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Retail

  • Target names more Canada store locations

    Minneapolis — Just a few weeks after unveiling the locations of its first 24 stores in Canada, Target released an expanded list of stores that will debut in 2013.

    The stores listed included two in Alberta, two in British Columbia, 29 in Ontario and one in Saskatchewan. Additional details can be viewed here.

  • Mac Naughton gains added responsibility for marketing at Walmart

    Walmart chief merchandising officer Duncan Mac Naughton was given additional responsibility for marketing on Friday, according to an internal company announcement that was obtained by Reuters. Citing the announcement, the news agency said chief marketing officer Stephen Quinn would report to Mac Naughton rather than U.S. stores division president and CEO Bill Simon as was the case previously. To read more click here.

  • 7-Eleven acquires 55 Sam’s Mart stores in Carolinas

    Dallas -- 7-Eleven has entered into an agreement with Sam's Mart LLC to acquire 55 Sam's Mart stores in North and South Carolina and convert them to 7-Eleven stores this year. Local contractors will be hired for the remodeling program to begin later this year.

    The transaction is anticipated to close in February, subject to standard closing conditions and regulatory approvals.  Terms of the deal were not disclosed.

  • Rona announces two executive hires

    Rona, the largest chain of home improvement retailers and distributors in Canada, has appointed Dave Carr to the position of VP retail, Western Canada, and François Hardy to the position of VP dealer-owner network development.

    After beginning as an employee of a TOTEM store lumberyard in 1992, Carr quickly climbed the ranks to become assistant manager, then store manager. After managing several stores in Alberta, Carr became a regional manager, then general manager, and finally VP of TOTEM in 2008, three years after Rona's acquisition of the company.

  • Meijer names COO

    Grand Rapids, Mich. -- Meijer said Friday it has appointed J.K. Symancyk to the newly created role of COO. The grocery and superstore retailer has also hired Peter Whitsett as executive VP of merchandising and marketing.

    Symancyk will report directly to Mark Murray, president of Meijer, and will have three direct reports: Janet Emerson, executive VP of retail operations; Rick Keyes, executive VP of supply chain and manufacturing; and Peter Whitsett, who is operating in the role previously held by Symancyk.

  • Expense control is part of Walmart culture too

    Walmart makes a big deal out of its culture, and as a result it invites criticism whenever changes are made to long-standing company policies that are somehow seen as diminishing the culture. That was the case again this week when reports surfaced that people greeters working the overnight shift had been reassigned other duties.

  • Apple outshines Walmart in stunning fashion

    Walmart will report fourth-quarter and full-year results in a few weeks, and the numbers, while they are sure to be extraordinarily large, will pale in comparison to the superlative-defying figures that Apple posted earlier this week.

  • Are you a mover and shaker?

    If you are a shopping center owner or manager, I’m talking to you! It’s that time of year again – when Chain Store Age begins collecting data to publish our annual report on America’s top developers and fastest-growing acquirers and third-party managers.

    Results of the survey, which is now in its 23rd year, are published in the April/May edition of Chain Store Age, with bonus distribution to the International Council of Shopping Centers’ RECon show in Las Vegas in late May.

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