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Strategy

  • RadioShack expands Nook in e-reader market

    NEW YORK — RadioShack, which already offers the Amazon Kindle, has expanded its e-reader offerings with the addition of the Nook from Barnes & Noble. The company announced Wednesday that it will offer Barnes & Noble's Nook e-reading devices and related accessories to more than 3,000 RadioShack stores nationwide and online at radioshack.com, beginning Oct. 3. 

  • Walmart to empower new women's website

    NEW YORK — Walmart took the next step in its goal to help build women's economic empowerment by announcing the launch of a dedicated page on Walmart.com that will feature an assortment of products created by women in nearly two dozen countries, including women who work in cooperatives and own small businesses. The site, which the company expects to be available in spring 2012, will feature such products as jewelry from Guatemala, Thailand and Ethiopia; coffee from Central and South America; and dresses from Kenya.

  • Walgreens to brighten Ohio stores with solar installations

    CHICAGO — Walgreens is looking to roll out solar installations at its Ohio-area stores, thanks to a new partnership with a Chicago-based solar developer.

    The retailer said that it selected SoCore Energy to provide 90 solar installations for the Ohio-based stores. The partnership began earlier this month with the construction of 20 solar installations at Walgreens stores in Cincinnati. Walgreens and SoCore Energy said that the first 53 solar installations is slated to be completed by Nov. 11.

  • Celebrity home designer creates collection for Anna's Linens

    COSTA MESA, Calif. — Anna’s Linens has partnered with television personality and home designer Domenica Brazzi for a bedding and accessories collection launching simultaneously in all 285 Anna’s Linens stores and online at the end of September. 

  • Diversity leaders honored at NEW gala

    Former Walmart chief information officer and current HP executive Linda Dillman was among a group of 10 executives honored earlier this week as the inaugural class diversity difference-makers was inducted into the Network of Executive Women CPG Retail Diversity Hall of Fame. The inductees received the William J. Grize Award named after the late president and CEO of Ahold USA whose early support of NEW is credited with jumpstarting the organization, which now includes nearly 5,000 members and 400 companies. Grize died in January 2010 at the age of 63 after a short illness.

  • ShopperTrak: Holiday sales expected to be up, but foot traffic will drop

    CHICAGO — In the wake of several surveys projecting how shoppers will spend this holiday season, the latest study from ShopperTrak expects national retail sales to increase 3% during November and December, while foot traffic will drop 2.2%.

    ShopperTrak said its 3% holiday sales increase prediction follows 19 consecutive months of year-over-year U.S. retail sales growth, adding that the expected increase is moderate when compared with the 2010 holiday season's 4.1% sales increase over 2009.

  • Gap Inc. honored for women's empowerment program

    SAN FRANCISCO, Calif. — Gap Inc. announced that its Personal Advancement and Career Enhancement program was recognized by former President Bill Clinton at the Clinton Global Initiative, held in New York City.  Bob Fisher, son of Gap Inc. founders Doris and Don Fisher and a Gap Inc. board member, accepted the honor on behalf of the company.

  • International CFO offers revealing insights

    The Network of Executive Women held its 10th annual leadership summit earlier this week in Orlando, and Walmart’s International CFO Cathy Smith was listed as a featured speaker. Nothing unusual about that, but what made Smith’s appearance unique is that rather than read a canned speech written by someone else, she engaged in a candid conversation with Jan Hill, founder of Hill Enterprises.

  • ICSC: Shopping-center sales will rise 2.2% in 2011

    New York City -- Shopping-center sales in November and December are expected to increase 2.2% relative to the same period a year ago, according to the International Council of Shopping Centers. In 2010, the holiday season posted a 5% gain following two back-to-back declines during the 2007-09 recession.

    The organization has forecast that U.S. holiday sales in 2011 will post a moderate 3% gain, down from 2.1% last year.
     

  • Walmart expands commitment to solar energy in California

    Sacramento, Calif. -- Walmart is taking its commitment to renewable energy to new levels in California. The chain announced plans to install solar panels on up to 60 additional stores in the Golden State. The initiative, done in partnership with SolarCity, expands the company’s solar portfolio to more than 75% of its locations in California.

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