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Strategy

  • Consumers could curtail spending in months ahead

    NEW YORK -- Concern about rising energy prices and higher medical costs has many Americans expecting to spend less in the months ahead, a recent Deloitte study revealed. Despite showing no signs of spending less in recent months, the Deloitte survey found that nearly three-quarters (74%) of Americans believe higher prices could slow their spending in the months ahead.  Deloitte's study also revealed that mobile and social connections are helping shoppers make savvier buying decisions in the wake of the recession.

  • LaVida Massage opens second Atlanta location

    Atlanta -- Commerce, Mich.-based LaVida Massage announced the opening of its second location in the Atlanta area.

    The new 2,800-sq.-ft. center, located in Canton, Ga., is slated to open in May. The center will be owned and managed by Mike Spidel.
     

  • Retail container traffic to rise 9% in April

    Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to be up 9% in April over the same month last year, according to the monthly Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates.

  • Loyalty on the line as Walmart ads tempt Target shoppers

    A whole lot of uncertainty now hangs over Target’s April same-store sales expectations, as Walmart this week began a major advertising offensive to regain customers and restore sales at its U.S. division.

  • To profitability and beyond at Pier 1 Imports

    After being left for dead four years ago, Pier 1 Imports has recuperated fully to the point where it recently embarked on a new three-year plan to restore growth to the company.

    Key elements of the plan call for the acceleration of e-commerce, improvements to existing stores, new store expansion and investments in infrastructure to support the enterprise and improve efficiency.

  • Walgreens installs electric ‘fuel’ stations in second Texas market

    DEERFIELD, Ill. — Walgreens on Friday helped launch the nation’s first privately funded and comprehensive electric vehicle charging network with an initial station at the Walgreens drug store at Belt Line Road and Montfort Drive in Dallas.

    The drug store retailer is working with NRG Energy to install high-powered rapid charging eVgo Freedom Stations at 18 locations across the Dallas/Fort Worth Metroplex.

  • Judge allows gay rights group to protest outside Target

    New York City -- A judge ruled Thursday that a San Diego pro-gay marriage group can continue canvassing outside of Target stores in California, the Associated Press reported. However, protestors must stay 30 ft. away from store entrances and canvass at just one entrance at a time.

    The retailer had sought an injunction barring the activists from every outlet in the state, alleging they harass customers by cornering them near store entrances to discuss gay marriage, solicit donations and collect signatures on petitions.

  • New head marketer named at Scotts Miracle-Gro

    MARYSVILLE, Ohio  -- The Scotts Miracle-Gro announced that Jim Lyski has been named EVP and chief marketing officer, reporting to ScottsMiracle-Gro president Barry Sanders.

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