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Mass Merchant

  • HyVee chief picked to lead chain drug group

    New York -- The National Association of Chain Drug Stores announced during its Annual Meeting, the election of new officers, four new executive committee members and five new board of directors member for the coming year.
     
    Randy Edeker, chairman, president and chief executive officer of Hy-Vee will serve as the new NACDS chairman of the board of directors. Edeker succeeds John Standley, chairman and chief executive officer of Rite Aid.
     

  • Retailers doing good: Ann Inc. donates millions to cancer research; Whole Foods fights against poverty

    New York -- High-profile retailers can make a high-impact difference when they use their clout to do good.  

    Case in point: Ann Inc., parent to Ann Taylor and Loft, donated more than $4.3 million to the Breast Cancer Research Foundation to fund groundbreaking cancer research. The brands parlayed successes from the 2014 spring and fall campaigns and have brought the company's total corporate donation to $22.3 million in the past 10 years.

  • Report: Sears Canada reacts to Target exit

    Toronto – Sears Canada Inc. is reportedly reducing some departments while expanding others in a move to capitalize on the retreat of Target from the Canadian retail landscape. According to the Toronto Globe & Mail, Sears Canada plans to stop selling electronics altogether while also reducing its tool and hardware assortment by more than 50%.

  • Target, Sports Authority to carry folding bikes

    Target and Sports Authority are getting into the folding bike business, one of the fastest-growing segments in the $6 billion U.S. bike market.

    The retail giants are adding Durban Bikes to their sporting goods assortment. “The demand for folding bikes is growing rapidly, and we’ve received immediate and enthusiastic interest in our product lineup,” said David White, managing director of Durban Bikes.

  • Two Aeropostale board members will not return

    New York – During World War II, Gen. Douglas MacArthur famously said, “I shall return.” Two board members of Aeropostale Inc. are taking the opposite approach.

    Robert B. Chavez has advised Aeropostale that he will not seek re-election to its board of directors in 2015 due to his responsibilities and time commitments as president and CEO of Hermes of Paris Inc. Chavez will continue to serve until the 2015 annual meeting.

  • Meijer creates garden oasis in-store

    Meijer has partnered with Scotts-MiracleGro to create an unprecedented lawn and garden section in its stores, just in time for the spring gardening season. 

    Meijer is the first supercenter to partner with the national lawn care and garden brand to create a Garden Marketplace inside 27 Meijer stores across the Midwest as peak gardening season begins.

  • Wal-Mart annual report points to sustainability progress

    Bentonville, Ark. -- Global responsibility and sustainability continue to be priorities for Wal-Mart Stores Inc.  The company filed its proxy statement ahead of its June 5 annual shareholders meeting, and also issued its annual report, and the 2015 Global Responsibility Report and Global Compliance Program Report.

    The Global Responsibility Report outlined social and environmental work over the past year.  Accomplishments, according to the company, include:  

  • The one report every Walmart supplier should read

    Suppliers to Walmart are always looking for ways to align themselves with the retailer and develop strategies that drive sales. Nothing could be more instructive on that front than 2015 version of a Global Responsibility Report, which reveals the company’s extensive social and environmental commitments and accomplishments.

    The eighth annual edition of the document was released this week in conjunction with other material related to the company June 5 shareholders meeting.

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