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  • Aldi, Google and Amazon top survey of ‘simple’ brands

    New York – Grocery discounter Aldi has been ranked the world’s “simplest” brand, with simplicity defined as a clarity of purpose that enables employee innovation and customer service. According to the annual 2013 Global Brand Simplicity Index from strategic marketing firm Siegel & Gale, Amazon.com is ranked second, followed by Google, which came out on top this year. The report is based on a study of 10,000 consumers in seven countries,

  • From Sears Canada to head of Sephora Americas

    Beauty retailer Sephora has appointed former Sears Canada and Loblaws executive Calvin McDonald as president and CEO of Sephora Americas, effective Jan. 1, 2014.

    McDonald succeeds David Suliteanu, who has led Sephora since July 2000. Suliteanu is becoming the CEO of Kendo Brands, a separate LVMH entity, which creates new beauty brands, as well as acquires brands. The Kendo portfolio today includes brands, such as Ole Henriksen, Kat von D, Formula X and Marc Jacobs Beauty, with others in development.

  • New store format boasts Cabela’s Q3 results

    Sidney, Neb. – Cabela’s said that strong performance from its next-generation store format helped drive its third quarter net income up 16.6%, to $49.9 million compared to $42.8 million in the year ago quarter. The company also announced plans for three new stores.

    Revenue grew about 15%, from $741.2 million to $850.8 million. Same-store sales grew 3.9%.

  • Cabela's has strong third quarter

    Despite the challenging economic landscape and a decrease in firearms sales, Cabela’s comparable store sales for the third quarter ended Sept. 28 increased 3.9% — the company’s eighth consecutive quarter of comp store sales increases. Excluding firearms, comparable store sales increased 5.3%.

  • Coupons.com names Safeway exec as COO, CFO

    Mountain View, Calif. – Coupons.com Inc. has hired Mir Aamir, former president of loyalty and digital technologies at Safeway Inc., as the company’s COO and CFO. Aamir brings more than 18 years of finance, strategy and operating experience, primarily in the retail CPG industries.

  • GNC to invest in supply chain following third quarter results

    GNC plans to make some major supply chain investments in 2014, including opening a fourth distribution center serving domestic stores, located near Indianapolis, following strong results for the third quarter.

    The company reported a net income increase of 17.3%, from $62.2 million to $73 million.

    Revenue grew about 9%, from $621.6 million to $675.6 million. Same store sales increased approximately 6.7% in domestic company-owned stores, including GNC.com sales, in the quarter, while in domestic franchise locations, same-store sales increased 5.9%.

  • Samsung Electronics Canada opening 90 in-store shops in Best Buy Canada and Future Shop

    MISSISSAUGA, Ont. -- Samsung Electronics Canada is opening 90 new format Samsung Experience Shops  in partnership with Best Buy Canada and Future Shop.  
     
    The company plans to expand its Canadian retail footprint with the opening of two freestanding Samsung Experience Stores, one in Edmonton, Alberta, and the other Richmond, B.C. All retail locations are scheduled to open by spring 2014.

  • Carter's reports record third quarter sales

    Carter’s, parent company of Carter's and OshKosh B'gosh, reported record sales in the third quarter, driven primarily by growth in the company’s Carter's brand and international businesses.

    “Our growth reflects the strength of our brands and multi-channel business model,” said chairman and CEO Michael D. Casey. “We believe we are well-positioned with strong product offerings and compelling promotions heading into the holiday season and expect to achieve our growth objectives this year."

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