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Retail

  • Walgreens a destination for Christmas procrastinators

    Truly last minute shoppers will be able to visit the corner of happy and healthy this Christmas Eve and Christmas Day where Walgreens said most of its nearly 8,200 stores will be open.

    The company, which features “at the corner of happy & healthy” as its advertising tag line, said most stores will be open until midnight on Christmas Eve and its roughly 1,600 24-hour stores would stay open around the clock. On Christmas Day, most of the company’s non-24-hour stores will be open from 9 a.m. until 5 p.m.

  • Weekend spending drives better-than-expected sales

    U.S. retail e-commerce spending from desktop computers for the first 45 days of the November-December 2013 holiday season totaled $37.8 billion, according to comScore. For the first time ever, the most recent workweek saw five individual days eclipse $1 billion in spending, led by Green Monday with $1.4 billion.

  • HBC looks to new president to drive growth

    Hudson’s Bay Company has named Donald Watros, currently the company’s COO, as president of HBC, a newly expanded role. The appointment is effective Feb. 1, 2014.

    The move comes as the company restructures its leadership so it can focus on managing and growing HBC’s presence in North America, as well as its expanding portfolio of brands.

  • Grocery vet Tuffin to lead Kroger retail

    Another piece of the leadership puzzle fell into place at Kroger as the company continues to execute a succession strategy backed by the tailwind of 40 consecutive quarter of same store sales growth.

    Kroger named Mark Tuffin to the role of SVP of the company’s retail divisions to fill a position previously held by Michael Ellis who was elevated to the role of president and COO last month. Tuffin previously served as president of the company’s Smith’s Food and Drug Stores division.

  • Whole Foods ups U.S. growth outlook

    Faced with unwavering demand for its brand of food retailing and an abundance of potential locations, Whole Foods executives on Tuesday increased their forecast for U.S. store growth to 1,200 locations from 1,000.

  • Many Americans shoppers don’t buy into holiday discounts

    The majority of American shoppers think that holiday discounts advertised by retailers are faked, according to a survey conducted by British marketing consultant David Rawlings.

    Rawlings’ Google survey, "Before-Christmas sales — Do you believe the discounts are genuine?" queried 1,500 American Internet users, and found that more than 70% of those polled answered "no" to that question.

  • Macy’s bolstering omnichannel initiative

    Macy’s plans to build a major direct-to-consumer fulfillment center near Owasso in Tulsa County, Okla., to support continued sales growth driven by Macy’s omnichannel strategy.

    The site is strategically located near the intersection of 76th St. North and Lakewood Ave., about 12 miles north of Tulsa. The company is expected to invest more than $170 million in the facility.
     

  • DNA Brands expands to southern half of Illinois

    DNA Brands, maker of DNA Energy Drink, has signed a new distribution agreement with Koerner Distributor to sell its rebranded energy drink line and latest energy coffee drink products.

    Koerner Distributor has four branches which cover a population of more than 1 million people in 52 Illinois counties. Koerner distributes of beer, wine and liquor brands such as Miller, Coors and Corona to retailers such as Schnucks, Shop N Save, Deirberg's, Circle K, Casey General Store and Huck's.

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