News

Dick's Sporting Goods celebrates its in-store Olympians
Dick's Sporting Goods is launching an emotional omnichannel campaign as part of its sponsorship of Team USA.

The TV and digital effort tells the story of everyday sacrifices made by Olympic/Paralympic-hopeful athletes, and it prominently features five Team USA Contenders who are currently employed in Dick's stores nationwide.
Costco doing something it hasn’t done in nine years
Costco Wholesale Corp. is raising entry-level wages for its hourly workers for the first time since 2007.

The move comes as other major retailers have been upping the minimum wages for their entry-level workers amid a tightening job market.

Starting this month, Costco will pay workers $1.50 more per hour in the U.S. and Canada. Workers will now earn at least $13 or $13.50 per hour, up from a minimum of $11.50 or $12 per hour.

Does America really need this store?

A new retail concept called The Mint Shack is the latest example of how the narrowest of consumer interests can be served with a digital presence — one that can also expand to a physical presence.

A first-of-its-kind website focused on all things mint. The Mint Shack has a simple philosophy, according to owner Scott Crillo, find the best mint products — from taste to color — and offer them under one roof at a fair price.
CST Brands puts itself up for sale

Convenience store chain CST Brands has addedtwo new independent directors to its board and announced it plans to pursue “strategic alternatives” that could include selling the company.

The company says the strategic review process will be comprehensive and will include a fresh look at several of CST's previously announced strategic initiatives and plans.
Hibbett Sports taps David’s Bridal exec to oversee omnichannel

William (Bill) Quinn has joined Hibbett Sports Inc. as VP of digital commerce.

Prior to joining Hibbett, Quinn served as VP, digital, for David’s Bridal, where his efforts included growing online sales, launching omnichannel initiatives, and building mobile capabilities.

Quinn will be responsible for leading the implementation of Hibbett’s omnichannel initiatives and developing the online customer experience. He will report directly to president and CEO Jeff Rosenthal.
Staples offers FTC justification for Office Depot acquisition

Another set of weak quarterly results from Staples and another round of store closures could give the Federal Trade Commission more evidence to support Staples long-running effort to acquire Office Depot.
Saks offers online shoppers the human touch

Saks Fifth Avenue is offering personalized service from store associates to customers beyond the confines of the store.

Partnering with personalized e-commerce technology provider Salesfoor, Saks is letting online customers create customizable Saks.com boutique pages. The pages contain personally curated assortments of Saks merchandise, accessible through a dedicated URL.
Amazon wants to be big retailer on campus

Amazon.com is continuing to expand its network of physical pickup points at colleges and universities across the U.S.

Amazon has recently announced agreements to open staffed pickup locations at the The University of Texas at Austin and the University of Akron.

Opening this summer, this 2,509-sq.-ft. space at the University of Texas will be located in Gregory Gymnasium. Additionally, Amazon Student and Prime members will receive free one-day pickup for orders placed by 10 p.m. on more than two million items.
Winter Storm Jonas hurts revenue at Big Lots

Big Lots says harsh winter weather hurt traffic counts and revenue, but the closeout retailer still posted increases in same-store sales for the fourth quarter.

Big Lots reported income from continuing operations of $94.7 million, or $1.91 per diluted share, for the fourth quarter ended Jan. 30. Revenue dropped to $1.58 billion from $1.59 billion for the same quarter last year. Same-store sales increased 0.7%.It was the eighth consecutive quarter in which Big Lots has posted positive same-store sales.
Retail circular advertising trends, February 2016

Market Track compared retail circular advertising in February 2016 vs. February 2015 and noted trends occurring across top retail chains.

Kohl’s added four comparable circulars in February 2016, promoting mainly short duration sales like “50% Two-Day Sale,” “Doorbusters,” and “Make a Point to Shop.” They attempted to leverage their rewards program with 3X the points during the “Make a Point to Shop” sales.
PetSmart helps Major League Baseball go to the dogs

Phoenix-based PetSmart and the Arizona Diamondbacks are teaming up to create the first-ever season-long dog-friendly ballpark in America.

The retailer worked with the team on new PetSmart Patio, PetSmart Park and the Dog Days of Summer program, where dog-loving fans can bring their dogs to all 13 Sunday Diamondbacks home games in the 2016 season (the first game will be on April 10 vs. the Chicago Cubs).
Kohl’s serves its communities through philanthropy

Kohl’s announced it donated more than $51 million in 2015 through various charitable efforts and programs.

The donations include nearly $16 million in corporate grants through Kohl’s premier associate volunteer program and approximately $19 million donated through Kohl’s Cares® cause merchandise, in addition to other philanthropic giving.