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  • Fast-growing Five Below secures second DC

    Specialty retailer Five Below doubled in size the past three years and now the company has secured a new distribution center to help it replicate that accomplishment going forward.

    The new 600,000-sq.-ft. facility in the northern Mississippi community of Olive Branch will become operational in 2013 and will complement the company’s existing distribution facility in Newark, De. Five Below is focused on teen and pre-teen customers and derives its name from a merchandise mix price at $5 or less.

  • Target joins early Black Friday crowd

    Target plans to open at 9 p.m. on Thanksgiving Day to kick of its Black Friday promotional efforts and will follow up with additional deals that become available at 4 a.m.

    The company is also rewarding its REDcard holders by allowing them early access to select Black Friday sale items at Target.com.

  • Mobile mindset key to a Merry Christmas

    Smartphones will be retailers’ friend this holiday season, according to Deloitte’s annual survey of spending intentions and trends.

  • Home Depot opens 100th location in Mexico

    Home Depot has opened its 100th location in Mexico, according to an article in El Financiero. The Atlanta-based retailer now operates 95 stores in 60 cities in Mexico, where it generates annual revenues of $1 billion, the newspaper said.

    In the final quarter of 2012, Home Depot will open stores in the towns of Coahuila, Sonora, Veracruz, Michoacán and Nuevo León.

     

  • Wegman and Smucker honored by GMA

    The Grocery Manufacturers Association named Danny Wegman and Timothy Smucker as the 2013 inductees into the trade group’s Hall of Achievement.

    Danny Wegman serves as CEO of Wegmans Food Markets and Tim Smucker serves as chairman of the J.M. Smucker Company. The pair will receive the Hall of Achievement honor when GMA gathers in Scottsdale, Arizona on January 19 for the annual Chairman’s Lecture held in conjunction with the Food Marketing Institute’s midwinter conference.

  • Staples survey: Most workers still come to work when they have the flu

    Framingham, Mass. – Nearly 80% of office workers polled come to work even when they know they are sick — an increase of 20% over last year — according to the third annual Flu Season Survey from Staples.

  • Target, Walmart among Businessweek's Civic 50

    Washington — Target, Walmart and McKesson were each recognized Friday as one of America’s more community-minded companies as part of the The Civic 50 — the first scientific evaluation to rank the companies that best use their time, talent and resources to improve the quality of life where they do business. 

    The survey was conducted by the National Conference on Citizenship and Points of Light, and was published in the Nov. 9 issue of Bloomberg Businessweek.

  • CPG marketers join social firm

    Brand marketing veterans Chris Burggraeve and Ted McConnell are the newest members of the board of industry advisors at Syncapse, a leading social performance management company.

    Burggraeve is the former chief marketing officer of Anheuser-Busch InBev and founder of Vicomte LLC. McConnell is a former director of marketing innovation at Procter & Gambler and EVP of digital at the Advertising Research Foundation.

  • Retired Williams-Sonoma exec joins Best Buy

    Minneapolis -- Best Buy today announced that retired director, EVP, chief operating and CFO of Williams-Sonoma, Inc., Sharon McCollam, will join the company as its new chief administrative and CFO, effective Dec. 10, according to a Reuters report. McCollam, 50, left Williams-Sonoma earlier this year after serving as an executive officer for more than 12 years.

    McCollam succeeds CFO James Muehlbauer, whose departure was announced last month. Muehlbauer will leave the company at the end of this fiscal year, allowing for a smooth transition.

  • OfficeMax offering free in-store services to hurricane victims

    Naperville, Ill. -- OfficeMax today announced it is extending support to the thousands of people still without electricity by providing free in-store charging stations, fax, scan and email services to help those affected by Hurricane Sandy stay connected and get back to business. The retailer also partnered with nonprofit AdoptAClassroom.org to launch the Hurricane Relief for Teachers (HuRT) program to help restore damaged classrooms along the east coast.

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