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Mass Merchant

  • Online traffic surged in November

    As holiday promotions heated up in November and shoppers hit the Internet, there was a 44% surge in traffic to Walmart.com when compared with October, according to the online measurement firm comScore. The growth propelled Walmart to the 20th spot on comScore’ November ranking of the top 50 U.S. Web properties. The nearly 52 million unique visitors Walmart.com attracted in November 2010 was 5% more than in November 2009, according to comScore’s data.

  • Sears Canada names new CFO

    TORONTO - Sears Canada announced that it has appointed Sharon Driscoll as SVP and CFO. Driscoll has held her current position with the company as SVP finance, since November of 2008.

    Prior to joining Sears in 2008, Driscoll was employed with Loblaw Companies Limited, holding the position of SVP corporate development, and before that SVP finance national merchandising and SVP finance retail Ontario region. 

  • Online 2010 holiday winners emerge

    Walmart, Target and Best Buy attracted record levels of customers to their websites during November, according to data released this week by the online measurement firm comScore. Retailers have come to expect a surge in traffic to their sites as the holiday approach and during November that proved to be the case and then some.

  • Lowe's first national retailer to offer Energy Star-rated LED bulb

    MOORESVILLE, N.C.  - Lowe’s announced that it is the first national retailer to offer consumers the industry’s first and only Energy Star-rated LED A-Line bulb. 

    The GE Energy Smart 9-watt LED light bulb is rated to last more than 22 years, according to Lowe's, and is priced at $34.98.

  • Report: Shaw's may be pulled from sale block

    MINNEAPOLIS — Supervalu is having difficulty divesting its New-England based Shaw’s chain for more than $1 billion, the Wall Street Journal reported Tuesday, and the Minnesota grocery conglomerate may be ready to take down its "for-sale" sign.

    According to the report, Shaw’s has been on the block for several months with no takers. Many bids from private-equity firms actually came in below the asking price.

  • Ebay helps shoppers find last-minute gifts

    SAN JOSE, Calif. - Ebay has announced the availability of Giftsnearby the first integration of its newly-acquired Milo shopping engine. 

    According to the company, Giftsnearby shows shoppers a selection of popular holiday gift options ranging from electronics and other gadgets to home appliances and toys that are available at local retailers in or near their zip code. Only items that are in stock at a selection of more than 25 trusted retailers are offered as gift options.

  • Post-holiday promotional push begins

    With only a few days to go until Christmas retailers are already positioning themselves for post holiday success by touting promotions to capitalize on gift card redemptions. Target and JCPenney this week announced special incentives that begin the day after Christmas when both plan to open at 7 a.m.

  • Walmart first, Sears fourth in holiday Web traffic

    Hoffman Estates, Ill.-based Sears.com accounted for 6.21% of multichannel Web traffic for the week ended Nov. 27, which included Thanksgiving and Black Friday, according to data released from Experian Hitwise.

    The data showed Sears.com received 21.1 million visits for the week, just under JCPenney at 21.5 million visits, or 6.34% of total Web traffic. Walmart topped the list at 25.88% of all Web traffic, or 88 million visits, with Target ranking second at 15.26%, or 51.8 million visits.

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