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Mass Merchant

  • Exclusive: Growth Charting

    While 2014 was rocky for a great many retailers, with several thousand store closings across most categories of retail, the first half of 2015 has seen some encouraging signs of a modest resurgence in certain retail sectors and from select brands. The higher numbers of store closings are far from over, and it would not be accurate to refer to 2015 as a total turnaround, but it does seem noteworthy that there are significant categories of retail that have aggressively moved to capitalize on opportunities.

  • Moody’s is wild for Walmart Neighborhood Market

    New York -- Walmart’s Neighborhood Markets format offers a compelling source of new sales growth for the nation’s largest retailer, according to a report by Moody’s.

    Despite strategic shifts to compete more successfully with the company, traditional supermarkets will feel the pressure as Walmart moves to increase its already dominant share of the US grocery segment.

  • Instacart now delivering from Asian supermarkets

    Shoppers in need of same-day delivery of Thai oyster sauce or Indonesian soy sauce may not have to leave their homes to buy the ingredients if Instacart has any say about it.

    The online grocery delivery service based in San Francisco announced Wednesday that it would begin delivering to Boston and Cambridge residents from H Mart, one of the largest and fastest growing Asian grocery chains in the United States.

  • Li & Fung partners with China department store chains

    Hong Kong – A subsidiary of global export company Li & Fung is partnering with two Chinese department store retailers to open as many as 300 stores in the Shanghai free trade zone. Li & Fung Trading (China) Holdings Ltd. is forming a joint venture with Shanghai Bailian Group Co. Ltd. and Beijing Wangfujing Department Store (Group) Co. Ltd. Li & Fung holds a 20% stake and each department store chain owns a 40% stake.

  • Rebel flags coming off more shelves

    Rebel flags are now a hot commodity after numerous retailers yanked Confederate-related merchandise from their stores and websites.

    Wal-Mart, Sears and eBay announced their decisions Monday, and South Carolina Gov. Nikki Haley called on legislators to remove the flag from the statehouse grounds. After doing so, sales of Confederate flags spiked on Amazon to claim first, second, and third place on the site's list of biggest sales gainers in the previous 24 hours. Prices ranged from under $2 to nearly $16 per flag.

  • Meijer opens first Wisconsin stores

    Grand Rapids, Mich. - Meijer has moved into its sixth state, opening its first two Wisconsin supercenters. The 192,000-sq.-ft. stores in Grafton and Kenosha have created nearly 600 jobs.

    In addition to the retailer's grocery, merchandise and garden center at each store, the new pharmacies offer drive-thru pick up and the Meijer free prescription program.

    In August, Meijer will open two additional stores in Wauwatosa and Oak Creek. The retailer has plans for continued growth in Wisconsin.
     

  • NRF recognizes retail’s top cops

    The National Retail Federation is recognizing the nation's top law enforcement officers with the organization's annual loss prevention awards.

    Recipients of the Ring of Excellence, Law Enforcement Retail Partnership and Retail Case of the Year will be honored during an awards ceremony at NRF PROTECT, the retail industry’s largest event for retail loss prevention executives in North America.

  • NRF: Back-to-school spending on upswing

    Washington, D.C. – Back-to-school spending for both K-12 and college students is on the upswing this year. According to a study of more than 6,400 adults with children in K-12 and college conducted by the National Retail Federation (NRF) and Prosper Insights, 29% of K-12 households plan to spend more in the current year than the previous year, as do almost 30% of college households.

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