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Mass Merchant

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  • 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.

  • Walmart and Sam's Club announce military initiatives following White House call to action

    Washington, D.C. -- On the heels of First Lady Michelle Obama and Dr. Jill Biden’s “Joining Forces” military support announcement in Washington, D.C., on Tuesday, Walmart has announced its Military Family Promise. 

    The commitment guarantees a job at a nearby store or club for all military personnel, and military spouses, employed at Walmart and Sam's Club who move to a different part of the country because they or their spouse have been transferred by the United States military.

  • Home sector gets slight boost from Tuesday Morning

    DALLAS -- Tuesday Morning's third-quarter sales offered another boost to the home retail segment, albeit not to the extent of Bed Bath & Beyond or Pier 1, which reported 4Q comps of 8.5% and 8.9%, respectively. 

  • Walmart to anchor power center on 13.5 acres on Chicago’s South Side

    Chicago -- Jones Lang LaSalle said Monday that, on behalf of Monroe Investment Partners LLC, it has closed the sale of a 13.5-acre parcel on Chicago’s South Side to Walmart, which purchased the shovel-ready pad in the Chatham Market shopping center to build a 155,000-sq.-ft. supercenter.

    This will be the first of six new full-scale stores Walmart has announced it plans to build in the City of Chicago.

  • Report: Target puts Canadian sales at $6 billion by 2017

    New York City -- Target expects sales from its upcoming Canadian stores to total more than $6 billion by 2017, the company’s CFO said Tuesday, Dow Jones reported.

    Speaking to Wall Street analysts, CFO Douglas Scovanner said Target expects to have more than 200 stores in Canada within the next five to 10 years, with the stores generating about $6 billion Canadian ($6.27 billion in U.S. dollars based on Tuesday’s exchange rate).

  • 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.

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