Content about United States

December 22, 2014

Albertsons plans to acquire Safeway for $32 a share in a deal valued at roughly $9 billion that will create a supermarket chain with roughly 2,400 locations to rival market leader Kroger.

Albertsons plans to acquire Safeway for $32 a share in a deal valued at roughly $9 billion that will create a supermarket chain with roughly 2,400 locations to rival market leader Kroger.

The deal announced late Thursday ended longrunning speculation regarding the potential acquisition of Safeway.

December 22, 2014

A federal judge has ruled that customers suing Target for last year’s data breach may move forward with their claims.

A federal judge has ruled that customers suing Target for last year’s data breach may move forward with their claims.

U.S. District Judge Paul Magnuson in St. Paul, Minn., dismissed claims by plaintiffs in certain states but largely denied Target's request to toss out the proposed class action lawsuit.

Magnuson rejected Target's argument that the consumers lacked standing to sue because they could not establish any injury.

December 22, 2014

The months-long back and forth is over. The Men's Wearhouse will acquire all outstanding shares of Jos. A. Bank’s common stock for $65 per share in cash, or total consideration of $1.8 billion. The boards of directors of both companies have unanimously approved the transaction.

The months-long back and forth is over. The Men's Wearhouse will acquire all outstanding shares of Jos. A. Bank’s common stock for $65 per share in cash, or total consideration of $1.8 billion. The boards of directors of both companies have unanimously approved the transaction.

Together, Men's Wearhouse and Jos. A. Bank will have more than 1,700 stores in the U.S., making it the fourth largest U.S. men's apparel retailer with approximately 23,000 employees and sales of $3.5 billion on a pro forma basis.

December 22, 2014

The Home Depot has named Craig Menear, currently president, U.S. retail, as CEO and president, effective November 1, and has elected him to the company's board of directors, effectively immediately. Current chairman and CEO Frank Blake will remain chairman.

The Home Depot has named Craig Menear, currently president, U.S. retail, as CEO and president, effective November 1, and has elected him to the company's board of directors, effectively immediately. Current chairman and CEO Frank Blake will remain chairman.

December 18, 2014

Looking to capitalize on the crafting craze, Jo-Ann Fabric and Craft Stores is partnering with the Craft Retail Group to launch TV programming dedicated specifically to crafting.

Looking to capitalize on the crafting craze, Jo-Ann Fabric and Craft Stores is partnering with the Craft Retail Group to launch TV programming dedicated specifically to crafting.

The “TV shopping experience” with daily featured shows is scheduled to launch Dec. 29.

December 17, 2014

Kroger has gotten the ultimate green seal of approval from the EPA. 

Kroger has gotten the ultimate green seal of approval from the EPA.

The federal government has announced that Kroger is the only grocery retailer to be granted elite Energy Star Certification status by the EPA.

"Kroger is committed to reducing our impact on the environment, and our Energy Star certified buildings have delivered energy and cost savings as well as reduce our carbon footprint," said Keith Oliver, Kroger's VP for facility engineering. "We are pleased to help our partners at the EPA celebrate 15 years of Energy Star certifications."

December 16, 2014

Brown Shoe Co. has sold its Shoes.com online division to a Seattle company looking to compete in a market dominated by Amazon.com and Foot Locker.

Brown Shoe Co. has sold its Shoes.com online division to a Seattle company looking to compete in a market dominated by Amazon.com and Foot Locker.

SHOEme, parent of OnlineShoes.com and Shoeme.ca, is purchasing Shoes.com for an undisclosed price, the companies said.

December 11, 2014

The globalization of Walmart’s domestic operations continued this week with the appointment of Judith McKenna to the role of chief operating office for Walmart U.S.

The globalization of Walmart’s domestic operations continued this week with the appointment of Judith McKenna to the role of chief operating office for Walmart U.S.

December 11, 2014

University of Arkansas alumni Ann and Gene Bordelon have contributed $100,000 to establish the Faculty Innovation Endowed Fund for the benefit of the Sam M. Walton College of Business. 

University of Arkansas alumni Ann and Gene Bordelon have contributed $100,000 to establish the Faculty Innovation Endowed Fund for the benefit of the Sam M. Walton College of Business.

December 8, 2014

In its latest push to provide customers with digital health technology, Walgreens announced that it is partnering with MDLive on a new telehealth offering that would give customers virtual, on-demand care.

In its latest push to provide customers with digital health technology, Walgreens announced that it is partnering with MDLive on a new telehealth offering that would give customers virtual, on-demand care.

The company is rolling out a mobile app that will give Walgreens.com customers 24/7 access to U.S. board-certified doctors. The service will first be available to users in California and Michigan, and additional states and markets will be added over time.

December 8, 2014

A new report looking at consumer shopping habits on mobile phones shows that Sunday is the best day of the week when it comes to sales from mobile shoppers. 

A new report looking at consumer shopping habits on mobile phones shows that Sunday is the best day of the week when it comes to sales from mobile shoppers.

"Online shopping has become a major force in global markets. And, with the holiday shopping season upon us in the United States, we see mobile's share of that market accelerating," said Larry Moores, vice president for consumer mobile reporting and analytics at Opera Software, a leading mobile internet and advertising company.

December 3, 2014

Looking to capitalize on the immense popularity of the PBS show Downton Abbey, Cost Plus World Market is having an online tea party and expanding its range of Downton Abbey products just in time for the holiday shopping season. 

Looking to capitalize on the immense popularity of the PBS show Downton Abbey, Cost Plus World Market is having an online tea party and expanding its range of Downton Abbey products just in time for the holiday shopping season.

December 3, 2014

A federal judge says several banks suing Target Corp. over its 2013 data breach have a plausible case for negligence and can proceed with the lawsuit.

A federal judge says several banks suing Target Corp. over its 2013 data breach have a plausible case for negligence and can proceed with the lawsuit.

December 1, 2014

Walmart reported a robust Black Friday weekend as part of its 2014 holiday sales season. 

The world's largest retailer reported a robust Black Friday weekend — including record online sales — as part of its kickoff to the 2014 holiday sales season.

“In a few short hours, we flipped from being the largest grocery store in town to the best gift shop on the block," said Laura Phillips, SVP of merchandising at Walmart. "Not only did we have millions of customers shopping our stores, but we’re confident Walmart was the first stop of the night for most of them."

November 26, 2014

Temperatures are forecast to trend warmer than last year for the U.S. as a whole. However, the Southeast may see some cooler trends compared to last year. There is high confidence that the Great Lakes, New England, and South Central states will trend warmer than last year. 

Temperatures are forecast to trend warmer than last year for the U.S. as a whole. However, the Southeast may see some cooler trends compared to last year. There is high confidence that the Great Lakes, New England, and South Central states will trend warmer than last year. Onshore flow in the West will bring milder and wetter weather to the region.  A more pronounced flow of moisture will bring more snow to the West Coast mountain ranges. At least one storm will eject out of the southern Rocky Mountains spreading a swath of snow from New Mexico to the Great Lakes and New England.

November 25, 2014

When Macy's kicks off the holiday shopping season with its traditional parade on Thanksgiving Day, the retailer will also be deploying social media to complement its holiday push.

When Macy's kicks off the holiday shopping season with its traditional parade on Thanksgiving Day, the retailer will also be deploying social media to complement its holiday push.

The company earlier this year was one of the first retailers to launch Facebook video ads. On Thursday evening, Macy’s will roll out its next round of video ads, this time to coincide with its Black Friday weekend campaign.

November 24, 2014

Redbox is raising its prices in an effort to boost stagnant sales and get more revenue out of its existing customers.  

Redbox is raising its prices in an effort to boost stagnant sales and get more revenue out of its existing customers.  

November 21, 2014

Walmart is fulfilling its promise earlier this year to make a big investment in solar energy: The retailer has accepted bids from SunEdison and SolarCity to install as many as 400 new solar systems on its facilities over the next four years.  

Walmart is fulfilling its promise earlier this year to make a big investment in solar energy: The retailer has accepted bids from SunEdison and SolarCity to install as many as 400 new solar systems on its facilities over the next four years.  

November 19, 2014

BJ's Wholesale Club has introduced a Mastercard program that ups the ante in the wholesale club credit card category. 

BJ's Wholesale Club has introduced a Mastercard program that ups the ante in the wholesale club credit card category. The My BJ's Perks MasterCard will offer members 10 cents off per gallon of BJ's gas every day, up to 5% back on purchases in-club and at BJs.com, 2% back on eating out and non-BJ's gas purchases, and 1% back on purchases made everywhere else MasterCard is accepted.  

November 19, 2014

Zappos.com says it will celebrate Thanksgiving and Black Friday weekend by donating 10 meals per order placed on Zappos.com in partnership with Feeding America, the leading domestic hunger-relief charity. 

Zappos.com says it will celebrate Thanksgiving and Black Friday weekend by donating 10 meals per order placed on Zappos.com in partnership with Feeding America, the leading domestic hunger-relief charity.

The company says the objective of its Fast, Free Giving effort is to give back this holiday season and for consumers to put their dollars behind more than just holiday gifts: to help those most in need, too.

November 18, 2014

The IKEA Group has made its largest investment ever in renewable energy by buying a 165-megawatt wind farm in Cameron County, Tex.

The IKEA Group has made its largest investment ever in renewable energy by buying a 165-megawatt wind farm in Cameron County, Tex.

November 17, 2014

Environmental advocates and building industry pros have long circled each other in conflict and cooperation, but it seems that there's a loud and growing faction of activists putting a relatively new issue on the map.

Environmental advocates and building industry pros have long circled each other in conflict and cooperation, but it seems that there's a loud and growing faction of activists putting a relatively new issue on the map.

That's because bees are dying -- suddenly, and often at once, numbering in the millions -- a troubling effect known as Colony Collapse Disorder that has been linked to the use of neonicotinoids, a type of insecticide that can be found on Lowe's and Home Depot shelves nationwide.

November 14, 2014

Perhaps the most aggressive traffic and sales generating promotional effort this Black Friday comes courtesy of Old Navy.

Perhaps the most aggressive traffic and sales generating promotional effort this Black Friday comes courtesy of Old Navy.

The Old Navy division of Gap, Inc., plans to open its more than 800 stores at 4 p.m. on Thanksgiving day and will price all merchandise at half off for 31 hours until stores close at 11 p.m. on Black Friday. And, if the 50% markdown isn’t sufficient to motivate shoppers, the retailer plans generate store traffic by giving away $1 million to one lucky customer and 1,000 $200 gift certificates.

November 14, 2014

HHgregg CEO Dennis May said the retailer is approaching Black Friday differently this year, including opening its stores earlier than Best Buy on Thanksgiving Day and offering 40% storewide discounts.

HHgregg CEO Dennis May said the retailer is approaching Black Friday differently this year, including opening its stores earlier than Best Buy on Thanksgiving Day and offering 40% storewide discounts.

HHgregg will open its stores at 4 p.m. on the holiday, an hour earlier than Best Buy and two hours earlier than most other retailers who plan to open Thanksgiving Day. The retailer also said its Black Friday Now promotion will begin Nov. 20 and run through Nov. 29 and will offer up to 40% off all items in the store.

November 14, 2014

The online grocery channel, while a minor part of FMCG/CPG sales in the U.S. currently, is widely anticipated to be a primary driver of growth for the category in the coming years.

The online grocery channel, while a minor part of FMCG/CPG sales in the U.S. currently, is widely anticipated to be a primary driver of growth for the category in the coming years. And the emergence of this channel can’t happen too soon - total dollar sales for FMCG/CPG products increased just 1.5% last year according to IRI. But change is coming.