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Marketing

  • Harbor Freight to expand to Connecticut

    New Haven, Conn. -- RHYS Commercial said that Harbor Freight Tools is opening three Connecticut locations – in New Haven (17,000 sq. ft.), Bridgeport (14,284 sq. ft.) and Waterbury (16,813 sq. ft.).

    The tool and equipment retailer’s location in New Haven opened April 27; construction is underway on the other two outlets.
     

  • Versona Accessories to open Plano location

    Plano, Texas -- Charlotte, N.C.-based Versona Accessories said it will open a new store on May 24, in Plano, Texas, at Preston Park Village.

    The jewelry and accessories retailer is a Cato Corp., concept.
     

  • Here come the comps - data sharing era begins

    Walmart’s view of the shopper is a whole lot clearer now that the company has resumed sharing point-of-sale data with the likes of Nielsen, SymphonyIRI Group and NPD. No wonder chief merchant Duncan Mac Naughton and consumer insights head Cindy Davis expect good things to happen.

  • Best Buy chairman to step down in wake of CEO investigation

    Minneapolis -- Best Buy Co. announced that founder Richard Schulze would step down as chairman after an independent board investigation found that he had failed to report allegations of personal misconduct by former CEO Brian Dunn to the board's audit committee.

    Schulze will serve out the remainder of his term as director. Best Buy said its board has elected director Hatim Tyabji to succeed Schulze as chairman, effective at the conclusion of the annual meeting on June 21.

  • CVS/pharmacy launches Spanish-language website

    Woonsocket, R.I. — CVS/pharmacy is taking a greater step toward targeting the Hispanic market with the launch of its new Spanish-language website.

    Like the English-language site, the Spanish version, located at http://es.cvs.com, enables shoppers to manage their prescription account, get health information, purchase products, access coupons, etc. According to a MediaPost article, Google indicated that the new CVS Spanish website consists of 67,000 pages, most of which are product SKUs.

  • Dollar General announces $6.4 million donation to support literacy

    Goodlettsville,Tenn. — Dollar General has awarded grants to more than 593 nonprofit organizations, libraries and schools through the chain's literacy foundation.

  • Gordmans Q1 net income rises 10%, to open five stores in 2012

    Omaha, Neb. -- Midwestern discount department store retailer Gordman’s Stores said Friday that profit for the quarter ended April 28 rose 10.6% to $8.1 million, compared with $7.3 million in the year-ago period.

    Sales rose 13.8% to $133.9 million, from $117.7 million. Same-store sales climbed 4.7%.

    “We are pleased with our overall performance and remain confident in our ability to realize our sales and profit guidance for fiscal 2012," said Jeff Gordman, president and CEO.

  • Lindt opens Fifth Avenue flagship, plans for growth

    New York -- Chocolatier Lindt said Thursday it has opened its new flagship Lindt Chocolate boutique in the landmark Rolex building on Fifth Avenue in New York City.

    The 1,245-sq.-ft. store features a comprehensive chocolate selection, as well as Lindt Chocolate Advisors to educate and guide customers through the full experience.

    The new store represents Lindt's second Fifth Avenue location and heralds a period of growth and expansion for the company's direct to consumer business.

  • Family Dollar teams with NetSpend on new prepaid card agreement

    Austin, Texas -- NetSpend Holdings said Thursday it has entered into a distribution agreement with Family Dollar to sell the NetSpend Visa prepaid debit card at the discounter’s store locations nationwide.

    Family Dollar and NetSpend plan to make the prepaid cards available in more than 7,200 locations beginning this month, NetSpend officials said.
     

  • CVS Caremark discusses growth at annual stockholders meeting

    Woonsocket, R.I. -- CVS Caremark held its annual meeting of stockholders at its headquarters on Thursday, and the tone attendees heard was a positive one.

    According to president and CEO Larry Merlo, the company is well-positioned for growth in an evolving healthcare market.

    Merlo made note in the meeting of Walgreens’ battle with Express Scripts, which has created opportunity for CVS to pick up significant prescription business.

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