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Mass Merchant

  • A new arrival for baby category

    The Chicco brand of baby gear hit Target stores this week with three key items featured in the retailer’s weekly ad. Those same items were then called out in stores with red placards the size of album covers, in case anyone remembers what those were, that featured the advertised sales price. The items featured included a Chicco Cortina travel system for $260, a highchair for $130 and a playpen for $160.

  • Hot Topic divisional chief resigns

    City of Industry, Calif. -- Hot Topic said Monday that Chris Daniel, president of the company’s plus-size Torrid division, has resigned effective April 29.

    The company has named Betsy McLaughlin as interim head of Torrid upon Daniel’s departure, and said it will conduct an outside search for a permanent replacement.

  • RadioShack opens at North Haven Pavilion

    North Haven, Conn. -- Purchase, N.Y.-based National Realty & Development Corp. said that RadioShack has opened for business at North Haven Pavilion, located in North Haven, Conn.

    Target, Sports Authority and Michaels anchor the 274,000-sq.-ft. center.

    RadioShack opened on Jan. 11 and leased a 2,200-sq.-ft. space.

  • Merlin Entertainment to debut attractions in Texas

    Dallas -- X Team International, an international alliance of retail real estate advisors, said Tuesday that Venture Commercial, through its Venturetainment division, assisted with site-selection efforts and completed two leases for global visitor attraction operator Merlin Entertainments Group to bring two of its iconic attraction brands to the Texas market for the first time.

  • TJX makes some management changes

    FRAMINGHAM, Mass. -- The TJX Companies announced that its board of directors approved a new management structure as part of the company’s ongoing leadership succession planning. Carol Meyrowitz continues as CEO as well as a director of The TJX Companies and has entered into another two-year employment agreement. Ernie Herrman has been promoted to president of The TJX Companies from his post of senior EVP, group president.

    Meyrowitz will now have Herrman and Jeffrey Naylor, senior EVP, chief financial and administrative officer, reporting to her.

  • What will you do with your 5%?

    Another week and another full page ad in Target’s circular touting the REDcard Rewards program launched last fall. Nothing unusual about that right? The 5% savings program has been promoted heavily since its arrival last October to the point where it is impossible to look anywhere in a store and not seen 5% Rewards signs.

  • New York & Co. names CEO

    New York City -- New York & Co. said Tuesday it has promoted current president Gregory Scott to the role of CEO, effective Feb. 12.

    Richard P. Crystal, current chairman and CEO, had previously announced his impending retirement, effective Feb. 11.

    Grace Nichols, who has served as a director since March 2008, will assume the role of non-executive chair of the board effective Feb. 12. Scott will remain a director on the company’s board.

  • Target makes the grade on customer service

    Target took the 21st spot out of a list of 46 retailers ranked for their customer service. Zappos.com took the top spot followed by Amazon.com and LL Bean. Walmart was ranked 27.

    Other retailers in the top ten include Overstock.com (4), JCPenney (6) and Kohl's (7).

     

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