HEADLINES

The State of Holiday Returns

1/13/2016 - The highest rate of returns nationwide occurred on Dec. 26, when returns were more than two times the normal rate seen during the holiday season.

Hermes Debuts Smartful Omnichannel Software

1/13/2016 - Enabled by new organizational and IT infrastructure based on SAP, Smartful gives U.S.-based companies access to the same international, full-service options that Hermes previously only made available to large online retailers.

Rick Helfenbein Rises from AAFA Board Chairman to CEO

1/12/2016 - For the past 16 years, Helfenbein has directed the U.S. operations for Hong Kong-based apparel and footwear giant Luen Thai and was one of the key executives that helped grow the company into the largest publicly listed apparel, accessory and footwear manufacturer on the Hong Kong Exchange.

New IEEE Industry Group to Focus on Immersive Shopping Experiences

1/7/2016 - IEEE, dedicated to advancing technology for humanity, launch a new IEEE Standards Association (IEEE-SA) Industry Connections (IC) program aimed at bringing together diverse stakeholders from across technology, retail, research and standards development to build thought leadership around 3D body processing technology standards.

After Disappointing Sales, Macy's to Close 36 Stores

1/6/2016 - Macy's, Inc. announced a series of cost-efficiency and process improvement measures to be implemented early this year that will reduce SG&A expense by approximately $400 million while still investing in growth strategies.
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