All Posts Tagged Tag: ‘Retail’

JC Penney’s New Ad: You Came Back To Us, Thank You

A couple weeks ago, JC Penney put out an ad essentially begging customers to come back after alienating a third of them, and dropping holiday sales by 32%. The ad, which has since been set to private on YouTube, said, “It’s no secret, recently JCPenney changed. Some changes you liked and some you didn’t, but what matters with mistakes is …

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Will JC Penney’s Social Media Strategy Help It Win Back Customers?

Update: Interestingly JC Penney has now set the video to private. JC Penney has put out a video apologizing for alienating loyal customers, and essentially begging them to come back. Will it work? Let us know what you think in the comments. The basic gist goes like this: We did some stuff that upset you, and we’re acknowledging that we …

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J.C. Penney: $850 Million Borrowed to Shore Up Inventory

J.C. Penney today announced that it has borrowed $850 million from a revolving credit fund of $1.85 billion. The company stated that the money will be used to ensure the company’s liquidity and replenish inventory levels. “Earlier this year, we increased our revolving credit facility in anticipation of operating, working capital and capital expenditure needs, especially during the first half …

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Adobe Phasing Out Boxed Retail Copies Of CS6

Do you still purchases boxed retail versions of software? If so, you might want to grab a boxed copy of Adobe’s Creative Suite 6 as the company is beginning to phase out its retail offerings. Adobe told multiple outlets today that it will be discontinuing its retail offerings of Creative Suite 6 and Acrobat. An Adobe spokesperson provided the the …

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Minecraft Xbox 360 Edition Makes Its Way To Retail In April

Minecraft Xbox 360 Edition has already proven to be the best selling Xbox Live Arcade title ever released on the platform. Now the indie hit has a chance to become the best selling retail Xbox 360 game of the year. Microsoft announced today that it will be launching a retail version of Minecraft Xbox 360 Edition in stores on April …

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Facebook Suggests Gifts for Your Baby-Having Friends, Even Inside Statuses That Aren’t Baby-Related

We’re learning more and more about how Facebook plans to promote their new Gifts program. Last week, we saw that Facebook was beginning to suggest that you give gifts when friends post celebratory statuses. Facebook has been suggesting that you give gifts to your friends on their birthdays and when they get engaged or married for some time. That’s not …

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HMV to Close Even More Stores, Lay Off 464 More Employees

U.K. Electronics retailer HMV is set to close 37 more stores and lay off 464 more employees. This is in addition to the 66 store closures and 930 employee lay offs that were announced earlier this month. No date has been set for the store closures, but individual stores will be closing in the next four to six weeks. Adding …

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Best Buy Adopts Online Price-Matching

Over the holiday season, Best Buy began offering its customers price-matching on products that can be found for lower prices at online retailers. The move was meant to curb incidences of “showrooming” – the term that refers to customers who use physical retailers as a space to look at and research products before purchasing them online. That holiday-time policy must …

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Google Retail Stores On The Way?

Google is planning on opening up retail stores in major metropolitan areas by the end of the year, according to a report from 9to5Google. Seth Weintraub, who notes that Google already has a retail presence in a number of Best Buys and PCWorld/Dixon’s stores, reports (citing a “reliable source”) that Google is in the process of building stand alone retail …

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Still Can’t Find A Surface Pro? Check Back Again Later This Week

The Surface Pro is selling out pretty much everywhere. Consumers hoping to grab Microsoft’s latest tablet/laptop hybrids have been met with disappointment after stores across the nation sold out almost immediately. Now Microsoft is working to get more stock into stores by the end of the week, but you still might not get one. In a quick post from the …

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Blockbuster Closing 300 More Stores in the U.S.

As media consumption shifts to streaming and downloaded products, retailers of physical entertainment media are being forced to change rapidly or die ignoble deaths. At the same time that Blockbuster U.K. has entered administration (bankruptcy) and announced 160 of its stores across the U.K. will be closing, Blockbuster in the U.S. is having similar difficulties. Dish Network, the parent company …

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Blockbuster U.K. to Close 160 Stores, More Closings Possible

Last week Blockbuster U.K. announced that it would be entering administration and begin looking for a buyer for its 528 stores across the U.K. Today, the real process of closing up shop has started and store closings have been announced. Deloitte, the firm administering Blockbuster, has announced that 160 Blockbuster stores in the U.K. will be closing. The possibility of …

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