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Mass Merchant

  • RILA members arrive in Joplin, Mo., to help cleanup efforts

    ARLINGTON, Va. — Members of the Retail Industry Leaders Association on Wednesday arrived in Joplin, Mo., to help clean up the Midwest city that was hard-hit in May by a category F-5 tornado.

  • Is Walmart losing its pricing edge?

    That was the provocative, if somewhat dated, question Smart Money used as a headline on a story this week based on a consumer survey conducted by Morgan Stanley analyst Mark Wiltamuth. He initiated coverage of Walmart with an ambiguous “equal weight” rating and was quoted as saying, “Many consumers no longer think Walmart has the lowest prices.”

  • Walmart China imports new leadership

    Keeping tabs on key personnel moves at Walmart’s home office in Bentonville is hard enough, but the situation is even more challenging in overseas markets due to an uneven and selective disclosure strategy.

  • South African suppliers gain new ally

    Small suppliers looking to establish business relationships with Massmart following Walmart’s acquisition of a controlling stake in the company would be well served to learn the correct pronunciation of Mncane Mthunzi.

    Mthunzi will fill a new supplier development role at Massmart and comes to the retailer from an organization known as the Consumer Goods Council of South Africa where he served as CEO and Massmart CEO Grant Pattison serves as chairman.

  • Ad activity slows slightly in June, but not at Walmart

    Major retailers collectively dialed back the number of ads inserts and the number of pages in June when compared to the prior year, according to Market Track. The company each month provides RetailingToday.com with an exclusive look at the promotional activity among 16 of the nation’s leading retailers and the interesting statistic that stands out it June is a huge increase in the number of ad pages that hit the market. Click here for a review of promotional activity.

  • And in other pricing news …

    The debate over whether online retailers should be collecting sales tax is one of those “level playing field” issues that puts traditional brick and mortal retailers at a disadvantage. Or does it?

  • June retail sales edge up 0.1%

    Washington, D.C. — A report released Thursday by the U.S. Commerce Department showed that retail sales in June experienced a slight uptick of 0.1%. This comes on the heels of a 0.1% dip in May, the first time in 11 months that sales fell. 

    The June resurgence was attributed to a rise in auto sales and increased spending in big chain stores. Sales excluding gasoline rebounded 0.3% after declining 0.2% in May.

    Sales at general merchandise stores, which include Wal-Mart and Target, increased 0.4% on warmer weather and aggressive discounting. 

  • Wal-Mart replaces departed China COO, CFO

    Shanghai — Wal-Mart Stores Inc. announced it has appointed its current Canada finance chief Sean Clarke as COO over the company’s China operations, after former CFO Roland Lawrence and COO Rob Cissell left the company in May.

    According to a report by Bloomberg, Clarke will be joined by Steve Smith, named chief marketing officer in China. Smith was senior VP at Delhaize Group. 

  • Target.com brings 'Black Friday' back to summer

    MINNEAPOLIS — Target announced that it will once again offer its "Back in Black Friday" online-only sale on July 15. The sale will start around midnight (PST) and end at 11:59 p.m. at Target.com/BlackFriday.

    “Target is always looking at ways to provide our guests with outstanding value,” said Steve Eastman, president of Target.com. “Our Back in Black Friday online-only sale is a great example – offering our guests a summer Black Friday with thousands of deals on their favorite products.”

  • Report: FSI coupon activity down in 2011

    MINNEAPOLIS — Free Standing Insert coupon activity dropped 3.9% over the first six months of 2011 versus the same time period a year ago, Marx, a Kantar Media solution, reported on Wednesday. 

    The decline is the first reported in the first half of the year since 2008, when there was a 3.4% decline. 

    “After several years of significant growth, FSI coupon activity may be stabilizing while more integrated print and digital coupon promotion tactics are emerging,” stated Mark Nesbitt, president of Kantar Media Intelligence North America.

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