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Discount Store

  • Image is everything

    NEW YORK— Target, Kohl's and JCPenney ranked highest among discounters in consumer perception in the first half of 2011, according to YouGov BrandIndex. The company interviews 5,000 people each weekday from a representative U.S. population sample, more than 1.2 million interviews per year.

    Here is YouGov’s Retail Buzz scores for discounters in the first half of 2011:

    1.  Target (33.9) 

    2. Kohl's (29.5) 

    3. J.C. Penney (23.9) 

  • Walmart A.D. (after Dukes) and the case that won’t die

    When the Supreme Court ruled that a sex discrimination case against Walmart wasn’t worth of class action status that was supposed to end things. Wrong.

  • NRF: BTS shoppers focused on value, most shopping later

    WASHINGTON — NRF reported that total back-to-school spending on grades K to 12 is expected to reach $22.8 billion. According to NRF’s 2011 Back-to-School survey conducted by BIGresearch, families with children in grades K to 12 will spend an average of $603.63 on apparel, school supplies and electronics, within a few dollars of last year’s $606.40 average. 

  • Family Dollar names loss prevention VP

    MATTHEWS, N.C. — Family Dollar Stores announced that it has named Christopher Nielsen to the position of VP loss prevention. Nielsen will report to Bryan Venberg, SVP human resources.

  • Long-time JCPenney marketing chief retires

    PLANO, Texas  — JCPenney said Tuesday that its veteran marketing chief Mike Boylson has retired from the company. His successor will be selected by newly minted CEO Ron Johnson in what will be the former Apple executive’s first senior-level appointment at JCPenney.

    Boylson was with the department store chain for more than three decades, the last eight years as chief marketing officer. He said in June he would retire from the company on July 1, according to a JCPenney spokeswoman.

  • Kmart focuses on individual style in latest campaign

    NEW YORK — Kmart is changing its approach to fashion with a new campaign focused on individual style rather than name brands or trends. The campaign, titled "Money can't buy style," will debut this fall and will feature non-actors in Kmart looks they've created themselves.

  • Big Lots completes Canadian trifecta for U.S. retailers

    COLUMBUS, Ohio — Big Lots has acquired 89 Liquidation World stores in Canada and becomes the latest U.S. retailer to pursue growth opportunities north of the border.

    The company said it invested $20 million in cash and assumed certain liabilities in order to purchase all outstanding shares, satisfy debt obligations, and acquire all assets and leasehold rights of Liquidation World, an operator of 89 stores offering closeout merchandise. Big Lots currently operates 1,405 stores in the United States.

  • Dancing on Border’s grave

    I’m not shedding any tears over the demise of Borders and neither is anyone else in the retail industry. It’s just business.

    There are always a few sentimental customers who turn up with a choice quote or two in the formulaic media eulogies that appear whenever a retailer goes under, but those customers will just have to find somewhere else to sip coffee and read books for free.

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