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  • Walgreens expands partnership with Car Charging Group

    Miami Beach, Fla. -- Walgreens and Car Charging Group, a nationwide provider of electric vehicle (EV) charging services, have expanded EV charging services to 13 Walgreens locations in Orlando and Tampa/St. Petersburg, Fla.

    The two companies plan to broaden their EV charging services with more locations in major metropolitan cities in Florida, as well as in other cities including Phoenix; Akron, Canton and Columbus, Ohio; and Austin, Texas.

  • Wal-Mart board nominates Google executive to board

    Bentonville, Ark. -- Wal-Mart Stores announced that its board of directors has nominated Marissa A. Mayer of Google Inc., for election as a new member of the company’s board at Walmart’s Annual Shareholders’ Meeting on June 1, 2012. If elected, Mayer would become the sixteenth member of the board.

  • The international appeal of retail basics

    Walmart should shorten its checkout lines and improve the store experience in Canada prior to the arrival of Target next spring. That was the advice of Diane Briesebois, president and CEO of the Retail Council of Canada who spoke Wednesday at a dinner in Toronto, which preceded Walmart’s annual international meeting for the financial community.

    Following her prepared remarks, Briesebois was put on the spot by Walmart International president and CEO Doug McMillon who asked during a question and answer session, “What can we do to improve in this market?”

  • Record expansion and leadership depth on display in Canada

    Impressive. That is the best way to describe what a ballroom full of financial analysts and thousands of others watching via Web cast saw unfold Thursday inside a Toronto hotel ballroom where Walmart held its annual international meeting for the financial community.

  • McMillon balances freedom and framework internationally

    More framework and less freedom is how Walmart International president and CEO Doug McMillon described the subtle shift occurring within a $126 billion division where he is looking to drive improved performance with a “powered by Walmart” approach.

  • Loss widens at Talbots

    HINGHAM, Mass. — Talbots' fourth-quarter loss widened to $53.2 million, or 77 cents per share, from last year’s loss from continuing operations of $2.8 million, or 4 cents per share. 

    Fiscal year 2011 loss from continuing operations was $111.8 million, or $1.62 per share, compared with last year’s income from continuing operations of $7.6 million, or 11 cents per share. 

  • Duckwall-ALCO sees slight sales boost in Q4

    ABILENE, Kan. — Duckwall-ALCO Stores fourth-quarter net sales increased1% to $137.5 million, compared with the fourth quarter of fiscal 2011. Same-store sales, excluding fuel center sales, for the fourth quarter of fiscal 2012 decreased 0.6% to $133.4 million, compared with the fourth quarter of fiscal 2011. Net sales from continuing operations for fiscal year 2012 increased 4.4% to $482.8 million, compared with fiscal year 2011. Same-store sales, excluding fuel center sales, for fiscal year 2012 increased 3.0% to $467.7 million.

  • Jimmy Choo CEO named president of Bergdorf Goodman

    DALLAS — Neiman Marcus Group announced that Joshua Schulman has been appointed president of Bergdorf Goodman, effective May 7.

    Schulman, 40, joins Neiman Marcus from Jimmy Choo where he was CEO. In this role, he oversaw the international expansion of the brand and the growth of jimmychoo.com. Prior to Jimmy Choo, Schulman was president, Kenneth Cole New York, and managing director, international strategic alliances, Gap Inc.

  • Aligning E-Commerce and Brick-and-Mortar Sales Incentives

    By Seth Sarelson, [email protected]

    In 2009, Terry Lundgren, the CEO of Macy's, gave the keynote address at Shop.org, discussing how “the power of e-commerce extends far beyond the keyboard and right onto the sales floor.” Lundgren went on to say that Macy’s believes that $5 billion of in-store sales is influenced by the Internet.

  • Trademark acquires retail property across from company’s La Palmera

    Fort Worth, Texas -- Trademark Property said Wednesday it has purchased two retail centers located directly across from La Palmera mall in Corpus Christi, Texas.

    The 15.5-acre Staples Center, built in the 1980s, and the 3.8-acre Mt. Vernon Center, built in the 1940s, will undergo rebranding along with a major redesign and renovation, scheduled to begin late 2012 with completion slated for 2013.

    The redeveloped center, to be named The Shops at La Palmera, will total approximately 200,000 sq. ft.

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