Strategy

QUINCY, Mass. - Stop & Shop Supermarket announced that it set a new record in 2010 with its annual Food for Friends campaign. More than $2 million -- a 40% increase from 2009 -- will be donated to more than 300 local food pantries and regional food banks throughout Stop & Shop's operating areas this year, the company reported.

ST. PETERSBURG, Fla. - Interactive multichannel retailer HSN announced that the company's CEO, Mindy Grossman, will present at the Citi 21st Annual Global Entertainment, Media and Telecommunications Conference in Phoenix on Wednesday, Jan. 5, 2011 at 9:50 a.m. Mountain Time.

A live broadcast of the session will be available in the investor relations section of the company's website at www.hsni.com. For those unable to participate, an archived broadcast will be available shortly following the presentation.

American consumers had more than holiday shopping on their mind during the third quarter as evidenced by record sales results from CarMax. The nation’s largest seller of used cars with 103 superstores nationwide said its same-store sales increased 16% during then third quarter ended November 30. Total sales increased by 23% to slightly more than $2.1 billion and earnings per share of 36 cents were two cents better than analysts forecast.

New York - Dollar General is considering a plan to build a $60 million distribution center in Bessemer that could create up to 650 jobs, the Birmingham Business Journal reported. 

The new facility would be the 10th distribution center for Dollar General (NYSE: DG), according to Tawn Earnest, senior director of corporate communications for the company. The company is seeking incentives from local governments for the project.

ATLANTA - Home Depot is tinkering with the idea of  cutting back the space dedicated to kitchen showrooms. "We're piloting the removal of up to 40% of the space dedicated to kitchen showrooms," said Craig Menear, Home Depot's EVP merchandising, during the company's recent investor and analyst conference.

New York - Supervalu is having difficulty divesting its New-England-based Shaw’s chain for more than $1 billion, the Wall Street Journal reported Tuesday, and the Minnesota grocery conglomerate may be ready to take down its "for-sale" sign.

According to the report, Shaw’s has been on the block for several months with no takers. Many bids from private-equity firms actually came in below the asking price.

PORT WASHINGTON, New York – The NPD Group announced that John Deputato will head its expanded advanced analytics business as SVP. 

As SVP, Deputato has overall responsibility for leading and growing NPD’s Advanced Analytics business in North America.  His scope encompasses the strategic vision and tactical direction of this important business.  In this newly-created role, he will report to Randall Smith, group president. 

Competition in the toy category is intense every holiday season, but it seems to have been ratcheted up a few notches this year, and Target was one of the companies doing the ratcheting. The company’s aggressive pricing moves put it in close proximity to Walmart early in the season and more recently Target’s toys were less expensive than Walmart’s, according to a pricing survey conducted by Citigroup retail analyst Deb Weinswig.