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Strategy

  • The Fresh Market opens at The Village at Livingston

    Livingston, N.J. -- The Fresh Market celebrated its official opening at The Village At Livingston with “cracking the parmesan,” a centuries-old art and company tradition. The store, which occupies 23,000 sq.ft  at the 93,000-sq.-ft. shopping center managed and developed by Eastman Companies, marks the upscale specialty grocer’s third location in New Jersey.  

  • Industry Commentary: C-stores evolving quickly amid rising expectation

    Las Vegas -- Today’s convenience stores face growing pressure to evolve amid the ramped-up expectations of global consumers, according to remarks made by Joseph Bona, president of branded environments at brand agency and retail design consultancy CBX, and Dan Munford, managing firector of U.K.-based Insight, convenience and petroleum retail strategy specialists, at the National Association of Convenience Stores’ annual convention in Las Vegas.  

  • Gavales named CEO at Things Remembered

    Former Talbots and Bloomingdales executive Lisa Gavales was named president and CEO of personalized gift retailer Things Remembered where she plans to further evolve the retailer’s omnichannel offering.

    Things Remembered operates 600 stores nationwide that are integrated with its Web site to allow for online ordering and same day pick up. Gavales will join the company November 10 to fill the position being vacated by Michael Anthony. He is relinquishing the CEO title after eight years but will remain as chairman of the board.

  • WD-40 is lubricating the world

    Strong international growth offset a decline in domestic sales at WD-40 where the company produced its highest volume fourth quarter ever.

    Total net sales for the period ended August 31, increased 4% to $97.6 million while full year sales increased 4% to $383 million. WD-40 has a strong international presence and the impact of currency exchange rates favorably impacted results. On a constant currency basis total net sales were $93.9 million for the fourth quarter and $377.7 million for the full fiscal year.

  • The retail industry’s new best friend

    President Barack Obama has taken heat over his use of executive orders, but that wasn’t the case on Friday when retail trade groups lined up behind the president in support of wide ranging data security measures.

  • Target Canada opens three new stores

    Mississauga, Ont. -- Target Canada is opening three new stores Oct. 17, located in Ottawa, Ont; Sheridan Centre in Mississauga, Ont. and Polo Park in Winnipeg, Man. The opening of the three new stores marks the final stores scheduled to open in 2014 and brings the total number of Target Canada stores open across the country to 133.

     

  • Starbucks boosting pay and relaxing dress code for workers; gives OK to tattoos

    Seattle – Starbucks Coffee Co. is increasing the pay and relaxing the dress code of its U.S. store employees to allow for tattoos and other forms of self-expression to show.  

  • September retail sales show weakness

    Washington, D.C. -- September retail sales, excluding automobiles, gasoline stations and restaurants, decreased 0.1% seasonally adjusted month-to-month yet increased 4.6% unadjusted year-over-year. According to the National Retail Federation (NRF), seasonal factors played a role, but the drop-off from August was worse than expected.  
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