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Retail

  • Report: Gen Y loves Walmart

    Generation Y prefers to shop at Walmart over Target, Costco, Kroger, Whole Foods, and Trader Joe’s, according to Ad Age.

    "Millennials now, as a generation, like Walmart the best, more so than Generation X, more so than boomers," Matt Kistler, Walmart’s senior VP-consumer insights and analytics, said.

    Walmart is most popular among people under 24, as well as every store but Target among 25- to 34-year-olds, according to InfoScout, a provider of shopper insights with a nationwide panel of more than 170,000 shoppers.

  • Dollar General names supply chain, merchandising executives

    Dollar General, which recently opened its 12,000 store, has named five executives to key leadership positions within its global supply chain functions and merchandising organizations.

    The following promotions are effective immediately:

    •   Mike Kindy has been promoted to senior VP, global supply chain with responsibility for transportation as well as inventory and demand management, demand planning and supply chain solutions. Kindy has been with Dollar General since 2007.

  • Report: Amazon eyes crowdsourced deliveries

    Always on the hunt for quicker and less costly deliveries, Amazon is considering paying ordinary people (as opposed to shippers such as FedEx or UPS) to deliver packages as part of a crowdsourced delivery program, according to The Wall Street Journal. They would drop off the packages to customers on the way to their own destinations.

    The service is referred to internally as "On My Way," the report said, and no other details are available. The report also noted that the plan may not move forward. 

  • Stores the new darlings of omnichannel retailing

    Stores are once again the darlings of retail — even e-commerce pure plays are scrambling to establish brick-and-mortar locations, while established brands are busy exploring new ways to leverage their existing physical footprint. Many predicted that the store would survive — and indeed thrive — but few realized the full degree to which stores would become a coveted link within today’s customer-driven “commerce anywhere” shopping experience.

  • Panera unveils omnichannel ad campaign

    St. Louis — Panera Bread has unveiled a new national omnichannel advertising platform. Developed in collaboration with the Anomaly agency, the "Food as it should be" campaign includes national television spots, billboards, radio advertising and digital and display content that will begin to air this week.

  • Dollar General names key execs to new roles

    On the heels of opening its 12,000th store, Dollar General has named five executives to key leadership positions within its merchandising and supply chain organizations.

    The company announced internal promotions in both its merchandising and global supply chain functions as the company enhances its management team. The following promotions are effective immediately:

  • Authentic Brands Group completes purchase of Frederick’s of Hollywood

    New York — Authentic Brands Group LLC (ABG) , whose brands include Jones New York and Juicy Couture, has closed on its purchase of Frederick's of Hollywood Group for an undisclosed sum. Previous reports indicated the acquisition agreement, announced in April 2015, was for $22.5 million.

  • Growing Shopko to open 15 stores in July

    Shopko is continuing on its growth path with the opening of 15 new Shopko Hometown stores across eight states this July.

    The new locations join 20 stores Shopko already opened earlier this year and more than 15 additional stores the company plans to open in October.

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