Retail Roundup—GameStop shifts its focus, Jo-Ann launches BOPIS

GameStop is shifting its focus. (Mike Mozart, CC BY 2.0)

GameStop closing 150 stores, shifting focus

After reporting an almost 14% drop in quarterly sales, GameStop announced it will close at least 150, or 2-3%, of its stores. As mobile gaming grows in popularity, the retailer will shift its focus to more diverse offerings. (USA Today)

Jo-Ann launches BOPIS

Craft and fabrics retailer Jo-Ann has announced the launch of buy online, pick up in store (BOPIS). The service is now available in all 862 locations around the country. The retailer currently offers more than 150,000 SKUs in fabric, craft and decor for purchase online and free pickup in a local store. (Business Wire)

Neiman Marcus to pay $1.6M for security breach

Neiman Marcus has agreed to pay $1.6 million to settle a class-action suit over a data breach that leaked the credit card information of 350,000 customers. The retailer is liable for the breach, which occurred in December 2013, because it did not take adequate security measures and kept the hack a secret from customers during the holiday shopping season. (CFO)

Japanese grocery to open in Texas

Japanese grocery giant Mitsuwa plans to open its doors in Plano, Texas, on April 14. Although the company has existed for many years in California, it will be the first time the market opens in Texas. The company chose Collin County because of its growing Asian population. Beyond groceries, the market includes a food hall, a bookstore and more. (Dallas News)

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