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Mass Merchant

  • NRF exploring legal options after preliminary approval of swipe fee deal

    Washington -- The National Retail Federation on Friday said it will explore all legal options following a judge’s preliminary approval of a proposed class-action settlement of an antitrust lawsuit over the $30 billion a year in credit card swipe fees charged by Visa and MasterCard.

  • Walmart 'guarantees' customers its best Black Friday ever

    BENTONVILLE, Ark. — Walmart has unveiled its Black Friday circular and event times on www.Walmart.com as well as its Facebook wall and mobile app. The retailer's Black Friday circular includes hundreds of brand name electronics, toys, apparel, sporting goods and home and houseware items. Backed by Walmart's ad match guarantee, items featured in the Black Friday circular will be available during three events starting at 8 p.m. Thursday, Nov. 22.

  • Dick’s Sporting Goods announces three new store opening

    New York -- Dick's Sporting Goods Inc. opened three stores, including one relocated store, on Nov. 7. Of the two new stores, one was located at Stoneridge Village, Jefferson City, Mo.; and the other at Spokane Valley Mall, Spokane, Wash. The retailer relocated its N. Springboro Pike store to Dayton Mall, Dayton, Ohio.

    In October, Dick’s celebrated the opening of 17 stores throughout the United States.

     

  • Von Maur continues expansion of Dry Goods brand

    Davenport, Iowa -- Department store chain Von Maur said Thursday that it has opened a 4,000-sq.-ft. Dry Goods store at Jordan Creek Town Center in West Des Moines, Iowa – the specialty retailer’s first location in the state and its eighth overall.

    The concept, which centers around contemporary women's clothing and accessories, is strategically growing; the plan, said the company, is to have a nationwide presence. It recently launched its online business at Drygoodsusa.com.

  • Walmart raises heat on holiday shopping with earlier Black Friday opening, guaranteed deals

    Bentonville, Ark. -- Walmart will opens its stores at 8 p.m. on Thanksgiving Day, two hours earlier than a year ago. The retailer is also guaranteeing shoppers that it will have three of the most popular items it sells if they line up inside the store during a one-hour event that day.

  • Nordstrom Q3 profit up 15%; to open six pop-up shops

    Seattle -- Nordstrom reported third-quarter net earnings of $146 million, up 15% from $127 million for the same quarter last year. Its results were slightly below analysts’ expectations.

    The company said that its third quarter same-store sales, which reflected a timing shift that moved a week of the company’s important Anniversary Sale event into August this year, increased 10.7%. Top-performing merchandise categories included men’s shoes, men’s apparel and kids’ apparel.

  • Target partners with CNET to offer expert product reviews on electronics

    Minneapolis -- Target Corp. announced a partnership with CNET – a top website for consumer electronics and tech news – to provide guests with CNET Editors’ Picks for Target, in time for the holiday season. The collaboration is part of a larger, ongoing partnership between Target and CNET.

  • ComScore: Online retail spending up 15% to $41.9 billion in Q3

    Reston, Va. -- Online retail spending in the United States reached $41.9 billion in the third quarter, up 15% versus year ago, according to comScore. This represents the twelfth consecutive quarter of positive year-over-year growth and eighth consecutive quarter of double-digit growth.

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