Mass Merchant

Increasingly, people are endlessly fascinated by the traits, values, work habits and shopping patterns of millennials, also called Generation Y. Why is all this attention being paid to people born between the early 1980s and 2000s? It’s quite simple: They are a generation of influence, in numbers similar to that of baby boomers, but with an outlook unlike one we have ever seen.

According to Javelin Strategy & Research, by 2015, Gen Y income is projected to exceed that of boomers.

Walmart has been on a building boom in Northwest Arkansas. Small-format Express stores have been open now for several years, the new convenience concept Walmart To Go opened earlier this year and the latest development is a hybrid concept that allows online grocery orders to be picked up at a dedicated drive-through facility.

Northbrook, Ill. - Pine Tree Commercial Realty LLC has acquired Riverbend Marketplace, a regional shopping center located in Asheville, North Carolina, in partnership with Wanxiang America Real Estate Group. The 142,617-sq.-ft. shopping center is shadow-anchored by Walmart, anchored by Kohl’s and Petsmart, and features 110,715-sq.-ft. of national best-in-class retailers.

Isaac Mizrahi has a new yarn collection called Craft, and Michaels will carry it exclusively beginning this fall.

From super chunky to shimmery chic metallic, the line includes four New York -inspired, trend-driven collections:

Indianapolis – Hhgregg plans to hire more than 450 home electronics and home appliances sales associates this holiday season to support its 228 stores. Hhgregg is accepting applications for holiday positions starting Sept. 25, and plans to have all new hires on board and in stores by mid-October.

The retailer is seeking to hire both full-time and part-time associates, and though the positions are immediately needed for the holiday shopping season, all new hires will be considered for ongoing employment.

Washington, D.C. – The U.S. Postal Service (USPS) reportedly wants to expand a pilot of a grocery delivery service it has been testing with Amazon.com in the San Francisco area. According to the Wall Street Journal, the USPS has applied to run a two-year test of the service.

Toronto -- Sears Canada Inc. announced that Douglas C. Campbell, president and CEO, intends to resign and return to the United States by yearend for “personal family” issues. Campbell, formerly COO of Sears Canada, was appointed to the top spot in September 2013, after former head Calvin McDonald quit.  

Campbell was charged with turning around a struggling chain, which has seen eight years of falling sales.

The spiffy new look Walmart store associates are sporting these days is drawing complaints from some quarters who think the company went too far in striving for a modest degree of uniformity in the appearance of employees.

Apparently, it is now too much for Walmart to require employees to dress a certain way while they are at work with the dispute centering on what constitute a uniform versus a dress code and whether Walmart should pay for the clothes employees wear to work.