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Mass Merchant

  • Smart & Final Q2 profits stay flat; plans 12 new stores

    Commerce, Calif. – Smart & Final Stores Inc. reported net income of $11 million in the second quarter of fiscal 2015, essentially flat compared to $11.1 million in the year-earlier period. Higher expenses related to higher sales volumes, increased store support costs, additional marketing expense, and public company costs inhibited profit growth.

  • NRF cuts retail sales forecast

    What’s wrong with America? Plenty, according to the National Retail Federation which just slashed its full year retail sales forecast ahead of second quarter earnings announcements from major retailers next month.

  • Wal-Mart expands e-commerce fulfillment capability

    Bentonville, Ark. – Wal-Mart Stores Inc. has made it clear with recent promotions that it has Amazon.com in its sights, and the retailer is now boning up on back-end fulfillment capability for its e-commerce business. Wal-Mart is opening two new e-commerce distribution facilities Bethlehem, Pennsylvania.

  • Jet beats Walmart and Amazon on launch day

    Online retailer Jet.com is all about low prices and so far the upstart membership club competitor is living up to it value proposition.

  • Report: Macy’s treads on Amazon’s turf

    New York – There is no shortage of retailers treading on different pieces of retail turf dominated by Amazon.com, and Macy’s is reportedly joining the list. According to Reuters, Macy’s will partner with same-day delivery provider Deliv to expand same-day delivery of online purchases to several new U.S. markets before the end of the summer.

  • Report: Target says controversial shirt not meant to offend

    Minneapolis – Target Corp. is getting some social media heat about the message on a controversial T-shirt it is selling, and says no offense was ever intended. According to the Associated Press, in a written statement Target said the black women’s shirt with the word “Trophy” written across the front in bold lettering is not meant to demean women.

  • Report: Macy's to offer same-day delivery

    Macy's Inc. is expanding same-day delivery to several new U.S. markets this summer, according to Reuters.

    The news service says a Macy's official said that the initial plan is to offer the service in so many markets that it could get ahead of Amazon — which currently offers same-day delivery in 14 markets.

    Currently, Macy’s is offering the service in Houston, San Francisco, San Jose, Seattle, Washington DC, Chicago, Los Angeles and New Jersey. 

  • Report: Jet.com flies below Amazon, Wal-Mart prices

    Hoboken, N.J. – New membership-based Jet.com officially took off into wide rollout on July 21, and initial pricing analysis shows it is flying beneath competitors Amazon.com and Wal-Mart when it comes to what customers are paying.

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