Content about United States

July 28, 2014

HBC Department Store Group has deployed the Swirl in-store beacon marketing platform to deliver digital experiences to consumers' smartphones while they shop in the company's department stores in Canada and the U.S.

HBC Department Store Group has deployed the Swirl in-store beacon marketing platform to deliver digital experiences to consumers' smartphones while they shop in the company's department stores in Canada and the U.S.

Using beacons installed in merchandising areas throughout its stores, Hudson's Bay and Lord & Taylor will automatically deliver branded content and personalized offers to in-store shoppers through an array of company-owned and third-party mobile apps.

July 28, 2014

The National Retail Federation (NRF), Retail Industry Leaders Association (RILA), Food Marketing Institute (FMI), Merchant Advisory Group, National Association of Convenience Stores (NACS), National Grocers Association and National Restaurant Association (NRA) are jointly calling for an open and universal tokenization standard in the U.S. payments system.

The National Retail Federation (NRF), Retail Industry Leaders Association (RILA), Food Marketing Institute (FMI), Merchant Advisory Group, National Association of Convenience Stores (NACS), National Grocers Association and National Restaurant Association (NRA) are jointly calling for an open and universal tokenization standard in the U.S. payments system.

The groups released a statement saying payment card data is currently vulnerable to theft where card information is swiped or entered, where card information is stored, and where it is transmitted.

July 25, 2014

After 40 years in the beer business, Molson Coors Brewing Company president and CEO Peter S. Swinburn is retiring from the company and its board of directors on December 31. The board has named Mark R. Hunter, currently CEO and president of Molson Coors Europe and a 25-year industry veteran, as his successor.

After 40 years in the beer business, Molson Coors Brewing Company president and CEO Peter S. Swinburn is retiring from the company and its board of directors on December 31. The board has named Mark R. Hunter, currently CEO and president of Molson Coors Europe and a 25-year industry veteran, as his successor.

July 25, 2014

Visa has rolled out Visa Digital Solutions, a comprehensive suite of offerings that facilitate secure payments across a broad range of Internet-connected devices and wearables.

Visa has rolled out Visa Digital Solutions, a comprehensive suite of offerings that facilitate secure payments across a broad range of Internet-connected devices and wearables.

Visa Digital Solutions fall into two main categories of supporting new payment models and protecting consumers and supporting innovation: Support for New Payment Methods and Technology That Protects Consumers and Supports Industry Innovation.

July 24, 2014

Channeling his inner Sam Walton this week, Walmart CEO Doug McMillon rattled the company with the unexpected appointment of a relatively unknown newcomer to replace Bill Simon as CEO of its largest and most profitable division.

Channeling his inner Sam Walton this week, Walmart CEO Doug McMillon rattled the company with the unexpected appointment of a relatively unknown newcomer to replace Bill Simon as CEO of its largest and most profitable division.

July 22, 2014

Lowe's plans to build a customer support center in Indianapolis, a move that will create up to 1,000 new jobs by 2016.

Lowe's plans to build a customer support center in Indianapolis, a move that will create up to 1,000 new jobs by 2016.

July 17, 2014

Heineken Light’s most recent ad campaign, "Best Tasting Light Beer," features three-time Emmy award-winner and Tony award-winner and host Neil Patrick Harris.

Heineken Light’s most recent ad campaign, "Best Tasting Light Beer," features three-time Emmy award-winner and Tony award-winner and host Neil Patrick Harris.  

The reformulated Heineken Light recipe still contains just 99 calories but now includes cascade hops, commonly used in IPAs to create a fuller flavor, crisper aftertaste and a clean finish, the company said.

July 17, 2014

Williams-Sonoma has appointed Ronald R. Young SVP, global, as part of its strategy to grow the brand outside the United States.

Williams-Sonoma has appointed Ronald R. Young SVP, global, as part of its strategy to grow the brand outside the United States.

“Global expansion is one of our most important initiatives, and I’m pleased to have Ron Young, with his more than 30 years of experience in global markets, leading our continued growth,” said president and CEO Laura Alber. “Ron’s deep understanding of the global retail landscape, and his financial discipline are the ideal combination of skills and experience to lead our global strategy.”

July 16, 2014

G&K Services, a service-focused market leader of branded uniform and facility services programs in the United States and the largest such provider in Canada, has added Frito-Lay North America president Thomas R. Greco to its board of directors and its compensation committee.

G&K Services, a service-focused market leader of branded uniform and facility services programs in the United States and the largest such provider in Canada, has added Frito-Lay North America president Thomas R. Greco to its board of directors and its compensation committee.

July 15, 2014

Americans have never had greater access to amazing consumer electronics products thanks to eye-popping innovation that is translating to uneven growth and interesting implications for the holiday season, according to the latest sales projections from the Consumer Electronics Association (CEA).

Americans have never had greater access to amazing consumer electronics products thanks to eye-popping innovation that is translating to uneven growth and interesting implications for the holiday season, according to the latest sales projections from the Consumer Electronics Association (CEA).

July 14, 2014

It is one of the smaller acquisitions CVS Caremark has done, but the purchase of the 33-unit Miami-based Navarro Discount Pharmacy could have big implications.

It is one of the smaller acquisitions CVS Caremark has done, but the purchase of the 33-unit Miami-based Navarro Discount Pharmacy could have big implications.

CVS Caremark late Monday said it reached an agreement with Navarro, the largest Hispanic owned drugstore chain in the U.S., to acquire 33 stores and Navarro Health Services, a specialty pharmacy serving patients with complex or chronic diseases. CVS Caremark operates more than 7,600 stores, but said it will continue operating the acquired units under the Navarro banner.

July 14, 2014

It is one of the smaller acquisitions CVS Caremark has done, but the purchase of the 33-unit Miami-based Navarro Discount Pharmacy could have big implications.

It is one of the smaller acquisitions CVS Caremark has done, but the purchase of the 33-unit Miami-based Navarro Discount Pharmacy could have big implications.

CVS Caremark late Monday said it reached an agreement with Navarro, the largest Hispanic owned drugstore chain in the U.S., to acquire 33 stores and Navarro Health Services, a specialty pharmacy serving patients with complex or chronic diseases. CVS Caremark operates more than 7,600 stores, but said it will continue operating the acquired units under the Navarro banner.

July 14, 2014

Ikea is submitting plans to Clark County, Nevada, for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States. The application marks the beginning of the governmental approval process that could lead to the store’s opening as early as summer 2016.

Ikea is submitting plans to Clark County, Nevada, for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States. The application marks the beginning of the governmental approval process that could lead to the store’s opening as early as summer 2016.

Until then, customers will have to shop at the closest locations in Covina, California; Tempe, Arizona, or Draper, Utah; or online at IKEA-USA.com.

July 14, 2014

Ikea is submitting plans to Clark County, Nevada, for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States. The application marks the beginning of the governmental approval process that could lead to the store’s opening as early as summer 2016.

Ikea is submitting plans to Clark County, Nevada, for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States. The application marks the beginning of the governmental approval process that could lead to the store’s opening as early as summer 2016.

Until then, customers will have to shop at the closest locations in Covina, California; Tempe, Arizona, or Draper, Utah; or online at IKEA-USA.com.

July 14, 2014

Mylan has entered into a definitive agreement with Abbott whereby Mylan will acquire Abbott's non-U.S. developed markets specialty and branded generics business in an all-stock transaction.

Mylan has entered into a definitive agreement with Abbott whereby Mylan will acquire Abbott's non-U.S. developed markets specialty and branded generics business in an all-stock transaction.

Upon closing, Abbott will receive 105 million shares of the combined company worth approximately $5.3 billion based on Mylan's closing price of $50.20 on Friday, July 11, 2014, representing an approximately 21% ownership stake.
 

July 14, 2014

Staples has completed its acquisition of all the issued and outstanding common shares of PNI for consideration of C$1.70 per share pursuant to a plan of arrangement under the Business Corporations Act (British Columbia).

Staples has completed its acquisition of all the issued and outstanding common shares of PNI for consideration of C$1.70 per share pursuant to a plan of arrangement under the Business Corporations Act (British Columbia).

July 14, 2014

Visa has entered into a partnership with Borderfree, a leading international cross-border e-commerce solutions provider, to offer customers in the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Bahrain and Jordan special promotions from retailers in the United States.

Visa has entered into a partnership with Borderfree, a leading international cross-border e-commerce solutions provider, to offer customers in the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Bahrain and Jordan special promotions from retailers in the United States.

July 11, 2014

GE Capital is providing MerchSource with a $130 million senior credit facility providing working capital for the company’s operations in the U.S. and Hong Kong.

GE Capital is providing MerchSource with a $130 million senior credit facility providing working capital for the company’s operations in the U.S. and Hong Kong.
 
MerchSource, headquartered in Irvine, California, ideates, designs, develops and distributes a variety of consumer products in categories including electronics, toys, home décor, household accessories and pet supplies. Its products are sold in retailers such as Bed Bath & Beyond, CVS, Kohl’s, Macy’s, Target, Walgreens and Wal-Mart.
 

July 10, 2014

Just a month after activist investor Carl Icahn became Family Dollar’s largest shareholder prompting concerns of a hostile takeover, the company reported its third straight quarterly decline in same-store sales.

Just a month after activist investor Carl Icahn became Family Dollar’s largest shareholder prompting concerns of a hostile takeover, the company reported its third straight quarterly decline in same-store sales.

Same-store sales for the third quarter ended May 31 decreased 1.8% because of fewer customer transactions, partially offset by an increase in the average customer transaction value. Sales in the third quarter of fiscal 2014 were strongest in the consumables category, driven primarily by strong growth in refrigerated/frozen food and tobacco.

July 8, 2014

Stuart Weitzman has named Monica Schwartz as chief global digital and e-commerce officer. She will report directly to CEO Wayne Kulkin and will be based out of the company's international headquarters in New York.

Stuart Weitzman has named Monica Schwartz as chief global digital and e-commerce officer. She will report directly to CEO Wayne Kulkin and will be based out of the company's international headquarters in New York.

In this newly created position, Schwartz will oversee all aspects of global e-commerce and digital strategies for the stuartweitzman.com platforms in the United States, Canada, Europe and Hong Kong, as well as the soon-to-be-launched e-commerce site in China.

July 8, 2014

Five hundred suppliers, 200 merchants and 800 meetings equaled made in U.S.A. magic for Walmart as the retailer looked to accelerate domestic sourcing with a first ever event dubbed Open Call.

Five hundred suppliers, 200 merchants and 800 meetings equaled made in U.S.A. magic for Walmart as the retailer looked to accelerate domestic sourcing with a first ever event dubbed Open Call.

Walmart held the event at its Bentonville, Ark., headquarters on Tuesday, July 8, to discover domestically sourced products from new and existing suppliers that can help the company meet its goal of buying an additional $250 billion in American-made products in the next 10 years.

July 7, 2014

Nearly 2,000 Home Depot stores in the U.S. began offering a wide range of connected home devices that run on the Wink platform on July 7.

Nearly 2,000 Home Depot stores in the U.S. began offering a wide range of connected home devices that run on the Wink platform on July 7.

The Wink platform unites close to 60 devices, creating the broadest set of connected home products in one ecosystem, with fifteen leading manufacturers of home products ranging from light bulbs and locks to window shades, irrigation systems and water heaters, according to Wink and Home Depot.

July 1, 2014

Vestis Retail Group, the parent company of Bob's Stores and Eastern Mountain Sports, has set the wheels in motion to acquire Sport Chalet.

Vestis Retail Group, the parent company of Bob's Stores and Eastern Mountain Sports, has set the wheels in motion to acquire Sport Chalet.

The acquisition will create one of the largest sporting goods retailers in the United States, with more than 150 stores and coverage on the East and West coasts. Sport Chalet will continue to operate stores under its existing brand name, and according to Vestis Retail Group, no store closures are planned.

June 23, 2014

Retailer H&M showed off items from its summer fashion line with a summer camp-themed event in Brooklyn.

Retailer H&M showed off items from its summer fashion line with a summer camp-themed event in Brooklyn.

Following a preview of the fashion retailer, guests participated in postcard writing activities and played Ping-Pong, culminating in a performance by Zoe Kravitz’s band, Lolawolf, around a campfire.

"I think H&M does a really great job making clothes that are affordable but still fashionable and well made,” Kravitz said.

June 23, 2014

Former Delhaize CEO Dirk Van den Berghe was named president and CEO of Walmart Canada as the retailer eyes long-term growth opportunities including the development of small stores.

Former Delhaize CEO Dirk Van den Berghe was named president and CEO of Walmart Canada as the retailer eyes long-term growth opportunities including the development of small stores.