Mass Merchant

New York City -- Macy’s is undertaking a multi-million dollar remodel of its store in Chicago’s Water Tower Place, the Chicago Tribune reported.

The eight-floor, 227,000-sq.-ft. department store was last renovated in 1996, when it operated as Marshall Field’s. It became Macy’s in 2006.

The new décor will include a white ceramic floor, brighter lights and silver accents, the report said. The store’s first three levels will receive the lion’s share of the updates.

CAMP HILL, Pa. — Overall same-store sales at Rite Aid decreased during March while pharmacy and prescription sales increased, the pharmacy retailer said Thursday.

Compared with last year, front-end same-store sales decreased by 1.8% during the four-week period that ended March 26, which the 4,711-store chain attributed to Easter falling on a later date this year, April 24, than last year, when it occurred on April 4.

MONTVALE, N.J. — Grocer A&P is launching a discount program that offers seniors savings on groceries purchased at A&P, Pathmark, Waldbaum's, Food Emporium and Superfresh banner stores.

On April 4, the company is launching its "Senior Appreciation Days" program, starting with "Senior Appreciation Mondays," a new special discount program for seniors in all Pathmark banner stores.

In a move to generate online traffic and pre-orders for the upcoming release of Justin Bieber’s Never Say Never documentary, Walmart.com this week offered autographed copies of the DVD/Blu-Ray combo pack for $24.96. Bieber personally autographed 1,800 copies of the combo-pack, which chronicles his rise to become a pop phenomenon. The strategy appeared to work as by mid-day Thursday the autographed copies were no where to be found on Walmart.com, although there was plenty of other Bieber paraphernalia.

No one disputes the philosophy that every day low prices enabled Walmart to achieve dramatic growth, but pricing studies continue to reveal a marketplace where price separation relative to competitors has become difficult to achieve.

Walmart’s past and future collided this week in a stark juxtaposition of events. While the company’s lawyers were engaged in oral arguments before the U.S. Supreme Court stemming from events in the past, senior executive of the international division were gathered with financial analysts in a hotel ballroom in Shenzhen, China to discuss the future.

With 329 stores in China producing $7.5 billion in sales annually, Walmart has experienced dramatic growth since it entered the market in 1996 with two stores. Last year, the company pursued its most aggressive expansion to date with the opening of 49 stores, and at a meeting for financial analysts earlier this week in Shenzhen, China, senior executives detailed plans to get a lot bigger.

Walmart this week filed its annual report on form 10-K with the Securities and Exchange Commission, and in keeping with good disclosure practices around risk factors the company offered an update on the sex discrimination case that has been all over the news.

Dijuana Lewis was named SVP healthcare solutions at Walmart the company announced Thursday. She will report to John Agwunobi who serves as president of Walmart’s health and wellness business unit.

Family Dollar is at the midpoint of its fiscal year, and on track to open a total of 300 new stores, the company announced in conjunction with the release of it second-quarter financial results. Dollar stores have emerged as a key competitive threat to Walmart as they have beefed up assortments of food and consumables and their abundant stores are often more convenient than Walmart’s supercenters. A few weeks earlier, Dollar General said it would open 625 stores during it fiscal year.