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Mass Merchant

  • Holiday 2016: Shoppers more generous — and more last minute

    Online spending, and the amount of purchases made after the standard shipping deadline, were on the rise this holiday season.  

  • Former Walmart executive joins Dollar Tree management team

    Dollar Tree has appointed Duncan Mac Naughton as president and COO of its Family Dollar subsidiary.   Mac Naughton, 54, most recently served as CEO of Mills Fleet Farm. He has held numerous leadership roles at Wal-Mart Stores, including chief merchandising and marketing officer of Wal-Mart U.S. from 2011 to 2014, executive VP of consumables health and wellness and Walmart.com from 2010 to 2011, and chief merchandising officer of Wal-Mart Canada from 2009 to 2010.  

  • Surprise — Gap had a happy holiday

    Gap Inc. turned in a positive holiday performance, reversing a string of declines, fueled by strong results from its Old Navy division and improvements by its namesake unit. The apparel giant also boosted its guidance for the year.    Gap’s net sales for the November and December holiday season edged up 1% compared to the year-ago period. Total same-store sales rose 2%.  

  • Top Baby-Boomer Shopping Habits Retailers Can’t Afford to Ignore

    Millennials grab most of the attention from brand marketers, but baby boomers still have greater disposable income and far more purchasing clout. 

  • Report: Walmart Canada settles dispute with Visa

    A six-month battle between Walmart Canada and Visa has come to an end.   The retailer, which threatened to ban the card processor from all of its stores nationwide due to “unacceptably high” credit-card transaction fees, has ended its feud, and will resume accepting Visa cards at its more than 400 stores starting Friday, Jan. 6.  

  • Grocer bullish on expansion in 2017

    Sprouts Family Market is expanding its footprint.     The Phoenix-based grocer plans to open 35 stores in 2017, with 11 of the locations opening in the second quarter of the year.     The 11 stores opening in the second quarter include three in California, two in Georgia, two in Florida locations, two in Texas locations and two in Colorado, the Phoenix Business Journal reported.  

  • Amazon’s expansion into brick-and-mortar taking it to NYC

    New Yorkers will have a new way to browse Amazon’s best-selling book titles — in a physical store.   Later this year, the retail giant will open a book store in Manhattan’s Shops at Columbus Circle, in the Time Warner Center, according to ReCode.  

  • Post-Election Fallout for Labor

    As a result of the labor community’s failure to produce critical outcomes it pursued for the presidency, Congress and governorships, unions will be forced to abandon much of the political and legislative agenda they had developed in hopes of a friendly Clinton administration.

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