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Strategy

  • PeopleAnswers partners with RadioShack for talent assessment

    Dallas -- Talent software firm PeopleAnswers said Thursday that RadioShack Corp. will utilize the PeopleAnswers talent assessment software for all positions in nearly 5,800 company-operated stores and kiosks as well as corporate offices across the United States and Puerto Rico.

  • International shines brightest in challenging quarter

    If there was a bright spot to Walmart’s fourth-quarter results it was the international division where sales increased in every country, expansion surged and operating profits increased 9.7% to $5.4 billion on sales that increased 7.6% to $104.8 billion. Those results are on a constant currency basis that assumes foreign exchanges rates are consistent year over year and present a more accurate view of country-by-country performance.

  • American Girl to open first Seattle-area store

    Seattle -- American Girl said Wednesday it will make its Northwest U.S. debut as it opens a new store this summer at Alderwood Mall in Lynnwood, Wash.

    According to a report by the Seattle Times, the Middleton, Wis.-based retailer, a division of Mattel, said it is taking 12,500 sq. ft. of space spanning the mall's interior and outdoor Village.
     
    The new store will replace several departed or relocated tenants, including Cold Stone Creamery, World Wrapps and Anchor Blue.

  • What went right at Walmart in the fourth quarter

    There’s no way to sugarcoat the 1.8% same-store sales decline produced by Walmart’s U.S. stores division during the fourth quarter, especially after management vowed last fall that comps would turn positive during the period and end six quarters of negative results.

  • Safeway swings to profit in Q4

    Pleasanton, Calif. -- Safeway reported Thursday net income of $229.6 million for the quarter ended Jan. 1, compared with a loss of $1.61 billion in the year-ago period, based on a hefty charge for the reduced value of its assets.

    The grocery chain said revenue inched up 1% to $12.8 billion from $12.69 billion, topping Wall Street estimates of $12.45 billion.

  • CNBC discusses what’s wrong with Walmart

    Everyone has an opinion on Walmart, especially given the subpar performance of the U.S. stores division. The search for answers makes for some interesting conversations such as the one that took place earlier this week on the financial news network CNBC. Click here to watch

  • Urban Outfitters teams with MID Retail for store allocation solution

    Indianapolis -- MID Retail said Wednesday that Philadelphia-based Urban Outfitters has selected its Advanced Allocation Software to forecast and distribute merchandise for all store locations across its Urban Outfitters, Anthropologie, and Free People brands.

    MID Retail provides software solutions primarily for Merchandise Planning, Store Planning and Allocation, Fashion Replenishment and Assortment Planning applications for large retailers and national chains.

  • Walmart taps Facebook users to help fight hunger

    BENTONVILLE, Ark. — Walmart said it will present more than $1.5 million to nonprofits in six U.S. communities, thanks to Facebook users' help with the retailer's commitment to fight hunger through 2015.

    Walmart's Fighting Hunger Together campaign called on Facebook users to go to Walmart.com/fighthunger and "like" one of the 100 hungriest communities in the United States, as ranked by the Food Research and Action Center. More than 10 million votes were cast during the campaign, which ran from Nov. 15 through Dec. 31.

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