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‘retail’ Stories

OUYA to be sold at retail stores starting in June

, Feb 5th 2013 Discuss [0]

After OUYA's immense Kickstarter success, the company is looking to branch out and go mainstream. The portable Android-powered gaming console will begin selling in select retail stores starting in June. Best Buy, Target, and GameStop will sell the console for $99, the same price that Kickstarter backers have been paying for the device. Read The Full Story

Facebook announces the Facebook Card for offline gift giving

, Jan 31st 2013 Discuss [0]

A day after Facebook's Q4 2012 earnings, in which the company saw a spike in mobile users, they have announced the Facebook Card. Essentially, it's a gift card that can store multiple gift cards in one. Plus, the card will manage each balance from however many stores there are on the card. Users can manage their Facebook Card from the web or through the mobile app. Read The Full Story

Apple Store design and layout granted official US trademark

, Jan 30th 2013 Discuss [0]

If you were planning on opening a store selling your brand new computer brand with a setup that's not unlike the Apple Store, you'll probably want to re-think your strategy starting this week. Apple has officially been granted a trademark protecting their retail store design and layout by the US Patent & Trademark Office this week. The original trademark request application was made all the way back in May of 2010, so whatever you remember about the store design back then that's survived until now you'll want to avoid when knocking out your own store in the future. Read The Full Story

Retailers can now charge you to use a credit card

, Jan 29th 2013 Discuss [0]

As a result from an anti-trust settlement from a lawsuit filed back in 2005, retailers now have the ability to charge customers up to 4% of their purchase cost for using a credit card, as of January 27. The "checkout fee" applies to only credit cards -- not debit cards -- and can only be implemented in 40 states in the US, with California, New York, and Texas being some of the states where the surcharge is illegal. Read The Full Story

Newegg takes down infamous shopping cart patent troll

, Jan 28th 2013 Discuss [0]

You personally may not have heard of Soverain Software, but the company is well-known to many online retailers. While Soverain owns several patents, they're not a legitimate company, but rather a patent troll. They've been suing online retailers left and right for the past few years, claiming that their patent entitles them to 1% of every shopping cart transaction on the internet, but computer parts retailer Newegg.com finally took them down. Read The Full Story

Barnes & Noble to close 30% of stores within the decade [UPDATE]

, Jan 28th 2013 Discuss [0]

If you still love shopping for books by hand at your local Barnes & Noble, enjoy it while you can, because the company has announced that its cutting its store force by 30% within 10 years, lowering the total number of bookstores for the company down to 450 to 500 stores in the US. Right now, the company operates just under 700 locations, with a separate store chain of 675 college-focused stores. Read The Full Story

Apple Stores bring $6.4 billion revenue alone in Q1 2013

, Jan 23rd 2013 Discuss [0]

This week the folks at Apple have revealed the power of their retail Apple Store locations around the USA and throughout the world with a total of 11 new stores opening up and 396 stores in total in operation today. This update makes for a massive amount of stores owned and operated by Apple themselves, selling mostly their own products - 150 of these stores being outside the USA. This all leads to $6.4 billion dollars in revenue through retail sales alone in this past quarter. Read The Full Story

HMV collapses: CD retailer in administration as internet takes its toll

, Jan 15th 2013 Discuss [0]

Another hit for the high street, with UK retailer HMV announcing it has gone into administration and will seek a sale, after its CD and DVD business failed to sufficiently compete with internet merchants like Amazon and iTunes. The 239 UK stores will continue to operate while the hunt for a buyer is on, the company said, though if you've any HMV gift vouchers in your sock drawer, there's bad news: HMV won't be accepting any existing vouchers, nor issuing any more. Read The Full Story

Griffin launches two iOS-based POS platforms

, Jan 7th 2013 Discuss [0]

We're seeing a lot of retailers and restaurants using technology-based point of sale systems these days, and Griffin wants to be the one that they turn to before anyone else. This week at CES 2013, the company has announced two new point of sale solutions for restaurants and retailers alike. Griffin has decided that iOS is where its at when it comes to POS systems, with both of these new offerings using the iPad in some way, shape or form. Read The Full Story

Best Buy complains about Walmart’s iPhone 5 discount ad, loses $65K in one day

, Jan 4th 2013 Discuss [0]

If you remember, Both Walmart and Best Buy competed in a discount war with Apple's iPhone 5, where both retailers offered steep discounts on the new smartphone. Best Buy dropped the price down to $150 for the 16GB entry-level model, while Walmart dropped it to just $127. However, it turns out that Best Buy took quite a hit on profits that day, and the company is accusing Walmart of misleading customers with their iPhone 5 discount ad. Read The Full Story

Microsoft opening up six new store locations

, Dec 26th 2012 Discuss [0]

Microsoft announced today that they're opening up six new Microsoft Store locations at the beginning of the new year. These will be the first Microsoft Stores to open in 2013, and while the company didn't mention an exact date of when these six locations will open, it should be just soon after January 1. Read The Full Story

Google says they have no plans to become a retailer

, Dec 20th 2012 Discuss [0]

Despite rumors and recent acquisitions hinting at such a thing, Google has said that they have no plans to take on Amazon as a retailer directly, despite the company's efforts with helping out users with shopping needs. Google’s Vice President of Shopping, Sameer Samat, says that becoming a retailer wouldn't be "the right decision" for Google. Read The Full Story

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