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Retail News
Walmart to Bring New 'Walmart Smart Network' to 2700 Stores
First 'shopper-intelligent network at retail' utilizes screens throughout the store, custom content, message optimization and IPTV

Suitmakers hit hard as retailers want discounts
LAS VEGAS - Competition and a move away from tailored dressing, only exacerbated by a weak economy, are hurting the men's suit business hard, and retailers are adding to manufacturers' pain by demanding more discounts... Visit Reuters Website

K-12 Schools Nationwide Invited to Apply for 2009 Best Buy Teach Awards
Rewards schools that engage students, help minimize dropout rates

Macy's says 2Q profit falls, cuts outlook for year
NEW YORK - Macy's Inc. posted a lower second-quarter profit Wednesday and warned that its full-year earnings will be below expectations. That, along with a pared-down outlook from a key supplier and a somber government report on retail sales in July, suggests a persistent slowdown for retailers as they face the critical back-to-school and holiday shopping seasons.... Visit Associated Press Website

THREE UNFORGETTABLE DECADES
BANANA REPUBLIC CELEBRATES ITS 30th ANNIVERSARY WITH NEW FALL ADVERTISING CAMPAIGN, “THREE UNFORGETTABLE DECADES”

Best Buy to launch airport gadget vending machines
Best Buy Co. Inc. plans to add a dozen vending kiosks inside major airports across the country as part of a new pilot program called "Best Buy Express," company executives said... Visit Associated Press Website

MINI ANNOUNCES "MINI ROOFTOP NYC"
Cultural Festival Open to Public to Take Place on NYC Rooftop in September 2008.

Rentrak Retail Essentials and Home Video Essentials
Top DVD Sales and Rentals for Week Ending July 27, 2008

iTunes Leads the Way for Mobile Music Stores
Participants in this Strategy Analytics study were able to access, search for, preview, download and play music in the fewest clicks using iTunes compared to Nokia Music Store and Vodafone Music Station. iTunes received the highest user satisfaction ratings.

Apple Sells One Million iPhone 3Gs in First Weekend
CUPERTINO, California—July 14, 2008—Apple® today announced it sold its one millionth iPhone™ 3G on Sunday, just three days after its launch on Friday, July 11. iPhone 3G is now available in 21 countries—Australia, Austria, Belgium, Canada, Denmark, Finland, Germany, Hong Kong, Ireland, Italy, Japan, Mexico, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, UK and the US—and will go on sale in France on July 17.

adidas to Open World’s Largest adidas Brand Center in Beijing
At midnight on July 5, adidas will open its largest adidas Brand Center worldwide in Beijing, China, the host city of this year’s Olympic Games. For the first time ever, this new adidas Brand Center will offer products from both adidas divisions - Sport Performance and Sport Style including...

eBay told to pay $61M to fashion brand for fakes
PARIS - A French court ordered eBay Inc. to pay more than $61 million to a high-end fashion company Monday because counterfeit goods were sold on the auction site.... Visit Associated Press Website

19 DVD Titles Recognized for Excellence by the Entertainment Merchants Association
Indiana Jones Storms Into EMA’s Video Hall of Fame

iTunes Store Tops Over Five Billion Songs Sold
Apple Renting & Selling Over 50,000 Movies Per Day

FORD MUSTANG IS POPULAR CHOICE AMONG TEENS
When he was in his early teens, Dan Vanderlip, Jr., of Clinton Township, Mich., fell in love with the Ford Mustang, so much so that he was determined to buy one when he turned 16.

2007 California Wine Sales Continue Increase, As Wine Expands Its Popularity Among Americans
Fueled by strong gains in premium California wine volume, California wines sales to the U.S. continued to increase in 2007 to a record high 457 million gallons (192.1 million nine-liter cases), up 2% over the previous year. The retail value of these shipments increased 6% to $18.9 billion, according to the year-end summary in the Gomberg-Fredrikson Report.

Chrysler LLC Teams with eBay Motors as Sales of Certified Used Vehicles Rise
Chrysler LLC today announced a partnership with eBay to list their U.S. Chrysler, Jeep and Dodge Certified Pre-Owned (CPO) inventory on the new eBay Motors’ Certified Pre-Owned Showroom.

Video game sales up 37 percent to $1.12B in May
SAN JOSE, Calif. - U.S. retail sales of video games, consoles and game accessories hit $1.12 billion in May, a 37 percent rise over the same month last year, driven by the chart-topping Grand Theft Auto video game, market researcher NPD Group reported Thursday.... Visit Associated Press Website

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