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  • Walmart faces uphill battle in L.A.'s Chinatown

    Members of various community groups are not making it easy for Walmart to build in the Chinatown neighborhood of Los Angeles. According to reports, several groups including the Asian Pacific American Labor Alliance (APALA) which appealed Walmart's approved building permits, are working to appeal the process. Read more.

     

     

  • Competition from Amazon grows

    Amazon wasn’t always a threat to Walmart, but as the only retailer grows and offers more of the same products as traditional mass retailers, it has become hard to ignore. This article from Businessweek examines how Amazon has influenced Walmart’s approach to online.

     

     

     

  • Survey says – stores clean, service and perishables could be better

    Consumer Reports readers who shop at Target gave the company middle-of-the-road marks on service and its perishable offerings, but the company scored better on pricing and received the highest marks possible on cleanliness.

  • DDR acquires shopping centers in Oregon and Arizona for $70 million

    Beachwood, Ohio -- Mall owner DDR Corp. announced Wednesday that it has acquired its joint-venture partner’s 50% ownership interest in two power centers located in Portland, Ore., and in Phoenix. The $70 million transaction gives DDR full ownership of the assets.

    Tanasbourne Town Center, in Portland, is a large-format power center totaling 566,000 sq. ft. and anchored by Target, Nordstrom Rack, Bed Bath & Beyond, Ross Dress For Less, Michaels, Old Navy and Petco.

  • Walgreens’ March sales down

    Deerfield, Ill. — Walgreens posted March sales of $6 billion, a decrease of 4.3%, compared with the same month in fiscal year 2011.

  • Survey ranks the 10 most ‘relevant’ retailers

    Boston -- Amazon.com is America's most relevant retailer, followed by Target, according to Brodeur Partners’ Retail Relevance Top 10 ranking. The study asked shoppers to look at 21 of the nation's top retailers and select the "most" and "least" personally relevant retailer in four specific areas: practicality, values, sensory appeal and social appeal.

  • Saks names president of direct unit

    NEW YORK — Saks has named Michael Burgess as president of its direct business, effective May 7, 2012. Burgess will report to Denise Incandela, EVP and chief marketing officer for Saks Fifth Avenue and current president of Saks direct.

  • Walmart supports sustainable cotton

    Walmart has joined Adidas, H&M and Levi’s a member of the Better Cotton Initiative’s Fast Track program to encourage the production and purchase of sustainable cotton. For its part, Walmart will give $650,000 in grant money to help cotton farmers become more efficient and eco-friendly in their production. Read more.

     

     

     

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