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Mass Merchant

  • 2012 could be the year (finally) for apparel sales improvement

    It seems like forever that that Walmart has been describing the performance of its apparel department as “a work in progress,” but this could be the year things turn around thanks to a number of factors working in the company’s favor.

    For starters, the return to basics emphasis is giving Walmart customers what they want and expect from Walmart, just as the market for apparel is enjoying strength and disruption at a competitor is creating the potential for share gains.

  • Dollar General to open 10,000th store

    Goodlettsville, Tenn. -- Dollar General Corp. announced the opening of its 10,000 store, giving the retailer a coast-to-coast presence for the first time in its history. The location is in Merced, Calif., and is due to officially open on Saturday. It will be Dollar General’s fifth store to open in California.

    “Opening the doors of our 10,000th store is a meaningful day for all of us at Dollar General, and we are excited to celebrate the occasion in California,” said Rick Dreiling, Dollar General’s chairman and CEO.

  • Mac Naughton returns to familiar territory

    Walmart chief merchandising officer Duncan Mac Naughton was back in Canada earlier this week at the CIBC World Markets Retail and Consumer Conference in Toronto sharing a message of improved traction and accelerating momentum.

  • Meijer acquires Michigan dairy

    GRAND RAPIDS, Mich. — Mass merchandise chain Meijer has acquired a Michigan-based dairy, the company said.

    Meijer announced the purchase of Bareman's Dairy, a family-owned company based in Holland, Mich., and the intention of investing more than $8 million into expansion of the plant.

  • $2.9M raised for Canada breakfast campaign

    MONTREAL — Walmart Canada and Breakfast Clubs of Canada, an organization that provides breakfast to Canadian school children, have raised $2.9 million through their Help Them Shine Campaign.

    The money raised will help launch 125 new in-school breakfast programs and increase its training programs with a specific focus on nutrition, youth self-esteem and volunteerism, according to a press release.

  • HuffPo highlights Sam's CEO, other prominent women

    In honor celebration of Women's History Month, The Huffington Post's Nell Merlino has penned a column highlighting some successful businesswomen. Among them is Rosalind Brewer, who in February was named president and CEO of Sam's Club, and is the first woman, and the first African American to hold a CEO position at one of Walmart's divisions. Other women on the list include Spanx creator Sara Blakely and financial guru Suze Orman. Read the full article here.

  • Report: Sears to sell off Lands’ End

    Hoffman Estates, Ill. -- Multiple reports on Thursday said that Sears Holdings Corp. is considering a sale of its Lands’ End mail-order catalog business, as part of its move to raise up to $2 billion.

    The New York Post reported that Sears is in talks with several private-equity firms about the potential sale.

    Sears chief Eddie Lampert is said to be likely to hire Goldman Sachs to find a buyer for Lands’ End.
     

  • Stage Stores names interim CEO

    HOUSTON — Stage Stores announced Michael Glazer has been appointed to the position of president and CEO on an interim basis. Glazer replaces the company’s former president and CEO, Andy Hall, who the company announced has resigned from both the company and its board of directors to pursue other interests.

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