.yahoo.com/bw/050815/155200.html?.v=1
RFID TECHNOLOGY
Expanded NCR Demonstration Center in Atlanta Will Advance Transition to New Era of RFID Solutions
(BUSINESS WIRE)--NCR Corporation announced "TransitionWorks," a newly expanded radio frequency identification (RFID) demonstration center located in Atlanta.
http://biz.yahoo.com/bw/050802/25666.html?.v=1
Intelligent Systems Chooses IBM to Help Deliver On Demand Solutions
(MARKET WIRE)--Intelligent Systems announced that it has joined IBM's PartnerWorld Industry Networks. The company, a division of MeadWestvaco Corporation, can now take advantage of IBM's sales, marketing and technical expertise to develop and deliver on demand solutions that meet customer requirements in the retail item-level RFID industry.
http://biz.yahoo.com/iw/050802/092193.html
RFID and China
China is the manufacturing capital of the world and the largest market for technology. Currently, the country is home to 95 million Internet users.
http://www.rfidjournal.com/article/articleview/1758/1/128/
MARC Global Expands Partnership with Alien Technology
MARC Global announced an expanded partnership with Alien Technology Corporation, a leading provider of Radio Frequency Identification products. MARC Global, with its robust RFID Enabler solutions, will resell Alien Technology RFID readers and tags to a broad market base.
http://www.marcglobal.com
The Second Wave of RFID Technology
RFID system costs have come down, finally making the technology's return on investment attractive. While several years ago, the simplest RFID tags cost $1 to $5, they now sell for 25 cents to 50 cents. And tag prices are still dropping.
http://www.cio-today.com/story.xhtml?story_id=03000000O9Q6
Target Awards I.D. Systems with Maintenance Contract, New Orders
HACKENSACK, N.J., Aug. 15 /PRNewswire-FirstCall/ -- I.D. Systems, Inc. (Nasdaq: IDSY), a leader in wireless asset tracking and management solutions, today announced that it has been awarded a maintenance contract by Target Corporation (NYSE: TGT) to support I.D. Systems' Wireless Asset Net fleet management system.
http://biz.yahoo.com/prnews/050815/nym003.html?.v=20
Packaged RFID, Inc. Announces Alliance with Independent Professional Management on RFID Initiatives
DENVER--(BUSINESS WIRE)--Aug. 15, 2005--Packaged RFID (OTC:RFDL - News) today announced an alliance with Independent Professional Management (IPM) establishing IPM as an integral part of Packaged RFID's integration initiatives for small to medium-sized Wal-Mart suppliers.
http://biz.yahoo.com/bw/050815/155607.html?.v=1
RFID Will Help Keep Perishables Fresh
Aug. 3, 2005 Roughly 10 percent of all perishable goods (fresh produce and other food products) goes to waste before consumers purchase it. As such, retailers have a particular challenge: How do you keep perishables in stock and on the shelves without having them spoil?
http://www.rfidjournal.com/article/articleview/1775/1/1/
RFID Opponent to Publish Book
Aug. 1, 2005 Katherine Albrecht, founder of Consumers Against Supermarket Privacy Invasion and Numbering (CASPIAN) and a vocal opponent of RFID technologies, has written a book entitled "Spychips: How Major Corporations and Government Plan to Track Your Every Move with RFID".
http://www.rfidjournal.com/article/articleview/1770/1/1/
SUPPLY CHAIN, MERCHANDISING, CATEGORY MANAGEMENT, INVENTORY MANAGEMENT, PRICING MANAGEMENT
BTG-Jianguo Hotels and Resorts Selects TravelCLICK's iHotelier Central
PRNewswire/ -- TravelCLICK, through a partnership with Beijing Great Consulting Co., Ltd., has reached a multi-year agreement with BTG-Jianguo Hotels and Resorts to provide GDS and website connectivity via the iHotelier central reservation system.
http://biz.yahoo.com/prnews/050801/cgm014.html?.v=16
CommerceHub Announces Availability of Partner Relationship Management Application
(MARKET WIRE)--eTail 2005 Conference -- CommerceHub announced at the eTail 2005 conference that it has launched a supply chain industry first -- Partner Relationship Management application.
http://biz.yahoo.com/iw/050802/092161.html
Shoe Carnival Selects Oracle's ProfitLogic Retail Profit Optimization Solution
Oracle announced that Shoe Carnival has selected Oracle's ProfitLogic Retail Profit Optimization Solution to use across Shoe Carnival's 266 U.S. stores.
http://www.oracle.com/corporate/press/2005_aug/finalshoecarnivalpressrelease4c_0.htm
Pearl Music Europe BV Continues Global Roll-Out of Manhattan Associates' WMS Solution
UTRECHT and ATLANTA - August 2, 2005 - Manhattan Associates, Inc. (Nasdaq: MANH), the global leader in providing supply chain execution and optimization solutions, today announced that Pearl Music Europe BV has successfully implemented the Warehouse Management component of Manhattan Associates' Integrated Logistics Solutions at its distribution center in Venlo, the Netherlands.
http://www.manh.com/news/pearl_europe_wm.html
Casino Group Licenses JDA's New Microsoft .NET-based Advanced Replenishment Software
Scottsdale, Ariz. JDA Software Group, Inc. announced that Casino Group, a $29 billion food retailer with more than 8,300 stores in 11 countries, licensed the new JDA Portfolio advanced replenishment software developed on Microsoft .NET in second quarter 2005.
http://www.jda.com/PRDisplay.asp?ID=1542
Charlotte Russe Goes Live with JDA Software in Five Months
Scottsdale, Ariz. August 4, 2005 JDAᆴ Software Group, Inc. announced that Charlotte Russe Holding, Inc. (Nasdaq: CHIC), a 370 store mall-based specialty apparel and accessories retailer, implemented several JDA Portfolio applications in just five months for its contemporary fashion Rampage chain.
http://www.jda.com/PRDisplay.asp?ID=1543
CommerceHub and Costco Extend Relationship for Supply Chain Support
ALBANY, NY--(MARKET WIRE)--Aug 1, 2005 -- CommerceHub, a leading provider of fulfillment and integration solutions for retailers operating in multi-channel environments, today announced a contract expansion with Costco, a leading international operator of membership warehouses, to continue support of the company's United States and Canadian .com operations.
http://biz.yahoo.com/iw/050801/092008.html
RETAILER AND GENERAL ECONOMIC NEWS
Wal-Mart Worried about Gas Prices
While Wal-Mart Stores blamed higher gas prices for cutting into its sales in the second quarter, CEO Lee Scott said Tuesday he's concerned that the worst may be yet to come. Tom Schoewe, Wal-Mart's chief financial officer, chimed in during the call, adding that Wal-Mart was hit with a double-whammy because of the escalating price of fuel. On one hand, higher gas prices will continue to cut into the pocketbooks of Wal-Mart's predominantly low-to-mid-income customers.
"That will impact our operating income," Schoewe said. Wal-Mart maintains that it averages about 100 million customers a week to its stores, making the retailer a good barometer of the mood of the consumer. At the same time, Schoewe said more expensive fuel was costing Wal-Mart more on the back end of the business, primarily to use its vast trucking fleet to move freight around the country to its stores.
http://money.cnn.com/2005/08/16/news/fortune500/walmart/index.htm?cnn=yes
Wal-Mart in French courtship?
Carrefour denied Monday it was holding talks with Wal-Mart, following a newspaper report that executives from the two companies met in what could be precursor to a bid for the French retailer."Carrefour denies that there have been any talks between Carrefour and Wal-Mart," said a company spokeswoman.
http://money.cnn.com/2005/08/15/news/international/carrefour_walmart.reut/index.htm
The Pantry to Acquire 13 Speedmart Food Stores in Alabama
(BUSINESS WIRE)--The Pantry announced that it has signed a definitive agreement to acquire 13 convenience stores in Alabama from Chatham Oil Company, Inc., which has been operating the stores under the Speedmart Food Stores banner.
http://biz.yahoo.com/bw/050802/25112.html?.v=1
Alliance Data Systems Top 100 Specialty Retailers
Shakeouts and consolidations in other retailer segments - department, drug and grocery stores, in particular - are expanding the possibilities for specialty stores as both suppliers and consumers seek new outlets for merchandise.
http://stores.org/archives/cover.asp
CNOOC Withdraws $18.4B Bid for Unocal
SHANGHAI, China (AP) -- Building anti-Chinese sentiment in Washington -- the key reason cited by Chinese oil company CNOOC for withdrawing its $18.4 billion offer for Unocal -- augers poorly for future economic ties between the two powers, analysts say.
http://biz.yahoo.com/ap/050803/unocal.html?.v=4
Store Expansions Should Drive New Growth
When it comes to financial performance, you don't get much better than Bed Bath & Beyond.
http://biz.yahoo.com/ibd/050802/newamer.html?.v=1
Sales of Chile's Top Retailers Seen Higher
SANTIAGO, Chile, Aug 2 (Reuters) - Rising Chilean consumer demand spurred by improved economic conditions is seen driving sales growth at two of the nation's top retailers in the first half of the year.
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh47368_2005-08-02_20-24-40_n02632839_newsml
Duane Reade Holdings, Inc. Reports Second Quarter and First Half Financial Results
NEW YORK, Aug. 2 /PRNewswire/ -- Duane Reade Holdings, Inc. today reported financial results for the second quarter and first half ended June 25, 2005.
http://biz.yahoo.com/prnews/050802/nytu084.html?.v=14
The Indian Tiger
In what could become the world's most significant 21st-century strategic alliance, a strengthened partnership is forming between the two largest English-speaking democracies: the United States and India. President Bush and Indian Prime Minister Manmohan Singh cemented bilateral ties in recent White House talks, paving the way for greater trade, investment and technological collaboration.
http://www.washtimes.com/commentary/20050807-095653-2249r.htm
Many Unhappy Returns for Retailers
Time was when retail-return fraud meant buying an expensive dress or suit for a big soire and returning the rumpled item, tags intact, the next day for a refund. But today's scams are far more sophisticated -- and costly.
http://www.businessweek.com/bwdaily/dnflash/aug2005/nf2005085_9756_db016.htm
Retail Brand to Sell Casual Corner
Retail Brand Alliance Inc. will sell all 550 Casual Corner stores to Gordon Brothers Group LLC, a Boston-based retail liquidator. Casual Corner is a women's clothing chain that has been struggling recently.
http://www.chainstoreage.com/
Former Kmart CEO Cleared of Wrongdoing
CHICAGO, Aug 15 (Reuters) - A former Kmart chief executive officer, whom the company accused of contributing to its 2002 bankruptcy, has been cleared of wrongdoing in a civil lawsuit filed by the retailer's former creditors, the Detroit News reported on Monday.
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh96854_2005-08-15_12-55-14_n15143308_newsml
Girl Power: Teen Girls Spend More Than Boys
MEDIA, Pa.--(BUSINESS WIRE)--Aug. 15, 2005--A recent study conducted by ICR indicates that teenage girls report outspending their male counterparts.
http://biz.yahoo.com/bw/050815/155634.html?.v=1
The Great Atlantic & Pacific Tea Company, Inc. Completes the Sale of A&P Canada
MONTVALE, N.J.--(BUSINESS WIRE)--Aug. 15, 2005--The Great Atlantic & Pacific Tea Company, Inc. (NYSE: GAP) today announced that its subsidiary, A&P Luxembourg S.a.r.l., has completed the previously announced sale of A&P Canada to METRO INC., a supermarket and pharmaceutical operator in the Provinces of Quebec and Ontario, Canada.
http://biz.yahoo.com/bw/050815/155673.html?.v=1
Koreans Try to Save Cathode-Ray Tube
TIJUANA, Mexico (AP) -- Samsung Electronics Co. has an odd sales pitch for one of its new televisions. A slide show for dealers features a drawing of a TV on a tombstone that reads, "The news of my demise is greatly exaggerated!"
http://biz.yahoo.com/ap/050814/television_transition.html?.v=2
Ahold to Acquire 67 Czech Supermarkets
NEW YORK (AP) -- Ahold Ltd., the Dutch owner of supermarkets and discount stores in Europe and the Americas, on Monday said it plans to acquire 67 Julius Meinl supermarkets in the Czech Republic from a unit of Austrian firm Julius Meinl International AG.
http://biz.yahoo.com/ap/050801/ahold_julius_meinl.html?.v=1
VENDOR FINANCIALS / GENERAL NEWS
NCR Names Bill Nuti President and CEO
(BUSINESS WIRE)--NCR announced that its board of directors has named William (Bill) Nuti to the posts of president and CEO of NCR, and elected him to the board of directors. The appointment takes effect on Aug. 8, 2005.
http://biz.yahoo.com/bw/050801/15366.html?.v=1
Washington's Lottery Invites GTECH to Negotiate New Long-Term Lottery Contract
WEST GREENWICH, R.I., Aug. 2 /PRNewswire-FirstCall/ -- GTECH Holdings Corporation (NYSE: GTK - News) today announced that its wholly-owned subsidiary, GTECH Corporation, has been selected by Washington's Lottery to negotiate a new long-term contract for a new online and instant lottery system, terminals, communications network, and ongoing services.
http://biz.yahoo.com/prnews/050802/netu028.html?.v=20
Leading Analyst Firm Positions IBM in North American Supply Chain Management Services Leader Quadrant
(MARKET WIRE) -- IBM Business Consulting Services announced that Gartner has positioned IBM in the leader quadrant in its 2005 Magic Quadrant for North American Supply Chain Management Service Providers*. IBM was also placed in the leader quadrant in this year's Gartner Magic Quadrant reports for Customer Relationship Management (CRM) service providers, in both North America and Europe and in Enterprise Resource Planning (ERP) in North America.
http://www.marketwire.com/mw/release_html_b1?release_id=92812
Microsoft Selects DigiPoS as Global Winner of Technology Innovation Award - Partner of the Year
With nearly 2000 entries submitted from around the globe, Microsoft announced DigiPoS Systems Retail Blade as their choice for their 2005 Global Technology
Innovation Award, Global Partner of the Year.
http://digipos-systems.com
Active Decisions Chooses IBM to Help Deliver On Demand Guided Selling Solutions
(MARKET WIRE)- Active Decisions announced it has achieved industry optimized status in IBM's PartnerWorld Industry Networks. Active Decisions can now take advantage of IBM's sales, marketing and technical expertise to develop and deliver on demand solutions that meet customer Guided Selling requirements in the retail industry.
http://biz.yahoo.com/iw/050811/092905.html
Manhattan Associates to Acquire Evant for $50 Million
Manhattan Associates here will acquire Evant, San Francisco, a supply chain planning and replenishment solutions provider, for $50 million
http://www.supermarketnews.com/viewemaillink.cfm?ID=8661
Park City Group, Cannon Solutions Ink Software Licensing and Consulting Services Agreement
PARK CITY, Utah--(BUSINESS WIRE)--Aug. 15, 2005--Park City Group, Inc. (OTCBB:PKCY) announced today that they have completed a three million dollar software licensing transaction with the Rosemount, MN based Cannon Solutions.
http://biz.yahoo.com/bw/050815/155339.html?.v=1
SSA Picks Up CRM Developer Epiphany
SSA Global Technologies has agreed to acquire CRM developer Epiphany for US$329 million in cash.
http://www.crm-daily.com/story.xhtml?story_id=37650
IBM Nabs DWL for Customer Data Integration
IBM Corp. last week fleshed out its already-strong data integration portfolio with the acquisition of privately-held DWL Inc., a leading provider of customer data integration (CDI) middleware.
http://www.tdwi.org/publications/Newsletters/BInews/display.aspx?id=7630