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Mass Merchant

  • Study: Mass merchants target diverse consumer group with private label offerings

    ROCKVILLE, Md. — Walmart and Target are targeting multi-cultural and health-conscious consumers with their private-label products directed at multicultural and health-conscious consumers.

  • Jones Lang LaSalle closes sale of Myrtle Beach open-air portfolio

    Myrtle Beach, S.C. -- Jones Lang LaSalle said Thursday it has closed the sale of Windy Hill Shopping Center and North Village Center on behalf of Equity One.

    America’s Realty purchased the two adjacent shopping centers totaling 128,821 sq. ft. and anchored by Roses, Goodwill, Dollar General and Cititrends.
     

     

  • Former RadioShack chief joins Sears Outlets board

    HOFFMAN ESTATES, Ill. — Sears Hometown and Outlet Stores has elected James Gooch to its board of directors and as chair of the audit committee of the board of directors.

  • Walmart’s multifaceted quest for online supremacy

    Walmart held an invite only media event at the San Bruno, Calif. headquarters of its global e-commerce subsidiary and several things were clear as news reports trickled out from the event.

    For starters, Walmart is in full blown experimentation mode and probing many different aspects of how to serve digitally empowered customers even as customers are still figuring out how they want to be served.

  • New Duck Tape print features pop music group

    AVON, Ohio — Duck Tape, a product of ShurTech Brands, announced today a new Duck Tape print featuring the pop music group One Direction.

  • Harris Poll: Kohl’s, Target and Walgreens among brands of the year

    New York -- Kohl’s, Target, and Walgreens were named “Brand of the Year” in their respective categories in the 2013 Harris Poll EquiTrend survey.

    The annual study, conducted by Harris Interactive, reveals the brands that Americans rank highest in brand equity. Surveying more than 38,000 American consumers, it measures the level of quality, familiarity, and purchase consideration for each brand, and then awards "Brand of the Year" status to the top-ranked brand from each category.

  • Survey names Kohl's, Dollar General, Lowe's among top brands

    NEW YORK — Harris Interactive has revealed the brands that Americans rank highest in brand equity. Surveying more than 38,000 American consumers, it measures the level of quality, familiarity, and purchase consideration for each brand, and then awards "Brand of the Year" status to the top-ranked brand from each category.

  • Wal-Mart: Loss from bribery probe likely

    Bentonville, Ark. -- Wal-Mart Stores Inc. revealed in a Tuesday SEC filing that it will most likely incur a loss from bribery probes into its operations in Mexico and other countries.

    According to the filing, Wal-Mart said it expects to incur costs beyond the $157 million it spent on the probes in 2013, but didn’t elaborate on the amount or the size of the potential loss.

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