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Mass Merchant

  • Best Buy to offer MP3 players from Mach Speed

    Ada, Okla. — Mach Speed Technologies has announced the launch of Eclipse MP3 Music & Video Players at 700 Best Buy locations across the United States. The prices on these models will start at a $19.99 price point and go up to $39.99.

    According to the company, this is the first time Best Buy will be carrying opening price point MP3 players.

  • Google integrated e-reader arrives at Target this week

    Boasting a high resolution screen, long battery life and fast page-turn performance, a new e-reader called the iriver Story HD is set to hit Target stores this weekend. The product is a big deal because it integrates with Google eBooks and Target will be the exclusive retailer of the device, at least for a while as exclusives on hot new electronics items tend to be fleeting.

  • Market Track: June 2011

    Overall, the number of inserts and pages declined slightly across the retailer set in June 2011 versus June 2010.

  • Party City opens at Indio Towne Center

    Indio, Calif. -- Jacksonville, Fla.-based Regency Centers announced that Party City has opened Coachella Valley’s first store, at Regency’s Indio Towne Center, in Indio, Calif.

    The new 20,390-sq.-ft. store will open this fall, joining an under-construction Toys “R” Us/Babies “R” Us, also slated to open in the fall.

  • Target wins approval to add bulls-eye to Chicago landmark building

    New York City -- Target Corp. has won approval to put its signature red logo on one of Chicago's most famous buildings. The Permit Review Committee of the Commission on Chicago Landmarks on Thursday approved the chain’s request to allow its bull's eye to be placed on its new store planned for downtown Chicago.

  • BTS season gets underway with favorable outlook

    Stronger-than-expected sales from a number of retailers in June is adding credence to a recent forecast that this year’s back-to-dchool season could be the strongest in the past five years, which is good news for Walmart as it looks for a strong ending to its second quarter.

    Shoppers continue to face a lot of economic headwinds this back-to-school season, but one forecaster has seasonal sales growing by 6.2% to $467 billion, the most since 2006.

  • Kmart cooks up a deal with Gordon Ramsay

    HOFFMAN ESTATES, Ill. — Kmart that it will be the exclusive retailer for the new Gordon Ramsay Everyday kitchen collection. The collection will debut in stores this fall and will include cookware, dinnerware, cooking utensils and small kitchen appliances.

  • Macy’s, Kohl’s outperform J.C. Penney in June

    New York City -- With same-store sales increases of 6.7% and 7.5% respectively, Macy’s and Kohl’s outperformed rival J.C. Penney in June, as J.C. Penney came up short of Wall Street estimates with a slight 2% gain.

    Macy’s saw total sales rise 7.5% in June to $2.4 billion.

    “Sales growth in June exceeded our expectations,” said Terry J. Lundgren, chairman, president and CEO. “Once again, the growth came from across the company -- Macy’s and Bloomingdale’s stores and online sites.”

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