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Mass Merchant

  • Imports to set new record before holidays

    Import cargo volume at the nation’s major retail container ports is expected to see a final surge and set a new monthly record in October as the holiday season approaches, according to the monthly Global Port Tracker report released late this week by the National Retail Federation and Hackett Associates.

  • Big Lots teams up with baseball great Mariano Rivera for grand opening

    Big Lots is preparing for the grand opening celebration of its newest store at 9 a.m. Friday, October 17, and baseball great Mariano Rivera will be in attendance.

    Rivera, who spent 17 seasons with the New York Yankees as a relief pitcher, will kick off the store opening with an autograph session from 10 a.m-noon.

    "What better way to celebrate our new store in North Bergen than by welcoming New York Yankee great Mariano Rivera to join us on this special day," said CEO and president David Campisi.

  • Toys’R’Us appoints former Staples exec managing director, Central Europe

    Toys“R”Us has appointed Michael Melzer as managing director, Central Europe. He will be responsible for the company’s business operations throughout Germany, Austria and Switzerland, including 91 stores and four e-commerce sites, as well as the approximately 2,200 employees in these countries, and report to Wolfgang Link, president, Europe.

  • Accenture: Holiday spending to increase; discount stores top destination

    New York -- One-quarter (25%) of U.S. consumers plans to spend more on holiday shopping this year up from 20% in 2013, and spending on holiday gifts is expected to average $718, according to Accenture’s annual holiday shopping survey.

    The survey also found consumer enthusiasm for Black Friday shopping has reached its highest level in eight years. Two-thirds of respondents (66%) said they are likely to shop on Black Friday, compared to 55% who planned to do so in 2013.

  • Report: Amazon to open store in NYC for holidays

    New York -- Amazon plans to open its first-ever physical store, across from the Empire State Building in mid-town Manhattan, the Wall Street Journal reported. It's been rumored for years that the online giant was looking to open brick-and-mortar locations.

  • ICSC: Holiday sales to increase 4%; strongest gain in three years

    New York -- The International Council of Shopping Centers forecasts a 4.0% increase in sales during the November-December holiday shopping period, the strongest gain in three years, amid positive economic signals. Total holiday shopping sales at shopping centers is estimated to be $488.6 billion in the same period.

  • Modest sales growth for apparel retailers in September

    New York -- Apparel retailers reported modest sales growth for the month of September, fueled by back-to-school spending early in the month.

  • Walmart gears up for small format growth

    Walmart is set to announce its 2015 growth priorities next week and in a clear sign of an accelerating Neighborhood Market rollout, the retailer has created a new organizational structure made up of seasoned operators and accomplished merchants.

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