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Sales & Marketing

  • Report: Sam’s Club looking to expand partnership with Apple

    New York City -- Apple Inc. and Sam’s Club are in early discussions to expand their partnership, possibly by adding in-store Apple shops in select Sam’s locations, according to a report on 9to5Mac, a website for Apple enthusiasts. Sam's Club stores already sell iPhone, iPad, and iPod products.

    The report, which cited unnamed sources, said that a range of plans are being discussed, including having Sam’s simply sell a broader range of Apple products without in-store features.

  • Ikea plugs-in four electric vehicle charging stations at Palo Alto store

    East Palo Alto, Calif. -- Ikea said Thursday it has plugged in four Blink Level 2 electric vehicle charging stations at its East Palo Alto, Calif., store. The initiative is in partnership with ECOtality and represents the eighth EV project for IKEA in the United States.

    To charge an EV at Ikea East Palo Alto, drivers pull into a designated parking spot, swipe their Blink InCard (RFID card), and plug the charger into the EV to charge the vehicle.

  • January promotional activity reflects EDLP emphasis

    Consistent with Walmart’s drive toward every day low prices, January saw the company run fewer, but larger advertising inserts, according to the latest information from marketing intelligence firm Market Track. To see how Walmart’s advertising activity stacked up to other top retailers, click here.

  • Whole Foods profit rises 33%; 69 new stores in development

    Austin, Texas -- Whole Foods Market Inc. reported Wednesday that profit for the first quarter rose a better-than-expected 33% to $118.3 million amid increased customer visits and higher prices on select items. On a follow-up conference call with analysts, the chain revealed it has 69 new stores in development, or 2.4 million square feet, in development.

  • 2012 not looking good for consumer spending

    NEW YORK — The Deloitte Consumer Spending Index, released Thursday, continued downward in January and consumer spending will face additional economic headwinds in 2012, according to Deloitte. The Index tracks consumer cash flow as an indicator of future consumer spending.

  • IBM forecast: Q1 sales poised to rise

    Armonk, N.Y. -- An analysis released Thursday by IBM projected that retail sales are positioned for increases across a broad spectrum of categories.

    According to the study, the surge will be led by a projected 8.2% rise in men’s apparel sales.

    “The forecast of men’s apparel sales reflects a growing trend: men are definitely developing a taste for fashion – especially in business attire,” said Jill Puleri, global retail leader for IBM Global Business Services.

  • Ellen DeGeneres addresses J.C. Penney controversy

    New York City -- The popular television talk show host and comedian Ellen DeGeneres said she was “proud and happy” that J.C. Penney remained committed to her after One Million Moms asked the retailer to dump her as a spokesperson because she is gay.

    The group, a division of the conservative American Family Association, warned they would boycott J.C. Penney stores if the chain did not go along with their request.

    DeGeneres addressed the issue on Tuesday at the taping of her television show. The show will air on Wednesday.

  • CVS Caremark Q4 profit up nearly 4%

    Woonsocket, R.I. -- CVS Caremark Corp.'s fourth-quarter earnings rose nearly 4% to $1.06 billion, amid increased pharmacy services revenue because of a long-term contract and new business. The company raised its 2012 earnings forecast by 3 cents per share to account for gains it expects because of a contract dispute between Walgreens and Express Scripts Inc.

    Net revenues for the quarter increased 15.2% to a record $28.3 billion. Drugstore revenue increased 4%. Same-store sales were up 2.5%.

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