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Mass Merchant

  • Kmart launches walk-in bill pay program

    Hoffman Estates, Ill. -- Kmart announced it is launching an in-store bill pay program that will allow customers to pay bills from more than 3,000 companies—everything from electric, gas and cable bills to credit card statements and auto loans.

    The program is being offered through the CheckFreePay walk-in bill payment service from Fiserv (FISV). Customers seeking an easy and convenient way to pay bills in person can now visit any Kmart store nationwide.

  • Colliers: Retailers investing in technology, opening stores and updating existing units

    Seattle -- Retail companies are more able and willing to reinvest in their businesses, as evidenced by sharp increases in 2012 capital expenditure budgets, according to a new white paper released by Colliers International.

  • Target to open single-level store in New Mexico

    Minneapolis — Target will open a single-level store in New Mexico, the first of its kind in the state. The store, located in Albuquerque, is scheduled to open in 2013 and will occupy 155,000 sq. ft.

  • California pension fund at it again

    The California State Teachers' Retirement System (CalSTRS) intends to use its 5.3 million shares to block the reelection of the entire board of directors of Wal-Mart Stores. You may recall this is the same group that filed suit against Walmart and its executives over their alleged actions in Mexico.

  • Walmart tops list of most valuable retail brands

    New York — Walmart topped the list retailers on the BrandZ Top 100 Most Valuable Global Brands, according to a study commissioned by WPP Group and conducted by Millward Brown Optimor.

    The BrandZ Top 100 Most Valuable Global Brands study identifies and ranks the world's most valuable 100 brands by their dollar value, an analysis based on financial data combined with consumer measures of brand equity.

  • NASCAR fun races into Charlotte

    NASCAR fans in Charlotte will have a lot to look forward to this weekend as the city welcomes the Coca-Cola 600.

  • Survey ranks customers' favorite grocery shopping destinations

    Boulder, Colo. — Giant-Landover and ShopRite are shoppers' two favorite supermarkets, according to results of a survey released Tuesday.

  • Simon to provide update on Walmart U.S. at retail conference

    Bentonville, Ark. — Walmart U.S. CEO Bill Simon will provide an update on the company's U.S. business at the Morgan Stanley Retail and Restaurants Conference in Boston on Wednesday, May 23.

    The presentation will be webcast live through links at Walmartstores.com/investors and a transcript will be available later in the week. The materials will be archived for one year on the company’s website.

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