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Mass Merchant

  • Wal-Mart labor settlement calls for safety fixes at 2,857 stores

    Washington, D.C. -- In a settlement agreement with the U.S. Labor Department, Wal-Mart Stores Inc. has agreed to improve safety conditions for employees who use trash compactors and cleaning chemicals at 2,857 Walmart and Sam’s Club stores in 28 states.

    The retailer will also pay a $190,000 fine to fix hazards uncovered during an Occupational Safety and Health Administration inspection at a store in Rochester, N.Y.
     

  • Heidi Klum dons Jordache jeans for latest ad campaign

    NEW YORK — Jordache has chosen supermodel, designer, entrepreneur and host of television’s Project Runway and America's Got Talent, Heidi Klum, as the face of its latest ad campaign.  

    Shot by photographer, director and longtime Klum collaborator, Rankin in Los Angeles, the commercial casts Klum as a pied piper who leads a suburban cast and a not so suburban cast to the beat of Bee Gees Stayin' Alive.  

  • Five Below bids adieu to COO, seeks president

    Philadelphia - David Johnston, COO of Five Below, Inc., will leave his position at the company effective Aug. 31. In the wake of his departure, the company is seeking a president who will report directly to co-founder and CEO Thomas Vellios.

  • Deal report has Walmart linked to Hong Kong

    Walmart may make a bid for 345 store Hong Kong supermarket chain known as ParknShop that is owned by Hutchison Whampoa, according to a Reuters report that cited people familiar with the matter.

    Walmart is often linked to international retailers as a potential acquirer and according to the Reuters report it is among eight potential suitors for ParknShop who have until August 16 to submit preliminary offers.

  • OfficeMax Q2 sales slump

    NAPERVILLE, Ill. — OfficeMax has reported weak second-quarter retail sales as the merger with Office Depot, which reported weak second-quarter sales last week, moves forward.

  • Morris-Floyd acquires Amarillo’s Wolflin Village

    New York -- Morris-Floyd Capital Partners has acquired the 159,861-sq.-ft. Wolflin Village shopping center in Amarillo, Texas. Anchored by Talbot’s, Office Depot and Shepler’s Boots’n Jeans, the center ranks as Morris-Floyd’s ninth acquisition. CBRE represented the seller, Dunhill Partners, which acquired the property in 2009 from Weingarten Realty Investors www.weingarten.com.

    The center is 97% leased

  • Delia’s beefs up operations team

    NEW YORK — Delia’s, a multichannel retailer that primarily markets to teenage girls, has hired Daphne Smith as the company’s EVP of operations, reporting to CEO Tracy Gardner.

    Smith was previously with J.Crew for 16 years, working in various roles including SVP of direct. She has spent the past 18 months at New York & Company as the company’s SVP of e-commerce.

  • Amazon.com tops Temkin Web Experience Ratings

    Waban, Mass. – Amazon.com was the top-ranked company across 19 industries in the 2013 Web Experience Ratings from Temkin Group. Amazon.com had a score of 77%, almost 21 percentage points higher than the retail industry average.

    Other retailers in the top 10 included eBay, tied for fifth place at 70%, and QVC, tied for eighth place at 69%. Taco Bell and Kmart earned ratings that were at least 15 points below the retail industry average. Old Navy was the only retailer to have a double-digit score increase from last year.

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