Skip to main content

Retail

  • OfficeMax names new chief digital officer

    NAPERVILLE, Ill. — OfficeMax announced that it has appointed Jim Barr as EVP and chief digital officer, effective Nov. 14. Barr will report to Ravi Saligram, president and CEO of OfficeMax, and will be responsible for all aspects of the company's e-commerce business and for driving its multi-channel digital strategy.  

    Barr has been working with the OfficeMax e-commerce business in an advisory capacity since July 2011 to assess the opportunities for the business and develop a strategy to maximize its potential.  

  • Toys"R"Us names leadership team for Asian businesses

    Wayne, N.J. — Toys"R"Us has named the leadership team for its retail business operations in Southeast Asia and Greater China, following the recent announcement of its new joint venture agreement with Li & Fung Retailing. With this agreement, the existing Toys “R” Us business operations in the region, which had previously been licensed, are now majority owned and controlled by Toys “R” Us.

  • Costco results offer insight into other warehouse-club retailers

    ISSAQUAH, Wash. — With BJ's no longer reporting monthly sales, Costco is the only warehouse-club retailer left to give some insight regarding how Sam's Club performs on monthly basis. With Costco delivering positive comps for the month, it is safe to assume that Sam's and BJ's have garnered their fair share of the market.

  • Kohl’s tops Street, JCPenney misses

    NEW YORK — Kohl's Corp. reported a 3.9% rise in same-store sales in October, better than analysts’ expectations, amid strong demand for its new Jennifer Lopez and Mark Anthony brands.

    In a statement, CEO Kevin Mansell said that customers responded favorably to the pair of new brands, as well as the company's marketing programs.

    “As we enter the important fourth quarter, we plan to continue our investment in marketing, especially digital and broadcast, to drive customer traffic and broaden our reach,” he said.

  • Walmart answers the 'Call of Duty' with early game preview

    BENTONVILLE, Ark. — Customers who can't wait to get their hands on the latest "Call of Duty" video game are in for some good news courtesy of Walmart. The retailer announced that on Nov. 7 in more than 2,700 stores customers can play "Call of Duty Modern Warfare 3." The event begins at 8 p.m. (local time) and will include tournaments and the chance to win double experience points with every purchase of specially-marked 20-packs of Mountain Dew, exclusively at Walmart.

  • Hhgregg continues to make headway in CE space

    INDIANAPOLIS — Electronic retailer Hhgregg reported net income of $6 million for the second quarter ended Sept. 30, or 16 cents per diluted share, compared with net income of $3.9 million, or 10 cents per diluted share, for the comparable prior-year period. According to the company, the increase in net income for the second quarter was the result of an increase in net sales due to the net addition of 35 stores during the past 12 months and a comparable-store sales increase of 1.5%.

  • Walmart head merchant shares view

    BENTONVILLE, Ark. — Walmart chief merchandising officer Duncan Mac Naughton expressed optimism about the retailer’s prospects for the holiday season and beyond late Tuesday during comments at a Bentonville Bella Vista Chamber of Commerce function, which attracted more than 500 people.

  • Sam's Club enhances holiday shopping experience

    BENTONVILLE, Ark. — Sam's Club announced that it is making it easier for consumers to shop this holiday season with the launch of its holiday shopping site, SamsClub.com/gifts and an enhanced mobile app that together streamline on-the-go and at-home shopping.

X
This ad will auto-close in 10 seconds