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Sales & Marketing

  • The store is back (even though it never left)

    The store is back, baby! That was the message I heard again and again at the National Retail Federation’s 2015 Annual Convention in New York City. It was sounded by retailers, consultants and tech suppliers alike as they rushed to explain the relevance of offline retail in an omnichannel world.

    But the truth is the store never went away in the first place. Sure, some retailers are retrenching and reducing (or, in today’s PC lingo, “rightsizing”) their portfolios. It’s especially evident in the apparel sector, with some teen brands particularly hard hit.

  • Same store sales keep sliding at Roundy's

    Regional grocery chain Roundy’s Inc. is heading out of a “transition year,” according to CEO Robert Mariano, with lackluster same store sales growth.

    Roundy’s reported a same-store sales decline of 2.3% for the fourth quarter. In 2014 overall, same-store sales dipped 2.9%. For the year, net sales reached $3.86 billion, up from $3.35 billion in 2013. 

  • Cartridge World builds responsive e-commerce site

    McHenry, Ill. – Specialty toner retailer/franchisor Cartridge World has created a unified shopping experience across multiple devices, establishing an automated fulfillment workflow, as well as integrating e-commerce into the franchise business model. Working with Web development company Devbridge Group, Cartridge World launched a responsive design-based e-commerce site that offers the same intuitive shopping process across all platforms.

  • Sam’s invests in future customers

    Small business customers are the lifeblood of Sam’s Club and to ensure the continued vitality of the crucial shopper segment the retailer is supporting an entrepreneurial youth organization.

    Sam’s donated $250,000 to the U.S. Chamber of Commerce Foundation (USCCF) and the Young Entrepreneurs Academy (YEA!) to grow and support YEA!’s national educational program that works to transform middle and high school students into confident entrepreneurs.

  • Roundy’s net income doubles in Q4; will open five stores

    Milwaukee – Roundy’s Inc. reported net income of $7.5 million in the fourth quarter of fiscal 2014, more than double $3.5 million in the same quarter the prior fiscal year. A shift from net after-tax loss to net after-tax income from 27 Rainbow stores that were closed or sold drove net income growth.

    Roundy’s plans to open five new stores in fiscal 2015, including one in the first quarter.

  • Membership, profits grow again at Costco

    The holidays were happy for Costco with solid gains in sales and favorable membership trends fueling profits even as low gas prices and a strong dollar had a profound effect on same store sales.

    Sales increased 4% to $26.9 billion and membership sales grew 5.8% to $582 million, resulting total revenues that grew 15.8% to $27.5 billion during the company’s second quarter period ending Feb. 15. Total company same store sales advanced 8% excluding the impact of fuel prices and a stronger U.S. dollar.

  • Tax benefit boosts Q2 profit at Costco

    Issaquah, Wash. – A tax benefit in connection with a special cash dividend helped boost net income at Costco Wholesale Corp. a better-than-expected 29% to $598 million from $463 million in the company’s second quarter of fiscal 2013.

    Sales increased 4% to $26.9 billion and membership sales grew 5.8% to $582 million, with total revenues increasing 15.8% to $27.5 billion during the quarter ending Feb. 15.

  • Fewer retailers among Fortune’s ‘Best Companies’ list

    The retail industry continued to backslide on Fortune’s list of the 100 Best Companies to Work For, but the slight may not be as bad as it seems.

    The 2015 version of the list included 10 retailers compared to 12 retailers on the 2014 version and 14 retailers on the 2013 version. Notable inclusions on the 2015 list were Wegman’s (7), Container Store (27), QuikTrip (54),Whole Foods Market (55), Recreational Equipment (58), Build-A-Bear (59), CarMax (64), Publix (81), Zappos (86) and Nordstrom (93).

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