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Mass Merchant

  • Meijer on the move with new stores and remodels in 2016

    Meijer's ambitious growth plans for 2016 involve nine new supercenters, 32 remodels and a $400 million budget.

    The company announced the investment includes the construction of nine new Meijer supercenters and 32 different remodel projects. While Michigan, Indiana, Illinois, Kentucky and Wisconsin will each welcome new Meijer supercenters later this year, dozens of other Meijer stores have begun or will soon begin remodel projects to further enhance the customer shopping experience.

  • Five Below sets sights on Florida

    Teen and pre-teen retailer Five Below has big plans to bring its brand of extreme value retail to the Sunshine State.

    The company will hold a grand opening of its first store in Miami on March 2, giving it a total of 15 locations in the state, and said over time is expects to open 100 more stores. This store is located at Causeway Plaza, 12195 Biscayne Blvd, North Miami.

  • Family Dollar helps Dollar Tree win customers in Q4

    Dollar Tree says the integration of Family Dollar stores helped grow sales and profit in the fourth quarter.

    For its fourth quarter ended Jan. 30, net sales at Dollar Tree were $5.37 billion, a 116.7% increase from the same period a year ago. The boost in revenue was the result of $2.68 billion in sales from the Family Dollar d. Same store sales increased 1.7%. Profit was $229 million, up by $22.4 million from a year ago. 

  • Former Walmart exec to be new CEO at Mills Fleet Farm

    The former chief merchandising and marketing officer at Walmart has joined a Midwestern chain of farm and home stores as its new CEO.

    Mills Fleet Farm announced that former Walmart executive and Wisconsin native Duncan Mac Naughton will assume the role of CEO of the company now that it has been acquired by KKR, a global investment firm.

  • Albertsons sets goal for cage-free eggs by 2025

    Albertsons is joining other major retailers in working with its suppliers toward a goal of sourcing only cage-free eggs for its store operations.

    The company, among the first and largest in the conventional retail grocery sector to make such a commitment, is making the move not only as part of its ongoing commitment to animal welfare but also in response to customer buying habits.

  • CBL announces second phase of Fisher-Price play area installations

    Chattanooga, Tenn. -- CBL & Associates Properties announce locations for the second phase of Fisher-Price play areas to be installed as part of a multi-year, multi-property partnership, which was announced fall 2015.

    The play areas will resemble a larger-than-life Toy Box featuring iconic brands like Thomas & Friends, Little People and more. These exclusive attractions will be brought to life by PLAYTIME, LLC, long-time partner of CBL.

  • Report: Sports Authority may sell stores to Dick's

    Sports Authority Inc., which is reportedly preparing to file for bankruptcy, has discussed selling stores and intellectual property to rival chain Dick’s Sporting Goods Inc. and other parties, according to Bloomberg.

    Sports Authority, once the largest sporting-goods retailer in the U.S., is heading toward default after years of losing ground to competitors. The Englewood, Colorado-based chain missed a Jan. 15 interest payment on some of its debt and failed to make the payment during a 30-day grace period.

  • Aldi drops ban on credit cards

    Fast-expanding grocery chain Aldi is making it even easier for consumers to shop its no-frills stores.

    The European chain has announced it will now accept credit cards – including Visa, MasterCard, Discover and American Express – at all of its stores across the country.

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