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Mass Merchant

  • Survey: Target and Apple take the lead in mobile shopping

    Boston -- Target was the most-browsed mobile app/site in 2013, and Apple’s mobile app/site is where consumers purchase the most, according to a new study from Mobiquity.

  • Wal-Mart International names new CEO

    Bentonville, Ark. – Wal-Mart Stores named David Cheesewright, 51, as the new president and CEO of Walmart International. He succeeds Douglas McMillon, who is set to become the chain’s CEO, the retailer's top executive. Both assume their new roles on Feb. 1, 2014.

  • Survey: Many holiday shoppers still active with lists not finished

    Charleston, S.C. -- After a successful extended Black Friday and another week in the stores, a healthy proportion of holiday shoppers are well on their way to being finished with their gift buying, according to the America’s Research Group and Inmar Holiday Shopping Survey.

  • David Cheesewright appointed Walmart International chief

    Currently president and CEO of Walmart's Europe, Middle East and Africa (EMEA) and Canada region, David Cheesewright has been promoted to president and CEO of Walmart International, the company's second largest operating segment.

    Cheesewright will report to Doug McMillon, who was tapped to succeed Mike Duke as the company's president and CEO. Both assume their new roles Feb. 1, 2014. Cheesewright's successor will be named at a later date.

  • Nordstrom Rack to increase New Jersey footprint

    Seattle -- Nordstrom announced plans to open a Nordstrom Rack at Livingston Center in Livingston, N.J. The approximately 32,155-sq.-ft. store is scheduled to open in fall 2014.

    The developer for the project is G&S Investors.

    "We're excited about the opportunity to open our third Nordstrom Rack in New Jersey at a great location in the Livingston community," said Geevy Thomas, president of Nordstrom Rack.  

  • New stores fuel Burlington’s third-quarter results

    Burlington Stores credited performance at new stores for driving net sales during the third quarter.

    The company’s net sales increased 10% to $1.06 billion, from $967.9 million. The increased was fueled primarily by a $53.2 million increase in sales related to new stores and stores previously opened that are not included in same-store sales, as well as a 3.9% increase in same-store sales.

    The company also shrank its net loss to $7.4 million from $16.8 million during the quarter, compared to the prior-year quarter.

  • A Poultry Turnout or a Bigger Slice of the Pie?

    We are all susceptible to media hype, and to established narratives, so it’s easy to miss important details in the growing chaos and chatter that surrounds Black Friday each year. We see big crowds and big bargains and a holiday shopping event that used to be a day now morphing into a brick-and-mortar and online extravaganza that lasts more than a week. That said, we should be asking what is really going on behind the scenes — and behind the numbers — and what does that mean for retailers for the rest of the holiday shopping season?

  • Retail imports climb in December, full year 2013

    Import volume at the nation’s major retail container ports is expected to grow 1.8% in December, compared to the same month last year, and the year should end with an increase of 2.3% from 2012.

    According to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates, U.S. ports followed by Global Port Tracker handled 1.43 million 20-ft. Equivalent Units (TEU) in October, the latest month for which after-the-fact numbers are available.

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