Content about Retail

August 20, 2014

Staples chairman and CEO Ron Sargent said that the company has more work to do to stabilize its retail business, following a 20% decline in net income to $81.88 million for the second quarter, from $102.53 million in the prior year.

Staples chairman and CEO Ron Sargent said that the company has more work to do to stabilize its retail business, following a 20% decline in net income to $81.88 million for the second quarter, from $102.53 million in the prior year.

Sargent added that the company will continue taking steps toward improving customer traffic, reduce expenses and close underperforming stores.

August 18, 2014

ECRM compared retail circular advertising in July 2013 versus July 2014 and noted trends occurring across top retail chains.

ECRM compared retail circular advertising in July 2013 versus July 2014 and noted trends occurring across top retail chains. The start of the back-to-school season saw large decreases in these metrics for both Staples and Walmart across the board. Walmart continued its trend of smaller, less dense, highly-targeted and themed circulars. It barely touched on BTS on the front pages of its July 2013 circulars, with only a small laptop ad and some apparel promotions. 2014 saw a more concentrated effort as early as 7/13, prominently featuring notebooks, glue sticks, and crayons.

August 15, 2014

Nike has appointed a new VP and GM of its stores and its women’s line. Heidi O’Neill will work with Nike stores, and Amy Montagne has been placed with NIKE Women’s.

Nike has appointed a new VP and GM of its stores and its women’s line. Heidi O’Neill will work with Nike stores, and Amy Montagne has been placed with NIKE Women’s.
 
“These two appointments demonstrate our commitment to investing in our retail experience and our women’s business – two of our most strategic growth opportunities,” Nike brand president Trevor Edwards said. “We’re delighted to elevate two seasoned Nike leaders in these important roles.”
 

August 14, 2014

Advance Auto Parts demonstrated strength in its second quarter performance in one of the retail industry’s hottest sectors.

Advance Auto Parts demonstrated strength in its second quarter performance in one of the retail industry’s hottest sectors.

August 14, 2014

Walmart U.S. president and CEO Greg Foran, just six days into his new job when Walmart reported second quarter results, shared some general and familiar insights on driving growth.

Walmart U.S. president and CEO Greg Foran, just six days into his new job when Walmart reported second quarter results, shared some general and familiar insights on driving growth.

August 14, 2014

Raley's Supermarkets worked with NRG eVgo to unveil an electric vehicle (EV) fast charging station at a retail location in Northern California that features both industry standard fast chargers: CHAdeMO and SAE Combo.

Raley's Supermarkets worked with NRG eVgo to unveil an electric vehicle (EV) fast charging station at a retail location in Northern California that features both industry standard fast chargers: CHAdeMO and SAE Combo.

Located at Nob Hill supermarket in Mountain View, this Freedom Station is the first to incorporate the new SAE Combo fast charge standard, according to the company.

August 13, 2014

Jan Clevenger has been named EVP and general merchandising manager of men’s, home and kids, reporting to newly named president and chief merchandising officer David Zant.

Jan Clevenger has been named EVP and general merchandising manager of men’s, home and kids, reporting to newly named president and chief merchandising officer David Zant.

Clevenger has served as chair of the Belk Western Division based in Birmingham, Alabama, since March 2008. She began her retail career with Macy's in 1984 in store management before becoming a buyer for men’s and center core.  

August 13, 2014

Walgreens is expanding its Healthcare Clinic retail locations with entry into the Dallas-Fort Worth market. The company plans to bring 13 Healthcare Clinic at select Walgreens locations to the Dallas Metroplex by the end of 2014. The first clinic opened July 28 in Southlake.

Walgreens is expanding its Healthcare Clinic retail locations with entry into the Dallas-Fort Worth market. The company plans to bring 13 Healthcare Clinic at select Walgreens locations to the Dallas Metroplex by the end of 2014. The first clinic opened July 28 in Southlake.
 

August 12, 2014

Retail trade event organizer Efficient Collaborative Retail Marketing (ECRM) name media veteran Joseph Tarnowski to the newly created position of chief content officer.

Retail trade event organizer Efficient Collaborative Retail Marketing (ECRM) name media veteran Joseph Tarnowski to the newly created position of chief content officer.

Tarnowski will lead the development of ECRM’s content platform to deliver actionable information and insights to retail buyers and suppliers such as original research and insights from ECRM Data, the company’s business intelligence division.

August 12, 2014

Retail spending growth was at an 11-month high in July and consumers turned to planes, trains and automobiles as summer vacation travel led strong spending during the month, according to data reported today by First Data Corporation, a leading global payment technology and services company.

Retail spending growth was at an 11-month high in July and consumers turned to planes, trains and automobiles as summer vacation travel led strong spending during the month, according to data reported today by First Data Corporation, a leading global payment technology and services company.

August 12, 2014

Outdoor equipment and apparel company Black Diamond named former Sony and Gap executive Zeena Freeman as president and eventual CEO.

Outdoor equipment and apparel company Black Diamond named former Sony and Gap executive Zeena Freeman as president and eventual CEO.

The Salt Lake City-based manufacturer of outdoor performance equipment and apparel said Freeman would join the company as president, reporting to co-founder and CEO Peter Metcalf, who she will succeed in that role next June.

August 12, 2014

Supervalu welcomed nearly 4,000 independent grocery retailers to St. Paul, Minn., this week for the grocery distributor’s inaugural national sales expo and trade show.

Supervalu welcomed nearly 4,000 independent grocery retailers to St. Paul, Minn., this week for the grocery distributor’s inaugural national sales expo and trade show.

August 7, 2014

Fred’s has brought Craig Barnes and Kelly Ma on board to lead the company’s new sourcing team, as part of the regional discount chain’s efforts to strengthen its overall inventory and buying management capabilities. The company tapped the pair in conjunction with its July sales results.

Fred’s has brought Craig Barnes and Kelly Ma on board to lead the company’s new sourcing team, as part of the regional discount chain’s efforts to strengthen its overall inventory and buying management capabilities. The company tapped the pair in conjunction with its July sales results.

August 7, 2014

The retail industry and many of those who work at Walmart are going to get a double shot of Greg Foran next week. The former international executive assumes his new role as CEO of the Walmart U.S. division as the retailer prepares to release second quarter results and host a major U.S. manufacturing summit.

The retail industry and many of those who work at Walmart are going to get a double shot of Greg Foran next week. The former international executive assumes his new role as CEO of the Walmart U.S. division as the retailer prepares to release second quarter results and host a major U.S. manufacturing summit.

August 6, 2014

Juvenile products manufacturer Bendon, Inc. has entered the premium craft market following a recent acquisition that also creates the potential for expanded distribution.

Juvenile products manufacturer Bendon, Inc., has entered the premium craft market following a recent acquisition that also creates the potential for expanded distribution.

August 6, 2014

The shopping habits of today’s consumers have changed; retailers must be able to provide the product information they want through one or more of the marketing channels they may frequent — and all of those communications must be consistent with the physical in-store experience.

The shopping habits of today’s consumers have changed; retailers must be able to provide the product information they want through one or more of the marketing channels they may frequent — and all of those communications must be consistent with the physical in-store experience. That means new merchandising tactics are being embraced by industry leaders who are turning to digital signage to enhance the shopper experience and achieve competitive differentiation.

August 6, 2014

The shopping habits of today’s consumers have changed; retailers must be able to provide the product information they want through one or more of the marketing channels they may frequent — and all of those communications must be consistent with the physical in-store experience.

The shopping habits of today’s consumers have changed; retailers must be able to provide the product information they want through one or more of the marketing channels they may frequent — and all of those communications must be consistent with the physical in-store experience. That means new merchandising tactics are being embraced by industry leaders who are turning to digital signage to enhance the shopper experience and achieve competitive differentiation.

August 6, 2014

Toys“R”Us has appointed Chetan Bhandari as the company’s SVP, corporate finance and treasurer. He will report to EVP and CFO Mike Short.

Toys“R”Us has appointed Chetan Bhandari as the company’s SVP, corporate finance and treasurer. He will report to EVP and CFO Mike Short.

August 5, 2014

GNC has appointed senior retail industry executive Michael G. Archbold as CEO and member of the board, effective immediately. Archbold replaces chairman, president and CEO Joseph Fortunato, who is leaving the company and has stepped down from the board.

GNC has appointed senior retail industry executive Michael G. Archbold as CEO and member of the board, effective immediately. Archbold replaces chairman, president and CEO Joseph Fortunato, who is leaving the company and has stepped down from the board.

Lead independent director Michael Hines has been elected non-executive chairman.

August 5, 2014

Office Depot softened the blow of weak second quarter sales by bumping up the pace of 400 store closings to drive greater than expected operating profit growth and expense savings related to the merger with OfficeMax.

Office Depot softened the blow of weak second quarter sales by bumping up the pace of 400 store closings to drive greater than expected operating profit growth and expense savings related to the merger with OfficeMax.

August 4, 2014

Recent enhancements to Walmart’s website ensure that Andy Murray, the company’s SVP of creative, will have plenty to talk about later this year when he addresses the topic of “Evolving with the omnichannel shopper,” at the Shopper Marketing Conference & Expo.

Recent enhancements to Walmart’s website ensure that Andy Murray, the company’s SVP of creative, will have plenty to talk about later this year when he addresses the topic of “Evolving with the omnichannel shopper,” at the Shopper Marketing Conference & Expo.
 

August 1, 2014

Retailers and suppliers who already operate in China or are looking to expand there may want to contact Kurt Salmon following several key hires by the consulting company.

Retailers and suppliers who already operate in China or are looking to expand there may want to contact Kurt Salmon following several key hires by the consulting company.

The management consulting firm’s Retail and Consumer Products Group in China said it hired Hao Li and Ke Chen as partners.

August 1, 2014

This year, the National Retail Federation has chosen Chicago’s Art Potash, owner of Potash Markets, as its first Retail Champion of the Year. Potash was recognized at NRF’s annual Retail Advocates summit on Capitol Hill.

This year, the National Retail Federation has chosen Chicago’s Art Potash, owner of Potash Markets, as its first Retail Champion of the Year. Potash was recognized at NRF’s annual Retail Advocates summit on Capitol Hill.

August 1, 2014

This year, the National Retail Federation has chosen Chicago’s Art Potash, owner of Potash Markets, as its first Retail Champion of the Year. Potash was recognized at NRF’s annual Retail Advocates summit on Capitol Hill.

This year, the National Retail Federation has chosen Chicago’s Art Potash, owner of Potash Markets, as its first Retail Champion of the Year. Potash was recognized at NRF’s annual Retail Advocates summit on Capitol Hill.

July 31, 2014

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.