News

FRAMINGHAM, Mass. -- Staples announced that it has formed a new strategic alliance with one of the leading Swiss office products companies, Büro Schoch Direct AG. Within Switzerland, Staples and Büro Schoch Direct will work together exclusively on international accounts and collaborate to exchange best practices, the company reported.

CAMP HILL, Pa. — Overall same-store sales at Rite Aid decreased during March while pharmacy and prescription sales increased, the pharmacy retailer said Thursday.

Compared with last year, front-end same-store sales decreased by 1.8% during the four-week period that ended March 26, which the 4,711-store chain attributed to Easter falling on a later date this year, April 24, than last year, when it occurred on April 4.

The Global Food Safety Initiative (GFSI), managed by The Consumer Goods Forum, announced that Yves Rey, corporate quality general manager Danone, has been appointed chairman elect to replace current chairman, Jürgen Matern, Metro AG, once he completes his mandate in February 2012. Yves Rey will become the sixth chairman of the Global Food Safety Initiative. 

WASHINGTON --  The National Retail Federation has a new ally in its fight for swipe-fee reform. The group announced that Americans for Financial Reform, a coalition focused on financial services industry reform that includes the Consumer Federation of America, the U.S. Public Interest Research Group and a number of other consumer organizations among its 250 national, state and local members, asked Congress Wednesday to reject proposals to delay swipe-fee reform.

SAN FRANCISCO -- Ebay announced that it has added a new feature to Ebay.com that will allow shoppers to check product and merchandise availability at local retailers. The feature is made possible through Ebay's partnership with Milo, the leading local shopping engine that Ebay acquired last year.

MONTVALE, N.J. — Grocer A&P is launching a discount program that offers seniors savings on groceries purchased at A&P, Pathmark, Waldbaum's, Food Emporium and Superfresh banner stores.

On April 4, the company is launching its "Senior Appreciation Days" program, starting with "Senior Appreciation Mondays," a new special discount program for seniors in all Pathmark banner stores.

In a move to generate online traffic and pre-orders for the upcoming release of Justin Bieber’s Never Say Never documentary, Walmart.com this week offered autographed copies of the DVD/Blu-Ray combo pack for $24.96. Bieber personally autographed 1,800 copies of the combo-pack, which chronicles his rise to become a pop phenomenon. The strategy appeared to work as by mid-day Thursday the autographed copies were no where to be found on Walmart.com, although there was plenty of other Bieber paraphernalia.

SECAUCUS, N.J. -- Panasonic announced that it is giving consumers the chance to experience its 2011 line-up of home entertainment products during its six-week, 15-market "Panasonic Experience Amazing Tour."

The tour starts April 4 in New York and will make stops in Chicago, Los Angeles, Atlanta, Boston, Dallas, Detroit, Houston, Miami, Minneapolis, Philadelphia, Phoenix, San Francisco, Seattle and Washington, DC over the next five weeks, through May 15.  

No one disputes the philosophy that every day low prices enabled Walmart to achieve dramatic growth, but pricing studies continue to reveal a marketplace where price separation relative to competitors has become difficult to achieve.

Walmart’s past and future collided this week in a stark juxtaposition of events. While the company’s lawyers were engaged in oral arguments before the U.S. Supreme Court stemming from events in the past, senior executive of the international division were gathered with financial analysts in a hotel ballroom in Shenzhen, China to discuss the future.