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  • Is Walmart losing its pricing edge?

    That was the provocative, if somewhat dated, question Smart Money used as a headline on a story this week based on a consumer survey conducted by Morgan Stanley analyst Mark Wiltamuth. He initiated coverage of Walmart with an ambiguous “equal weight” rating and was quoted as saying, “Many consumers no longer think Walmart has the lowest prices.”

  • Whirlpool named to Made in the USA Foundation's Hall of Fame

    BENTON HARBOR, Mich. — Whirlpool Corp. announced that it was inducted into the Made in the USA Foundation's Hall of Fame at an awards dinner on July 2 in Santa Monica, Calif. Whirlpool was the winner of the Large Kitchen Appliances Category.

  • Alliance Data signs long-term renewal agreement with The RoomPlace

    Dallas< — Alliance Data Systems Corporation  announced it has signed a long-term renewal agreement to continue providing private label credit card services for The RoomPlace.

    Under terms of the agreement, Alliance Data will continue providing The RoomPlace with private label credit card services, including account acquisition and activation; receivables funding; card authorization; private label credit card issuance; statement generation; remittance processing; customer service functions; and marketing services. 

  • Subway opens 8,000th non-traditional location

    Milford, Conn. — The Subway restaurant chain announced that a franchisee in Toledo, Ohio, has opened the brand's 8,000th non-traditional location— in a two million-sq.-ft. automobile assembly facility that produces Jeep and Chrysler vehicles.

  • Walmart China imports new leadership

    Keeping tabs on key personnel moves at Walmart’s home office in Bentonville is hard enough, but the situation is even more challenging in overseas markets due to an uneven and selective disclosure strategy.

  • New leadership names at Pet Supplies "Plus"

    FARMINGTON HILLS, Mich. — Pet Supplies “Plus” announced that Dave Bolen was promoted to president and CEO, effective July 11.

    Bolen joined PSP on May 2 as president after spending five years at Petco Animal Supplies, a national retailer of pet food and supplies, where he served as EVP and chief merchandising officer. Prior to Petco, Bolen served as EVP merchandising, marketing and supply chain at Jo-Ann Stores, a leading specialty retailer of fabric and craft supplies.

  • Pet Supplies “Plus” names president and CEO

    Farmington Hills, Mich. -- Pet specialty retailer Pet Supplies “Plus” announced Wednesday that it has promoted Dave Bolen to president and CEO, effective immediately.

    Bolen joined the company on May 2 as president, arriving from Petco where he was executive VP and chief merchandising officer.

    Prior to Petco, Bolen was executive VP merchandising, marketing and supply chain for Jo-Ann Stores.

    Harvey Solway has been promoted from CEO to Executive Chairman.

  • Target.com brings 'Black Friday' back to summer

    MINNEAPOLIS — Target announced that it will once again offer its "Back in Black Friday" online-only sale on July 15. The sale will start around midnight (PST) and end at 11:59 p.m. at Target.com/BlackFriday.

    “Target is always looking at ways to provide our guests with outstanding value,” said Steve Eastman, president of Target.com. “Our Back in Black Friday online-only sale is a great example – offering our guests a summer Black Friday with thousands of deals on their favorite products.”

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