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Mass Merchant

  • Target partners with Lady Gaga

    Minneapolis -- Popular recording artist and fashion icon Lady Gaga has partnered with Target Corp. to offer an exclusive deluxe edition of her new album, "Born This Way."

    The album will be released on May 23. Target’s exclusive deluxe edition includes three additional studio songs and five remixes, and will be available at stores nationwide and on Target.com. Consumers can also pre-order the album and download the first single and title track free at Target.com beginning at 8 a.m. CST on Feb. 11 through midnight, Feb. 26.

  • Better than Target, not as good as Amazon

    Wells Fargo retail analyst Matt Nemer put several leading retailers to the test this week with an innovative approach to research. According to Barron’s, he went on a $5,000 shopping spree on the websites of some of the largest Internet-only and traditional retailers. He said Amazon.com offered the best shopping experience, and he rated the retailer at outperform. Walmart.com, was said to have higher prices than Amazon’s, but had strong customer service and didn’t showed up as well in searches.

  • Analyst nervous about WMT’s Q4 comp

    A lack of visibility into Walmart’s sales performance coupled with concerns about the pace of a U.S. sales recovery is contributing to some apprehension on Wall Street regarding the company’s fourth-quarter performance.

  • Target goes "Gaga" for exclusive album deal

    MINNEAPOLIS-- Target is giving Lady Gaga fans something to celebrate. The retailer is offering customers the chance to pre-order an exclusive deluxe edition of her new album, "Born This Way," and download her first single and title track, "Born This Way" for free at Target.com/gaga beginning at 8 a.m. CST on Friday, Feb. 11 through midnight, Saturday, Feb. 26.

  • A New Yorker’s perspective on Walmart

    Crain’s New York Business this week reported on an interesting situation involving Walmart and the hype surrounding the company entry into the city. According to author Greg David, “as the opponents of Walmart continue their campaign to prevent the company from opening stores in New York, it remains a mystery how they intend to do that. David notes that the City Council has no power to intervene in leases signed at existing retail locations, and the company seems more determined than ever to take on the Big Apple.

  • Paper or Plastic, Verizon or AT&T

    Walmart has sold AT&T iPhones in its store for several years now so it shouldn’t have come as a surprise that the company would be offering the iPhone 4 now that it is available on the Verizon network. The company announced availability of the product at 600 of its stores earlier this week, which is consistent with a broader strategy in the electronics and entertainment category to be a leader or at least a fast follower.

  • Being cool is getting cheaper

    Walmart and Target are said to be among major corporations working with the Department of Energy on the development of a new breed of energy-efficient air conditioners. The DOE recently announced that as part of a voluntary program, it worked with members of the DOE Commercial Building Energy Alliances, including Walmart and Target, to develop new performance criteria for 10-ton capacity commercial air conditioners, also known as rooftop units that are 50% to 60% more efficient than existing equipment.

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