Walmart

Grants worth $14 million to five nonprofit groups will provide nutritional education and help feed 1.7 million hungry kids this summer and next.

With an ongoing investigation into alleged violations of the Foreign Corrupt Practices Act, the last thing Walmart would want to do is enter a market like Russia. Nevertheless, a Bloomberg report this week linked the company to a retailer few Americans have ever hear of.

Walmart isn’t the first place that comes to mind as a destination for professional business attire so at first blush it was a bit odd to see the company affiliated with a group called Dress for Success Worldwide.

That said, there is more to Dress for Success than meets the eye which is why Walmart, in keeping with its female empowerment objectives, contributed $500,000 to the organization with week. The funds were presented during a special event held in conjunction with the Walmart Northwest Arkansas LPGA Championship.

Now that Walmart U.S. derives more than 66% of its sales from food, consumables and health and wellness related categories, Kroger is more of an immediate threat than Amazon.

NORWOOD, Mass. — Hot Wheels has entered into a licensing agreement with Toy State, a leading manufacturer of licensed and highly stylized lights-and-sound toy vehicles. 

The agreement, which runs through 2016, gives Toy State the green light to design and build a new line of high-octane custom versions of Hot Wheels remote-controlled and lights-and-sound toys. 

Cicero, Ill. -- The town of Cicero, Ill., and Wal-Mart Stores announced an agreement on Tuesday to build a Walmart Supercenter on a portion of a former racetrack site.

Under the contract, Wal-Mart will pay $7.5 million for 24.67 acres of land at the long-vacant and dilapidated Sportsman’s racetrack to construct a 190,000-sq.-ft. store.

Cicero will continue to own 10 acres of the remaining Sportsman's property, which is reserved for future retail expansion and development.

Gerald Evans was named chief operating officer at HanesBrands after serving as co-COO since 2011.

For anyone involved in retail, it feels like the International Council of Shopping Centers (ICSC) Spring Convention in Las Vegas signifies an important yearly milestone. Those of us in the industry can be forgiven for visualizing a “retail year” that begins immediately after the convention in May and runs until RECon opens its doors the following year.