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Retail

  • Williams-Sonoma streamlines leadership team as part of growth strategy

    As part of its continued growth strategy, Williams-Sonoma made several organizational changes to its management team.

    Chief marketing officer Pat Connolly has been elevated to chief strategy and business development officer. Connolly will work closely with senior management to refine the company’s long-term strategy, including the development of new businesses, and the evaluation and execution of acquisitions and alliances that can provide significant growth.

  • Sears offers personalized back-to-school assistance — online, in-store and mobile

    Hoffman Estates, Ill. – Sears’ new 'Back to School, Back to You' campaign offers members of its Shop Your Way loyalty program the ability to communicate one-on-one with a store associate through the program’s mobile app or website. Associates respond directly to individual inquiries.

  • Home Depot Foundation makes donation to veterans nonprofit

    The Home Depot has donated $81,000 to a rural retreat for wounded veterans and their families. The money will go toward building a barn and run-in for horses, as well as some garden project at the Boulder Crest Retreat for Military and Veteran Wellness.

  • Amazon loss grows in Q2 even as sales rise 23%

    Seattle – Amazon.com reported a second quarter net loss of $126 million, compared to a net loss of $7 million in the same period last year, as it continues to spend heavily on investments. The loss was nearly double what Wall Street higher expected. Operating expenses rose 24% to $19.36 billion.

    Net sales increased 23% to $19.34 billion in the second quarter, compared with $15.70 billion in second quarter 2013. Net sales met Wall Street expectations. A favorable change in foreign exchange rates boosted revenues.

  • More supermarkets certified by Green Building Initiative

    Portland, Oregon -- The Green Building Initiative announced a wave of Green Globes certifications for new supermarkets across the nation. The properties include New Seasons Markets in Oregon, and Whole Foods Market, Price Chopper, Aldi’s, Harris Teeter, Wegmans, and Publix stores across the country.
     

  • Supervalu profit plummets in Q1 on lost tax benefit

    Eden Prairie, Minn. – The loss of a large tax benefit caused Supervalu’s net income to plummet 49% in the first quarter of fiscal 2015 to $43 million from $85 million in the year-ago period.

    Revenue slipped to $5.23 billion from $5.24 billion.

  • Walgreens seeks new president of pharmacy

    Walgreens president of pharmacy, health and wellness Kermit Crawford is leaving the company after 31 years to take on new opportunities, including continuing to serve as a senior counselor to Walgreens president and CEO Greg Wasson.

  • New kid Foran pushes out old guard at Walmart U.S.

    By Sandy Skrovan, U.S. research director at Planet Retail

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