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Retailing Today Insights: Dollar General
Sponsored by Dr Pepper Snapple Group
At first blush, there appears to be nothing special about Dollar General’s first Southern California store in the suburb of Montclair. It occupies about 7,500 sq. ft. of space in an aging strip center, and a small banner hung on the exterior beckons to passing motorists and pedestrians, “Now Open.”
Click here for the full report.
Walmart News Now
Walmart Q1 comps gain 2.6%
First quarter profits at Walmart exceeded analysts’ estimates as same-store sales increased 2.6% and the company said it strategy of low prices on a broad merchandise assortment is resonating again with shoppers . . .
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Hefner out, Redfield in as Sam’s Club new head merchant
Sam Club president and CEO Ros Brewer on Thursday named Charles Redfield as Sam’s newest EVP merchandising to replace Linda Hefner who will relocate to Chicago, according to an internal announcement. . .
Click here for more Walmart news and analysis.
Target News Now
Target tops earnings view even after earlier increase
First quarter earnings at Target exceeded a profit forecast the company increased last month after a strong start to the quarter ...
Francis' marketing magic slow to take hold at JCPenney
When JCPenney hired former Target chief marketer, Michael Francis, to serve as president, the company no doubt thought he would bring with him a bit of Target's magic ....
Guest Viewpoint
Circulars in the Digital Age
By Mat Atkinson
The steady erosion of newspaper circulations naturally has led many to predict that the printed ad circular is not much long for this world and will quickly disappear as consumers demand more digitized ads and coupons.
Click here for more opinion and insight.
ShopperTrak: April 2012
Total U.S. Shopper traffic in retail stores and malls for April 2012
Warm weather and shifting holidays in March caused retail foot traffic to dip in April. Retail foot traffic in April was 7.6 percent lower from March, and 2.7 percent lower on a year-over-year basis. The slow April is the first in the past 3 months to experience a decline in year-over-year and month-over-month retail foot traffic.
Market Track
Click here to see what, and how often, leading retailers promoted in April.
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