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Walmart

  • Target puts final Canadian plans in motion

    MINNEAPOLIS — Target's entry into Canada is nearing completion, as the company Friday finalized its real estate transaction with Zellers Inc. with the selection of 84 additional Zellers leases, bringing the total number of leases selected, including an initial group of 105 leases selected in May, to 189. From this second group, Target has acquired the leasehold interests for 29 locations, the vast majority of which will open as Target stores beginning in 2013. The remaining leases have been or will be sold to other Canadian retailers or back to landlords.

  • Target finalizes its real estate in Canada; signs deal with Sobeys

    Minneapolis -- Target Corp. said Friday that it has finalized its real estate transaction with Canadian retailer Zellers with the selection of 84 additional Zellers leases. Target Canada will open between 125 and 135 stores, most by 2013. The discounter also entered into a deal with Sobey’s, Canada’s second largest supermarket chain, to supply its stores with food.

  • Walmart sheds light on Calif. solar plans

    SACRAMENTO, Calif. — Walmart is taking its commitment to renewable energy to new levels in California. The chain announced plans to install solar panels on up to 60 additional stores in the Golden State. The initiative, done in partnership with SolarCity, expands the company’s solar portfolio to more than 75% of its locations in California.

  • Walmart to empower new women's website

    NEW YORK — Walmart took the next step in its goal to help build women's economic empowerment by announcing the launch of a dedicated page on Walmart.com that will feature an assortment of products created by women in nearly two dozen countries, including women who work in cooperatives and own small businesses. The site, which the company expects to be available in spring 2012, will feature such products as jewelry from Guatemala, Thailand and Ethiopia; coffee from Central and South America; and dresses from Kenya.

  • Toying with the holidays

    September may seem a bit early to put out a holiday toy list, considering most consumers just finished spending for back-to-school and still have Halloween to think about, but garnering media attention is important. Many retailers who have a hand in toy retailing will put out some sort of toy list, and Walmart is among them. However if it continues the trend of last year, Walmart won't release its list until early November, which is more in line with when consumers begin thinking about holiday shopping.

  • Diversity leaders honored at NEW gala

    Former Walmart chief information officer and current HP executive Linda Dillman was among a group of 10 executives honored earlier this week as the inaugural class diversity difference-makers was inducted into the Network of Executive Women CPG Retail Diversity Hall of Fame. The inductees received the William J. Grize Award named after the late president and CEO of Ahold USA whose early support of NEW is credited with jumpstarting the organization, which now includes nearly 5,000 members and 400 companies. Grize died in January 2010 at the age of 63 after a short illness.

  • International CFO offers revealing insights

    The Network of Executive Women held its 10th annual leadership summit earlier this week in Orlando, and Walmart’s International CFO Cathy Smith was listed as a featured speaker. Nothing unusual about that, but what made Smith’s appearance unique is that rather than read a canned speech written by someone else, she engaged in a candid conversation with Jan Hill, founder of Hill Enterprises.

  • Walmart expands commitment to solar energy in California

    Sacramento, Calif. -- Walmart is taking its commitment to renewable energy to new levels in California. The chain announced plans to install solar panels on up to 60 additional stores in the Golden State. The initiative, done in partnership with SolarCity, expands the company’s solar portfolio to more than 75% of its locations in California.

  • Walmart to launch global e-commerce empowerment solution for women

    New York City -- Walmart plans to launch a dedicated page on Walmart.com that will feature an assortment of products created by women in nearly two dozen countries, including women who work in cooperatives and own small businesses. Scheduled to be available in spring 2012, products will include jewelry from Guatemala, Thailand and Ethiopia; coffee from Central and South America; and dresses from Kenya.

  • Hobby Lobby and Dollar Tree to open at Cumberland Crossing

    Millville, N.J. -- Fameco Real Estate, LP said that Hobby Lobby and Dollar Tree have signed leases at Cumberland Crossing, located in Millville, N.J., bringing the shopping center to nearly 90% leased.

    Cumberland Crossing is a 258,414-sq.-ft. community center anchored by Walmart. Hobby Lobby signed a lease for 58,822 sq. ft. and Dollar Tree signed a lease for 12,000 sq. ft.
     

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