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Mass Merchant

  • Walmart meets key sustainability goal early

    It’s been 10 years since Walmart launched its sustainability agenda, and on Tuesday, the discounter detailed the progress it has made to date.

    In two important milestones, Walmart said it has achieved its goals of reducing 20 million metric tons of greenhouse gas (GHG) emissions from its global supply chain, and doubling its fleet efficiency. It also expanded an existing commitment to preserve wildlife habitat.

  • How Target is going 'click-and-mortar' this holiday

    Target is embarking on its most omnichannel holiday season ever with more services designed to add convenience and value for shoppers.

    In a new blog post and infographic posted on Target.com, the retailer details how the intersection between stores and mobile play a big role in the Target shopping experience: Nearly 25 percent of Target.com sales will be fulfilled by a store, either through Order Pickup or shipping from a store.

    Target recently introduced two new "click-and-mortar" features designed to improve the shopping experience.

  • Urban Outfitters goes from skinny jeans to pizza

    In a new expansion of food and retail, Urban Outfitters Inc. is acquiring a Philadelphia-based restaruant chain.

  • Dillard's hit by department store doldrums

    Dillard’s joined Macy's and Nordstrom Monday in struggling against weaker than expected traffic and sales in the third quarter.

  • All gift cards not created equal—especially when it comes to resale

    Popularity and resale value do not always correlate when it comes to gift cards.

    Visa is tops in a ranking of the gift cards expected to be most popular this holiday season.

    Rounding out the top 10: American Express; iTunes; Wal-Mart; Target; Starbucks; Netflix; eBay and Google Play. The ranking is from CardHub, a credit card comparison Web site owned by Evolution Finance.

  • Retail CMOs forecast 2015 Black Friday sales up 2.4%

  • J.C. Penney shines; beats department store doldrums

    Home goods and Sephora helped J.C. Penney turn a page on the ongoing story of its story of transformation by exceeding top-line growth expectations in the third quarter.

    For its third quarter ended Oct. 31, the company cut its loss by 27% to $137 million, or 45 cents a share. It reported net sales of $2.90 billion, compared to $2.76 billion in the year-ago period. Same-store sales increased 6.4%.

  • Target to debut smaller store format in Manhattan

    Target Corp. is bringing its smaller-sized, urban format to one of lower Manhattan’s trendiest — and wealthiest — neighborhoods.

    The retailer will open an approximately 45,000-sq.-ft. store on Greenwich Street in Tribeca, near Battery Park, a fast-growing and affluent residential area, and the Financial District.

    The two-level store is scheduled to open in October 2016. It is located in a 14-story, 625,000-sq.-ft. mixed-use building, whose landlord is Jack Resnick & Sons.

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