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CALIFORNIA NEWS ON FASTMOVING

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Petco opens new DC to keep pace with expansion - USA

Petco opens new DC to keep pace with expansion - USA

12/05/2016 - 14:45
Petco is expanding its store portfolio and distribution center network.  read more
Teen apparel retailer files for bankruptcy - USA

Teen apparel retailer files for bankruptcy - USA

08/04/2016 - 09:16
In a not unexpected move, beleaguered teen apparel retailer Pacific Sunwear of California Inc. filed for Chapter 11 bankruptcy court protection. read more
Westfield sells five malls in billion dollar deal - USA

Westfield sells five malls in billion dollar deal - USA

22/12/2015 - 09:43
Westfield Corp. announced Monday it has sold five of its U.S. shopping malls — totalling more than 6 million sq. feet of retail space across four states — to help fund a property development program. read more
Did back-to-school buying end summer slump? - USA

Did back-to-school buying end summer slump? - USA

08/09/2015 - 07:48
California - The back-to-school season traditionally gives retailers a much-needed boost, bringing traffic into stores in August. How did things turn out this year? read more
Cash is still king with U.S. shoppers - USA

Cash is still king with U.S. shoppers - USA

29/07/2015 - 12:48
California - A new survey details what methods Americans are using to pay for goods and services — and which ones are gaining steam. read more
Oracle launches new retail cloud services - USA

Oracle launches new retail cloud services - USA

09/04/2015 - 09:48
California – Oracle is releasing six new Oracle Retail cloud services that provide retailers with rapid access to enterprise-grade applications for managing critical e-commerce, customer engagement, order management, order fulfilment, loss prevention, and brand compliance operations. read more
eBay to cut 7 percent of workforce - USA

eBay to cut 7 percent of workforce - USA

23/01/2015 - 10:22
E-commerce giant eBay will slash 2 400 jobs - seven percent of its workforce - in the current quarter as it restructures and prepares to spin off its PayPal finance unit, it said Wednesday.  read more
Black Friday to be busiest shopping day of 2014 - USA

Black Friday to be busiest shopping day of 2014 - USA

20/11/2014 - 10:48
California – Black Friday (Nov. 28) is expected to be the busiest shopping day of 2014. According to data from in-store analytics provider RetailNext, it will be followed in order by four days in December: Dec. 20, 21, 13, and 19. read more
Wal-Mart centralizes IT approach - USA

Wal-Mart centralizes IT approach - USA

23/10/2014 - 10:16
California –- Wal-Mart Stores Inc. is reportedly developing a new centralised approach to how it prioritises and executes IT projects.  read more
RetailNext: Retail performance improves in 2014- USA

RetailNext: Retail performance improves in 2014- USA

11/09/2014 - 10:27
California – Retail performance has continued to improve throughout 2014. read more
California set to impose statewide ban on single-use plastic bags

California set to impose statewide ban on single-use plastic bags

08/09/2014 - 10:24
New York - California is on track to become the first state in the United States to impose a statewide ban on single-use plastic bags.  read more
RetailNext: July shopping trends show some improvement

RetailNext: July shopping trends show some improvement

13/08/2014 - 14:05
California – U.S. shopping trends showed some improvement in July 2014, although not all metrics experienced positive change, compared to the same month a year earlier.  read more
Facebook tests ‘buy’ button to help companies drive sales

Facebook tests ‘buy’ button to help companies drive sales

22/07/2014 - 13:41
California – Facebook is testing a new “buy” button designed to help businesses drive sales through Facebook in News Feed and on Pages.  read more
Facebook buys video ad company LiveRail

Facebook buys video ad company LiveRail

07/07/2014 - 14:50
California – Facebook has agreed to acquire LiveRail, an advertising technology company that helps companies serve better ads in the videos that appear on their websites and apps. read more
Flaw found in PayPal two-step authentication

Flaw found in PayPal two-step authentication

26/06/2014 - 11:17
California – Researchers at computer security firm Duo Security have discovered a flaw in the two-step method PayPal uses to authenticate account-holders. read more
Oracle acquires Micros

Oracle acquires Micros

25/06/2014 - 11:24
California – Oracle Corp. has acquired Micros Systems, a provider of integrated retail and hospitality enterprise solutions, for $5.3 billion. This figure is 27-times Micros’ current earnings. read more
Wal-Mart's tech lab buys Stylr mobile fashion app

Wal-Mart's tech lab buys Stylr mobile fashion app

18/06/2014 - 15:12
California- @WalmartLabs, the Silicon Valley-based tech R&D and innovation arm of Wal-Mart Stores, has acquired Stylr, a mobile fashion app that helps shoppers finds clothes in nearby stores. Terms of the deal were not disclosed.  read more
Apple in $3 billion deal to buy Beats Electronics

Apple in $3 billion deal to buy Beats Electronics

29/05/2014 - 10:43
California- In its largest deal ever, Apple said on late Wednesday that it is buying Beats Electronics LLC for $3 billion. Beats is a key player in the premium headphone market and is also in the streamlining music business.  read more
HP releases new POS systems

HP releases new POS systems

20/05/2014 - 09:27
California - HP has expanded its retail solutions portfolio with POS systems designed to maximize space and increase efficiency. read more