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  • Walmart to buy Russian retailer eventually

    Walmart removed all doubt about how it intends to enter Russia this week when it announced the closure of its office in Moscow. The office was opened two years ago to investigate opportunities in the country, but international division president and CEO Doug McMillon said it no longer made business sense to maintain the facility.

  • Nourison names national accounts director

    SADDLE BROOK, N.J. - Rug manufacturer Nourison has named Sabrina Roberts has been director of national accounts. Roberts will be responsible for the opening and development of key national accounts at Nourison, as well as assist in expanding business with existing national retail accounts. 

    Roberts was most recently with JCPenney, where she helped grow the company's home division online and served as senior buyer for its area and accent rug division. 

     

     

  • Sears Holdings signs licensing deal with Everlast

    NEW YORK - Everlast Worldwide announced the signing of a long-term, direct-to-retail licensing deal with Sears Holdings. Through the agreement, Sears Holdings will have the U.S. license for the Everlast brand in their 850 Sears doors and the Everlast Sport brand in 1,325 Kmart doors as well as launching on sears.com and kmart.com. The long-term agreement gives Sears and Kmart the rights to the Everlast brand for apparel, footwear and accessories for men, women and kids. Sears and Kmart plan to launch the brand nationwide beginning in the spring of 2011.

  • Walmart, CVS and the nature of competition

    The word competition gets tossed around a lot in the retail industry as operators talk about market positioning -- who they do and don’t compete with. Oftentimes, companies will refer to direct competitors, but one thing about Walmart is that it has always tended to take the broad view of competition in that any company, no matter how small, who sold anything offered at Walmart was viewed as a competitor.

  • Survey reveals top apparel store picks

    According to a new survey from customer intelligence firm, Market Force Information, The Children's Place is consumers' top pick for young children's (10 and younger) apparel when the votes are indexed for the number of stores. The Children's Place earned 17% of the votes, while Gymboree ranked second (13%), and Kohl's and Carter's tied for third with 12%. For children 11 and older, Aeropostale was ranked favorite retailer with 17% of the votes, followed closely by Kohl's (16%) and then Old Navy (10%).

  • Ikea gets top accolades in Europe

    BRUSSELS - Ikea announced that it has been named the winner of 'Retailer of the Year Europe' 2010. Retailer of the Year is the largest consumer survey in Europe and this year the survey was held in no less than 10 European countries. More than 1.45 million consumers participated in the consumer survey and assessed over 1,100 retail chains, according to the company.

    In seven out of the 10 countries, Ikea is in the top five of the 'best' retail chains, the company reported.

  • CVS develops photo app for Facebook users

    WOONSOCKET, R.I. — CVS/pharmacy has launched its new CVS Express Photo App, which enables Facebook users to order prints from their Facebook albums without leaving the website, with prints ready for pickup in about an hour at their local CVS/pharmacy.

  • CVS/pharmacy launches photo app for Facebook

    Woonsocket, R.I. -- CVS/pharmacy said Tuesday it has launched a new CVS Express Photo App that allows Facebook users to order prints from their Facebook albums without leaving the website. The prints are ready for pick up in about an hour at users’ local CVS/pharmacy.

  • NYC Retail Preview: Stores to See

    Making your NRF Show plans? Don’t forget to allow yourself time to check out the Big Apple’s exciting retail scene. Here’ s a quick hit list of the city’s newest retail stars:

  • U.S. retail sales rise in November

    Washington, D.C. -- Tuesday’s report by the U.S. Department of Commerce showed a fifth straight month of sales gains in November for U.S. retailers. Monthly retail sales figures for November were up 0.8% over October and 7.7% over November 2009.

    Retail sales excluding auto sales were up 1.2% over the previous month and 6.7% over November 2009.

    Department stores were the big November winners, recording the biggest sales rise in two years of 2.8%.

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