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Retail

  • Room for improvement on reputation

    Despite considerable efforts by Walmart in recent years to improve its reputation, a recent Harris Interactive Reputation Quotient poll shows the company has considerable room for improvement.

    The study, now in its 13th year, surveyed 17,500 consumers about their perceptions of the 60 most visible companies in America. Not surprisingly, a fair number of those were major national retailers who have become household names. Walmart ranked 41st overall on the list of 60 companies and 10 other retailers were ranked ahead of Walmart.

  • Insights on Asia offered at industry event

    With China on pace to become one of the world's biggest retail market, any insight on developing a retail business in this area is welcomed, which is why it is no surprise that Scott Price, president and CEO of Walmart Asia, is scheduled to speak at the World Retail Congress Asia Pacific in Beijing this March.

  • The essential ingredient in healthy, affordable food

    Efforts to make food healthier and healthy food more affordable took center stage last week in Washington, D.C. when Walmart unveiled its new “Great For You,” packaging icon. This week in Orlando food safety took center stage at the Consumer Goods Forum’s annual Global Food Safety Conference where Frank Yiannas, VP food safety at Walmart and co-vice chair of the conference weighed in on collaboration, food safety at a cross roads and Tiramisu.

  • From Russia with media love

    Here we go again. Every so often the media gets a hint that Wal-Mart Stores is looking to expand into Russia and the speculation begins. The latest report from Reuters claims that the retailer still sees opportunity in the country as it looks to possibly by the X5 chain. X5, however, is denying reports that it is in talks with Walmart. Whether a purchase in Russia will happen anytime soon remains to be seen, but anything regarding the biggest retailer and one of the biggest markets will continue to garner attention.

  • Fashion bloggers help fill in the Gap

    NEW YORK — Gap Inc. is turning to the blogosphere for its new "Be Bright" global marketing campaign. The company announced that it has partnered with six fashion and lifestyle blogs to promote its spring collection.

  • Target Canada gets a jolt from Starbucks

    TORONTO — Canadians who need an extra jolt to get through shopping at Target will get some help via Starbucks. Target Canada and Starbucks Coffee Canada have agreed to open Starbucks licensed stores inside most of the 125 to 135 stores that Target plans to open in the region.

  • Retailers invest in customer engagement

    WASHINGTON — Retailers in 2012 will invest heavily in IT, e-commerce, customer service and mobile platforms in order to build customer engagement, a new report from the National Retail Federation Foundation and KPMG found. The report, titled, Retail Horizons: Benchmarks for 2011, Forecasts for 2012," surveyed 247 retail executives from various sectors, outlines retailers’ top strategic initiatives for 2012 including merchandising, ecommerce, store and field operations, supply chain and human capital, among others.

  • Wilsonart names new president

    Wilsonart International, a maker of laminate flooring, countertops and sinks, has named Kristen Manos as its new president. She replaces Bill Gaetano, who announced his retirement late last year. DiGaetano has been president of Wilsonart since 2005 and is a 33-year veteran of the Temple, Texas, company. 

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