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Club & Warehouse

  • Top retailers back Obama climate change pledge

    Ikea and Best Buy are among the top retailers supporting a U.S.-sponsored pledge to act on combating climate change.

    President Barack Obama met with a group of business leaders Monday at the White House to announce the signatories of the American Business Act on Climate Pledge.

    "The perception is that this is an environmental issue, it's for tree-huggers, and that hard-headed business people either don't care about it or see it as a conflict with their bottom lines," Obama said.

  • Santa's sleigh will be powered by drones

    Best Buy has formed a retail partnership with the manufacturer of what is expected to be one of the hottest selling items in consumer electronics this holiday season.

    The retailer is teaming up with Yuneec International to offer the Typhoon drone series, which includes the Typhoon Q500 4K and Typhoon G multicopters, as well as the Typhoon Wizard, a new ultra-lightweight remote control drone.

  • Costco adds digital knowledge to its board

    Costco is adding a bit of digital expertise to its ranks with its latest new board member.

  • New head merchants named at Walmart, Sam’s Club

    Photo: Steve Bratspies

  • Sam’s Club makes major strategy, personnel moves

    Sam’s Club made some expansive personnel and strategy changes focused on merchandising on the same day that Walmart announced job cuts at its home office in Bentonville, Arkansas.

    In a memo sent to Sam’s Club employees on Friday, Sam’s Club CEO Rosalind Brewer said the company “has been conducting an in-depth analysis of its business to map out a winning path for the future of Sam’s Club.”

    The four key elements to the new strategy include:

  • Costco readies expansion ahead of holidays

    A strong dollar and tumbling gas prices made Costco’s fourth quarter sales results seem weak. They weren’t and now the company plans to open 12 more clubs before year end.

  • Target kicks off the holiday price wars

    The competition for retailers selling online just got a lot more intense with a new price-match policy from Target just ahead of the prime holiday shopping season.

    Beginning Oct. 1, Target will price-match the websites of 29 major retailers in stores and for purchases from their website.

  • Sam’s Club supports Young Entrepreneurs Academy

    Sam’s Club and the U.S. Chamber of Commerce Foundation are investing in an innovative program to help spawn the next generation of entrepreneurs.

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