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Club & Warehouse

  • Walmart U.S. CFO to share ‘Bigg’ picture

    Brett Biggs, Walmart U.S. CFO, will share his views on the company’s performance during an upcoming Doing Business in Bentonville meeting.

    Bigg’s is slated to speak at the event scheduled for 7 a.m., March 13 in Rogers, Ar., and could have some interesting things to say given the timing of the event. Walmart is due to report fourth quarter and full year results next week on February 21 and then on March 7 the company hosts a two day event in Orlando for store managers and suppliers where new initiatives tend to be unveiled.

  • Tiffany lawsuit shines light on Costco diamonds

    NEW YORK — Jewelry maker Tiffany & Co. is suing Costco Wholesale, alleging that the club retailer falsely marketed diamond engagement rings as coming from the New York-based jeweler, according to published reports.

    News media reported that Tiffany filed suit against Issaquah, Wash.-based Costco in the Federal District Court in Manhattan.

  • Tiffany files suit against Costco for trademark infringement

    New York -- Tiffany & Co. has filed suit against Costco Wholesale Corp., alleging alleges trademark infringement, dilution, counterfeiting, unfair competition, injury to business reputation, false and deceptive business practices and false advertising. Tiffany said it filed the suit “to prevent further sales of counterfeit diamond engagement rings and for damages associated with prior sales.”

  • Apple, Costco and Container Store top ‘100 Best Retailers to Work For’ list

    Raleigh, N.C. -- Apple, Costco and The Container Store top the “2012 100 Best Retailers To Work For” list compiled by The Retail Life online retail community, which was developed by Headway Workforce Solutions. DSW and American Eagle outfitters round out the top five.

    The list, derived from The Retail Life members, was based on a variety of criteria, such as: competitive salaries, employee reviews, company pride, organizational values and culture, socialization opportunities, and career advancement opportunities.

  • Claire's names Sam’s Club merchandising chief as president

    Chicago -- Claire’s Stores announced Tuesday that Sam’s Club EVP and chief merchandising officer Linda Hefner Filler has been named president of Claire’s North America, effective March 1.

    Filler will report to CEO Jim Fielding and will be charged with implementing operational and strategic initiatives for Claire's in the U.S., Canada, Puerto Rico and the Virgin Islands.

  • Costco maintains comp momentum

    January same-store sales grew 4% at Costco’s U.S. locations excluding fuel sales.

  • Sam's raises awareness with free heart health screenings

    BENTONVILLE, Ark. — Sam's Club will offer free heart health screenings at 563 of its stores on Saturday, the club retailer said.

    The screenings, taking place at stores with pharmacies, will include tests valued at up to $100 for glucose, total cholesterol, high-density lipoprotein cholesterol, blood pressure, body mass index and vision screenings.

  • Discount sector posts strong January showing

    New York -- There were few missteps among the discounters in January, as most posted strong results, many surpassing Wall Street expectations.

    Target reported a same-store sales rise of 3.1%, topping Wall Street expectations. Total sales surged 29.6% to $5.97 billion in January.

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