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Mass Merchant

  • Target joins GreenChill

    Minneapolis -- Target Corp. has joined the U.S. Environmental Protection Agency's (EPA) GreenChill program. The program further Target's efforts to reduce refrigeration emissions by adopting green refrigeration technologies in its stores.

  • Office Depot reports Q1 loss amid weak sales

    Boca Raton, Fla. -- Office Depot reported a first quarter loss of $5.4 million, down from a profit of $29.5 million in the prior-year period, amid weaker sales and a higher tax rate.

    Total company sales for the quarter were $2.97 billion, down 3% from last year.

  • With 90 stores on tap for 2011, Big Lots appoints executive VPs

    New York City -- Big Lots, which plans to open 90 stores this year, has made two key merchandising moves to facilitate its planned growth.

    The retailer has hired former Sears merchandising executive Doug Wurl to serve as its executive VP merchandising. He assumes responsibilities previously held by John Martin, who was named executive VP administration. In his new role, Martin will have responsibility for store operations and human resources.

  • Party City Holdings files $350 million IPO

    Elmsford, N.Y. -- Party City Holdings, parent company of Amscan Holdings, has filed an initial public offering of $350 million of common stock as it raises funds to pay down debt.

    It intends to list under the symbol PRTY. Current stockholders are also likely to sell shares alongside Party City in the IPO.

  • Bloomingdale’s to expand outlet concept with three new stores

    Cincinnati -- Macy’s on Monday said it will open three Bloomingdale’s Outlet stores in the fall. The new locations will join the first four Bloomingdale’s Outlet stores opened in fall 2010 when the concept was launched.

    The new Bloomingdale’s Outlet stores, which will range from 25,000 sq. ft. to 24,000 sq. ft. are scheduled to open in the following shopping centers with an upscale outlet store focus: Miromar Outlets, Estero, Fla.; Wrentham Village Premium Outlets, Wrentham, Mass.; and Woodfield Village Green, Schaumburg, Ill.

  • OfficeMax names president of retail

    Naperville, Ill. -- OfficeMax announced that Michael J. Lewis will assume the role of executive VP and president of retail, effective May 2. He will have full responsibility for the retail P&L and all aspects of the retail business, including merchandising, store operations and real estate.

    Most recently, from 2010 to early 2011, Lewis served as global head of a merchandising center for Wal-Mart Stores,

  • Kroger Southwest looks to reduce energy use by 50%

    Houston -- Kroger Southwest on Thursday said it plans to lower energy usage by 50% -- an average decrease of 2% to 4% annually -- during the next five years. Since 2000, the company has reduced energy consumption in its stores by 30%.

    In its ongoing effort to reduce usage, Kroger Southwest appointed a task force of energy-conservation technicians whose sole focus is to identify ways stores can operate more efficiently.

  • Oakland Mall helps moms with Facebook fundraising challenge

    Troy, Mich. -- Oakland Mall is using social networking as a tool to get shoppers involved this Mother's Day to benefit Moms at Detroit Rescue Mission Ministries (DRMM), a non-profit agency dedicated to assisting the homeless and getting them back on their feet.

  • Report: Woman seeks class-action against Target over debt-collection methods

    New York City -- A western Pennsylvania woman filed a federal lawsuit Wednesday against Target Corp. and its law firm over the chain's debt-collection practices, the Associated Press reported. The woman claims false affidavits were used to go after customers who allegedly owed money to a subsidiary bank that issues the store's credit cards.

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