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Mass Merchant

  • Wisconsin to gain new Walmart, Macy’s and Target

    Milwaukee -- A Wednesday report by the Milwaukee Business Report said that the Village of Greendale (Wis.) has approved a Walmart and garnered one of several approvals needed for a Macy's at the village’s board meeting held Tuesday.

    The board approved rezoning, a special use permit and other plans needed for a 92,000-sq.-ft. Walmart slated to include a pharmacy and grocery with two out-lots for future developments.

  • Chico’s, Soma make outlet debuts in Kansas City area

    Kansas City, Kan. -- Legends Outlets Kansas City said Wednesday that the region’s first Chico’s Outlet and Soma Intimates Outlet will open on June 24 at the Kansas City outlet shopping destination.



    The Chico's Outlet's new store will be located between BCBG MaxAzria and Five Guys Burgers & Fries, and the Soma Intimates Outlet's new store will be located between Gymboree and Claire's.

  • Asda COO quits company

    London -- A Tuesday report by Bloomberg said that the COO of Wal-Mart’s Asda supermarket unit has quit after just six months in the position.

    Bloomberg, which sourced a report in the Daily Telegraph, said that Simon King, a former head of Tesco PLC’s Turkish operations, left immediately. No successor has yet been named.

  • Wal-Mart women vow to continue bias fight

    Washington, D.C. -- A Bloomberg report on Tuesday said that the women who sought to sue Wal-Mart Stores for gender bias on behalf of 1.5 million co-workers said they will continue the fight in smaller lawsuits in lower courts and claims with the U.S. Equal Employment Opportunity Commission.

    The U.S. Supreme Court on Monday said the women failed to prove that Wal-Mart had a nationwide policy that led to gender discrimination, precluding a class action and forcing the plaintiffs to pursue claims on their own.

  • Versace coming to H&M

    STOCKHOLM — H&M announced that it is collaborating with Versace for its autumn 2011 designer collection. Designed by its creative director Donatella Versace, the exclusive collection will look back to the vibrant heritage of the brand, full of leather, print, colour and exuberance in exclusive materials at fantastic H&M prices, according to the company. The collection will include ranges for women, men and selected pieces for the home. It will be available from Nov. 17 in around 300 stores worldwide, as well as on-line.

  • Best Buy to buy back $5 billion of its shares

    Minneapolis -- Best Buy Co. said Tuesday that it will buy back $5 billion of its common stock and raise its quarterly dividend by 7%.

    The retailer said that the buyback replaces a $5.5 billion repurchase program that had about $800 million left as of May 28. The announcement came just ahead of its shareholders meeting in Richfield, Minn.

  • Survey: Global consumers increasingly anxious about the future

    Boston -- A survey released Tuesday by the Boston Consulting Group found that a growing number of consumers around the world are growing more anxious about the future, and are planning to reduce or maintain -- but not increase -- their spending.

  • PLMA reports jump in 2010 private-label sales

    NEW YORK — Private-label sales across all three major retail channels reached new highs in 2010, according the Private Label Manufacturers Association.

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