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Mass Merchant

  • Wal-Mart to give store data to Nielsen

    New York City -- Wal-Mart Stores said its Walmart and Sam's Club divisions will now report their U.S. sales data to Nielsen Holdings, which will become the retailer's primary provider for market information, tools and training, the companies said in a joint announcement on Thursday.

    Nielsen gathers and analyzes sales information from a variety of U.S. chain stores, giving manufacturers, Wall Street analysts and others a glimpse at how products are selling.

  • Walmart A.D. (after Dukes) and the case that won’t die

    When the Supreme Court ruled that a sex discrimination case against Walmart wasn’t worth of class action status that was supposed to end things. Wrong.

  • OfficeMax names head of human resources

    NAPERVILLE, Ill. — OfficeMax announced that Steve Parsons has been appointed EVP and chief human resources officer, effective July 25.  In this position, Parsons will report to Ravi Saligram, president and CEO of OfficeMax, and will be responsible for all aspects of global human resources for the company, including talent management, compensation and benefits, training, leadership development, recruitment, diversity, and internal and corporate communications.

  • Lagerfeld glams up Macy's this fall

    NEW YORK — Macy’s announced that its Karl Lagerfeld capsule collection will arrive in about 235 Macy's stores and on Macys.com beginning Aug. 31.

    “To me Macy’s is the perfect department store in the United States where everybody can find what they're looking for without ruining their budget,” said Karl Lagerfeld. “That’s why I am happy to make this limited collection just for Macy’s.”

  • Inland Private Capital announces sale of Huntington Square

    Huntington, N.Y. -- Oak Brook, Ill.-based Inland Private Capital Corp. announced Wednesday the $40.2 million sale of Huntington Square Plaza, a grocery-anchored shopping center located in Huntington, N.Y., on Long Island.

    Toronto-based RioCan Holdings purchased the 116,221-sq.-ft. center, which Inland Private Capital Corp. offered to a group of private tenant-in-common investors in 2004.

  • Englewood Construction completes five retail projects

    Chicago -- Englewood Construction, announced it has completed construction on five retail projects in the Chicago and Washington, D.C., regions.

    In the Chicago area, the firm finished construction of a 21,654-sq.-ft. Hhgregg store in Joliet, a 33,115–sq.–ft. Sears outlet in Naperville and a Mrs. Fields/TCBY Yogurt at Westfield Old Orchard shopping center in Skokie.
     

  • Kmart focuses on individual style in latest campaign

    NEW YORK — Kmart is changing its approach to fashion with a new campaign focused on individual style rather than name brands or trends. The campaign, titled "Money can't buy style," will debut this fall and will feature non-actors in Kmart looks they've created themselves.

  • Wal-Mart de Mexico Q2 profit drops on store openings

    New York City -- Wal-Mart de Mexico SA said second-quarter profit fell 3.4% as the chain increased spending to open new stores and integrate Central American operations.

    The Mexican unit of Wal-Mart Stores reported a net income of 4.49 billion pesos ($380 million) in the April-June period, down from 4.65 billion pesos during the same three months of 2010. Revenue rose 9% to 88.37 billion pesos ($7.49 billion).

    CEO Scot Rank says spending to open new stores cut into profits but will help performance in the second half of the year.

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