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Retail

  • Top five social media trends for retail industry

    Seattle — Pinterest will emerge as a stronger alternative to Facebook and Twitter, according to global research and analytics firm Blueocean Market Intelligence. The company analyzed the online data of the nation’s top 100 retailers from September through December 2013 as part of its on-going study assessing the business impact of top retailers’ social media efforts.

    Based on the analysis, Blueocean Market Intelligence predicts the following top social media trends for the retail industry in 2014:

  • Whole Foods to Mayfair in Wauwatosa, Wis.

    Chicago, Ill. — Whole Foods Market has signed a 45,150-sq.-ft. lease to anchor the second phase of The Mayfair Collection, a large-scale, mixed-use development in Wauwatosa, Wis. It will be the specialty grocer’s second store in the Milwaukee metropolitan area.

    Plans for the second phase of the center also include approximately 50,000 sq. ft. of junior anchor retail space, a mix of upscale bars and restaurants, a bank branch and a 140-room hotel.

  • Mars Advertising propels growth with promotions and new hires

    Mars Advertising has made changes to its team of shopper marketing experts in an effort to capitalize on a year during which the company expanded its portfolio of high profile clients and reported “solid” growth.

  • The Container Store launches employee fund

    Dallas — The Container Store Group Inc. has launched its Employee First Fund, an employee assistance fund that will provide grants to employees experiencing unforeseen emergencies, a major medical situation, are suffering from a catastrophic event, or facing other challenges in life which they are not financially prepared to handle. The Container Store is contributing $100,000 to kick-off the fund, and after that, employees and other stakeholders have the opportunity to make donations.

  • GNC focuses on expansion following Q4 results

    Despite a challenging retail environment, GNC performed well during the fourth quarter and fiscal year 2013, generating what chairman, president and CEO Joe Fortunato described as solid top and bottom line growth.

    For the quarter, net income slightly rose to $47.7 million from $47.4 million in the same period the prior year.

  • Starbucks expands in Southeast Asia

    Seattle — Starbucks Coffee Company is opening its first store in Brunei, the company’s 64th global market, and its 100th store in Singapore, which will give people with autism the opportunity for employment and skills.

  • Container Store marks Valentine’s Day with employee fund launch

    The Container Store is marking Valentine’s Day with the launch of its Employee First Fund — an employee assistance fund that will provide grants to employees experiencing unforeseen emergencies, a major medical situation, a catastrophic event or other challenges in life that they are not financially prepared to handle.

  • Report: Data breach hits Tesco

    Cheshunt, U.K. — Major British supermarket chain Tesco plc has reportedly been the victim of a data breach. According to CNBC, hackers have gained access to the personal data of more than 2,000 Tesco customers and posted it online.

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