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Retail

  • ECRM: Retail circular advertising trends, September 2013

    ECRM compared retail circular advertising in September 2012 versus September 2013 and noted trends occurring across top retail chains. Home Depot continued to cut circular pages, down 80% year-over-year to only four for September. Despite this, it has continued to dramatically increase the density of its circular, with a 180% increase in ad blocks per page. On the other hand, Lowe’s saw only minor year-over-year changes, with 25% increases in ad blocks per page and per circular.

  • SMS Assist names former Dollar General exec as VP, facilities

    Chicago -- SMS Assist announced it has appointed Geoffrey Wigner as executive VP of facilities for the Chicago-based technology-driven facilities maintenance and management company.
     

  • ARC Retail completes Tiffany Springs purchase

    New York -- American Realty Capital – Retail Centers of America, Inc. ("ARC Retail") closed its acquisition of the Tiffany Springs MarketCenter, located in Kansas City, Mo., on Sept. 26, for a contract price of $53.5 million, exclusive of closing costs. The purchase of the Tiffany Springs MarketCenter represents ARC Retail's third acquisition of a retail power center with multiple credit tenants.

  • JC’s 5 Star Outlet going out of business

    Columbus, Ohio -- JC's 5 Star Outlet, formerly the outlet store division of J.C. Penney, is winding down operations and closing its 15 stores. "Going out of business" sales will start Wednesday, offering shoppers deeper discounts than the usual outlet prices of 25% to 75% off retail.

    The 5 Star Outlet stores, which had been designated for closure by J.C. Penney, were acquired by SB Acquisitions in October 2011, and rebranded JC's 5 Star Outlet.
       

  • Hardee’s plans New England expansion

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  • Department 56 names a new president

    Enesco, LLC, a leading global designer, producer and marketer of branded giftware, plush toys and home and garden décor, has appointed Molly C. Kinney as president of Department 56, a wholly owned subsidiary of Enesco.

    Kinney replaces Susan Azar, who recently resigned her position after 10 years with Department 56. 

  • Amazon ups holiday hiring by 40% to hire 70,000 holiday workers

    Seattle -- Amazon.com announced plans to add more than 70,000 full-time seasonal jobs in its U.S. fulfillment centers this holiday season, a 40% increase rise over last year. The company said it hopes to eventually convert many of those temporary seasonal opportunities into permanent roles.

  • NRF: Mobile devices account for more than half of retail web time

    Washington, D.C. -- More than half (55%) of all retail-related Internet time in June 2013 originated on smartphones and tablet devices combined, compared with just 45% originating from desktop devices. According to a report produced in partnership by the National Retail Federation (NRF) with comScore and The Partnering Group and released at Shop.org's Annual Summit, smartphone Internet usage in June 2013 totaled 44% of retail Internet minutes, up from 17%in June 2010. Tablet internet usage accounted for 11% of total minutes on retail sites.

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