Skip to main content

Mass Merchant

  • Neighborhood Market comes to bay area

    Walmart’s efforts to gain share in California’s grocery market continued this week with the opening of another Neighborhood Market in San Jose.

    The 41,000-sq.-ft. store is Walmart’s second Neighborhood Market in San Jose and third in the San Francisco area and could be a sign of more to come. Since opening it first Neighborhood Market in California last summer, the format has quickly grown to approximately 20 locations. And there are likely more to come as Walmart looks to accelerated expansion of smaller format stores nationwide in the coming years.

  • Maxine Clark, CEO of Build-A-Bear Workshop, to retire

    St. Louis -- Retail veteran Maxine Clark announced she is stepping down as CEO of Build-A-Bear Workshop, the chain she founded in 1997. Clark, 63, said she will remain as CEO until a successor is found. She will also remain on the company's board of directors.
     

  • Perrigo buys another pet care company

    Leading private label supplier Perrigo has acquired pet health company Velcera for $160 million.

    The deal follows last fall’s acquisition of Sergeants and signals Perrigo’s intent to accelerate growth in areas beyond its traditional businesses of consumer health care, nutrition products and prescriptions. Velcera is a pet health company best known for is PetArmor brand of flea and tick products that are widely available at retailers nationwide, much to the chagrin of veterinarians. PetArmor’s had sales of $60 million last year.

  • Sears Canada lays off 700 employees

    New York -- Sears Canada is letting go of 700 workers as part of a plan to "right-size" the operation.

    The lay-offs will include 360 department store associates and about 300 distribution center workers, as well as some head office personnel.

    Sears Canada, majority-owned by Sears Holdings Corp., has falling sales. It is also facing major competition by Wal-Mart Stores and Target, which is set to make its Canadian debut this spring.

     

  • Barneys launching a permanent off-price website

    New York -- Barneys New York said Thursday it will launch its off-price website Barneyswarehouse.com on Monday, following a two-week pilot in August. Merchandise on the warehouse site will be past-season sale items at discounts of up to 75% off retail, and will be used along with its brick-and-mortar outlets for liquidation.

  • Union agrees to end picketing at Wal-Mart stores

    New York -- Labor groups that have long spoken out against Wal-Mart Stores will stop much of their picketing against the world's largest retailer, though they still plan to continue to push the company to improve working conditions.

    The United Food and Commercial Workers International Union, or UFCW, and OUR Walmart reached an agreement with the National Labor Relations Board, the groups and Walmart said on Thursday.

  • Facebook friends retailers with new gift card program

    SAN FRANCISCO — Target has found a new friend in Facebook, as the retailer has become one of the first businesses to participate in the social network's new gift card program.

    According to a Reuters report, consumers can buy cards for their Facebook friends for use at four different businesses including Target, LVMH Moet Hennessy Louis Vitton SA's Jamba Juice and Darden Restaurants Inc's Olive Garden.

  • Walmart prevails in union ordeal

    Organized labor was dealt a setback in its attacks on Walmart on Thursday when the National Labor Relations Board sided with the retailer in a dispute involving the United Food and Commercial Workers.

    The UFCW reached a settlement with Walmart stemming from demonstrations the union organized at various Walmart stores on Black Friday. The protests received considerable media attention at the time as the union sought to persuade Walmart employees to walk off the job on the busiest day of the year.

X
This ad will auto-close in 10 seconds