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Mass Merchant

  • Report: SEC investigating data breach at Target and several other companies

    Minneapolis – The Securities and Exchange Commission (SEC) is reportedly investigating whether Target Corp. adequately protected its data and informed shareholders about the possible consequences relating to its fall 2013 data breach, according to Bloomberg. The report said that Target is one of several public companies that suffered a data breach which is being investigated by the SEC.

  • Kroger accelerates e-commerce channel growth with acquisition

    Kroger is expanding into new markets and growing its presence in the e-commerce channel with its acquisition of Vitacost.com, a leading online retailer of vitamins and supplements. 

    According to the definitive merger agreement, Kroger will purchase all outstanding shares of Vitacost.com for $8 per share in cash, or approximately $280 million.

  • Sendik’s Food Market to co-anchor The Corners of Brookfield

    Milwaukee -- The Marcus Corp. announced that Sendik’s Food Market will open a 32,000-sq.-ft. grocery store at The Corners of Brookfield, an open-air town center development in the Town of Brookfield, Wisconsin.

    The Balistreri-owned and operated grocer will be located on the Bluemound Road side of the 19-acre site at the intersection of I-94, Barker Road and Bluemound Road at the main entrance to the shopping center.

  • 2014 Summer Outlook: Heat, high winds and hurricanes

    By Kevin Smith, VP of onshore corporate services for ImpactWeather

    According to Forrester Research, weather is the leading cause of business disruptions1. From commodity demands and supply chain interruptions to community assistance, retailers know the power that severe weather has over their economic profits and losses.

  • Target asks customers not to bring guns into its stores

    New York -- Target Corp. on Wednesday requested that customers no longer carry guns in its stores.

    The retailer found itself embroiled in controversy when gun-rights activists in Texas and several other states chose Target stores to demonstrate their belief in the right to openly bear arms. In response, the chain came under heavy fire from groups such as "Moms Demand Action for Gun Sense" and others who expressed concern about firearms being carried into an environment where the shoppers are often accompanied by children.

  • dd’s Discounts to open in downtown Portland, Oregon

    Dublin, Calif. — dd’s DISCOUNTS, a division of Ross Stores, will open a new store in downtown Portland on June 28th in a former Ross Dress for Less location. Counting the new location, dd’s DISCONTS will operate over 140 locations in 13 states. The retailer is on schedule to open approximately 20 locations in 2014.

  • Tilly’s to open in Moreno Valley Mall in Moreno Valley, Calif.

    Moreno Valley, Calif. — National action sports retailer, Tilly’s will open its doors at Moreno Valley Mall on July 1. A grand opening celebration is scheduled for Saturday, July 19. The retailer will occupy 7,148 sq. ft. at the Inland Empire shopping center, which is managed by Spinoso Real Estate Group.

  • Food fraud prevention on WMT menu in China

    Walmart is sponsoring the translation of an industry leading food fraud prevention course into Mandarin as part of a larger effort designed to position  the retailer as a leader in product quality, authenticity and safety.

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