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Retail

  • Kellogg deal brings cereal and snacks to China

    Kellogg Company and leading Asian agribusiness group Wilmar International have entered into a joint venture involving the manufacture, sale and distribution of Kellogg’s and Pringles brand products in China.

    The firms are equal partners in the deal designed to accelerate Kellogg’s growth in a market the company expects to become the world’s largest food and beverage market within five years.

  • Ikea goes live with largest solar installation to date

    Round Rock, Texas -- Ikea has officially plugged in its largest U.S. rooftop solar installation to date, at its store in Round Rock, Texas. When combined with Ikea projects atop stores in Houston and Dallas-area Frisco, the new installation also makes Ikea the largest solar owner in Texas.

  • Walmart to hire 50,000 holiday associates

    Bentonville, Ark. -- Wal-Mart Stores Inc. said Friday it will add about 50,000 seasonal associates to staff its stores this year, as well as offer additional hours to existing personnel.

    “This is our busiest time of the year and we are focused even more on providing excellent service to our shoppers throughout the holiday season,” said Gisel Ruiz, executive VP and COO, Walmart U.S. “One way we do that is by ensuring our stores are adequately staffed by our associates.”

     

  • Focus on: E-commerce

    The e-commerce experience has expanded beyond desktop environments and moved in-store via Web-based kiosks and consumers’ personal mobile devices. One of the biggest hurdles for retailers is delivering a consistent, rich, user experience across all digital channels. Eager to overcome this challenge, Best Buy Canada sought a solution to streamline digital information delivery.

  • A+ School Rewards program returns to Giant Food

    LANDOVER, Md. — Giant Food is bringing back its A+ School Rewards program.

  • Costco and Macy’s take home World Retail Awards

    New York -- Two U.S. retailers took home top honors at the 2012 World Retail Awards in London, with Costco Wholesale Club named “Retailer of the Year,” and Macy’s recognized as “Multichannel Retailer of the Year.” The awards were announced as part of the 2012 World Retail Congress.

  • Mall of San Juan breaks ground; to house Caribbean’s first Saks and Nordstrom

    San Juan -- Taubman Centers and New Century Development announced Friday the groundbreaking on the 650,000-sq.-ft. Mall of San Juan, the island's first luxury retail development. The $405 million, two-level mall will feature the first Saks Fifth Avenue and Nordstrom in the Caribbean.  

    Of the approximately 100 stores and restaurants, it is expected that 60% will be new to the island.

  • Building Momentum

    Blending multiple components in a single development isn’t a new idea. In fact, the Urban Land Institute first turned the phrase “mixed use” some 30 years ago, defining it as three or more significant revenue-producing uses in a single project.

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