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Marketing

  • Kroger names new Fred Meyer Stores president

    That was fast.   The Kroger Co. wasted no time in naming a replacement for Jeff Burt, president of Fred Meyer Stores, who resigned on Monday, March 20, to head up Target’s grocery business.    Kroger tapped company veteran Joe Grieshaber as president of Fred Meyer Stores, immediately.  

  • Five changes Macy’s incoming CEO wants to make in the stores

    Jeff Gennette, who is set to take the reins of Macy’s Inc. from longtime chief executive Terry Lundgren in approximately one week, gave some hints of how Macy’s store experience is likely to evolve.     

  • Bakery-café chain looks to double its store count

    La Madeleine, the country French-inspired bakery-café, is turning to a new growth strategy that includes selling its corporate owned stores to fast track its expansion.  

  • Men’s grooming concept plans aggressive expansion in Texas

    Hammer & Nails Grooming Shop for Guys, a new franchise that bills itself as the lone male grooming option, is set to open its first 50 locations in Texas.  Dallas and Houston shops are due by summer, and eight more are expected to be operating in the state by year’s end.  

  • JLL names new West Coast leasing VPs

    Jones Lang LaSalle has announced the hiring of two new vice presidents to handle leasing of third-party-managed retail properties in West Coast markets.  

  • Confirmed: Walmart acquires another online retailer

    Walmart continues to grow both its e-commerce and fashion presence.    On Friday, the discounter announced it had acquired the assets and operations of online retailer ModCloth, which specializes in eclectic and quirky apparel and accessories for 18- to 35-year-old women. The company did not reveal the purchase price.  

  • Tiffany shines on demand from Asia

    A strong performance in Asia helped Tiffany & Co. beat fourth quarter expectations even as sales as its U.S. stores sagged.   The luxury jeweler reported net income of $157.8 million, or $1.26 per share, for the quarter ended Jan. 31, compared with $163.2 million, or $1.28 per share, in the year-ago period. Adjusted for asset impairment costs, per-share earnings were $1.45, beating the per-share earnings of $1.37 that industry analysts had expected.  

  • Off-pricers in big expansion push

    Forget about online. The biggest threat to Macy’s and other department store retailers is coming from bricks-and-mortar.   Speaking at a recent conference in New York City, Macy's CFO Karen Hoguet said off-price retailers have proven a bigger long-term challenge to the company than the Internet, CNBC reported.
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