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Mass Merchant

  • J.C. Penney, Walmart among retailers sued over Bangladesh factory collapse

    New York -- The deadliest disaster in the history of the garment industry, as reported by The New York Times, has led to finger-pointing and lawsuits aimed at a group of retailers.

  • 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.

  • Walmart’s plumbing problem exposes trust deficit

    Walmart detailed a wide range of considerable accomplishments in its eighth annual Global Responsibility Report released this week, but what the world really want to know is what’s up with those toilets at Pico Rivera, Calif., supercenter.

    In case you missed it, Walmart abruptly closed the store and four others due to what the company characterized as emergency plumbing issues. Plans called for the stores to close for six months while repairs were made and employees were given two months severance pay and told them would need to reapply for jobs when the stores reopened.

  • ABG acquires Jones New York, strategic advisor named

    New York -- Following its January 2015 spinoff from private-equity firm Sycamore Partners, Jones New York has been acquired by Authentic Brands Group, LLC, owner of a global portfolio of fashion, sports, media and entertainment brands.

    Sycamore previously announced it would close all Jones New York retail locations and seek strategic alternatives for the beleaguered brand.

  • Founder of TJX Cos. to retire from board

    The TJX Cos. Inc. announced Wednesday that Chairman Bernard Cammarata will retire following the company’s annual shareholder meeting scheduled for June 11.

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