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Mass Merchant

  • Report: Chinese shoppers’ interest in Singles’ Day slips

    While Singles’ Day has morphed into the world’s biggest shopping extravaganza, the event’s allure may be losing some luster.  

  • Tech Bytes: Three ways to succeed on Singles’ Day — even if it’s half a world away

    Black Friday weekend is just around the corner. But as retailers remained focused on one-day sales, exclusive sneak peeks and door busters, they are missing the boat on a much more lucrative opportunity — Singles’ Day.  

  • Walmart’s new sustainability roadmap includes focus on renewable energy

    Walmart is setting some lofty goals for itself on such critical issues as sustainability and job creation.    In remarks Friday at the Net Impact Conference, Walmart CEO Doug McMillon outlined a "new roadmap" that will guide the company’s role in society on critical issues during the next several years, and pointed to a “new era of trust and transparency.”  

  • AmEx: Holiday spending, mobile usage jumps this holiday season

    It may only be the first week of November, but American shoppers are steadily crossing items off of their holiday shopping lists.   As of the end of September, one-third (33%) of consumers had already started their holiday shopping, up significantly from 25% in 2015. Further, they expect to spend an average of $908, an 8% increase from last year ($839 in 2015). Among affluent consumers, this threshold increases to an average of $1,513.  

  • New retailers fill redeveloped New Jersey center

    Target, HomeGoods, and Petco will be opening this month at Closter Plaza, a Whole Foods-anchored center in Closter, New Jersey, undergoing a complete redevelopment.   Owner Edens has stated it is “re-energizing” the 208,337-sq.-ft. center with tenants possessing greater appeal to affluent local residents. The developer reports that the average household income within a five-mile radius of the center is $134,000.  

  • Top Retailers, Influencers Talk Innovation at X/SPECS

  • Holiday forecast: Digital promotions to help drive in-store purchases

    Holiday spending is expected to spike by a solid 4%.   That’s according to the “2016 Holiday Season Forecast,” an annual report from investment firm JLL that is based on responses from 2,800 shoppers across 31 shopping centers.  

  • Another high-profile Target exit: Grocery chief leaving

    That was fast.   Anne Dament, senior VP of grocery merchandising for Target Corp., is leaving the chain, after less than 18 months on the job. Her last day will be Nov. 18.   Damen’s exit will mark the third high-level executive departure at Target in less than three months. In August, the chain’s chief marketing officer, Jeff Jones, resigned to join Uber. And in September, chief digital officer Jason Goldberger left.    
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