News

Washington, D.C. -- More and more retailers are experimenting with mobile and social initiatives. According to “The State Of Retailing Online 2011: Marketing, Social, and Mobile” report conducted by Forrester Research. for Shop.org, 91%  percent of retailers currently have a mobile strategy in place or in development (up from 74% a year ago), and 72% say they will increase their spending on social networks this year over last.

CHICAGO -- Supervalu detailed its strategic plan to deliver profitable growth in the future for shareholders at an investor event May 3. 

Commenting on the company’s plans, Supevalu CEO and president Craig Herkert said, “We are focused on acting as one company, working toward a common goal of delivering increased value to all of our customers and meeting their needs neighborhood by neighborhood.”

SAN BERNARDINO, Calif. — Stater Bros. announced that three of its supermarkets have received the Environmental Protection Agency's GreenChill Award.

The regional chain said that the stores, all located in Southern California, earned the Gold Award from the EPA, the second-highest award offered by the agency to businesses that use refrigerants that do not harm the earth's ozone layer.

The consulting firm Gravitytank named Bob Thacker as a strategic advisor to help the firm’s consumer electronics, retail, consumer packaged goods and technology clients. Thacker most recently served as SVP of marketing and advertising at OfficeMax and was with Target from 1989 to 1998 as a VP of marketing. He also served as president and CEO of BBDO in Minneapolis and served as an SVP of marketing at Sears.

Customers paying with their Lowe’s Consumer Credit Card receive an immediate discount of 5% on in-stock and special order purchases bought in stores or online at lowes.com, Lowe's said.

Customers with single-receipt purchases of $299 or more can choose between the 5% discount or special financing currently advertised.

The most recent pricing survey from the equity research team at Credit Suisse shows that Target is either 3.1% more expensive or 1.9% less expensive than Walmart. The firm compared prices at stores in the Dallas and Chicago markets, as it does every month, and during March discovered the gap between the two competitors narrowed considerably.

“Target’s price gap with Walmart tightened from 4.2% in February to 3.1%,” according to the firm. “Target’s basket price decreased sequentially by 0.8% compared with Walmart’s 0.3% increase.”

Plano, Texas -- J. C. Penney Corp. has completed a new five-year $1.25 billion bank credit facility.

The new facility replaces a $750 million credit facility that was scheduled to mature in April 2012 and provides further strength to the company's liquidity position. The facility may be used for general corporate purposes and will mature in April 2016.
 

BENTONVILLE, Ark. — Sam's Club is offering skin health screenings to customers on May 14 as part of Skin Cancer Awareness Month.

 Sam's Club shoppers will offer skin assessments, which will be conducted by U.S. Wellness, to both members and non-members. U.S. Wellness will conduct DermaScan skin tests, which use Type A ultraviolet light to show sun damage that is invisible to the naked human eye. The retailer added that it will offer free DermaScan skin tests to the first 100 participants who sign up in each club.