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Macy's CEO sees stores borrowing ideas from online
Apr 13th, 2012
TUCSON, Arizona (Reuters) - Imagine a kiosk inside a Macy's Inc store that pulls up customer reviews and lets shoppers pay on the spot, or an electronic concierge in the cosmetics section that can recommend skin care products across brands in the store that can best help with a blemish. These are some of the ideas inspired by how consumers shop online that the department store chain is either developing or planning to roll out further in its stores in the coming year. ... (Source: Reuters) -
LONDON (Reuters) - Royal Mail said annual profit had more than doubled on the back of an online shopping boom, providing a timely boost ahead of a stock market listing expected later this year. An initial public offering (IPO) of the state-owned firm, which has 150,000 staff and sales of 9.15 billion pounds, is expected to value Royal Mail at betwe... [Full Article]
BAGHDAD (AP) - Iraqi police and hospital officials say at least 11 people have been killed when gunmen opened fire on a row of liquor stores in Baghdad. (Source: Associated Press)... [Full Article]
NEW YORK (Reuters) - Prime Minister David Cameron is "open to all ideas" for returning Royal Bank of Scotland to private ownership but its finances must improve first, he told reporters on the last day of a three-day visit to the United States. Policy Exchange, the influential centre-right political think-tank, has urged the government to... [Full Article]
By James Davey LONDON (Reuters) - British supermarket chain Wm Morrison is investing more than 200 million pounds in a 25-year deal with online grocer Ocado, seeking to catch up with rivals in home delivery and sending Ocado shares to a record high. Morrison, which trails Tesco, Wal-Mart's Asda and J Sainsbury in annual sales, has suffered fal... [Full Article]
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