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Mass Merchant

  • ComScore: U.S. online sales up 14% to $37.5B in Q2

    Reston, Va. -- Online U.S. retail spending in second quarter 2011 reached $37.5 billion for the quarter, up 14% versus year ago, comScore reported Monday. This growth rate represented the seventh consecutive quarter of positive year-over-year growth and third consecutive quarter of double-digit growth rates.

  • Retail Chains Fall Short on Tax Credit & Incentive Opportunities

    By Fred Stiftel, [email protected]

  • Walmart expands check, card cashing services

    Bentonville, Ark. -- Walmart announced on Monday that it is expanding its check and card cashing services to accept more types of checks and take more forms of identification from shoppers.

  • The hits keep coming for P&G and Walmart

    The seventh installment in the Family Movie Night entertainment initiative between Procter & Gamble and Walmart is set to air this Saturday at 8 p.m. on NBC. The made-for-TV movie, Who is Simon Miller?, is billed as a heart-pounding summer spy drama that tests the limits to which families will fight for each other that will keep the whole family riveted.

  • A deal is a deal, except in South Africa

    Operating internationally is full of pitfalls and political peculiarity, as Walmart has again discovered in South Africa where various government officials are attempting to wring additional concessions from the company related to its acquisition of Massmart.

  • Always darkest before the dawn

    There was a lot of negativity in the air this week regarding Walmart. Jefferies & Co. analyst Dan Binder downgraded the company on Tuesday and proceeded to appear on CNBC where he expressed concerns about company specific issues at Walmart regarding turnaround initiatives not gaining traction in the time frame he had hoped for.

  • Report reveals increase in online retail sales

    PURCHASE, N.Y. — MasterCard Advisors SpendingPulse revealed that online retail sales rose 14% over the year-ago period, marking the 24th straight month of year-over-year growth, as well as the ninth consecutive month of double-digit growth, with improvement in every subcategory except for electronics.

  • Private brands deliver big savings

    NEW YORK — Consumers heading to the grocery store this summer can garner more than 35% in savings if they buy store brands, according to a pricing study conducted by the Private Label Manufacturers Association.

  • Sam's awards healthy living with nonprofit support

    BENTONVILLE, Ark. — Sam's Club announced that the Y received the most votes in its Giving Made Simple campaign for health-focused nonprofits.

    The Y is one of four nonprofits who are benefiting from a Sam's Club total donation of $1.2 million. Each of the nonprofits participating in Giving Made Simple delivers programs that promote nutrition, active lifestyles and health education for all ages, the company reported.

  • Clone of A deal is a deal, except in South Africa

    Operating internationally is full of pitfalls and political peculiarity, as Walmart has again discovered in South Africa where various government officials are attempting to wring additional concessions from the company related to its acquisition of Massmart.

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