Skip to main content

Retail

  • Walmart west expands digital footprint

    The San Jose Mercury News is reporting that Walmart has expanded and already sizable footprint in the San Francisco bay area.
    Walmart opened a new office in Sunnyvale, about 30 miles south of its Global eCommerce and @Walmart Labs headquarter in San Bruno, that employs 500 people, according to the San Jose Mercury News. Details are still a bit sketchy, but click here for more from Walmart.com’s hometown newspaper visit.
     

  • Coupons.com appoints new VP of investor relations

    Coupons.com has appointed Lance M. Meyerowich as the company’s VP of investor relations. Meyerowich, who has two decades of experience on Wall Street, will report to CFO and chief operating officer Mir Aamir.

    “Lance is extremely well known and respected in the financial community,” said Aamir. “I’m thrilled that he’s joining our growing team.”

  • Retail employment is on the rise

    The National Retail Federation (NRF) calculated that retail employment was down 21,600 jobs in January 2014, yet up 230,000 jobs year-over-year. December retail employment figures were revised up to a gain of 57,000 jobs.

    The Bureau of Labor Statistics Employment Situation report showed that January total nonfarm payroll employment rose by 113,000, with the unemployment rate at 6.6% and the labor force participation rate at 63%.

  • Declining mall traffic affects Bebe in Q4

    Bebe Stores had a difficult second quarter. The company reported a net loss of $5.5 million, which it said was partly fueled by declining mall traffic and an aggressive promotional environment across the industry.

    Net sales declined 4.1% to $130 million, from $135.5 million reported for the second quarter a year ago. Same-store sales decreased 1.9%.

    CEO Steve Birkhold acknowledged challenges, but cited sequential improvement in same-store sales and holiday sales, as well.

  • Duke not done yet, sustainability and WSJ beckon

    Former Wal-Mart Stores, Inc., president and CEO Mike Duke is among an impressive roster of top business executives slated to participate in a Wall Street Journal executive conference called ECO:nomics — Creating Environmental Capital.

    The event, scheduled for April 2-4 at the Bacara Resort in Santa Barbara, Calif., is billed as a day of no holds barred interviews in an interactive format that offers unparalleled networking.

  • Ann Inc. anticipates higher sales for Q4 2013

    Ann Inc., parent company of Ann Taylor and The Loft, expects net sales and same-store sales to increase for the fourth quarter and full year fiscal 2013, on a year-over-year basis.

    For the full year, Ann Inc. issued guidance for total net sales of $2.49 billion, reflecting a total net sales increase of 5% and a same-store sales increase of 2%.

  • RILA applauds "practical" reg reform

    Government regulators tend to complicate retailers’ lives more often than not, but one federal agency is winning praise from a key trade group for its common sense approach to compliance.

    Yesterday, the U.S. Environmental Protection Agency (EPA) released its Notice of Data Availability (NODA) as part of its process to improve existing regulations that have been applied to the handling of unsold or returned consumer products at retail facilities. The Retail Industry Leaders Association (RILA) released the following statement today in response to EPA’s notice.

  • Giant Carlisle searches for new president

    Rick Herring, president of Ahold USA’s Giant Carlisle Division, plans to retire, effective Feb. 14.

    Herring has been at Ahold for nearly 25 years and the company credits him with having made many contributions to the organization.

    “We would like to thank Rick for his numerous contributions to our companies, as well as for his leadership, dedication and years of service," stated James McCann, Ahold USA COO. "We wish him all the best in this next phase of his life and career.”

X
This ad will auto-close in 10 seconds