Skip to main content

Mass Merchant

  • Costco maintains comp momentum

    January same-store sales grew 4% at Costco’s U.S. locations excluding fuel sales.

  • Does Social Responsibility = Retail Opportunity?

    In case you missed it, one of America’s biggest and most iconic brands was in the news recently for something other than the latest sales figures: Wal-Mart announced an ambitious plan to hire approximately 100,000 veterans over the next five years.

  • Discount sector posts strong January showing

    New York -- There were few missteps among the discounters in January, as most posted strong results, many surpassing Wall Street expectations.

    Target reported a same-store sales rise of 3.1%, topping Wall Street expectations. Total sales surged 29.6% to $5.97 billion in January.

  • Report: Top 10 myths about multichannel retailing

    New York -- Social media isn’t likely to become an important retail channel anytime soon, according to a new report by PwC. The study, “Demystifying the Online Shopper: 10 Myths of Multichannel Retailing,” found that in-store shopping is still center to the shopping experience.

    “Our report finds that the physical store remains the centerpiece of the purchase journey, while devices are used significantly for product research and deals,” said Susan McPartlin, PwC’s U.S. retail & consumer sector leader.

  • Walmart and Mother Nature Network in Twitter promotion

    Bentonville, Ark. — Walmart and Mother Nature Network are inviting people to use Twitter to express their green ideas for the chance to win a $100 Walmart gift card.

  • Walmart takes to Twittisphere to promote green initiative

    BENTONVILLE, Ark. — Walmart and Mother Nature Network are inviting people to use Twitter to express their green ideas for the chance to win a $100 Walmart gift card.

  • NPD: Consumers typically put off Valentine’s Day to last week

    Chicago -- Seventy-eight percent of those who celebrate Valentine’s Day plan to shop a week or less before the actual day, and still many wait until Feb. 13 or Feb. 14 to purchase, finds recent by The NPD Group.

    Women do not begin their Valentine’s Day shopping much earlier than men; one-in-three female buyers (32%) wraps up her shopping Feb. 13-14, and 47% of men made their final Valentine’s Day purchase on Feb. 13 or 14, according to NPD’s SnackTrack Holidays Valentine’s Day Profile.

  • Kroger promotes perishables VP to head of Central division

    CINCINNATI — Kroger has promoted Jeff Burt, formerly group VP perishables, merchandising and procurement, to president of the company's Central division. Kroger's Central Division operates 136 food stores primarily in Indiana and Illinois.

    Mr. Burt, 50, has been group vice president of perishables merchandising and procurement since 2010. He succeeds Bob Moeder, who recently announced his plans to retire this spring.

X
This ad will auto-close in 10 seconds