Marketing

Whole Foods Market Inc. says it is taking the right steps to position itself for the long term and sees demand for more than 1,200 stores in the United States despite reporting a lackluster increase in same store sales for the third quarter.  

The health foods grocery retailer posted a same store sales increase of just 1.3% for third quarter ended July 5. Analysts had expected a 3% increase. The company did report  earnings of 43 cents per share on $3.63 billion in revenue. Total sales increased 8% to a record $3.6 billion.

Milpitas, Calif. – Some interested students are getting a hands-on education courtesy of Kohl’s.

Kohl’s Digital Center, in Milpitas, Calif., is home to a summer internship program that gives students a first-hand look about the role technology plays in retail. On July 23, Kohl’s interns took part in Kohl’s first ever Intern Innovate-a-Thon.

Northbrook, Ill. - Hilco Merchant Resources LLC (HMR), a provider of retail disposition services such as liquidation and acquisitions, has purchased online retail and daily deal e-commerce platform Deal Genius LLC.

Deal Genius was launched as a flash retail sales web business in 2004. The site delivers daily deals on brand name home goods, apparel, consumer electronics, pet supplies and other merchandise.  The company was founded by CEO Chris Matsakis, who will continue in that role going forward.  

Minneapolis – Supervalu Inc. beat Wall Street expectations for profit in the first quarter of fiscal 2016 and also announced it is considering spinning off its Save-A-Lot grocery banner. Net earnings soared 42% to $61 million, from $43 million in the same quarter the prior fiscal year.

Cost of sales rose at a slower pace than net sales, aiding profit growth. Net sales rose 3% to $5.41 billion, from $5.26 billion.

TigerDirect is giving business owners a chance to have their most pressing business growth questions answered by an expert.

The retailer is sponsoring a contest featuring Kevin O'Leary, an entrepreneur, investor, journalist, and financial commentator who is most famous for being a "Shark" investor on the ABC reality television series Shark Tank.

Kohl’s is looking to mold the minds of the next generation of retailers with an innovative new program for students.

A popular fashion doll franchise is launching exclusively at Walmart stores.

After a few years on hiatus, the core Bratz dolls, Cloe, Yasmin, Jade and Sasha, are back along with the newest member to their group of besties, Raya. Walmart will carry the newly launched collection of dolls and playsets encouraging girls to tap into their creativity and imagination to create their own worlds. Also, Walmart is unveiling a line dedicated to a favorite childhood pastime, "Sleepover Party," available exclusively at Walmart stores nationwide and on Walmart.com.

New York -- Walmart has joined an elite group of corporate titans in taking a pledge to fight climate change. Among other things, the retail giant will double its solar commitment.

Walmart on Monday signed a pledge to take measures to reduce greenhouse gas emissions, increase low-carbon investments and invest in clean energy as part of a new White House climate change initiative, the “American Business Act on Climate Pledge.”

Miami, Fla. -- Columbia Sportswear Company is expanding its new store concept.

The company has opened Performance Fishing Gear (PFG), in Miami’s The Falls. The 5,654 sq.-ft. store features the latest and greatest from the popular collection, along with an interactive knot-tying station and digital design elements.

Seattle - Nordstrom and J. Crew Group are expanding a merchandising partnership.

Nordstrom is doubling the number of stores that will carry J. Crew’s Madewell brand of women’s apparel items and accessories.

The department store retailer plans to expand the number of stores carrying Madewell products from 15 to 30 by the end of July, with Nordstrom.com also offering Madewell goods. Nordstrom is the only U.S. retailer to sell a broad assortment of Madewell merchandise, outside of Madewell stores.