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  • Report: Kmart testing financial centers

    New York City -- Twenty-three Kmart stores in Illinois and three other markets are testing financial centers where shoppers can cash checks, pay bills, place money orders and transfer money, according to Chicago Breaking Business.

    A Kmart spokeperson declined to comment on whether a bigger roll out is planned, or what the retailer has learned so far from its test, the report said.

    Seven of the Kmart stores are in Illinois, 10 are in Los Angeles, five are in Puerto Rico and one is in Wisconsin.

  • Target to open 21 stores and remodel 400 units in 2011

    Minneapolis -- Target is opening 21 stores across 12 states, the retailer announced Tuesday.

    Among the openings include five stores in California, a third store in Hawaii and a SuperTarget in Minnesota.

    “Target takes great pride in designing stores that meet the needs of our guests and the communities we serve,” said John Griffith, Target executive VP. “With the addition of an expanded fresh food assortment, our new stores will offer guests everything they need in one convenient location.”

  • Supervalu looks to Save-A-Lot banner for growth

    MINNEAPOLIS — There were three takeaways to come out of Supervalu’s third-quarter analyst call Tuesday morning: the deep discount banner Save-A-Lot will be the most significant catalyst for growth going forward; Supervalu aggressively is addressing pricing issues that have had consumers who are more accustomed to the “hi” in the grocer’s "hi-lo" pricing strategy shopping elsewhere; and while traditional Supervalu banners ACME, Shaw’s and even Jewel-Osco do not have a “For Sale” sign on their respective front lawns, a

  • NRF convention: Expect some spending uptick in 2011

    New York City -- A retail industry expert presented research Monday at the National Retail Federation convention in New York City that showed shoppers will continue to spend more this year, spurred by a slowly improving job market and an uptick in income.

    However, Ira Kalish, director of global economics for Deloitte, added that enough shoppers are still struggling with their finances that any increase will be modest.

  • Zappos.com Tops in Customer Service

    Zappos.com took top honors in the sixth annual NRF Foundation/American Express Customers' Choice Survey, whose results were released at the National Retail Federation's Annual Convention and Expo in New York City. The survey, conducted by BIGresearch, is designed to gauge consumer attitudes toward retailers' customer service and provide a list of the retailer that offer the best customer service (as judged by consumers).

    The Top 10 retailers in the ranking were:

  • Target to open 21 stores in 2011

    MINNEAPOLIS — Target is opening 21 stores across 12 states, the retailer announced Tuesday.

    Among the openings include five stores in California, a third store in Hawaii and a SuperTarget in Minnesota.

    “Target takes great pride in designing stores that meet the needs of our guests and the communities we serve,” said John Griffith, Target EVP. “With the addition of an expanded fresh food assortment, our new stores will offer guests everything they need in one convenient location.”

  • RadioShack to expand its presence in Target

    New York City -- RadioShack Corp. plans to almost double its presence in Target stores, where it operates wireless departments for the Minneapolis retailer, according to Minneapolis/St. Paul Business Journal.

    RadioShack ran mobile departments in 850 Targets at the end of 2010, the report said, with the number expected to increase to approximately 1,450 Target stores by June 30.

  • Target names executive committee members

    Minneapolis -- Two leaders of Target have been appointed to the retailer's executive committee.

    Tina Schiel, senior VP enterprise strategy and new business development, was promoted to executive VP stores and will join the executive committee, while Laysha Ward, who will retain her position as Target's community relations president and Target Foundation president, also will join the executive committee.

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