Sears Holdings plans to spin off Lands’ End by distributing stock in the company to shareholders.
Bloomberg News -
Beginning today, Apple will begin using its iBeacon technology to send shoppers tailored messages based on where they are standing in any of its 254 U.S. stores.
The Associated Press/ABC News -
Amazon's grocery service test will be expanded to San Francisco beginning next week.
Montgomery County in Maryland is a microcosm of what is happening in the grocery business around the U.S. Traditional supermarkets such as Giant Food and Safeway are losing share to competitors, from drugstores to specialty grocers.
Sales of cigarettes and perishables helped the nation's largest dollar store chain achieve gains in customer traffic and rings.
Medill Reports Chicago -
The Securities and Exchange Commission has sent a letter of inquiry to J.C. Penney seeking information on the department store chain's liquidity, debt, and about a public offering of common stock announced in September.
Reuters/Yahoo Finance -
Consumers who realize they forgot to buy a present at 3:00 a.m. on Dec. 23 should have no fear. A Kohl's store nearby will be open around the clock.
Fox 28 -
Consumers using tablets and smartphones are making 40 percent of online purchases this year.
USA Today -
A program encouraging friends to buy each other coffee using Twitter (@tweetacoffee) has resulted in $180,000 in purchases at Starbucks since its launch in October.