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Retail

  • From Sears Canada to head of Sephora Americas

    Beauty retailer Sephora has appointed former Sears Canada and Loblaws executive Calvin McDonald as president and CEO of Sephora Americas, effective Jan. 1, 2014.

    McDonald succeeds David Suliteanu, who has led Sephora since July 2000. Suliteanu is becoming the CEO of Kendo Brands, a separate LVMH entity, which creates new beauty brands, as well as acquires brands. The Kendo portfolio today includes brands, such as Ole Henriksen, Kat von D, Formula X and Marc Jacobs Beauty, with others in development.

  • Survey: Moms still make most household purchase decisions

    New York – Although dads are making inroads, moms still dominate purchase decisions in most U.S, households. According to a September 2013 survey by Child's Play Communications, moms remain the major household purchasing decision maker in about 80% of families.

    Other notable findings include:

  • Walmart invests in healthy eating

    The Walmart Foundation gave $2.5 million to Share Our Strength to help the hunger relief organization educate people about eating healthy on a budget.

  • Unleashed by Petco to Queens Fresh Meadows neighborhood

    Queens, N.Y. — The Fresh Meadows neighborhood in Queens is getting an Unleashed by Petco store. The new store will begin its grand opening celebrations Saturday, Nov. 9 and continue the celebrations over two more weekends.

    The Fresh Meadows Unleashed buy Petco will host several community gatherings throughout the year. There will be adoption events aiming to unite the area’s shelter pets with forever homes, Pug-a-Palooza, local dog meet-ups, contests and social gatherings.

  • Coupons.com names former Safeway exec as COO, CFO

    Coupons.com has appointed former Safeway executive Mir Aamir as the company’s CFO and COO.

  • Cabela’s announces three new stores, including its first in North Carolina

    Sidney, Neb. -- Cabela’s Inc. announced  plans to enter three new markets – Nanaimo, British Columbia, Canada; Garner, N.C.; and Sun Prairie, Wis.

    Construction on Cabela’s 100,000-sq. ft. Garner store – its first North Carolina location – is scheduled to begin next summer. The store is expected to open in spring of 2015.

  • Walmart redefines meaning of growth in China

    Less than two weeks after announcing plans to reduce overall international capital expenditures, top Walmart executives were telling a different story in China this week.

    At a press event in Beijing, Walmart CEO Mike Duke and Walmart China CEO Greg Foran said the company planned to opening as many as 110 new facilities during the next three years including stores in China’s smaller cities while also closing up to 9% of its 397 units and remodeling 165 stores.

  • New store format boasts Cabela’s Q3 results

    Sidney, Neb. – Cabela’s said that strong performance from its next-generation store format helped drive its third quarter net income up 16.6%, to $49.9 million compared to $42.8 million in the year ago quarter. The company also announced plans for three new stores.

    Revenue grew about 15%, from $741.2 million to $850.8 million. Same-store sales grew 3.9%.

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