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Retail

  • New leadership announced at the Network of Executive Women

    CHICAGO -- The Network of Executive Women,  the consumer products and retail industry’s largest diversity organization, has announced leadership changes. Joan Toth has been named president and CEO of the Network of Executive Wome. She has held the title of executive director since shortly after the Network was founded in 2001.

    The Network’s top elected official--Michelle Gloeckler, SVP merchandising execution at Walmart Stores--has been named Network chair. She had previously served has president

  • Family Dollar sales rise 8.3%

    Matthews, N.C. -- Family Dollar today showed why dollar stores are such a hot commodity right now by reporting a comparable-store sales increase of 5.1% for the second quarter ended Feb. 26. Net sales for the quarter increased 8.3% to $2.26 billion, from $2.09 billion last year. According to the company warmer weathr earlier in the year as well as strong performance in its consumable and seasonal categories helped drive sales.

  • Whirlpool earns Energy Star accolades

    BENTON HARBOR, Mich. -- Whirlpool announced that it was awarded  the 2011 Energy Star Sustained Excellence award by the U.S. Environmental Protection Agency (EPA). The award recognizes the company's leadership in offering consumers energy and water efficiency through its leading home appliance brands, Whirlpool reported. According to the company, Whirlpool was the only appliance manufacturer to receive the Sustained Excellence award, the highest possible Energy Star award. This is the company's 12th top Energy Star award and sixth consecutive Sustained Excellence win.

  • Deloitte spending index rises in February

    New York City -- The Deloitte Consumer Spending Index, released Monday, rose in February, driven primarily by the slight improvements in real home prices and initial jobless claims, according to the company.

    The Index attempts to track consumer cash flow as an indicator of future consumer spending.

  • Seventh Generation revolutionizes laundry category

    NEW YORK — Seventh Generation has developed an ultra-concentrated liquid laundry detergent that is available in a 100% compostable bottle.

    The company said the entire packaging system (fiber bottle, pouch, spout, cap) for its Natural 4x laundry detergent uses 66% less plastic than a typical 100-oz. 2x laundry bottle. Seventh Generation's Natural 4x laundry detergent, a nontoxic, biodegradable formula, is available in a 50-oz. (66 loads) size and two scents: Free and Clear, and Geranium Blossoms and Vanilla.

  • Maybe she’ll write a song about it

    From win-win to lose-lose. Do enough deals with different celebrities and sooner or later one of them is bound to blow up. That’s what happened to Target last week when entertainer/singer/gay rights advocate Lady Gaga had a change of heart regarding a prior commitment with Target.

  • Rite Aid implements medication disposal program

    Camp Hill, Pa. — Rite Aid is working with Sharps Compliance to help customers dispose of unused medications, the retailer said Monday.

    Customers can buy a Sharps Compliance medication-disposal envelope at a Rite Aid store for $3.99, place unused prescription or over-the-counter drugs inside and then send it via the U.S. Postal Service to the incinerator.

  • Target’s evolving merchandise mix revealed

    Considering how the addition of food at Target and the company’s PFresh remodeling initiative has dominated headlines for the past year, it is somewhat of an eye opener to see the company is really just beginning to scratch the surface in food.

    At the end of last year, the food and pet supplies category accounted for 17% of total company sales of $67.4 billion compared with two years earlier when those categories accounted for 15% of sales of roughly $65 billion. That’s according to a category sales breakdown contained in the company’s annual report.

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