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  • Walmart playing possum with refined acquisition strategy

    Let’s say you are a major global retailer, perhaps the largest in the world, and interested in expanding into markets beyond the 28 where you currently have a presence. Is the better strategy to publicly identify new markets of interest and a timetable for entry, thereby elevating asset prices, or to shun deal-making to pursue ample organic growth opportunities in existing markets all the while reserving the right to strike opportunistically when market conditions are most favorable?

  • Happy days are here again, or may be soon

    Although Walmart won’t provide official fourth-quarter sales guidance until Nov. 15 when it releases third-quarter sales, company executives sounded very bullish about Walmart’s prospects for holiday success and longer-term growth during an all-day meeting with financial analysts on Wednesday.

  • Report: Amazon tests delivery lockers in stores in Seattle and New York

    New York City -- Amazon is testing robotic delivery lockers that people can use to receive items they order from the website, according to published reports.

    Wired magazine reported online that the company was conducting the tests in Seattle and New York at Rite Aid and 7-Eleven stores, as well as other locations. The new service would allow people to select a locker location for delivery and then go to retrieve their items automatically using a six-digit code.

  • OfficeMax to relocate in College Station

    College Station, Texas -- Houston-based Baker Katz, an X Team International partner, said that it has completed a lease for the relocation of OfficeMax in College Station, Texas.

  • Giant Eagle inks deal with FoodLink on fresh food supply

    LOS GATOS, Calif. — FoodLink, an online network for fresh food retailers, wholesalers and suppliers, on Tuesday announced its status as a certified partner to Giant Eagle. With 228 supermarket locations, Giant Eagle is one of the largest produce buyers in the country, FoodLink stated.

  • Kohl's to increase holiday hiring by 5%

    Menomonee Falls, Wis. — Kohl’s Corp. said Tuesday it will hire 40,000 seasonal workers for the 2011 holiday shopping period, about 5% more than in 2010.

    The plan equates to about 35 additional associates per store at its 1,127 stores, each working about 20 hours per week.

    In addition, Kohl's said it plans to hire 2,500 seasonal workers at DCs and 500 seasonal and full-time credit operations workers.

  • Kohl's to increase holiday hiring by 5%

    Menomonee Falls, Wis. — Kohl’s Corp. said Tuesday it will hire 40,000 seasonal workers for the 2011 holiday shopping period, about 5% more than in 2010.

    The plan equates to about 35 additional associates per store at its 1,127 stores, each working about 20 hours per week.

    In addition, Kohl's said it plans to hire 2,500 seasonal workers at DCs and 500 seasonal and full-time credit operations workers.

  • Starbucks starts fund to stimulate job creation

    Seattle -- Starbucks Coffee Company is teaming up with the Opportunity Finance Network (OFN)  to launch a “Create Jobs for USA” fund. 

    Starting Nov.1, the new initiative will pool donations from Starbucks customers, partners (employees) and citizens into a nationwide fund for community business lending. One-hundred percent of the donations will go toward loans for firms and organizations that can add jobs or stem job losses, Starbucks said. 

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