Skip to main content

Marketing

  • Online jeweler snags former Target exec as CEO

    Blue Nile has a new chief executive.   Jason Goldberger was named the online retailer’s new president and CEO. He will replace Harvey Kanter, who will remain on the company’s board as chairman.  

  • Dollar Tree makes exec promotion

    Dollar Tree has promoted a key executive as the discounter continues its rapid expansion.   The retailer, which plans to open 650 stores in 2017, has promoted Michael A. Witynski to president and COO of its Dollar Tree division. Witynski will be responsible for merchandising, marketing and store operations for Dollar Tree stores in the United States.    

  • French retail giant names new CEO

    One of the world's largest retailers has appointed a new chief executive as its looks to catch up with the online revolution and shore up its home performance.   Carrefour has named Alexandre Bompard, 44, as its new chairman and CEO, effective July 18, ending an eight-month search. He succeeds Georges Plassat, who has served in the top position at the hypermarket retailer, which operates more than 11,900 stores in over 30 countries, since 2012.   

  • KFC, Marietta, Georgia

    A local landmark, which also happens to be one of KFC's most iconic locations, has reopened after a $2.2 million renovation.  

  • Report: The Body Shop to be sold in $1 billion deal

    It appears that L'Oreal has settled on a buyer for The Body Shop.   The French cosmetics giant is in exclusive talks to sell its Body Shop division to Brazilian make-up company Natura Cosmeticos, Bloomberg reported. The reported price: $1.1 billion,   Natura is the largest Brazilian cosmetics company.   The transaction would be subject to regulatory approval and would be expected to close later this year.    

  • Analyst: Across the board adoption of Amazon Prime not imminent

    Approximately 80% of low-income households will not opt for Amazon's new discounted Prime program.    That's according to a broadlines and hardlines retail report by Gordon Haskett Research Advisors analyst Chuck Grom, which looks at Amazon, Walmart, Dollar General and Dollar Tree as Amazon announced discounted Prime membership for those on federal assistance. Here are excerpts from Grom's report:   

  • Things looking up at 99 Cents Only Stores

    The turnaround at extreme-value retailer 99 Cents Only Stores appears to be taking hold.   The retailer reported that net sales for its first quarter, ended April 28, increased 6.7% to $547.5 million, from $512.9 million in the year-ago period. Same-store sales increased 6.9%, with higher customer traffic of 4.2%, and a higher average ticket of 2.5%.  

  • Ikea expands breadth through third-party sales

    Ikea is getting in on the online marketplace game.   The home furnishings giant is embarking on a test that will focus on selling its products on websites other than its own. This move will get merchandise in front of more online customers, according to Reuters.  

  • Amazon lends more than $3 billion to third-party sellers

    Amazon’s lending program has hit epic proportions, with one-third of loans being granted in the last year, alone.   The online giant’s Amazon Lending program has surpassed $3 billion in loans to small businesses since the service launched in 2011. Specifically, Amazon has lent more than $1 billion to small businesses in the last 12 months, and more than 20,000 small businesses have received a loan from Amazon.  

  • Warehouse club operator entering new territory

    BJ's Wholesale Club is set to open its first location in South Carolina.   The retailer will celebrate the grand opening of its new location in Summerville, South Carolina on Saturday, June 10. The store, which marks BJ's expansion into South Carolina, is located at the intersection of Interstate 26 and North Main Street, Summerville's primary retail corridor.  
X
This ad will auto-close in 10 seconds