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Sales & Marketing

  • Wal-Mart annual meeting to discuss business at U.S. stores

    Bentonville, Ark. -- Wal-Mart Stores will hold its annual meeting in Rogers, Ark., near its Bentonville, Ark., headquarters on Wednesday, and said the meeting focus will be on reversing the decline in its U.S. Walmart stores’ business.

    The retailer is also expected to share information about its upcoming holiday strategies and discuss capital spending plans.

  • Gap Inc. finds new opportunities in South America

    SAN FRANCISCO — Gap Inc. is continuing its expansion into Latin America with the opening of its first stores in South America in Chile this month. The company also announced plans to open Gap and Banana Republic stores in Panama and Colombia in 2012.

  • Maturing Consumers: What Retailers and Manufacturers Need to Know About Their Older Customers

    By Martin Walker and Martin Walker, A.T. Kearney’s Global Business Policy Council

    The fastest-growing age group worldwide in this century will be people over the age of 60. What must retailers and manufacturers know to adapt to this older consumer group? In the first-ever international survey of consumers over the age of 60, A.T. Kearney interviewed 3,000 people in 23 countries to find out what mature consumers want. The short answer: prices and labels they can read, packaging they can open, and more places to sit down in stores.

  • TRU wish list program to help support Make-A-Wish Foundation

    WAYNE, N.J. — Toys"R"Us announced that through Nov. 5, for every wish list created in-store or online it will donate $1 in Toys"R"Us gift card, up to $50,000 to the Make-A-Wish Foundation. In addition, the Toys"R"Us Children's Fund, a public charity affiliated with Toys"R"Us Inc., has provided the Make-A-Wish Foundation with a $275,000 grant.

  • Report: Execs spending less on security, but remain confident

    New York City -- Research released Wednesday by PwC found that retail and consumer executives are spending less on security due to insufficient capital, but that they maintain confidence in their information security, despite an increase in security incidents.

  • Uniqlo’s Fifth Avenue Flagship Deserves Attention

    Japanese retailer Uniqlo will officially open the doors to its Fifth Avenue global flagship on Friday, Oct. 14. But after a sneak peak of the store, all I can say is “Wow!” At 89,000 sq. ft., Uniqlo is massive — with 100 fitting rooms, 45 checkouts, 100 LCD screens, four glass elevators, and three floors of merchandise. It feels more like a high-tech department store than a specialty store.

  • Gap to open first Chile stores

    San Francisco -- Gap said Wednesday it will advance its expansion in Latin America with new store openings in Chile in October, and will introduce Gap and Banana Republic stores to Panama and Colombia in 2012.

    “We believe substantial opportunity exists in Latin America and our first stores in Chile, Panama and Colombia will allow us to establish a foundation for further growth in this region,” said Stephen Sunnucks, president, International, Gap.

  • Retail Orphan Initiative co-founder Greg Buzek honored with national award

    Nashville, Tenn. -- The Congressional Coalition on Adoption Institute (CCAI) honored IHL president and Retail Orphan Initiative (RetailROI) co-founder Greg Buzek with the first annual Paul Singer Award at the 13th Annual Angels in Adoption Congressional gala. RetailROI is a charitable foundation that was established to help the 400 million orphaned and vulnerable children worldwide.

    The award was presented in a ceremony on Oct. 5, in Washington, D.C.

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