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  • ECRM: Retail circular advertising trends, June 2013

    ECRM compared retail circular advertising in June 2012 vs. June 2013 and noticed some common overall trends across top retail chains. Although Staples and Walmart each saw large year-over-year increases in circular page count, page count was fairly stable overall, with none of these key retailers seeing a decrease of more than 13%.

  • Patriotic e-commerce site launches July 4

    Orlando, Fla. – A new e-commerce site dedicated to products manufactured in America, MadeInTheUSA.com, launches July 4. The site will feature nearly 1 million products made in the U.S. across all major categories.

  • Financial services firm with ties to Walmart lends to shoppers

    Progress Financial may not be directly affiliated with Walmart, but a Bloomberg story this week reveals the companies are connected in some interesting ways.

  • Kmart wants to know if you’re ready for your close-up

    HOFFMAN ESTATES, Ill. — Kmart is celebrating its inclusion in the summer comedy, “Grown Ups 2” by offering one Shop Your Way member a chance to be an extra in a future Sony Pictures Entertainment film.

    Shop Your Way Members can enter the "Stars of Summer Sweepstakes" now through Sunday, July 21, for a chance to see themselves on the silver screen.

  • Walgreens sees lift in June comp sales

    DEERFIELD, Ill. — Walgreens reported June sales of $5.8 billion, an increase of 2.5% from the same month in fiscal 2012.

    June pharmacy sales increased by 2.9%, while comparable store pharmacy sales increased 3.3% and increased by a calendar day-shift adjusted 560 basis points. This year's June had one additional Sunday and one fewer Friday compared with June 2012, Walgreens reported. Calendar day-shift adjusted comparable store pharmacy sales were negatively impacted by 280 basis points due to generic drug introductions in the last 12 months. 

  • Former Walmart CFO helps clean up competitor’s mess

    Longtime financial executive and former Walmart U.S. CFO Michael Fung is helping discounter 99 Cents Only modernize inventory systems that have resulted in a series of accounting issues.

    Fung, 62, retired from Walmart in early 2012, but was called back into service this past January by the private equity owners of 99 Cents Only. Fung was named interim chief administrative officer at the company to oversee finance, information technology and real estate. In addition, 99 Cents Only board member and former Food Lion president and CEO Richard Anicetti was named interim CEO.

  • The efficient way to win the week

    Every week, retailers unleash significant advertising and promotion efforts in the perpetual competition to engage shoppers, drive trips and grow sales. Annual retail sales and market share are the result of the competition that played out in the preceding 52 individual weeks, and many companies highly value “winning the week.” But some weeks can be much more competitive than others, creating challenges for retailers also facing strong pressures to be efficient and limit costs.

  • La-Z-Boy nominates Dominos exec to board

    MONROE, Mich. — La-Z-Boy has nominated Michael T. Lawton to serve a one-year term on the company's board of directors. La-Z-Boy shareholders will get to vote at the annual meeting, Aug. 21.

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