News

Walmart hatches an exceptional partnership
Months after urging its food producers to improve their animal welfare practices, Walmart has decided to expand distribution of the leading free range egg brand in the U.S.

The happy egg co. is the only U.S. egg brand that is 100% free range with a hen welfare program that covers everything from living conditions to feed to the expertise of the caregivers. To continue its mission of providing humanely produced eggs at an affordable price to consumers nationwide, the happy egg co. says it will now be available in 1,600 Walmart retail locations throughout the U.S.
Simon aims to transform back-to-school shopping
Mall operator Simon knows teen girls are a key part of its consumer base, and it is courting them this summer.

CVS unveils new beauty lines

CVS is taking steps to expand its offerings in the highly lucrative beauty category with three new collections.
Target opens Cyber Fusion security center
Starbucks and Lyft teach retailers a lesson

A unique arrangement between Starbucks and ride-sharing service Lyft should serve as a blueprint for the rest of the retail industry when it comes to developing unconventional partnerships that lead to new growth possibilities.
Office Depot leveling BTS playing field

Retailers tend to be at their charitable best during key seasonal periods and that’s been the case with Office Depot and back-to-school season for the past 15 years.
Smart shoppers using smart phones this BTS season

The pervasiveness of smartphones is making this back-to-school season the most technology-influenced ever, and a new study from Synchrony Financial provides fresh insight on the impact digital tools are having.
Food City redefines shopper engagement

A Food City supermarket in Bristol, Va., has given new meaning to that old merchandising adage, “stack it high and let it fly,” by creating the world’s largest pineapple display.
Lowe’s Canada keeps growing

Lowe's Canada announced that in addition to completing the acquisition of 12 former Target sites, the company also plans to open two more locations in Ontario. Construction is currently underway in Ancaster and Mississauga, representing an additional investment in excess of approximately $38 million (C$50 million.)
Amazon swings to rare profit in Q2

Seattle – Sales growth outpaced that of expenses during second quarter 2015, leading to a rare report of positive net income at Amazon.com Inc. Amazon reported net income of $92 million, compared to net loss of $126 million the same quarter the prior fiscal year.
Starbucks shows perky performance in Q3

Seattle – Starbucks Corp. reported impressive financial performance in the third quarter of fiscal 2015 that could be described as downright perky. Net income jumped 22% to $626.7 million from $512.6 million the same quarter a year earlier, with higher pretax earnings offsetting higher income tax charges to produce profit growth.
True colors: What a CFO needs to know about paint

CSA: What is one of the first things a CFO should know when bidding out a paint project? JG: There are many factors that go into a store remodel, and paint is one that is generally seen as a wholly separate line item in the construction specs. And with paint, the first thing people tend to think about is the cost of the paint itself.