Skip to main content

News

  • LIMA names SVP membership, new business development

    NEW YORK — The International Licensing Industry Merchandisers’ Association has announced that Adam Berg has joined as SVP membership and new business development.

    Berg comes to LIMA following a lengthy career with Equity Management, a leading trademark licensing firm, where he most recently served as SVP licensing sales. Previously he worked in licensing sales for Hamilton Projects and held various new project development positions in the entertainment industry. 

  • Food ranking reflects PFresh progress

    Appearing at number 21 on this year’s ranking of the 50 most powerful people in the food industry is Target chairman, president and CEO Gregg Steinhafel. Compiled by Supermarket News, Steinhafel is probably ranked about where he should be considering the company’s position in the hierarchy of food retailers and other people in positions of power whose actions influence impacts the food universe. Click here to view the list.

  • And the best positioned retailer for BTS is …

    Target and Macy’s get the nod from Citigroup retail analyst Deb Weinswig as top picks to fare well this back-to-school season. In contrast to last week’s NRF survey, which forecasts a slight decline in spending, Weinswig is of the opinion that this year broadline and drug retailers will have their strongest seasonal performance since 2006 thanks to new fashion trends, a favorable weather outlook, inflation and high-end consumer demand.

  • NRF survey throws wet blanket on seasonal sales

    If consumers can be trusted to accurately describe their spending intentions well in advance of when they actually incur expenses then this year’s back-to-school season will be weaker than last year’s. The National Retail Federation’s annual BTS survey got a lot of attention when it was released last week because consumer data compiled by the trade group forecast a decline in spending.

  • Walmart breaks new ground in Chicago

    CHICAGO — About a week after announcing it would join First Lady Obama and other retailers in bringing more choices to so-called "food deserts", Walmart announced its official presence in Chicago today with the news that it has begun work on a new supercenter in Chatham. According to the company, the store will give more options to residents of Chicago's South Side neighborhood while at the same time creating approximately 400 jobs.

  • Food inflation to benefit comps in months ahead

    American consumers may not like inflation, but retailers are enjoying the favorable impact rising prices have on their same-store sales calculations. It was evident last month when most retailers reported healthy comp increases, and more of the same could be in store for July as it appears retailers are effectively passing through increased prices to shoppers.

  • Michaels rolls out mobile-optimized site application, mobile coupons

    Irving, Texas -- Michaels said Monday it is rolling out a mobile-optimized site app as well as mobile coupons with the objective of driving in-store traffic.

    The retailer, which already has a strong presence on Facebook and Twitter, has zeroed in on mobile initiatives as a way to reach time-pressed customers.

  • Amazon launches new grocery shopping app

    Seattle -- Amazon said Monday it has launched a new app to support AmazonFresh on Android phones.

    AmazonFresh, a division of Amazon, is available only in the Seattle area and is a service for ordering groceries online for home delivery.

    With the new application, users can shop complete grocery and selected Amazon.com aisles, choose home delivery times, view past purchases, and place orders.

    The app also includes features such as barcode scanning and list functionality.  
     
     

  • Dollar General inks deal for secured managed cloud services

    St. Louis -- Interface announced Monday that Dollar General Corp. has signed a multi-year contract for secured managed cloud services provided by Interface.

    Interface’s secure managed cloud services for Dollar General includes wide-area network management, PCI compliance, wireless access Management, IP alarm system monitoring, IP video surveillance, and interface digital voice.

  • Post-Recession Leasing Could Prove Challenging for Discounters

    By Michael Havdala, [email protected]

    When the Circuit City and Linens N’ Things spaces began to go dark in 2008, many landlords wondered who would step up to take their places. These concerns only deepened as the economic downturn cast doubt over retail leasing prospects.

X
This ad will auto-close in 10 seconds