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Mass Merchant

  • PayPal extends reach into physical stores

    Home Depot and Dollar General are among a total of 23 national brand name retailers that now accept PayPal as payment in their physical stores.

    PayPal announced plans to sign up a total of 20 large national retailers by the end of 2012. They closed the year with 23, which means shoppers will have the option of paying for purchases with PayPal at 18,000 physical stores around the United States.

  • Walmart makes pledge to veterans

    NEW YORK — Walmart announced its plans to increase domestic sourcing of the products it sells and hire 100,000 honorably discharged veterans in the next five years.

    Speaking at the National Retail Federation's annual BIG Show, Walmart U.S. president and CEO Bill Simon also announced the company is helping part-time associates who want to work full-time make that transition.

  • Day 2 of BIG Show kicks off with goodwill headliners

    New York -- Monday launched with heavily attended keynote addresses at the National Retail Federation’s 102nd BIG Show at the Jacob Javits Center in New York City.
        
    Former United Nations secretary-general Kofi Annan shared his views about the state of world politics, joined by moderator and Macy’s CEO Terry Lundgren, who also is the outgoing chairman of the NRF.
        

  • Walmart to boost sourcing from U.S. suppliers

    New York -- Walmart plans to significantly boost its sourcing from domestic suppliers over the next decade. The plan was announced during an address by Bill Simon, Walmart U.S. president and CEO, at the National Retail Federation's annual convention in New York. Simon also announced the company is committed to helping part-time associates who want to be full time, make that transition.

  • Meijer appoints new president

    GRAND RAPIDS, Mich. — Meijer has appointed J. K. Symancyk as president, just one year after he was named COO for the Grand Rapids, Mich.-based retailer.

    Meijer, a pioneer of the one-stop shopping concept, operates 199 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois and Kentucky.

  • Target turns to Brightstar and MarketSource for mobile

    Target is relying on two new services providers to operate its mobile business following an end to its short-lived relationship with RadioShack.

  • Radio Shack and Target to end mobile partnership

    Fort Worth, Texas -- RadioShack Corp. announced that it is ending its relationship with Target, where it helps operate Target Mobile in 1,500 Target stores, effective April 8.

    The RadioShack and Target partnership provided RadioShack access to manage Target's post-paid mobility business. But RadioShack did not manage the prepaid mobility business or the wider range of accessories offered in Target stores.

  • Saks CEO new chair of NRF board

    NEW YORK — The National Retail Federation has elected Saks chairman and CEO Stephen I. Sadove to chairman of the NRF board of directors and chairman of its executive committee. Sadove succeeds NRF’s chairman, Terry J. Lundgren, who is chairman, president and CEO of Macy’s.
     

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