December 9, 2013 by MMR
Issue 12-09-2013
CARLISLE, Pa. — Giant Food Stores (Giant-Carlisle), a division of Ahold USA, has opened two new stores and launched Giant Pick Up service in several Pennsylvania communities. The chain also announced a third store opening to occur in December. Giant Food Stores (Giant-Carlisle), a division of Ahold USA, has opened two new stores and launched
December 9, 2013 by MMR
Issue 12-09-2013, Opinion
The recent news out of Bentonville, Ark., to the effect that, come February, Doug McMillon will be replacing Mike Duke as chief executive officer at Walmart did not come as a surprise to industry people. The recent news out of Bentonville, Ark., to the effect that, come February, Doug McMillon will be replacing Mike Duke
December 9, 2013 by MMR
Issue 12-09-2013, Opinion
The holiday selling season is under way, and early results point to a challenging environment for traditional retailers. The closely watched opening weekend, which used to begin on Black Friday but now extends to Thanksgiving, was disappointing. The holiday selling season is under way, and early results point to a challenging environment for traditional retailers.
December 9, 2013 by MMR
Issue 12-09-2013, Issues
November 18, 2013 by MMR
Issue 11-18-2013
TORONTO — Target Corp. is embarking on a major transformation as it confronts a swiftly changing consumer environment. This was the major theme that executives presented during the retailer’s Financial Community Day here recently. Target Corp. is embarking on a major transformation as it confronts a swiftly changing consumer environment. This was the major theme
November 18, 2013 by MMR
Issue 11-18-2013
TORONTO — Although Target Corp. has thus far fallen short of its sales goals in Canada, executives still expect to achieve their long-term objectives. Although Target Corp. has thus far fallen short of its sales goals in Canada, executives still expect to achieve their long-term objectives. During Target’s annual Financial Community Day, Tony Fisher, president
November 18, 2013 by MMR
Issue 11-18-2013
GOODLETTSVILLE, Tenn. — Dollar General Corp. has promoted Todd Vasos, its chief merchant, to the post of chief operating officer and hired David D’Arezzo as chief marketing officer. Dollar General Corp. has promoted Todd Vasos, its chief merchant, to the post of chief operating officer and hired David D’Arezzo as chief marketing officer. Vasos joined
November 18, 2013 by MMR
Issue 11-18-2013
AUSTIN, Texas — Whole Foods Market Inc. posted increased sales and profits in the fourth quarter, but its share price fell after it missed analyst targets and cut its full-year earnings forecast. Whole Foods Market Inc. posted increased sales and profits in the fourth quarter, but its share price fell after it missed analyst targets
November 18, 2013 by MMR
Issue 11-18-2013
NEW YORK — Cooler weather helped lift sales for some apparel retailers in October, despite the government shutdown at the start of the month that hurt consumer confidence. Other chains reported sales gains for consumables and prescription medications. Cooler weather helped lift sales for some apparel retailers in October, despite the government shutdown at the
November 18, 2013 by MMR
Issue 11-18-2013
BENTONVILLE, Ark. — Walmart kicked off the online holiday shopping season early this year, with a cyber sale event that began on November 1. But the amazingly low prices that appeared on Walmart.com the following week were the result of a technical glitch, the company said. Walmart kicked off the online holiday shopping season early
November 18, 2013 by MMR
Issue 11-18-2013
GREEN BAY, Wis. — Shopko Stores Operating Co. has opened five new Shopko Hometown stores, including three in Wisconsin. The openings bring the total of Shopko Hometown stores to 180. Shopko Stores Operating Co. has opened five new Shopko Hometown stores, including three in Wisconsin. The openings bring the total of Shopko Hometown stores to
November 18, 2013 by MMR
Issue 11-18-2013, Opinion
Mike Bloom, president of Family Dollar, appeared on "Undercover Boss" last week. Mike Bloom, president of Family Dollar, appeared on "Undercover Boss" last week. For the uninitiated, "Undercover Boss" is a weekly reality television program that asks company presidents and CEOs to assume an alias, then interact with their employees as an outsider would. Among