Walgreens Wants To Sell You Food Now

Walgreens Wants To Sell You Food Now

Walgreens told Bloomberg News that the company is looking into selling fresh food and prepared meals–things like salads, cut fruits, and sandwiches. From RetailWire:

Details of the program were sketchy, including when it would launch. […] The drugstore chain has been in talks with food manufacturers, mentioning Unilever, Nestle and Sara Lee, about creating private-label and branded products for the initiative. [More]

Whole Bunch Of Store Credit Cards Add $1 Paper Statement Fee

Whole Bunch Of Store Credit Cards Add $1 Paper Statement Fee

Last week, I mentioned in passing that World Financial Network National Bank, home of more retail-branded credit cards than you can fit in the average wallet, is adding a “paper statement fee” to all of their credit cards. And if you use store credit cards at all, the odds are pretty good that you have a WFNNB card in your wallet. [More]

Stores Worried About Employees Using Gift Cards To Steal

Stores Worried About Employees Using Gift Cards To Steal

Gift cards may encourage spending, but they also make it easy for employees to steal, writes the New York Times.

Among the variations of such crimes, cashiers often do fake refunds of merchandise and then, with the amount refunded, use their registers to electronically fill gift cards, which they take. Or sometimes when shoppers buy gift cards, cashiers give them blank cards and then divert the shoppers’ money onto cards for themselves.

Watch Out For Stricter Post-Holiday Return Policies This Year

Watch Out For Stricter Post-Holiday Return Policies This Year

If part of your plans this week involve trading in some of your holiday gifts for sweet, sweet cash, you may need to plan ahead. According to the National Retail Federation, 17% of stores have tightened their return policies since the end of last year. What should you know before you try to bring back that magenta scarf or duplicate toy? [More]

What You Should Know About Store Credit Cards

What You Should Know About Store Credit Cards

It might be tempting to open a store-only credit card, especially when you’re about to make a big purchase and retailers offer big discounts to open an account on the spot. The problem is, that card you may only use a few times per year might hurt your credit score enough to outweigh a 15% discount on a new suit. These problems will persist even if retailers are forced to verify customers’ income before issuing them cards. [More]

Should Retailers Verify Customer Income Before Extending Credit?

Should Retailers Verify Customer Income Before Extending Credit?

One provision of the CARD Act requires credit issuers to verify income and debt load before issuing new credit, and the Federal Reserve is now looking at how to enforce that. That’s scaring retailers, who have come to enjoy the benefits of pushing “instant credit” offers at the register. [More]

Fry's Sells Magical Disappearing HDTVs To Customers

Fry's Sells Magical Disappearing HDTVs To Customers

The Fry’s store in Renton, Washington, just played a mean trick on at least half a dozen customers. This morning, Jeff successfully navigated through the crowd outside, the crowds inside, and no less than five different lines in order to purchase a 52″ TV. Everything went remarkably smoothly. Well, until the very end. [More]

Black Friday Doorbusters Are A Sleazy Way To Lure Customers

Black Friday Doorbusters Are A Sleazy Way To Lure Customers

Pay no attention to those ridiculously cheap TV sets and game systems—also called doorbusters—that retailers use to lure in hordes of holiday shoppers, notes CNN. They’re the equivalent of that little dangly thing anglerfish use to catch food.

See Which Retailers Offer Free Shipping

See Which Retailers Offer Free Shipping

The website istobe offers a daily free shipping report for over 500 online retailers, where you can quickly see whether there’s a minimum purchase requirement or if the retailer offers free shipping at all. It’s a good resource to use as you compare prices, and istobe says they update it daily.

Are You Ready To Go Shopping On Your Next Flight?

Are You Ready To Go Shopping On Your Next Flight?

American Airlines is beginning to experiment with turning flights into shopping opportunities, reports the New York Times. We’re not just talking about in-flight purchases of Sky Mall schwag, either: the paper reports that limousine services, tickets to theme parks and Broadway shows, and train tickets are some of the offerings being considered or currently being tested.

What Cheer? Consumers More Glum Than Ever

What Cheer? Consumers More Glum Than Ever

Retailers have been hoping that we’d enter the annual Festival of Shopping with higher spirits than last year, but it looks like that might not happen after all. The Reuters/University of Michigan consumer sentiment index was updated today, and it shows a drop to 66.0, “well below October’s reading of 70.6 and a sharp reversal of the 71.0 figure economists had expected.”

Store Theft In The US Jumped 8.8% Last Year

Store Theft In The US Jumped 8.8% Last Year

Maybe this is why stores seem to be getting more and more aggressive about shoplifting: CNN says that retail theft in the US jumped 8.8% over the past year, versus only 1.5% in the prior year. But you may be surprised (only if you’ve never worked retail) to see where most of the theft occurs.

Newly Frugal Behavior Is Permanent, Say Some Consumers

Newly Frugal Behavior Is Permanent, Say Some Consumers

A new study says that 26% of US consumers “have no plans to return to their free-spending ways,” which probably doesn’t sound like good news to retailers. Even worse (for retailers), about a third say they’ve become less loyal.

Sony's Ebook Store Prices Too High? Try Shortcovers

Sony's Ebook Store Prices Too High? Try Shortcovers

Michael bought a Sony Pocket Reader last month, but with the exception of $10 bestsellers, he’s finding that other books he wants are priced higher than he’s willing to pay. For example, Tad Friend’s memoir Cheerful Money is $10 on Amazon and at Barnes & Noble, but $17.49 from Sony. Michael wants to know if we have any advice on how to get Sony to lower their prices.

Layaway Making A Comeback

Layaway Making A Comeback

Sears and Toys R Us are among retailers who have brought back layaway programs to help boost sales, reports Eve Mitchell at the San Jose Mercury News. Not all stores think it’s worth the effort, so you won’t find it at JCPenney, Target, or Walmart. However, if you want to use layaway at retailers that don’t offer it, there are now websites that can help.

Walmart Prepares For New Push Into Major Urban Areas

Walmart Prepares For New Push Into Major Urban Areas

If you live in Chicago, New York City, or Philadelphia, expect to start hearing some noise about Walmart in the coming months. The retailer has announced that it’s going to “step up efforts to mobilize local political support” so that it can finally open stores in those cities, reports the Financial Times.

Radio Shack Opening Mobile Phone Kiosks In Target Stores

Radio Shack Opening Mobile Phone Kiosks In Target Stores

One problem I’ve always had when shopping for jacked-up prices is I can’t find enough crazy to go along with it. Same thing for the crazy: I know where to go to get cart-loads of that, but I can’t find the 2400% markup! What I need, clearly, is for Radio Shack to open up specialty kiosks inside Target stores, so then— oh hey! It’s the Bullseye Mobile Solution!

Best Buy Can Now Overcharge New Yorkers 'Round The Clock

Best Buy Can Now Overcharge New Yorkers 'Round The Clock

If you like Best Buy, come to New York City! In November the company will open its first 24-hour store, in the remodeled carcass of the Circuit City that formerly anchored Union Square. In fact, it’s probably best we call it the Circuit City Best Buy to avoid confusion. According to Best Buy’s PR department, the store will also feature “the largest Best Buy Musical Instruments Department in the United States.”