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  • OfficeMax, Office Depot reportedly discussing merger

    New York -- Office Depot and OfficeMax are in talks to merge, according to reports by the Wall Street Journal and Bloomberg.

    The retailers are discussing as potential stock swap that would result in a single company with nearly $18 billion in revenue, reports said. The combined company would be better positioned to take on Staples, Walmart and other competitors.

  • 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.

  • Meijer investing $160 million in new stores and remodels

    Grand Rapids, Mich. -- Meijer is investing more than $160 million in new store construction and remodeling.

    The investment includes the construction of six new Meijer supercenters, and five major remodel projects.  Michigan, Indiana and Illinois will each welcome two new Meijer supercenters. The remodels planned at an additional four Michigan stores and one Meijer location in Illinois.

  • 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.

  • Study: Dollar stores may benefit from increased payroll tax

    Chicago -- A new Symphony Consulting survey found that the new 2% increase in payroll tax is causing a major shopping behavioral change among lower-income families.

    A division of SymphonyIRI Group, Symphony Consulting revealed Monday that dollar stores may be the biggest winners in the battle for the lower-income spenders’ purchasing power.

  • Gordmans appoints EVP, merchandising chief

    Omaha, Neb. -- Apparel and home décor chain Gordmans announced Monday it has appointed Michael Morand as EVP and chief merchandising officer.

    Morand has served as Gordmans' EVP planning, allocation and analysis since 2008. In his new position, he will lead the combined merchandising and planning team and drive the retailer’s continued expansion in both new and existing markets.

  • RadioShack taps Magnacca as CEO, ‘catalyst for change’

    Fort Worth, Texas -- In an unexpected move, RadioShack said late Thursday that Walgreen Co. divisional president Joseph Magnacca will take the helm of the beleaguered consumer electronics chain as its new CEO.

  • 99 Cents Only sales and profits increase in Q3; six stores on tap

    City of Commerce, Calif. -- 99 Cents Only Stores reported Thursday that profit for the quarter ended Dec. 29 rose 6.5% to $51 million, compared with $47.9 million in the year-ago period.

    Total sales increased 8.8% to $35.6 million, from $403.9 million last year. Same-store sales rose 4.3%.

    The company said it plans to open six stores during the fourth quarter, with most slated to open in California.
     

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