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Mass Merchant

  • Senate confirms Wal-Mart’s Burwell as White House budget director

    Washington, D.C. -- The U.S. Senate on Wednesday voted 96-0 to confirm former Wal-Mart Foundation president Sylvia Mathews Burwell as White House budget director.

    Burwell, the first fully confirmed budget director since January 2012, when Jack Lew, now Treasury Secretary, left the position to become Obama's chief of staff, received a vote of confidence from her former employer.

  • Walmart provides scheduling visibility to associates

    Bentonville, Ark. -- Wal-Mart Stores Inc. said Wednesday that it is implementing a pilot program that brings increased transparency to its workforce scheduling and allows associates to choose more hours for themselves.

    Walmart said it is piloting the program in Denver and Fort Smith, Ark., to provide associates with transparent and consistent information on available shifts throughout the store and give them the opportunity to request to work any of those shifts.

  • Walmart makes super offer to consumers

    BENTONVILLE, Ark., and BURBANK, Calif. — Walmart has partnered with Warner Bros. to give its customers exclusive access to see "Man of Steel" in theaters nationwide before the film's official release. 

  • Top real estate and store development exec leaves J.C. Penney

    New York -- Another Ron Johnson-appointee and former Apple executive has left J.C. Penney. Ben Fay, who was brought as EVP real estate, store design and development, has left the company, according to the Dallas Morning News. Returning to Penney in an advisory capacity is the chain's former SVP of property development, Tom Clerkin, who took early retirement from the company last year, the report said.

  • RadioShack’s disappointing Q1 sales spell branding changes

    FORT WORTH, Texas — RadioShack posted first quarter 2013 quarter sales of $849 million and a loss of $43 million, compared with $913 million last year and a loss of $8 million.

    As a result of the company’s disappointing first quarter, it has ended its mobile phone partnership with Target. RadioShack said it had stopped operating its Target Mobile centers before the end of last month. The company had operated mobile phone kiosks inside Target stores. 

  • Tampa Saks Fifth Ave. to close doors in May

    NEW YORK — Retailer Saks Incorporated will be closing its Saks Fifth Avenue store located in the WestShore Plaza in Tampa, Fla., May 4.

    “This planned closing is in line with our strategy of using our resources in our most productive Saks Fifth Avenue stores. We regularly assess the productivity, profitability and potential of each of our stores and may determine that a closing is appropriate from time to time,” said Steve Sadove, chairman and CEO of Saks.

  • Walmart exec among keynote speakers slated for Mobile Commerce World

    SAN FRANCISCO — Executives from Walmart, Facebook and Groupon are among the keynote speakers slated for the Mobile Commerce World three-day conference and expo in June. 

    Mobile Commerce World touts itself as the only event of its kind designed to help retail and enterprise executives create the most effective mobile commerce strategies. It will be held June 24-26, at the Palace Hotel in San Francisco. 

    The keynote lineup includes:

  • J.C. Penney names VP human resources

    Plano, Texas -- J. C. Penney Company announced the promotion of Brynn Evanson to EVP human resources, leading all HR functions across stores, supply chain and the home office, including team member relations, recruiting, learning and development, compensation and benefits, and talent operations. Evanson will join the company`s executive board, reporting to CEO Myron E. (Mike) Ullman, III.

    Evanson, 44, joined J.C. Penney in 2009 and most recently served as VP compensation, benefits and talent operations.
     

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