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Mass Merchant

  • Retail sales see small increase for September

    WASHINGTON — Retail sales edged up slightly during the month of October, the U.S. Census Bureau announced Tuesday.

    Adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, sales totaled $397.7 billion. Retail trade sales rose 0.6% above September and 7.3% above the year-ago period.

    Adjusted grocery store sales increased to $46.8 million from $46.3 million in September, while health and personal care stores saw adjusted sales of $23.3 million from $23.1 million last month.

  • Walmart firms commitment to Asia Pacific economies

    HONOLULU — Walmart is firming its commitment to Asia Pacific economies, the company announced at the annual Asia Pacific Economic Cooperation (APEC) CEO Summit in Honolulu, Hawaii, Nov. 11 to 14. 

  • The A-Team is ready to roll

    Between now and March 2013, when the first Target stores open in Canada, there is a whole lot of heavy lifting to be done at the retailer’s new headquarters in Mississauga, Ontario.

  • Family Dollar arrives in California

    MATTHEWS, N.C. — Family Dollar is expanding into California for the first time with the opening of four new stores in Ontario, Rialto, Riverside and Fontana. The company's aggressive growth plans also include 450 to 500 new stores to be opened in fiscal 2012.  

  • Wal-Mart acquires Australian tech start-up

    New York City -- Wal-Mart Stores has acquired Australian tech start-up Grabble for an undisclosed amount. Founded in January 2010, Grabble provides retailers a point-of-service app for purchases.

    The discount giant will make the company part of its recently established Walmart Labs.

     

  • Walmart kicks off '12 Days of Giving' campaign

    BENTONVILLE, Ark. — Walmart has launched a Facebook campaign that is looking to aid local organizations that are providing such basic needs as food, shelter, clothing and baby supplies to their respective communities.

  • In case you missed it: Canada 101 recap

    The Canada served up to Americans when they visit the country’s pavilion at Disney’s Epcot Center in Orlando is one of lumberjacks, lakes and abundant wildlife roaming virgin forests. While those elements exist, according to Jeff Doucette, a resident of Calgary in the Western province of Alberta and founder of the strategic consulting firm Sales Is Not Simple, the Canada portrayed at the Disney resort is far removed from the average Canadian’s daily existence and the marketplace Target will enter in 2013.

  • J.C. Penney announces appointment of two more Apple veterans; swings to Q3 loss

    Plano, Texas -- J.C. Penney Co. reported Monday a loss of $143 million for the quarter ended Oct. 29, compared with a profit of $44 million in the year-ago period. Sagging comps and shrinking margins led to the performance decline.

    For the quarter, sales dropped 4.8% to $3.99 billion, reflecting the company’s exit from its catalog and catalog outlet businesses, which it sold off during the quarter. 

    As previously reported, same-store sales dipped 1.6%.

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