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  • Survey: Six-in-10 consumers oppose Thanksgiving shopping

    Foster City, Calif. – Although many retailers will be open for business Thanksgiving, they may wind up angering more consumers than they please. According to a new survey conducted by Prosper Insights for Visa, 62% of more than 4,600 adult U.S. consumers said they would not shop on and are opposed to shopping on Thanksgiving.

  • Report: Sears considering selling Canadian stores

    Hoffman Estates, Ill. - Sears Holdings chairman Eddie Lampert is reportedly considering selling the company’s Sears Canada stores. According to the New York Post, Lampert has been quietly consulting banks including Goldman Sachs and reaching out to prospective buyers.

  • Vanderlande Industries awarded material handling project at Urban Outfitters

    Gap, Pa. -- Urban Outfitters has awarded Vanderlande Industries a design and build contract for the automated material handling system at their new fulfillment center located in Gap, Pa. The new one million-sq-ft. facility will service their direct-to-consumer and wholesale channels. Urban Outfitters has also contracted Vanderlande’s Customer Services to provide monthly preventative operations and maintenance services.

  • Former Loblaws exec tapped as Shopko CEO

    Shopko has named retail industry veteran Peter McMahon as its new CEO.

    McMahon has more than 30 years of experience in international retail. Most recently McMahon served as the COO at Loblaws. As COO, McMahon was responsible for Loblaws’ supply chain, IT, HR, labor relations, merchandising, store operations and loss prevention functions. Prior to his time at Loblaws, McMahon held senior-level positions at Walmart in Germany and Japan and Tesco in central Europe.

  • McMillon to succeed Duke as Walmart CEO

    Walmart International president and CEO Doug McMillon was given the nod over Walmart U.S. president and CEO Bill Simon to succeed Mike Duke as president of Wal-Mart Stores, Inc., the company announced Monday morning.

    McMillon, 47, will join the board effective immediately, and succeed Duke, 63, on February 1, when Walmart’s new fiscal year begins. McMillon’s successor will be named before the end of the fiscal year, according to the company.

  • Report: MakerBot opens Boston store

    Brooklyn, N.Y. – 3-D printer manufacturer MakerBot has reportedly opened its first Boston retail store, and third store overall. According to the Boston Globe, MakerBot opened the store, located on Newbury Street, Nov. 21.

  • Deloitte: More than half of consumers will shop Black Friday

    New York – More than half of consumers plan to shop on Black Friday this year, although the number has decreased since last year. According to the Deloitte Pre-Thanksgiving Survey, 53% of 1,000 consumers polled will shop on Black Friday, compared to 63% in 2012.

    Younger consumers are more likely to shop Black Friday, with 68% of weekend shoppers age 18-29 planning to shop that day and 44% of Black Friday shoppers in this age group planning to hit the stores between midnight and 5 a.m., compared to 30% of those 30 and older.

  • Survey: Meaning, not price, drives gift purchases

    Boston – A vast majority of shoppers say meaning is the most important factor in choosing a holiday gift to purchase. According to a new survey from online marketplace CustomMade, more than 90% of buyers surveyed said that the most important factor in choosing a gift this holiday season was its meaning to the recipient, while only 18% of respondents found an item’s low price to be highly important to their purchase decision.

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