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  • Nordstrom Rack to open in Farmington, Conn.

    New York City -- Nordstrom plans to open a Nordstrom Rack in Farmington, Conn., located just outside of Hartford. This will be the first Nordstrom Rack in Connecticut.

    The new 35,000 sq-ft. store is scheduled to open during spring 2012 at West Farm Shopping Center.
     

  • Mike Boylson: From J.C. Penney to Baseball!

    J.C. Penney marketing chief Mike Boylson is trading the retail game for another type of game entirely: baseball. The 32-year J.C. Penney veteran officially left the company on July 1, and is already hard at work on his next venture: Boylson and a pal are opening a D-Bat baseball and softball training franchise in Allen, Texas, not far from J.C. Penney’s headquarters.

  • PayPal pushes up eBay revenues in Q2

    SAN JOSE, Calif. — eBay reported that revenue for the second quarter ended June 30, increased 25% to $2.8 billion, compared with the same period of 2010. The company recorded second quarter net income on a GAAP basis of $283.4 million, or 22 cents per diluted share, and non-GAAP net income of $630.9 million, or 48 cents per diluted share.

    The company reported that its PayPal business' net total payment volume grew 34% to $28.7 billion in the second quarter of 2011 compared to the same period of last year.

  • Family Dollar names loss prevention VP

    MATTHEWS, N.C. — Family Dollar Stores announced that it has named Christopher Nielsen to the position of VP loss prevention. Nielsen will report to Bryan Venberg, SVP human resources.

  • Walmart, Nielsen enter cooperation agreement

    SCHAUMBURG, Ill. — Walmart has returned to the consumer packaged goods industry's information sharing model through a new cooperation agreement with Nielsen.

  • OfficeMax names head of human resources

    NAPERVILLE, Ill. — OfficeMax announced that Steve Parsons has been appointed EVP and chief human resources officer, effective July 25.  In this position, Parsons will report to Ravi Saligram, president and CEO of OfficeMax, and will be responsible for all aspects of global human resources for the company, including talent management, compensation and benefits, training, leadership development, recruitment, diversity, and internal and corporate communications.

  • Safeway sees sales and income boost in Q2

    PLEASANTON, Calif. — Safeway Inc. reported net income of $145.8 million, or 41 cents per diluted share, for the second quarter of 2011 compared with $141.3 million, or 37 cents per diluted share for the second quarter of 2010.

    The company reported that total sales increased 7.1% to $10.2 billion in the second quarter of 2011 from $9.5 billion in the second quarter of 2010. Identical-store sales, excluding fuel saw a 0.5% increase.

  • Lagerfeld glams up Macy's this fall

    NEW YORK — Macy’s announced that its Karl Lagerfeld capsule collection will arrive in about 235 Macy's stores and on Macys.com beginning Aug. 31.

    “To me Macy’s is the perfect department store in the United States where everybody can find what they're looking for without ruining their budget,” said Karl Lagerfeld. “That’s why I am happy to make this limited collection just for Macy’s.”

  • Data sharing agreement is a big deal

    Less than six months into her role as Walmart’s EVP global customer insights, Cindy Davis rocked the retail analytics world this week with news that Walmart would resume sharing sales data with Nielsen.

    The development comes as Walmart is looking to do a better job of leveraging shopper insights as a means to grow sales and follows the creation in February of a new global customer insights team led by Davis. She previously served as EVP membership and marketing at Sam’s Club and joined the company in the fall of 2007.

  • Walmart A.D. (after Dukes) and the case that won’t die

    When the Supreme Court ruled that a sex discrimination case against Walmart wasn’t worth of class action status that was supposed to end things. Wrong.

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