June 25, 2018 by Greg Sparrow
GDPR, General Data Protection Regulation, Greg Sparrow
2018, Issue 06-25-2018, Issues
The General Data Protection Regulation (GDPR) is an important topic of conversation for U.S. companies as they prepare to comply with the new international regulations. The GDPR was adopted on April 27, 2016, and allotted a two-year post-adoption grace period for food retailers to strategize and implement their compliance initiatives. With only three months left,
June 11, 2018 by MMR
Doug McMillon, Walmart’s Associate and Shareholders Meeting
2018, Issue 06-11-2018, Issues
FAYETTEVILLE, Ark. — At Walmart’s Associate and Shareholders Meeting here at the beginning of this month, president and chief executive officer Doug McMillon gave a nod to the company’s past while staying focused on its future and the drive to find new ways to grow and serve customers. This year Walmart celebrated the 100th anniversary
June 11, 2018 by MMR
Kmart, Sears, Sears Holdings
2018, Issue 06-11-2018, Issues
HOFFMAN ESTATES, Ill. — Sears Holdings Corp. has identified 100 unprofitable stores and will shutter 63 of them in early September. Liquidation sales at 48 Sears outlets and 15 Kmarts will begin as early as June 14. The company announced the closings while reporting its first quarter results, which included a drop of more than
June 11, 2018 by MMR
Chapter 11, Southeastern Grocers
2018, Issue 06-11-2018, Issues
JACKSONVILLE, Fla. — Southeastern Grocers announced it has completed a financial restructuring under chapter 11 of the Bankruptcy Code and is poised to compete in an unforgiving retail environment. The owner of the Winn-Dixie, BI-LO, Harveys and Fresco y Más grocery chains said bankruptcy protection allowed the company to transform its financial profile and reduce
June 11, 2018 by MMR
BJ's Wholesale Club, CVC Capital Partners Ltd., Leonard Green & Partners LP
2018, Issue 06-11-2018, Issues
WESTBOROUGH, Mass. — Warehouse club operator BJ’s Wholesale Club Inc. recently filed with regulators to return to the public market, despite a downturn in the retail sector. The company, which was taken private in 2011 for $2.8 billion by private equity firms Leonard Green & Partners LP and CVC Capital Partners Ltd., will list on
June 11, 2018 by MMR
Johannes Fieber, Lidl U.S.
2018, Issue 06-11-2018, Issues
ARLINGTON, Va. — Lidl U.S. has a new president and chief executive officer — Johannes Fieber was appointed last month to oversee the German company’s expansion in the United States. Fieber, a 10-year Lidl veteran who previously served as CEO of Lidl Sweden, succeeds Brendan Proctor, who had been in charge of U.S. operations since
June 11, 2018 by MMR
Boosted Products, Kroger, Kroger Precision Marketing platform
2018, Issue 06-11-2018, Issues
CINCINNATI — Kroger Co. rolled out a new consumer packaged goods search service that connects its acumen in data and personalization. The self-service marketing platform, called Boosted Products in Search, allows CPG brands to reach digitally savvy shoppers with “hyper-relevant” products in search results across Kroger digital properties, as well as view performance in real
June 11, 2018 by MMR
Mintel, online shopping
2018, Issue 06-11-2018, Issues
CHICAGO — While online shopping is almost universal in the U.S., more than half (53%) of Americans are concerned about the safety of products bought online, according to new research from Mintel. The study revealed that young consumers are exercising the greatest caution when shopping online, with almost two-thirds (63%) of 18- to 24-year-olds expressing
June 11, 2018 by Jeffrey Woldt
brick-and-mortar, Flipkart, Jeffrey Woldt, Walmart
2018, Issue 06-11-2018, Issues, Opinion
Anyone who questions whether the primary battleground for the world’s top retailers has shifted from brick-and-mortar stores to the omnichannel realm would do well to consider the series of significant developments that has unfolded in recent weeks. The lead story in the last edition of Mass Market Retailers was about Walmart’s $16 billion investment for
June 11, 2018 by Scot Meyer
National Retail Federation, Scot Meyer, tariffs
2018, Issue 06-11-2018, Issues, Opinion, Videos
The National Retail Federation is once again using a funny TV commercial in an effort to send a serious message. Last year the trade group had a hit with what looked like one of those late-night commercials for dubious products. The commercial, which ran during the Fox News Channel’s “FOX & Friends,” and during NBC’s
May 21, 2018 by MMR
Asda Group PLC, Flipkart Group, J. Sainsbury PLC, Walmart
2018, Issue 05-21-2018, Issues
BENTONVILLE, Ark. — Walmart is venturing into online retailing in India while retreating from brick-and-mortar operations in the United Kingdom. The company is acquiring a majority share in Flipkart Group, India’s largest online retailer, while planning to merge its Asda Group PLC supermarket unit in the U.K. with larger rival J. Sainsbury PLC. Subject to
May 21, 2018 by MMR
Amazon.com, Sears Holdings Corp.
2018, Issue 05-21-2018, Issues
HOFFMAN ESTATES, Ill. — Sears Holdings Corp. is strengthening its links to Amazon.com, partnering with the online retail behemoth to sell some DieHard tires and providing full-service installation and balancing for any brand of tires purchased through Amazon. Sears began selling DieHard jumper cables and battery chargers over Amazon in December. DieHard Advanced Gold AGM