Industry News

Macy's and Kaufmann's department store knocked out power to their businesses and sent them to the streets. It's an ordeal that has forced lawyers, Allegheny County court offices, insurance companies, and other tenants of the Downtown building to scramble to find space elsewhere. A popular restaurant has been temporarily forced out of..."/>
Safety inspections could lead to Allegheny Building reopening [Pittsburgh Post-Gazette]
Macy's new outlet store-- a first for the region. Shoes, bags, apparel and home decor will start lining shelves later this week in preparation for the opening of Macy's Backstage, The Outlet Store, on Labor Day weekend. Backstage-- the name takes a cue from the chain's flagship store at Herald Square and Broadway in New York-- will be housed on the first..."/>
Macy's Backstage opening soon at Monroeville Mall [Pittsburgh Post-Gazette]
Time Inc., one of the world's leading media companies, announced today that Index Exchange, the principled exchange for publishers, will be the primary header bidding wrapper partner for the company's digital media portfolio, including its iconic brands-- People, Sports Illustrated, InStyle, Time and Real Simple. With this announcement, Time Inc. reinforces its commitment to header bidding and the advancements of programmatic advertising."/>
Index Exchange Rolls Out Industry Leading Header Bidding Wrapper
Mood Media introduced Mood Mix Pro with an add-on“ Social Mix” feature, a new music service designed to provide a previously unavailable level of interactivity in the playlists being experienced by in-store customers. Businesses with Social Mix open up a new world of fun, engagement and interaction for their customers and employees alike, allowing in-store customers to view the live song lineup for the..."/>
Mood Media Hands the Customer a Virtual Remote Control to Influence Their In-Store Music Experience
Starbucks in Germany has selected the Berlin-based start-up FluxPort as a wireless charging partner. Guests in three Munich Starbucks Coffee Houses can now wirelessly charge their smartphone while enjoying their coffee. The charging pads, called FluxPorts, are smoothly integrated into tables and charge mobile devices via induction."/>
FluxPort Brings Qi Wireless Charging to Starbucks Coffee Houses
Johnson Controls and Methodist Healthcare have signed a $12.9 million technology contract that will play a significant role in helping modernize the healthcare system's flagship facility, Methodist University Hospital, in Memphis, Tennessee. "Methodist has always strived for continuous improvement of its facilities and clinical care model," said Richard Kelley, director of corporate facilities management at Methodist Healthcare."/>
Johnson Controls wins $12.9 million technology contract with Methodist Healthcare
Skullcandy, Inc., which creates world-class audio experiences through its Skullcandy ® and Astro Gaming ® brands, today announced the termination of the previously announced merger agreement with Incipio, LLC, and the entry into a new merger agreement with MRSK Hold Co. and MRSL Merger Co., entities affiliated with Mill Road Capital Management LLC. Under the terms of the Mill Road Merger Agreement, outstanding shares of..."/>
Skullcandy Enters into New Merger Agreement with Mill Road Capital; Terminates Incipio Merger Agreement
DSW Inc., a leading branded footwear and accessories retailer, is pleased to announce a new DSW in Mishawaka opening August 25, 2016.. Wilshire Plaza 5620 Grape Road Mishawaka, IN 46545. The new store will be stocked with name-brand and designer shoes and accessories at an extraordinary value, arranged in a convenient, self-service type experience."/>
DSW Announces New Store in Mishawaka, IN
Best Buy Co., Inc. has authorized the payment of a regular quarterly cash dividend of $0.28 per common share. The quarterly dividend is payable on October 4, 2016, to shareholders of record as of the close of business on September 13, 2016. The company had 316,787,987 shares of common stock issued and outstanding as of July 30, 2016.."/>
Best Buy Announces Regular Quarterly Cash Dividend
Dunkin' Brands Group Inc., Brinker International Inc., Chipotle Mexican Grill Inc., and Dave& Buster's Entertainment Inc.."/>
Restaurants Stocks on Investors' Radar -- Dunkin' Brands, Brinker Intl., Chipotle Mexican Grill, and Dave & Buster's Entertainment
AlarmForce Industries Inc. announced today that, after concluding a review of its residential subscription cancellation practice, the Company determined that it ought not to have continued charging monitoring fees in some jurisdictions for the period following certain residential customers' subscription cancellations until the equipment was returned. Accordingly, retroactive to August 1, 2013, residential customers who have been..."/>
AlarmForce Announces Change in Subscription Cancellation Practice
Best Buy Co Inc on Tuesday reported net earnings of USD198m, or diluted EPS of USD0.61, for the second quarter of fiscal 2017, ended 30 July 2016.. This was an increase over net earnings of USD164m, or diluted EPS of USD0.46, in the second quarter of fiscal 2016.. Revenue for the quarter were USD8, 533 m, as compared with USD8, 528 m in the second quarter of the prior fiscal year."/>
Best Buy’s net earnings up to USD198m in Q2 fiscal 2017
Gildan Activewear said on Tuesday that it completed the acquisition of 100% of the equity interest Peds Legwear on 22 August 2016.. Gildan is a manufacturer and marketer of quality branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery, and shapewear. It sells its products under its brands, including the Gildan, Gold Toe, Anvil, Comfort Colors, Alstyle, Secret, Silks, Kushyfoot, Secret Silky, Peds, MediPeds and Therapy Plus."/>
Gildan reports purchase of 100% equity in Peds Legwear
Hooker Furniture Corporation will present its fiscal 2017 second quarter and first-half financial results via teleconference and live internet web cast on Thursday afternoon, September 8 at 2:00 PM Eastern Time. The dial-in number for domestic callers is 877.665. 2466 and the number for international callers is 678.894. 3031.. Hooker's fiscal 2017 second quarter began on May 2, 2016 and ended July 31, 2016.."/>
Hooker Furniture to Host Second Quarter Earnings Call September 8
Comcast Corp.' s NBCUniversal division closed the acquisition of US-based animation studio DreamWorks Animation. The USD 3.8 bn deal was announced in April."/>
Cohn to Head Merged DreamWorks, Universal Television Animation TV Business
La-Z-Boy Inc. to a fiscal first quarter profit of $13.8 million, or 28 cents a share, on Tuesday, up barely 1 percent from the same period a year ago. For the quarter last year, the Monroe-based furniture maker's profits were $13.7 million, or 27 cents a share. Sales this year for the quarter slipped to $340.8 million from $341.4 million a year ago."/>
La-Z-Boy's 1st quarter profit posts tiny rise [The Blade, Toledo, Ohio]
Liberty Interactive Corporation announced today that its wholly owned subsidiary Liberty Interactive LLC has closed its previously announced private offering of $750 million aggregate principal amount of its 1.75% exchangeable senior debentures due 2046, including debentures with an aggregate principal amount of $75 million issued pursuant to the exercise of an option granted to the initial purchasers. Upon an exchange of debentures, the Company,..."/>
Liberty Interactive Closes Private Offering of $750 Million of 1.75% Exchangeable Senior Debentures Due 2046

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