ATLANTA and DRAPER, Utah – Home furniture and appliance lender Aaron's In (NYSE:AAN) announced this morning that it has acquired web-based merchandise financier Progressive Finance Holdings, LLC ("Progressive") in an all-cash transaction valued at approximately $700 million.
NEW YORK – Adverse weather conditions throughout the fiscal month made February a challenging environment for retail sales, but chain store sales peeped out from negative territory into positive the final week of the month as increased retailer promotions enticed some consumers to shop and spend.
FPN & NCR Silver mobile POS. Photo from NCRSilver webpage
ORLANDO – Credit card processing firm Franchise Payments Network announced yesterday that it will showcase the new NCR Silver point of sales (POS) for mobile tablets at this weekend's International Franchise Association convention in New Orleans.
Chrysler dealership sign in a small town. photo/bmm
Attending this weekend's National Automobile Dealers Association convention in New Orleans, American dealers seemed revved up about their franchisor Chrysler becoming a wholly owned subsidiary of Italy's Fiat SpA.
Having walked away from a franchise model for its Apple stores in America because it wanted control of how it touched consumers, Apple is rumored to be looking to franchise in smaller markets in India.
I had the opportunity to present to a technology company’s advisory board, a table full of eight or nine different retailers, representing the full breadth of retail verticals and sizes. I ran through the current state of omni-channel, expecting to breeze through the first few and delve deeper into topics like the future of the store. That was not to be.
Last week I gave a webinar to a group of financial advisors and investor types on the transition to digital coupons, and I also spent a few minutes on the phone with a grad student in London who was exploring her options for a research project on customer loyalty. You wouldn't think that these two activities had much in common, but actually, they both had one single theme: promotion addiction.