Marketing Tactics

The most recent iteration of a pricing study conducted by Credit Suisse shows Target was 4.7% more expensive on a basket of items in Chicago and Dallas compared with 4% the prior month. 

Huey Lewis and the News are scheduled to perform a free concert in Fayetteville, Ark. on Sept. 9, in connection with the women’s professional golf tournament known as the Walmart NW Arkansas Championship presented by P&G. The Grammy Award winning entertainer will be performing at the M&M’s/Extra Dickson Street Concert. The 8 p.m. concert will be held in the Walton Arts Center parking lot located at 495 W. Dickson Street in Fayetteville.

Dallas -- The Commercial Retail Division of The Weitzman Group said that Just Fitness 4 U has leased 18,900 sq. ft. of anchor space in Spring Creek Village for the chain’s sixth Dallas-Fort Worth location.

Just Fitness 4 U, which currently operates locations in Dallas, Carrollton, Mesquite, Plano and Hurst, also operates in several national markets, including Atlanta and Salt Lake City. The Weitzman Group is representing the fitness chain on its Dallas-Ft. Worth expansion.

NEW YORK — Walmart is working with Colgate’s Bright Smiles, Bright Futures program to create a new initiative that offers free dental screenings and oral health education to children in need living in the Dallas area.

Indianapolis -- Finish Line reported Thursday that earnings for the quarter ended May 28 rose 20% to $16.4 million, compared with $13.6 million in the year-ago period.

Revenue, despite a 6% rise to $299 million, missed Wall Street expectations of $301.4 million.

Same-store sales increased 6.1% for the quarter.

WASHINGTON — Walmart announced that, through its charitable arm the Walmart Foundation, it has launched a $25 million giving campaign aimed at filling the gaps created when schools close for the summer. Funding to more than 350 local nonprofit organizations will help expand nutrition, learning and employment services for elementary, middle and high school students throughout the 2011 summer months, the company reported.

Walmart said it would address the achievement gap between higher- and lower-income youth by focusing on three key areas:

Real estate acquisition and management firm Jamestown has announced a comprehensive rebranding and revitalization program for its recently acquired property, Alameda Towne Centre, a 594,000-sq.-ft. open-air retail center on Alameda Island, Calif.

By Glenn Brill, [email protected]

The recent announcement that Ron Johnson of Apple will become J. C. Penny’s new chief executive is a clear indication of the need for many retailers to revitalize the shopping experience. It is also a clarion call and symbolic of the challenge to mall owners, developers, and investors to create and/or revitalize shopping environments that can effectively complement and promote a retailer’s brand.