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Mass Merchant

  • Macy’s, J.C. Penney failing to reach resolution on Martha Stewart dispute

    New York City -- On the heels of earlier reports that Macy’s and Martha Stewart Living Omnimedia were able to reach a settlement in their ongoing legal dispute over Martha Stewart sales at J.C. Penney, reports surfaced on Friday that Macy’s and Penney were unable to find their own agreement.

    According to multiple sources, talks between Macy’s and Penney fizzled, making it likely that a judge will have to decide the dispute over home goods designed by Martha Stewart.

  • Former Walmart exec joins Indian retailer

    Raj Jain, the former head of a joint venture between Walmart and Bharti Enterprises, has joined Bharti Retail as CEO.

    Jain spent six years with the joint venture, Bharti Walmart, most recently serving as president of Walmart India. He left the joint venture in June 2013, four months before Walmart and Bharti announced they would independently pursue retail opportunities in India.

    Joining Jain at Bharti Retail is his former joint venture colleague Panka Madan who will serve as CFO. Madan also served as CFO of Bharti Walmart but left the joint venture in 2012.

  • Cole acquires Bowling Green’s Shoppes on South Main

    Oakbrook Terrace, Ill. — Cole Real Estate Investments has acquired The Shoppes on South Main in Bowling Green, Ohio, according to Mid-America Real Estate Corp.’s (www.midamericagrp.com) investment sales team, the firm that brokered the transaction on behalf of the seller, Chase Properties.

    The 110,769-sq.-ft. shopping center features anchor tenants T.J. Maxx, Staples, Petco and Dollar General. Home Depot and a Wal-Mart Supercenter shadow anchor the center.

     

     

  • Target has problems with some gift cards

    New York — Target Corp. said a “small percentage” of its gift cards were not properly activated and, as a result, are not working properly when customers try to redeem them.

    “We are aware that some Target gift cards were not fully activated and apologize for the inconvenience,” Target spokeswoman Molly Snyder said in an e-mail, Reuters reported.

  • Walmart does donkey meat doubletake in China

    Food safety and compliance issues earned Walmart some unwanted attention this week after it was learned that snacks made with donkey meat in China were also found to contain fox meat.

  • Walmart, Walgreens fill public-exchange prescriptions at no upfront cost

    Bentonville, Ark. -- Through the end of January 2014, customers at Walmart and Walgreens who have signed up for public health exchanges but have not yet received their plan identification information from their insurance providers will be able to fill up to a 30-day supply of prescriptions with no upfront cost.

  • Obamacare glitch represents retail opportunity

    Walgreens, Walmart and Kroger were among major retailers quick to implement temporary new programs designed to help customers coping with one of the many glitches associated with the roll out of the Affordable Care Act.

  • All Boxes Are Not Created Equal: Packaging Optimization Is Key to Big Supply Chain Benefits

    By Rich Thompson, managing director of supply chain & logistics solutions for the Americas at Jones Lang LaSalle

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