Marketing

Fort Worth, Texas -- There was good news in Pier 1 Imports’ first quarter performance, including a 2% increase in same-store sales.

The retailer reported net income of $6.9 million for the quarter, ended May 30, down from $15.1 million in the year-ago period. Its results were in line with expectations.  

Pier 1 Imports reported same store sales growth for the first quarter, which the company’s CEO credited to the completion of an omnichannel transformation.

Petco is joining the increasingly large group of retailers offering on-demand delivery of their products.

The specialty retailer has teamed with Instacart in a first-of-its-kind partnership in the pet industry. PetcoNow is a new service that gives pet parents the ability to have Petco products delivered directly to their door in as little as one hour.

Albany, N.Y. - Scott Hoffman has been named chief merchandising officer of Trans World Entertainment Corp., owner of the FYE music/video/video game chain. In his new role, Hoffman will be responsible for overseeing all aspects of merchandising strategy.

Dedham, Mass. – The Legacy Place shopping center is opening an Eddie Bauer location on July 2. The Legacy Place store will feature outerwear, apparel, footwear, gear, and accessories for men and women.

“Eddie Bauer not only enhances the overall merchandise mix of the center, it also adds another reason to make Legacy Place your first choice shopping destination” said Beth Winbourne, general manager, Legacy Place.

Jared is introducing an exciting luxury retail experience that aims to shake up the jewelry shopping category.

The retailer is opening its very first Le Vian by Jared store at the Roosevelt Field Mall in New Jersey. The store will be the only place in the world where shoppers can explore all of upscale brand Le Vian’s offerings: from jewelry and timepieces to handbags and scarves, with carefully curated in-store boutiques devoted to each category, all celebrating the attention to detail and innovative design for which the Le Vian brand is known.

Generation Y prefers to shop at Walmart over Target, Costco, Kroger, Whole Foods, and Trader Joe’s, according to Ad Age.

"Millennials now, as a generation, like Walmart the best, more so than Generation X, more so than boomers," Matt Kistler, Walmart’s senior VP-consumer insights and analytics, said.

Walmart is most popular among people under 24, as well as every store but Target among 25- to 34-year-olds, according to InfoScout, a provider of shopper insights with a nationwide panel of more than 170,000 shoppers.

On the heels of opening its 12,000th store, Dollar General has named five executives to key leadership positions within its merchandising and supply chain organizations.

The company announced internal promotions in both its merchandising and global supply chain functions as the company enhances its management team. The following promotions are effective immediately: