Retail

A whole lot of uncertainty now hangs over Target’s April same-store sales expectations, as Walmart this week began a major advertising offensive to regain customers and restore sales at its U.S. division.

WASHINGTON -- Import cargo volume at the nation’s major retail container ports is expected to be up 9% in April over the same month last year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

NEW YORK -- Concern about rising energy prices and higher medical costs has many Americans expecting to spend less in the months ahead, a recent Deloitte study revealed. Despite showing no signs of spending less in recent months, the Deloitte survey found that nearly three-quarters (74%) of Americans believe higher prices could slow their spending in the months ahead.  Deloitte's study also revealed that mobile and social connections are helping shoppers make savvier buying decisions in the wake of the recession.

WASHINGTON — While the calendar shift of Easter may have taken a toll on retailers' march performance, April sales should see a boost, as the National Retail Federation noted that consumers intend to spend more this year than in 2010.

DEERFIELD, Ill. — Walgreens on Friday helped launch the nation’s first privately funded and comprehensive electric vehicle charging network with an initial station at the Walgreens drug store at Belt Line Road and Montfort Drive in Dallas.

The drug store retailer is working with NRG Energy to install high-powered rapid charging eVgo Freedom Stations at 18 locations across the Dallas/Fort Worth Metroplex.

After being left for dead four years ago, Pier 1 Imports has recuperated fully to the point where it recently embarked on a new three-year plan to restore growth to the company.

Key elements of the plan call for the acceleration of e-commerce, improvements to existing stores, new store expansion and investments in infrastructure to support the enterprise and improve efficiency.

 WEST DES MOINES, Iowa  -- Hy-Vee announced that it has enlisted the help of celebrity chef Curtis Stone to develop a series of recipes designed to bring families together for meals.

Under the exclusive agreement with Hy-Vee, Stone, who stars as an investor/mentor on NBC's "America's Next Great Restaurant." will be featured in the company's TV commercials, print ads and in-store promotional materials over the next two years, said Randy Edeker, president and COO of Hy-Vee.

Walmart has long shunned outright sponsorship of a NASCAR team, while such other retailers as Target, Office Depot, Bass Pro Shops, Home Depot and Lowe’s have embraced the sport with much success. With most NASCAR fans already shopping its stores, Walmart has adopted for a more surgical approach, which is evident again this year as the company executes promotional events at stores in markets where races are being held.