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Mass Merchant

  • Walmart pushes mobile and social media initiatives with key acquisition

    Bentonville, Ark. -- Wal-Mart Stores said Wednesday that its technology unit, @WalmartLabs, has acquired Boulder, Colo.-based mobile and social advertising firm OneRiot.

    OneRiot’s technology will become part of WalmartLabs’ mobile and social shopping efforts, allowing the retailer to hone its social media skills and develop a variety of shopping and retail-related applications.
     

  • Whole Foods daily deal hits record

    Portland, Ore. -- Daily deal site LivingSocial said Tuesday that it has reached new records with its first nationwide grocery deal, implemented with Whole Foods Market.

    The debut deal offered shoppers $20 worth of products at Whole Foods for $10.

  • Retail sales flat in August

    Washington, D.C. -- A report released Wednesday by the Commerce Department said that retail sales were flat in August, the weakest showing in three months.

    Apparel retail sales fell 0.7% in August, following a 0.3% decline in July.  Department store sales declined 0.3%.  General merchandise stores such as Wal-Mart and Target fared better, with 0.1% gains. Analysts said Hurricane Irene likely disrupted sales in late August along most of the East Coast.

  • GMDC names new board members

    PHOENIX, Ariz. — The Global Market Development Center announced that its members have elected two new board members to serve in two-year terms on their board of directors: Mike Petocchi, business group manager HBC/cosmetics with Wegmans Food Markets; and former GMDC chairman of the board, Jim Wonderly, VP grocery non-foods/GM Ahold USA.

  • Former Walmart exec to head Giant-Landover

    Carlisle, Pa. -- Ahold USA said Tuesday it has appointed former Walmart executive Anthony Hucker to head its Landover, Md.-based Giant Food division.

    Ahold, the U.S. subsidiary of Netherlands-based Royal Ahold, said Hucker has been named division president of Giant-Landover, effective Oct. 3, replacing interim president Don Sussman who will assume the role of executive VP supply chain for Ahold USA.

    Hucker most recently served at Walmart as corporate VP and head of the Walmart Express division.
     

  • Target launches Missoni collection to heavy Web and store traffic; site crashes

    Minneapolis -- Target Corp. said Tuesday that its entire website crashed due to unusually high demand for its just-released Missoni for Target collection. Various newspapers reported that the collection was flying off the shelves of stores, and that some stores were sold out within minutes.

    The hotly anticipated Missoni line features some 400 items, ranging from housewares to apparel. It is Target’s largest, limited-time designer collection to date.

  • BJ's opens new wholesale club in Massachusetts

    Northborough, Mass. -- BJ's Wholesale Club said Tuesday it has opened its newest Massachusetts Club location at Northborough Crossing 6102 Shops Way in Northborough, Mass.

    The 120,000-sq-ft. store replaces a 23-year-old BJ's Wholesale Club nearby and adds services such as a gas station, full-service delicatessen, enhanced tire center and integrated liquor shop.
     

  • Best Buy Q2 profit drops 30%, misses Street

    Minneapolis -- Best Buy Co. reported Tuesday that net income for the quarter ended Aug. 27 plummeted 30% to $177 million from $254 million a year earlier, missing Wall Street expectations.

  • Target donates $60K for Texas wildfire relief efforts

    MINNEAPOLIS — Target announced that it has donated $60,000 to assist with Texas wildfire relief efforts. A $25,000 cash donation was made to the American Red Cross with the additional cash and product donations made to other nonprofit organizations in the Texas area.

    Target teams provided 12,000 bottles of water, 3,600 bottles of Gatorade, and 500 boxes of snacks to Bastrop Public Works yard last week, along with donations of clothes, diapers, toiletries and bedding to support wildfire relief efforts, the company reported.

  • Market Track: August 2011

    In the month of August, there was an overall 2% decline in pages and 5% decline in inserts per market versus 2010.

    Lowes was one of the retailers who slowed promotional activity in 2011, by entirely pulling out two weeks of 2-page inserts and by decreasing their page-per-flyer count by an average of 4 pages.

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