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  • Walmart is leader of the promotional retail pack

    MINNEAPOLIS — According to Kantar Media’s Marx report, retailer promotion activity continued to grow with a 21.6% increase to more than 11.3 billion pages in the first half of 2013, with Walmart leading in retailer activity.

    Following on Walmart’s heels were Walgreens, Target and Family Dollar.

  • Nordstrom Rack to West Palm Beach, Fla.

    Seattle -- Nordstrom has announced plans to open a 35,000-sq.-ft. Nordstrom Rack at Palm Beach Outlets now under construction in West Palm Beach, Fla., in the fall of 2014.

  • Supervalu sees better-than-expected Q1 results

    MINNEAPOLIS — Supervalu reported net sales of $5.2 billion for the first quarter of fiscal 2014, down 1.5%, and net earnings of $85 million, or $0.34 per diluted share. 

    The decrease in net sales primarily reflects a decline in identical store sales of negative 3% percent for retail food and negative 1.9% for Save-A-Lot. Identical store sales for corporately operated stores within the Save-A-Lot network were negative 1.2%.

  • 99 Cents Only Q4 net sales increase nearly 10%

    CITY OF COMMERCE, Calif. — 99 Cents Only Stores announced its financial results for the fourth quarter and full-year fiscal 2013 ended March 30, 2013.

    The company's net sales increased 9.7% to $434.8 million for the fourth quarter of fiscal 2013 compared to $396.4 million for the fourth quarter of fiscal 2012. Same-store sales, calculated on a comparable 13-week period, increased 4.4%.  

  • Study: Millennials opt for Walmart over Amazon

    Kansas City -- A new study of the millennial generation shows that many 25- to 34-year-old shoppers change their purchasing habits and behaviors after they start their families.

  • Big Lots searches for new head merchant

    COLUMBUS, Ohio — Big Lots EVP and CMO John C. Martin has announced his plans to retire. He will remain with the company until his successor is appointed, and has committed to provide guidance to his successor and the company through May 2014.  

    Big Lots has retained SpencerStuart to conduct a search of external potential candidates.

  • Meijer is ready for back to school

    GRAND RAPIDS, Mich. — Meijer conducted a survey of its customers, which revealed that 90% of them plan to spend the same or more than they did last year and 40% will have completed their back-to-school shopping before the school year begins. 

    Median spend will range between $101-$150 per student and $201-$250 in total. In addition, 15% of parents expect students to help pay for a portion of school expenses and nearly 30% will get help from grandparents.

  • Consumables and pharmacy buoys Fred's June comps

    MEMPHIS, Tenn. — Fred's Super Dollar reported $187.7 million in sales for the five weeks ended July 6, up 3% as compared to the same period a year ago. Comparable store sales for the month increased 4.5%.

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