Skip to main content

Mass Merchant

  • NRF calls NLRB ruling a ‘roadblock’ to job creation

    Washington — The National Retail Federation wasted no time responding to a ruling by the National Labor Relations board concerning the redefinition of the concept of joint employees.

    NRF and other business groups are concerned that the redefinition  could be used to make large businesses and franchisors responsible for the actions of subcontractors or local franchisees even when they do not exercise direct control over those companies’ employees.

  • GameStop a winner in Q2

    Grapevine, Texas – GameStop Corp. on Thursday posted a strong second quarter, with profit and revenue that topped analysts’ estimates.

    The retailer’s net income rose 3% to $25.3 million from $24.6 million.

  • Walmart fires opening salvo of 2015 holiday season

    The holiday force has awakened earlier than ever at Walmart with the Aug. 28 launch of a major initiative called Toy Week.

    Walmart has released its top toy list of 25 products and announced details of a layaway program that is less restrictive than prior years. The program begins Aug. 28, two weeks earlier than last years, and those participating will find the price point of eligible items has been reduced to $10 with a minimum basket size of $50, there is no account opening fee and only a 10% down payment is required.

  • Data breach costly for Target

    Minneapolis – Target Corp. has released an estimate of costs related to its 2013 data breach.

    In a 10-Q filing with the Securities and Exchange Commission (SEC), Target estimated it had incurred $168 million in liabilities and was eligible for $55 million in insurance reimbursements (as of August 1, 2015).

  • Walmart to stop selling assault rifles

    New York -- Walmart plans to stop selling AR-15 assault rifles and other modern sporting rifles, a move the company says is motivated not by politics but by falling consumer demand.

  • Report: Walmart to stop selling some rifles

    Walmart plans to stop selling certain types of assault and sporting rifles, the company said on Wednesday.

    “There wasn’t a whole lot of demand for those products so we replaced them with products we have seen customers coming into purchase it," Walmart spokesman Kory Lundberg told Fortune. 

    The move comes as the largest seller of guns and ammunition in the U.S. has been a large part of the national gun debate following recent shootings.

  • Target explains chip cards to customers

    New York -- Target Corp. has finished EMV conversion at the point-of-sale. And the retailer is letting customers in on the news.

    The chain has posted an article, “Chip Cards at Target: Five Things You Need to Know Before You Check Out,” and related video on its blog.

    In the posting, Target gives customers some advice for using chip cards, including that they leave the card in the card reader until prompted to remove it.   

  • And the leading mobile retailer is…

    Seattle – Mobile shopping has been getting attention for its rapid growth, and one major retailer is leading the way.

    According to new data from online coupon database Coupofy.com, Amazon.com is the leading mobile commerce retailer, with 110% growth in 2014, earning revenues of $16.8 billion.

    Amazon is followed by Apple ($14 billion), Chinese store Jingdong Mall ($5.8 billion), Google Play ($4.4 billion), and QVC ($1.86 billion).

X
This ad will auto-close in 10 seconds