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Retail

  • Long-time Washington insider named RILA's top lobbyist

    ARLINGTON, Va.  — The Retail Industry Leaders Association announced that Bill Hughes has joined the association as SVP government relations. Hughes, a 27-year veteran of Capitol Hill, will serve as RILA’s top federal lobbyist.

  • Bon-Ton unveils new designer menswear lines

    YORK, Pa. — The Bon-Ton Stores and menswear designer John Bartlett unveiled on April 27 the inaugural collection from the partnership announced last fall. The collections will be available in all Bon-Ton stores in August. 

  • Giant Eagle highlights fresh produce

    PITTSBURGH — Giant Eagle is celebrating its locally and regionally grown produce with a new multimedia video.

    The retailer said that it is taking several steps to educate consumers on which fruits and vegetables at their peak season throughout the year and is further relaying this message through its multimedia video, which can be viewed on Giant Eagle's website.

  • Shoppers would spend more for good customer service, survey finds

    NEW YORK — Good customer service sells, according to a new study conducted by American Express.

  • Market Track: April 2011

    On average, across the retailer set, number of inserts decreased slightly while the number of pages increased on a year-over-year basis for the month of April. When reviewing front page category share of voice, candy experienced a strong increase in April 2011 compared with the same month in the prior year. This is no surprise as Easter fell later in the month in 2011, giving retailers the opportunity to advertise this category for more weeks throughout the month than in 2010. Other categories with notable increases in 2011 versus 2010 include household cleaning, digital TVs and toys.

  • Walmart to invest $756 million in Brazil

    NEW YORK — Wal-Mart Stores said that by the end of the year it will have invested the equivalent of approximately $756 million to expand its operations in Brazil.

    Marcos Samaha, president of Wal-Mart's Brazilian subsidiary, said in a Tuesday statement that 1.2 billion reals ($755 million) will be used to build 80 stores, renovate existing locations and improve logistics.

  • Whole Foods gets new stock symbol, posts strong Q2

    AUSTIN, Texas -- Whole Foods investors got some big news today, not only did the company report that sales for its second quarter rose 12% to $2.4 billion, it announced that is changing its trading symbol to WFM from WFMI effective May 6.

  • Determining low price leader not so simple

    The most recent pricing survey from the equity research team at Credit Suisse shows that Walmart is either 3.1% cheaper than Target or 1.9% more expensive. The firm compared prices at stores in the Dallas and Chicago markets, as it does every month, and during March discovered the gap between the two competitors narrowed considerably.

    “Target’s price gap with Walmart tightened from 4.2% in February to 3.1%,” according to the firm. “Target’s basket price decreased sequentially by 0.8% compared with Walmart’s 0.3% increase.”

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