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Mass Merchant

  • Ricky Martin exclusive comes to Target

    On Feb. 1, Target will begin selling an exclusive edition of Ricky Martin's new album, "Musica Alma Sexo." According to Target's website, this edition has seven exclusive tracks, including two dance mixes, three unreleased songs and solo versions of the hit singles "Lo Mejor De Mi Vida Eres Tu" and "The Best Thing About Me is You." 

    This is Martin's first new studio album in six years, and some big names including Natalia Jimenez, Joss Stone, Wisin y Yandel, and Claudia Leitte joined him on the album. 

  • Narrowing the price gap a little more

    A monthly pricing survey conducted by Credit Suisse in December shows that Walmart remains the lowest price on a basket of 60 products across two major markets, Target is closer than ever and is actually less expensive for those who take advantage of the 5% Rewards program.

  • A funny thing happened on the Internet

    A lack of disclosure among retailers regarding their online operations makes it challenging to understand what went on online this past holiday season. While comScore reported it was a record year from a sales perspective with November and December sales advancing 12% to $32.6 billion, data from the online measurement firm also showed that most major retailers saw fewer unique visitors to their websites in December 2010 than during the same month the prior year.

  • Target makes the grade on customer service

    Target took the 21st spot out of a list of 46 retailers ranked for their customer service. Zappos.com took the top spot followed by Amazon.com and LL Bean. Walmart was ranked 27.

    Other retailers in the top ten include Overstock.com (4), JCPenney (6) and Kohl's (7).

     

  • Best Buy offering Super Bowl deals

    MINNEAPOLIS -- Best Buy announced that it is helping consumers get ready for the Super Bowl by offering deals on Samsung products in stores and online through Feb. 5. 

    Best Buy's deals include:

  • Is Walmart’s supply chain really that good?

    This just sounds problematic. To better serve cash constrained customers and compete with dollar stores, the company wants to flow less expensive smaller pack sizes to stores during the middle and the end of the month when customers have less money while larger packs sizes would be on store shelves at those times right after customers have been paid.

  • Margin preservation reality meets pricing perception

    A monthly pricing survey conducted by Credit Suisse in December shows that while Walmart remains the lowest price on a basket of 60 products across two major markets the gap continues to narrow and is now at the lowest level in three years.

    This is seen as an encouraging sign by those in the financial community who interpret the data as evidence of a rational pricing environment, even though from a shoppers perspective there exists less of a clear distinction between Walmart every day low prices and those of its competitors.

  • Disturbing data points cause for holiday sales concern

    Interesting data points emerged this week that offer potential insight into Walmart’s holiday sales, as Kantar Retail and comScore released reports showing that when compared with the prior year Walmart was less of a destination for gifts and its Web traffic had declined.

  • Nielsen to retire from Jewel-Osco

    ITASCA, Ill. -- Jewel-Osco, a Supervalu-owned company, announced that Keith Nielsen, Jewel-Osco president, has informed the company of his retirement effective at the end of the fiscal year (Feb. 28).

    Nielsen’s successor will be Brian Huff, SVP specialty retail for Supervalu. Huff will transition into the position beginning Feb. 7. All operations and business strategies will continue as normal.

  • Mac Naughton just the beginning of more moves at Walmart

    BENTONVILLE, Ark. --  It turns out the announcement earlier today by Walmart that Duncan Mac Naughton would serve as head merchant of the company’s U.S. division was but one component of a more extensive shakeup at the company.

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