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Mass Merchant

  • Walmart has online EDLP opportunity

    Online pricing intelligence provider 360pi compared Amazon.com and Walmart.com prices earlier this year in a dynamic pricing study and discovered Walmart changed its prices more often than Amazon.

    The company looked at Amazon.com and Walmart.com prices comparing a basket of grocery pantry/household items spanning a number of CPG brands with a non-grocery basket (such as toys, electronics and tools) shopped on Amazon.com and Walmart.com between April 9 and June 9, 2015.

    Three key finding from the report were:

  • Dollar General has a new finance chief

    Dollar General Corp. has promoted one of its finance executives to serve as interim chief financial officer.

    The company says John W. Garratt will serve as interim chief financial officer effective July 1. He follows David Tehle, who had previously announced his retirement in March.

  • Report: A major retailer boosting minimum wage — again

    Conshohocken, Pa. – Home furnishings giant Ikea is increasing the minimum wage it pays to U.S. employees in stores and some distribution centers for the second straight year.

    According to the Associated Press, Ikea’s average U.S. minimum hourly wage will rise about 10% to $11.87 from $10.76 as of Jan. 1, 2016.

  • Survey: Most retail returns are preventable

    Much of the retail industry’s annual costs in returns can be prevented, according to a new survey.

  • Sustainable Solutions Can Also Deliver Savings

    A recent project my firm was involved in illustrated that, with some creativity and a little extra effort, sustainable solutions can not only be achieved, but also can deliver savings

  • Study: Shoppers leaving national brands behind

    National food, beverage and household brands continue to lose their place in Americans’ shopping carts, according to a new survey.

    Deloitte’s annual American Pantry Study of more than 354 brands across 34 product categories found that nearly three in four (73%) of consumer packaged goods categories show an overall decline in their status as “must have” brands.

  • Deliv acquires Chicago delivery start-up

    Menlo Park, Calif. - Same-day delivery company Deliv has acquired WeDeliver, a Chicago-based delivery service that powers same-day delivery for local retailers. Launched in early 2013, WeDeliver provides same-day delivery services for more than 200 retailers in the Chicago area

  • Analysis: The Gap, Art Peck, and store closures

    Retail consulting firm McMillanDoolittle has posted an interesting blog on Gap Inc.’s ongoing efforts to turnaround its troubled namesake brand. Here is the full posting:

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