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Mass Merchant

  • Sales up 0.4% in March

    Washington, D.C. -- Retail sales increased 0.4% last month, the Commerce Department said Wednesday, buoyed by rising gasoline revenue. The gain in March, the ninth consecutive monthly increase, was the smallest since the string began last summer.

    The increase shrank to a 0.1% when sales at gasoline stations were excluded. However, the biggest decline in auto sales in more than a year also pulled down overall sales. When taking out sales at gas station and of autos, retail sales rose 0.6%.

  • Poll: Most women consider themselves bargain shoppers

    YONKERS, N.Y. — More than three-quarters of women regard themselves as bargain hunters, a new national poll featured in the May issue of ShopSmart magazine found.

  • Former Walmart executive named head of 8th & Walton

    BENTONVILLE, Ark. — A provider of retailer supplier education services has named a 31-year Walmart veteran as its president and CEO.

    8th & Walton said Mike Cockrell, who most recently served as chief merchandising officer of Walmart's Indian joint venture with Bharti before his retirement in February, would lead the company's efforts to accelerate growth initiatives while enhancing existing services.

  • Retail life after the Nashville flood

    The historic May flood of 2010 in Nashville and Middle Tennessee took 23 lives, displaced thousands of residents and flooded hundreds of businesses, as more than 13 inches of rain was recorded over a two-day period and the Cumberland River reached nearly 12 ft. above flood stage.

    Among the business casualties was the Opry Mills, a Simon Property Group outlet retail destination seven miles from downtown Nashville and a short walking distance from the Grand Ole Opry.

  • Wal-Mart to cut back electronics space in U.S. stores

    Bentonville, Ark. -- Wal-Mart Stores said Tuesday it plans to reduce space for electronics in its U.S. stores, saying that sales in that category have declined.

    The company will reduce floor space devoted to items such as flat-screen televisions and give some of that space to apparel, according to Rosalind Brewer, who runs the Wal-Mart East division and addressed a retail conference in Atlanta on Tuesday.

  • Retailers support our troops

    BENTONVILLE, Ark. and HOFFMAN ESTATES, Ill. -- Walmart and Sears Holdings have both announced their commitment to helping military members maintain employment when moving from one community to another.

  • Kohl's recognized as Energy Star leader at D.C. ceremony

    MENOMONEE FALLS, Wis. -- Kohl’s Department Stores announced that the company will be recognized as a 2011 Energy Star Partner of the Year for the second consecutive year at the Energy Star Awards ceremony held in Washington, D.C. The Partner of the Year Award is presented by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy.

  • Kohl’s named 2011 Energy Star Partner of the Year

    Menomonee Falls, Wis. -- Kohl’s Department Stores announced Tuesday that it will be recognized as a 2011 Energy Star Partner of the Year by the U.S. Environmental Protection Agency and the U.S. Department of Energy.

    The award, Kohl’s second consecutive, will be presented Tuesday evening at the Energy Star Awards ceremony in Washington, D.C.

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