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Mass Merchant

  • Kohl's opens 30 new stores, focuses on innovation

    MENOMONEE FALLS, Wis. — Kohl’s Department Stores has announced the grand opening of 30 new stores across 20 states. According to the company, these openings will create approximately 4,000 new jobs.

  • Survey: Halloween sales to be more treat than trick

    WASHINGTON — Halloween will be a popular holiday this year, according to the National Retail Federation, as more consumers this year are expected to partake in traditional festivities. 

  • Walmart named to Washington state green list

    SEATTLE — Walmart announced that ihas been selected as one of the Washington Green 50 list by Seattle Business Magazine as part of its annual Green Washington Awards competition. Walmart was a finalist in the retail category.

  • Wal-Mart names CEO of new regional management team

    Bentonville, Ark. -- Wal-Mart Store announced the appointment of David Cheesewright as executive VP, president and CEO of a new regional management team. In this newly created role, he will lead Walmart's retail operations in Canada, the United Kingdom and Sub-Saharan Africa, and will oversee business development in Europe, the Middle East, Africa and Canada.

    Cheesewright will assume his role immediately and report directly to Doug McMillon, president and CEO, Walmart International.

  • 'Broader' challenges await new Walmart Canada head

    BENTONVILLE, Ark. — In her new role as president and CEO of Walmart Canada, Shelley Broader will be tasked with addressing new competition from Target and other retailers expanding into Canada. Broader, who joined Walmart Canada in 2010 as chief merchandising officer, will assume her new role effective immediately.

    Prior to Walmart, Broader held a range of key positions with Michael's and Hannaford Bros.Wal-Mart Stores, Inc.

  • Cabela's names head marketer

    SIDNEY, Neb. — Cabela’s Inc. announced that Scott Williams will be joining the company as EVP and chief marketing and e-commerce officer, reporting to Tommy Millner, chief executive officer.

    Previously, Williams served as president of Fanatics Inc., a vertically integrated online retailer of team and league licensed sports apparel and collectibles, which he joined in 2010. While at Fanatics, Williams led business and financial results with specific emphasis on marketing, IT, business development and manufacturing.

  • Eight national retailers to open at River Chase

    Covington, La. -- Stirling Properties said Monday that River Chase Shopping Center Phase Two, which broke ground in August, has added eight new national tenants that will bring 85,000 sq. ft. of retail space to River Chase as part of an expansion to the development’s existing shopping center. All stores are expected to open spring 2012.

  • Walgreen profit leaps 69% in Q4

    Deerfield, Ill. -- Walgreen Co. reported Tuesday that profit for its fiscal fourth quarter surged 69%, in part due to gains from the $525 million sale of its pharmacy benefits management business Walgreens Health Initiatives during the quarter.

    Net income for the quarter ended Aug. 31 rose to $792 million, up from $470 million in the year-ago period and surpassing Wall Street expectations.

    Revenue rose 6.5% to $18 billion and same-store sales increased 4.4%.

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