Skip to main content

Mass Merchant

  • Analysts forecast potentially gloomy Halloween from Sandy

    New York -- Sales of Halloween candy, decorations and other items may not reach the $8 billion mark anticipated earlier by the National Retail Federation as Hurricane Sandy turned consumers’ attentions elsewhere.

  • Team Target adds Canadian talent

    Target added to its roster of action sports athletes recently with the signing of Canadian freeskier Rosalind Groenewoud.

    According to Target, she is affectionately recognized by many simply as Roz G and is known for her amplitude and large variety of tricks. Widely considered to be one of the most influential halfpipe skiers in the world she joins eight other elite action sports athletes representing Target.

  • New Target coming to Chicago’s north side

    The opening of the first CityTarget in Chicago was a big deal this summer, but next fall an even bigger development is coming to an area just a few miles further north.

  • Office Depot adopts poison pill defense

    Boca Raton, Fla. -- Office Depot Inc. said Tuesday it has approved a poison pill defense to preclude investor Starboard Value LP from waging a takeover of the company.

    The activist investor became the office-supply retailer’s largest shareholder last month and has begun pushing for changes.

    The poison pill is a shareholder rights plan that would give its investors additional shares if one entity surpasses 15% ownership. Starboard owned 14.8% as of Oct. 12.

  • Multichannel integration

    Endcaps at Target stores are touting the retailer’s “Top Toys,” selections for the upcoming holiday season. Meanwhile, real estate on side panels is being used to appeal to shoppers with smart phones who are encouraged to scan a QR code to complete an order and receive free shipping.
     

     

  • Sam’s Club opens at River Chase

    Covington, La. -- Stirling Properties announced that Sam’s Club has opened at its River Chase shopping center, the largest open-air retail center in St. Tammany Parish.

    The 136,000-sq.-ft. Sam’s Club features a fuel station and pharmacy, and joins anchors Target, Belk and J.C. Penney at the master-planned, mixed-use development.

     

  • Walmart powers up Red Bluff wind turbine

    Red Bluff, Calif. -- Walmart's wind turbine at its distribution center in Red Bluff, Calif., is now operational. The wind turbine is Walmart's first onsite industrial-sized wind turbine and will generate approximately 2,200,000 kilowatt-hours of power, providing up to 20% of the distribution center's annual electricity use. U.S. House Representative Wally Herger joined local officials, as well as Walmart and Foundation Windpower executives, to commemorate the pilot project.

  • Wal-Mart: No significant damage from Sandy

    Bentonville, Ark. -- Wal-Mart Stores Inc. released a statement on Tuesday that none of its facilities have sustained any significant damage from Hurricane Sandy.

    Some 168 stores remain closed, said the retailer, but some will be reopening with the use of generators.

    The company also said that the superstorm has not had an impact on holiday planning at this point.

X
This ad will auto-close in 10 seconds