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Mass Merchant

  • 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.

  • Wal-Mart completes Massmart deal

    Bentonville, Ark. -- Wal-Mart Stores, announced Monday that the company has completed its investment for a 51% stake in South African-based Massmart Holdings Limited.

  • Formidable foe awaits on the Northern front

    Target’s first stores in Canada are not scheduled to open until 2013, but this week the company can get a glimpse of what it’s up against when Walmart Canada president and CEO David Cheesewright is scheduled to speak at the Jefferies 2011 Global Consumer Conference.

  • Update: Ex-Apple exec fulfills dream, becomes JCPenney CEO

    PLANO, Texas — Last week, RetailingToday.com reported that former Apple executive Ron Johnson would succeed Mike Ullman as CEO of JCPenney. Today, JCPenney announced that Ullman, who was originally slated to remain on the company's board of directors indefinitely, will now be leaving the company on Feb. 1, 2012.

  • Modell’s opens in DC USA complex

    New York City -- Modell’s Sporting Goods has opened a 7,500-sq.-ft. store located in the DC USA retail complex Washington, D.C.

    It is the retailer’s second location within the District of Columbia.

  • The Apple of Landlords’ Eyes

    My husband loves Apple. In fact, I cannot remember one single trip to Mall of Louisiana (Baton Rouge) that hasn’t included a stop-in at the Apple store. There, he plays with the gadgets -- iPhones, iPads, MacBooks, iMacs, iPods -- and wanders the store, as content to browse the high-tech aisles as I am to shop the designer shoe department at Dillard’s.

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