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  • Walmart announces $450 million expansion in Canada

    New York -- Walmart on Tuesday updated its plans for its Canadian division, saying that it plans to complete at least 37 supercenter projects in the country during the company’s next fiscal year (February 1, 2013 to January 31, 2014). The announcement comes a couple of months before Target Corp.’s spring launch of its stores in Canada. 

  • Blockbuster to close 300 stores

    Dallas – Blockbuster will shutter about 300 of its stores in the United States in the coming weeks. The closures will result in the loss of about 3,000 jobs and leave the chain with some 500 U.S. locations, according to a spokesman for Blockbuster parent company Dish Network Corp.

    The closures will affect underperforming stores or those nearing the end of their lease. Specific locations have not yet been announced.

  • Amazon opens new fulfillment center in Calif.

    TRACY, Calif.   — Amazon will open a new fulfillment center in Tracy, Calif., creating hundreds of jobs in the process, the company announced.
     

  • Deloitte: Sales in warehouse club stores to outpace other channels

    New York -- Consumer products executives expect their highest growth to come from the warehouse club channel compared with any other retail sales channel over the next three years, including mass merchandise, grocery, and e-commerce, according to new research from Deloitte.

  • CPG industry expects highest growth in club channel

    NEW YORK — Expect to see more consumer package goods on warehouse club shelves, as a new survey reveals this to be a high growth area for CPG companies.

    According to new research from Deloitte, consumer products executives expect their highest growth to come from the warehouse club channel compared with any other retail sales channel over the next three years, including mass merchandise, grocery, and e-commerce.

  • Tuesday Morning names COO

    Dallas -- Tuesday Morning Corp. announced the appointment of John C. Rossler as executive VP, COO, effective immediately.

    Rossler has been serving as an executive advisor to Tuesday Morning since October, 2012, and his focus has been primarily on operational efficiencies, including overall cost control, supply chain and real estate.

  • Walmart Canada growth to slow

    Walmart’s store count in Canada will increase by nine units during the coming fiscal year following an exceptional rate of growth in 2012.

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