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Retail

  • Walmart launches ‘Real Walmart’ ad campaign

    Bentonville, Ark. -- Wal-Mart Stores Inc. announced Monday that it has launched a new TV and digital ad campaign designed to demonstrate what the retailer describes as “The Real Walmart.”

    The campaign also includes a dedicated website – therealwalmart.com – demonstrating how consumers rely on Walmart to save money, on the company’s career opportunities, and detailing how it creates efficiencies and works directly with manufacturers to help deliver low prices.

  • A Fashion First

    When The Mall at Bay Plaza opens to the public in 2014, adjacent to the highly successful outdoor Bay Plaza Shopping Center, it will be heralded as the first enclosed fashion mall in the New York City area in nearly 40 years.

    That’s big news. Particularly at a time when new development has taken a back seat to redevelopment of existing assets.

  • Consumer spending stays flat

    Washington, D.C. -- U.S. consumer spending averaged $86 a day in April 2013, according to new figures from Gallup. This number is essentially flat compared to $89 in March and $83 in February.
        
    According to Gallup analysis, the lack of change in consumer spending in recent months may reflect the recent increase in payroll tax, as well as the early Easter holiday. Consumer spending remains well above levels recorded during the economic recession of 2008-2011.

     

  • Walgreens April sales climb

    Deerfield, Ill. -- Walgreens reported April 2013 sales of $5.98 billion, up almost 4% from $5.76 billion in the same month a year earlier.
       
    Despite declines in front-end sales, comparable front-end sales and customer traffic, slightly larger basket sizes and an almost 10% increase in comparable prescription fills helped boost overall sales.

    Same-store sales increased 1.2% from April 2012.

     

  • Parametric’s directed sound going into more Build-A-Bear Workshop stores

    San Diego, Calif. -- Parametric Sound Corp. announced that Build-A-Bear Workshop  will include the company's directed-sound product, HyperSound, in an additional 20-25 newly designed stores that it plans to open across North America this year. The stores have received rave reviews since the retailer unveiled its new interactive design in six locations in the fall of 2012.

    HyperSound immerses listeners in a robust 3D audio experience from just two speakers

  • Accenture: Retailers scale back global expansion

    New York -- The world’s largest retailers have been scaling back their global expansion activities, particularly in Asia, and turning their attention inward by integrating operations and strengthening their store, Internet and mobile sales channels, according to a new report by Accenture.
        

  • Dick’s Sporting Goods names new CFO

    Pittsburgh -- Dick’s Sporting Goods has named Andre J. Hawaux as executive VP of finance and administration and CFO. He will oversee finance, legal, strategic planning and risk and compliance.

    Hawaux has more than 30 years of experience as a retail/CPG executive, most recently as president of consumer foods at ConAgra Foods. He has also served in different executive roles in several divisions of PepsiCo.

     

  • Uniqlo, Westchester’s Ridge Hill, Yonkers, N.Y.

    Uniqlo has opened its seventh U.S. location to date, in Westchester's Ridge Hill center, in Yonkers, N.Y. The two-level, 24,000-sq.-ft. store is also the retailer's first outdoor lifestyle center location.

    For more on Uniqlo, click here. And to see a video Uniqlo did for the opening, click here.

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