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Retail

  • The byproduct of growth

    The commute into downtown Minneapolis should get a little easier in the coming years, as Target is set to relocate nearly 4,000 technology-related workers from its headquarters to a new office in the Northern suburb of Brooklyn Park.

    According to the Minneapolis St. Paul Business Journal, the transition of about 2,400 technology team members and 1,500 contract workers will begin next year. To read more, click here

  • Retail sales edge up 0.2% in November, below forecasts

    New York City -- Retail sales rose 0.2% in November, following a 0.6% advance in October that was more than initially reported, according to figures released Tuesday by the Commerce Department in Washington. The November increase was the slightest gain in five months. Economists projected a 0.6% November increase, according to the median forecast in a Bloomberg News survey. Purchases excluding automobiles also rose 0.2%.

  • Wal-Mart spent $1.49 million on lobbying in Q3

    New York City -- Wal-Mart Stores spent $1.49 million on lobbying in the third quarter on a wide range of issues including food safety, nutritional labeling and corporate tax reform, according to a recent disclosure report.

    The total is the same as the $1.49 million the discounter spent in second quarter 2011.
     

  • Call for Entries: Retail Store of the Year Design Competition

    New York City -- Chain Store Age invites design firms, architects, retailers and suppliers to submit entries for its 30th annual Retail Store of the Year Design Competition. Eligible projects are those completed between November 2010 and December 2, 2011. Deadline for submission is December 20, 2011. Extensions are available.

    Twenty-one competition categories are featured, ranging from supermarkets and discount/mass merchants to specialty stores and pop-up stores.

  • Rite Aid introduces new online coupon management tool, wellness rewards for Wellness+ members

    CAMP HILL, Pa. — Calling it a first for the drug store industry, Rite Aid will roll out an online coupon management tool for members of its Wellness+ loyalty card program, the retail pharmacy chain said Tuesday.

  • Retail container traffic to be up slightly in December

    Washington, D.C. -- Import cargo volume at the nation’s major retail container ports should be up 0.3% in December compared with the same month last year as retailers head to the finish line of the holiday shopping season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

  • Sears extending store hours for holiday shopping

    HOFFMAN ESTATES, Ill. — Sears announced it will offer extended shopping hours at its stores in 260 markets to give customers extra time to shop for those last-minute gifts. The company announced that select stores will stay open until midnight everyday from Wednesday, Dec. 14 through Friday, Dec. 23. 

  • Oracle study: Consumers expect consistent experience across channels

    Redwood Shores, Calif. -- Cross-channel shopping is the new norm: Fifty-four percent of consumers regularly employ two or more channels before they make a purchase, according to a new study by Oracle.
     
    The report, “Cross-Channel Commerce: The Consumer View,” reveals that consumers expect a consistent experience across all channels. Nearly 20% expect to redeem the same coupons and promotions in stores and online.

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