Mass Merchant

A Walmart employee in Canada was fired this week after confronting a customer who left a dog in a truck, according to a television report out of Ontario.

Fort Worth, Texas -- RadioShack Corp. on Friday released a statement in which it said that its balance sheet continues to be strong, with total liquidity of $820 million at the end of the first quarter. The chain released the statement the day after a report said the retailer was considering hiring a financial adviser.

New York -- Canadian grocery giant Loblaw Cos. will test a new retail concept called Nutshell Live Life Well, a freestanding brand targeted to health-conscious shoppers, the Financial Post reported. The move comes as Whole Foods Market eyes greater expansion in Canada.

The first Nutshell will open this fall in downtown Toronto. It will feature a broad assortment of prepared, fresh and packaged foods, a prescription pharmacy, natural health and beauty products, vitamins and supplements.

Twinkies fans devastated by the news that their Hostess snack cake was to be no more have been waiting for its comeback Monday, July 15. Walmart wants those folks to know that they don't need to wait until Monday to treat themselves.

“Twinkies Watch” is officially on at the retailer. Starting today, the new Hostess Twinkies will be available at select Walmart stores nationwide. All domestic U.S. stores will be fully stocked by 12:01 a.m. Sunday, July 14, and stores in Hawaii and Alaska in the coming weeks.
 

Walmart, Target, Best Buy and other retailers created a cooperative nearly a year ago to develop a mobile payment approach and this week they welcomed another major player to the fold.

NEW YORK — Walmart is ditching plans to build three stores in Washington, D.C., after the city council passed a bill on late Wednesday setting a higher minimum wage for large retailers.

“This was a difficult decision for us — and unfortunate news for most D.C. residents — but the council has forced our hand,” said Wal-Mart spokesman Steven Restivo in a statement released after vote, which passed 8 to 5.

Austin, Texas -- Research results released Thursday by coupon site Offers.com found that 67% of U.S. parents with school-aged children plan to spend more than $100 per child on back-to-school shopping this year.

New York -- U.S. retailers' June sales suggest overall consumer spending is improving, even though lower-end shoppers are holding back on nonessential purchases. Same-store sales increased 3.9% in June compared to the year-ago period, according to a preliminary tally of 12 retailers by the International Council of Shopping Centers. The association had expected a 3% to 3.5% increase.