News

"I know half the money I spend on advertising is wasted, but I can never find out which half."

 – John Wanamaker, Department Store Tycoon and Marketing Pioneer of the early 20th Century

“There is an online privacy war going on, and without help, consumers will lose.”

– Chris Calabrese, Legislative Counsel, American Civil Liberties Union

LOS ANGELES — Among those that have shopping-related applications on their smartphone, most of them will use this method to help save money when purchasing gifts this holiday season, according to a new PriceGrabber survey.

FRAMINGHAM, Mass. — Staples has named Cynthia Pevehouse SVP general counsel, effective Jan. 3, 2012. Pevehouse will have global management responsibility for the company’s legal team and report to Ron Sargent, Staples’ chairman and chief executive officer.

“Cynthia brings a wealth of knowledge and skills to Staples,” said Sargent. “With her extensive legal management experience and proven leadership, Cynthia will play an important part in supporting the company’s growth.”

GRAND RAPIDS, Mich. — Meijer is taking up the latest retail trend to offer home delivery of fresh-cut Christmas trees.

The company began shipping fresh-cut Fraser fir Christmas trees on Thanksgiving Day, and sales have exceeded expectations within the first few days, announced Liwanag Ojala, VP e-commerce for the Grand Rapids, Mich. -based retailer.

Cherry Hill, N.J. -- Middle market CFOs, buoyed by increasing optimism fueled by sales growth, are prepared to increase capital expenditures by dipping into their stockpile of cash reserves, according to a survey by TD Bank. The top three areas of expected capital deployment include technology (40%), improvements to existing facilities (17%), construction of new facilities (12%),

MINNEAPOLIS — Target may have a chance to bounce back from its anemic 1.8% November comps increase during a period that included strong Black Friday performances for most retailers, with its "Almost Last Minute Sale," a new savings event that will offer discounts on items from the most popular gift categories including home, apparel and accessories, toys, and electronics. The three-day sale will take place Dec. 8 through Dec. 10 in stores and at Target.com.

BRENTWOOD, Tenn. — Tractor Supply Company announced Monday that Alexander Stanton has been appointed as SVP supply chain and Christine Skold has been appointed as VP investor relations, strategy and tractor value system. 

From charming boutiques to sleek global flagships, the New York retail scene was rocked by an influx of newcomers this past year. So many, in fact, that it was hard narrowing down the choices for my annual Ten Best list. After much deliberation, here are my picks: