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Mass Merchant

  • Judge recommends Wal-Mart face shareholder suit

    Bentonville, Ark. – U.S. Magistrate Judge Erin Setser has recommended that Wal-Mart Stores Inc. and former Wal-Mart CEO Mike Duke face a shareholder lawsuit alleging they concealed corrupt activities at Wal-Mart’s Mexican operation.

    The suit, filed by a Michigan pension fund, claims Wal-Mart knew of bribery allegations involving its Wal-Mart de Mexico business in 2005 and conducted an internal investigation in 2005 and 2006, but never notified shareholders.

  • Amazon expands Sunday delivery to 15 more markets

    New York -- Amazon has expanded its Sunday delivery service to 15 additional cities. The service launched last year in the Los Angeles and New York metro areas.

  • Click and collect coming to Bentonville

    Walmart has gotten the green light to build its drive-in grocery center in Bentonville, Ark., near the intersection of S. Walton Blvd. and J St., according to an article in The City Wire.

    The article reported that Bentonville’s Planning Commission approved Walmart’s request “to approve slight variations in its parking stall depths, number of curb cuts and the building materials . . . with no discussion.”

  • Retail sales show strength in April, led by Gap, L. Brands and Costco

    New York -- Many retailers reported better than expected sales in April, helped by warmer weather and a later-than-usual Easter. Gap Inc., L Brands, Costco Wholesale Club, The Buckle, Stein Mart and Zumiez all came in ahead of analysts estimates.

    At Gap Inc., same-store rose a better-than-expected 9% in April. By banner, sales were up 3% at Gap stores, 7% at Banana Republic and 18% at Old Navy. Analysts had expected Gap’s total same-store sales to inch up 0.1%.

  • Costco April sales beat analysts’ expectations

    The timing of Easter this year left Costco with 27 days of sales in April, rather than last year’s 28. But despite the Easter holiday shift, Costco still came out on top with a 7% increase in net sales that reportedly beat analysts’ expectations.

  • Staples Europe adds merchandising exec

    Amsterdam, Netherlands - Thomas Nowak, senior VP merchandising for European e-commerce site Bol.com, will join the Staples team as senior VP of merchandising, Staples Europe, effective Aug. 1. Nowak will report to president of Staples Europe John Wilson, and will be a member of the European leadership team.

  • Amazon expands Sunday delivery

    Amazon customers in 15 additional cities are now eligible for Sunday delivery, according to the online retail giant.

    In addition to the Los Angeles and New York metro areas where Sunday delivery launched late last year, Amazon customers in the following locations are now receiving deliveries on Sunday:

  • Walmart awards TCP 2013 Hardware/Paint Supplier of the Year

    Walmart has named Technical Consumer Products as a 2013 Hardware/Paint Supplier of the Year in appreciation for the company’s support, outstanding contributions and overall operational fulfillment.

    TCP, a leader in energy efficient lighting innovations, currently supplies more than 50 lighting products to Walmart, including LED and CFL light bulbs. Walmart has honored TCP with seven awards for supplier excellence in less than three years.

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