-
Kantar Retail: Target narrows Walmart’s basket advantage
Boston -- Although Target has narrowed Walmart’s basket advantage, the world’s largest retailer continues to demonstrate its price advantage, according to Kantar Retail’s semi-annual pricing study.
With an overall branded basket 2.4% less expensive than Target’s, Walmart’s overall price gap has still remained within a few percentage points of Target’s, although its lead has narrowed since the last iteration of the study. Importantly, Target’s edible basket was within cents of Walmart’s.
-
Art Van Furniture Debuts in Chicagoland
Warren, Mich. — Michigan-based Art Van Furniture opened its first out-of-state retail store in Orland Park, Ill., last week with a Motown-themed grand opening celebration.
The new 47,000-sq.-ft. location heralds the opening of five more Art Van stores in the Chicago region in coming months. Locations include Ford City-Chicago, Batavia, Elston Avenue-Chicago and Merrillville-Hobart, Indiana. The new stores will add 600 new jobs to the region.