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Mass Merchant

  • Big Lots is mom’s new best friend

    Big Lots celebrates families and mothers in particular through its national holiday television and online campaign launched on Nov. 1.

    The campaign features four original songs - one in Spanish - which are intended to inspire sing-alongs.  The spots feature a singing trio that includes "America's Got Talent" finalist Deanna DellaCioppa, a Boston native who has performed with Stevie Wonder and Diana Ross. 

    In this campaign, Big Lots emphasizes a special role mothers play in celebrating the holidays. 

  • J.C. Penney starts Black Friday 5 p.m. Thanksgiving Day

    Plano, Texas -- The J.C. Penney Co. Inc. will open stores and begin its Black Friday sale activities at 5 p.m. local time on Thanksgiving Day. The company announced its plans via a tweet on the official JCPenney news account.   This start time is an hour earlier than the 6 p.m. Thanksgiving opening time of competing department stores Macy’s and Sears, and three hours earlier than the 8 p.m. opening time Penney used for Thanksgiving 2013.   

  • America’s Top Redevelopers

    In its 10th year, the Top Redevelopers survey continues to underscore the industry sea change from ground-up new-builds to redeveloping existing assets. Each year, the names of our Top Redevelopers may change, but their goals remain the same: maximize shopping center portfolios by keeping each asset current, vibrant and viable.

  • Report: Call them “MALLENNIALS”

    The younger generation appears to be more brick-and-mortar than anyone expected.  They may live and breathe online, but come the holidays, they are going to the mall, says the new “2014 Holiday Shopping Behavior Survey” from Simon, a global retail real estate leader. 

    89% of respondents between the ages of 18 and 33 who plan to buy one or more gifts said that they intended to shop at the mall this holiday season.

  • Construction completed on phase two of Fortuna Commons shopping center

    Yuma, Ariz. -- Construction is complete on Phase 2 of the Fortuna Commons shopping center, anchored by Fry’s Food & Drug. New tenants include Firehouse Subs, Goodwill, and AutoZone.  

  • Report: Wal-Mart to reappoint Price as Asia CEO

    Bentonville, Ark. -- Wal-Mart Stores Inc. is reportedly reappointing Scott Price as president and CEO of its Asia business. According to Bloomberg, Wal-Mart will let Price, who previously held the position from 2009 until June 2014, work from the retailer’s U.S. headquarters.  

  • Gap Raises Bar on Digital With New CEO

    By

  • Merger magic evident at Office Depot

    Sales continued to decline at Office Depot in the third quarter, but CEO Roland Smith said excellent execution allowed operating profits to more than double.

    Total company sales on a pro-forma basis to reflect the merger of Office Depot and OfficeMax declined 3% to $4.1 billion during the period ended Sept. 27. The top line decline was steeper at the company’s 1,851 unit North American retail division where sales declined 7% to $1.7 billion due to store closures and a 3% same store sales decline driven by a reduced transaction volume. 

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