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Walmart

  • JLL appoints new head of Midwest Retail

    Chicago — Jones Lang LaSalle recently appointed senior VP Larry Kilduff, a 25-year industry veteran, as head of the firm’s Midwest Retail platform, which is based in Chicago. Prior to JLL, Kilduff owned and operated two retail real estate development companies and worked with leading retailers including Wal-Mart, Target, Kmart, Sears, Bon-Ton, Kohl’s and J.C. Penney.

  • One Step Forward, Two Steps Back

    An article that recently caught my eye adds more evidence to my growing suspicion (and I know I am far from alone in this) that the near-term to mid-term retail outlook might not be quite as positive as we may have thought just a few months ago. The piece, “Gap Stands out Among Retailers in Tough Quarter,” in Women’s Wear Daily highlighted the sobering second-quarter numbers from a long list of big retail brands. As the title implies, Gap, Inc.

  • Wal-Mart launches smartphone trade-in

    Bentonville, Ark. – Starting Sept. 21, consumers will be able to receive immediate credit toward the purchase of a new smartphone when they trade in their current smartphone at more than 3,600 participating Wal-Mart stores and Sam's Club locations across the U.S. Wal-Mart's trade-in program offers an immediate credit from $50 to $300 for more than 100 smartphones.

  • Wal-Mart exec appointed to World Affairs Council board

    Fumbi Chima, Walmart VP of global technology services and strategic partnerships, has been elected to the World Affairs Council-Washington, D.C., board of directors.

    Chima is responsible for Walmart’s vendor management office, project management office and its global technology services office in India, as well as the IT asset management team.

  • ECRM: Retail circular advertising trends, August 2013

    ECRM compared retail circular advertising in August 2012 versus August 2013 and noted trends occurring across top retail chains. A home improvement promotional arms race between Home Depot and Lowe’s appears to be taking place: Lowe’s saw year-over-year increases of 100%, 75% and 184.4% across circular page count, ad block per page count and ad block per circular count, respectively. Despite these large gains, Lowe’s still appears to be playing catch-up to Home Depot, which continued to run more ad blocks per page and per circular than Lowe’s.

  • Wal-Mart to offer smartphone trade-in program

    Walmart has announced plans to launch a smartphone trade-in program on the same day Apple announced the iPhone 5s, featuring an all-new A7 chip and a 64-bit desktop-class architecture for fast performance, as well as the iPhone 5c, which builds on the iPhone 5 and comes in five different colors. 

  • Wal-Mart exec joins World Affairs Council board

    Washington, D.C. -- Walmart VP of global technology services and strategic partnerships Fumbi Chima has been elected to the World Affairs Council – Washington, D.C., board of directors.

    Chima is responsible for Walmart’s vendor management office, project management office and its global technology services office in India, as well as the IT asset management team.

  • Giant Food divisional president departs

    Carlisle, Pa. -- Ahold USA said that Giant Food of Landover, Md., divisional president Anthony Hucker is leaving his position, effective Sept. 13, to pursue another opportunity.

    Ahold USA executive VP operations Bhavdeep Singh will oversee the Giant-Landover division on an interim basis until a permanent replacement is named, the company said.
     
    Hucker was appointed president of Giant-Landover on October 2011, having previously worked at Walmart.

     

  • Redevelopment Coup

    WinCo Foods has agreed to develop an 85,000-sq.-ft. modern grocery store at Old Orchard Village East in Lewisville, Texas.

    WinCo Foods, founded in Idaho in 1967, is an employee-owned discount grocery that operates 87 stores and plans to expand into Dallas-Fort Worth metro region with 15 new stores over the next several years.

    The deal will take the Old Orchard Village East center from 60% leased to 100% leased and make it possible to carry out a $20 million transformational redevelopment.

  • Top-level changes at Giant-Landover

    CARLISLE, Pa. — Giant Food of Landover, Md., division president Anthony Hucker has resigned his position. His last day will be Sept. 13, according to parent company Ahold USA.

    Ahold USA said Hucker was leaving to pursue another opportunity. Ahold USA EVP operations Bhavdeep Singh will oversee the Giant-Landover division on an interim basis until a permanent replacement is named.

    Hucker was appointed president of Giant-Landover on Sept. 13, 2011, having previously worked at Walmart.

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