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Retail

  • Macy’s tapping into customer creativity for new ad

    NEW YORK — Macy’s is turning to its customers for its next commercial, the retailer’s first national crowd-sourced spot created in celebration of America by Americans. 

  • Leslie's Swimming Pool opens 8 stores this week, 48 in spring

    Phoenix -- Leslie’s Poolmart said Monday it will grand-open eight Leslie’s Swimming Pool stores on April 26-28, part of the company’s pre-stated goal to open 48 new stores in spring 2013.

    New stores will open in Bristol, Conn.; South Elgin, Ill.; Kansas City, Mo.; Medford, N.J.; Depew, N.Y.; Huber Heights and Canton, Ohio; and Doylestown, Pa.

    With the 48 new stores and its recent acquisition of 24 Warehouse Pool Supply stores in the Houston area, Leslie's will bring its total store count to more than 800 stores nationwide.

  • Office Depot shareholder redoubles efforts to change board

    New York -- Investment firm Starboard Value, Office Depot’s largest stockholder with a 14.8% stake, revealed Monday it has delivered a letter to the office supply retailer’s board of directors, expressing “strong disappointment at the board's failure to work constructively with Starboard to reconstitute the board.”

    In March, Starboard nominated six candidates, including former Home Depot chief Robert Nardelli – to Office Depot’s board in an effort to strengthen the company’s direction.

  • Former Office Depot COO charged with insider trading

    New York -- A Monday report by Forbes said that former Office Depot COO Mark Begelman has been charged with profiting off confidential information.

    The SEC leveed insider trading charges against Begelman for allegedly using confidential information for his own gain, concerning the upcoming acquisition of Bluegreen Corp. by BFC Financial Corp.

  • Office Depot shareholder wants to shake up the board

    NEW YORK — Investment firm Starboard Value, Office Depot’s largest stockholder with a 14.8% stake, revealed Monday it has delivered a letter to the office supply retailer’s board of directors, expressing “strong disappointment at the board's failure to work constructively with Starboard to reconstitute the board.”

    In March, Starboard nominated six candidates, including former Home Depot chief Robert Nardelli, to Office Depot’s board in an effort to strengthen the company’s direction.

  • J.C. Penney selling Martha Stewart-designed goods while court battle rages

    New York -- A Monday report by Reuters said that J.C. Penney has begun selling the Martha Stewart “JCP Everyday” lines of home goods, without waiting for a decision from the New York court.

    According to Reuters, Penney general merchandise manager Paul Rutenis testified in New York State Supreme Court on Monday that "as of today, those products are on the floor and online."

  • H-E-B and Pampers do Texas two-step

    SAN ANTONIO, Texas — H-E-B, Pampers and Interactions have teamed up to offer an exclusive 60-stop H-E-B Baby “Little Texans Tour,” sponsored by Pampers. 

    The tour aims to promote healthy families and the assortment of infant and baby products offered at H-E-B stores. 

  • Ahold USA donates $500,000 to Boston aid fund

    Quincy, Mass. -- Ahold USA and its Stop & Shop banner have donated half a million dollars to a charitable organization set up to aid victims of the recent terrorist attacks in Boston.

    The company announced the donation of $500,000 to The One Fund Boston, formed by Massachusetts Gov. Deval Patrick and Boston Mayor Thomas Menino.

    "Words cannot express the tragedy that took place at the Boston Marathon," Stop & Shop New England Division president Joe Kelley said. "We mourn with all of those who were affected."

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