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Strategy

  • McCormick expands brand portfolio

    SPARKS, Md. — McCormick & Company, a global manufacturer, marketer and distributor of spices, seasoning mixes and condiments, has acquired Wuhan Asia-Pacific Condiments Co. WAPC manufactures and markets the DaQiao and ChuShiLe brand of bouillon products, which have a leading position in the central region of China. 

  • Plus-size retailer engages potential shoppers with video series

    GLEN ARM, Md. — Plus-size retailer Ulla Popken is looking to engage existing customers while enticing new ones to check out its e-commerce site via an online campaign that celebrates women of all sizes.

    The series of just-released videos encourages potential shoppers to dress in a manner that reflects their personalities.

  • Costco sets goal of 150 new stores in five years

    NEW YORK — Costco Wholesale Corp. is looking to open approximately 150 locations over the next five years, CFO Richard Galanti said on the company’s quarterly conference call with investors.

    “And if we get a little better than that, great,” he added. “But that’s certainly a good starting point given where we’ve come over the last few years.”

    Of the total, about 55 of the new units would be in the United States, with the rest located in Canada or foreign markets.

  • Macy’s plans new store in Puerto Rico

    CINCINNATI — Macy’s plans to open its second store in Puerto Rico in fall 2015.

    The two-level, 150,000-sq.-ft. store will be located in the Plaza Del Caribe mall in Ponce. Construction is slated to begin next year and the store is expected to employ 275 associates.

  • Bridgestone Retail continues to expand

    BLOOMINGDALE, Ill. -- Bridgestone Retail Operations (BSRO) continues to grow its network of tire and automotive service centers across the United States, with a projected total of 45 new retail locations this year. The company currently owns and operates a total of 2,222 stores.

  • Registration open for Kids In Need gala

    The Kids In Need Foundation will hold its 15th annual Kids In Need Foundation Education Celebration Gala Wednesday, Sept. 25, at the Depot, in Minneapolis, Minn. 

    A cocktail reception, sponsored by Target, will kick things off at 6:30 p.m., followed by the Gala Dinner, sponsored by 3M, at 7:30 p.m. 

  • Survey: Employees’ appetite for social tools is increasing

    Redmond, Wash. -- Nearly half of employees report that social tools at work help increase their productivity, but more than 30% of companies underestimate the value of these tools and often restrict their use, according to a study by Microsoft Corp.

  • PBteen heads to SoCal this summer

    SAN FRANCISCO — Parent company Williams-Sonoma said that its PBteen banner will open its first store in southern California, at The Oaks Mall in Thousand Oaks Saturday, June 1.
     
    The store will be anchored around a PBteen Design Lab, where teens and their parents can engage with the brand and its products by digitally creating a personalized room on a computer monitor. Using drag and drop technology, teens can experiment with different room configurations and color combinations and see it come to life on a television screen overhead.

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