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Mass Merchant

  • Chicago is Walmart's kind of town

    CHiCAGO --  Walmart has succeeded in bringing its smaller format store concept to Chicago, helping to make the case that the retailer can find success in more urban markets, including New York, which has thus far eluded the retailer. The company announced that it has secured locations in West Englewood for a Walmart Market and Walmart Express store.  According to the company, West Englewood is in the heart of a food desert and one of Chicago’s most underserved communities. 

  • Target named one of the ‘World’s Most Ethical Companies’

    Minneapolis -- Target Corp. said Wednesday it has been recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies for 2011.

    The Ethisphere Institute, an international business ethics organization, honored Target for implementing upright business practices and initiatives that are instrumental to the company’s success, benefit the community, and raise the bar for ethical standards within the industry.

    This is the fifth consecutive year that Target has received the award.

  • DSW makes sales strides

    COLUMBUS, Ohio -- Label-lovers aside, designer shoes -- even discounted designer shoes -- are considered discretionary items by most consumers, and the fact that DSW had such a strong quarter is indeed a good sign that the middle-income consumer is feeling more confident about her economic situation.

  • Sears named an EPA 2011 Energy Star partner of year

    Hoffman Estates, Ill. -- Sears Holdings Corp. said Tuesday it was named 2011 Energy Star partner of the year in the product retailer category by the U.S. Environmental Protection Agency.

    The award is Sears’ second consecutive.

    "This award is a reflection of the significant commitment our entire organization has made to promote energy efficiency and help our customers make changes that allow them to save money," said Lou D'Ambrosio, CEO and president of Sears Holdings.

  • RILA responds to swipe reform legislation

    Arlington, Va. -- In response to legislation introduced on Tuesday by Montana senator Jon Tester to reopen critical reforms of the debit payments market, the Retail Industry Leaders Association issued the following statement:

    “Despite the American people’s repeated disapproval of bank bailouts, the Tester bill is just that, this time at the expense of retailers and their consumers,” said Katherine Lugar, executive VP for public affairs, RILA.

  • Maybe she’ll write a song about it

    From win-win to lose-lose. Do enough deals with different celebrities and sooner or later one of them is bound to blow up. That’s what happened to Target last week when entertainer/singer/gay rights advocate Lady Gaga had a change of heart regarding a prior commitment with Target.

  • Macy's announces newest designer for capsule collection

    NEW YORK -- Macy’s announced Matthew Williamson as the second acclaimed fashion designer to take part in the designer capsule collection series for the retailer’s contemporary fashion Impulse department. Sold in approximately 225 Macy’s stores nationwide and on macys.com beginning April 13, Williamson’s collection will include dresses, tops, scarves and unique leather and suede pieces.

    Price points for the collection will range from $50 to $120, with specialty pieces selling up to $300. 

  • Meijer to invest $75 million remodeling 10 stores in Michigan, Ohio

    Walker, Mich. -- Meijer announced Monday it will invest $75 million to remodel 10 stores in Michigan and Ohio.

    Eight of the stores slated for renovation are in Michigan and two are in Ohio.

    “We are pleased to reinforce our commitment to these communities,” said CEO Hank Meijer. “Our customers expect high standards from us, and our investment in these stores will ensure they continue to receive our best.”

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