Content about News

May 16, 2012

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. Last year, the Associated Press, along with 32 other publishers and 30 retailers, launched iCircular to help stave off declining ad revenue. Even Google has jumped into the fray with the launch of Google Circulars, a service that creates digital versions of full-page print inserts normally found in newspapers, with the goal of “trying to get online visitors into [offline] stores.” From the stark decline in demand for print publications, it appears that printed circulars are well on their way to extinction…or are they?

May 16, 2012

Tanna Dang, co-owner of the Eden in Love boutique in Honolulu, Hawaii was awarded the top $25,000 prize in the National Retail Federation’s inaugural “This is Retail” video contest.

May 16, 2012

Home Depot’s Craig Menear, EVP merchandising, shared details and data from a first quarter that saw double-digit comps in certain seasonal product categories.

May 16, 2012

TAMPA, Fla. — Sam's Club has signed a deal with Triad Retail Media to provide pet care information on its website, Triad said Wednesday.

May 16, 2012

FRAMINGHAM, Mass. — First it was OfficeMax, now Staples reported sales and earnings that were reflective of a struggling retail sector. The company reported that total sales for the first quarter of 2012 were $6.1 billion, a decrease of 1% in U.S. dollars and flat on a local currency basis compared with the first quarter of 2011. Net income for the first quarter of 2012 decreased 6% year-over-year to $187 million. Diluted earnings per share, on a GAAP basis, decreased 4% t to 27 cents from 28 cents achieved in the first quarter of 2011.

May 16, 2012

First quarter earnings at Target exceeded a profit forecast the company increased last month after a strong start to the quarter.

May 16, 2012

The president of Shoppers Food and Pharmacy will transition to a new role, parent company Supervalu announced Tuesday.

May 16, 2012

NEW YORK — Walmart plans to install solar panels on about half of its stores in Massachusetts, making it the largest user of solar power in the state.

Walmart is partnering with Greenskies Renewable Energy LLC, Middletown, Conn., on the project, which involves 27 stores.

May 15, 2012

Dick's Sporting Goods has raised its full year and second quarter outlooks after reporting substantial growth in sales and earnings for the first quarter.

May 15, 2012

From personnel changes to its new "fair and square" price strategy, JCPenney has put a lot into changing the company's image, and investors are waiting for it to pay off.

May 15, 2012

Kohl’s, Nordstrom and Target ranked first in their categories in a new survey by Harris Interactive. The 2012 Harris Poll EquiTrend (EQ) study surveyed Americans about brands across several retail segments, revealing which brands prompted them to open their hearts—and consequently—their pocketbooks.

May 15, 2012

The International Association for Food Protection is honoring Kroger with the 2012 Black Pearl Award for advancing food safety and quality.

May 15, 2012

A Tuesday report by the Commerce Department showed that U.S. retail sales during the month of April edged up 0.1%, following a 0.7% gain in March and marking the smallest rise of the year so far.

May 15, 2012

The TJX Companies reported that net sales for the first quarter of fiscal 2013 increased 11% to $5.8 billion and consolidated comparable-store sales increased 8%.

May 15, 2012

Warm weather and demand for core products helped drive up sales and earnings at The Home Depot during its fiscal first quarter.

May 15, 2012

The world’s largest retailer is taking steps to display its home improvement prowess through a digital marketing campaign centered on a “Projects Made Simple” area at Walmart.com.

May 14, 2012

Big Lots is recognizing Armed Forces Day by offering a special discount for armed forces personnel and their families.

May 14, 2012

WOONSOCKET, R.I. — CVS/pharmacy is taking a greater step toward targeting the Hispanic market with the launch of its new Spanish-language website.

Like the English-language site, the Spanish version, located at http://es.cvs.com, enables shoppers to manage their prescription account, get health information, purchase products, access coupons, etc. According to a MediaPost article, Google indicated that the new CVS Spanish website consists of 67,000 pages, most of which are product SKUs.

May 14, 2012

A new era is emerging at Best Buy as the company tries to come back from the fallout over disgraced former CEO Brian Dunn and re-establish itself is the dominant player in the CE space.

May 14, 2012

Paul Frank is partnering with Babies"R"Us to launch all-new Small Paul designs that will be available exclusively at Babies"R"Us stores nationwide beginning May 23.

May 14, 2012

NEW YORK — New research that will appear in the upcoming issue of the Journal of Marketing Research explores consumer sentiment over the extension of a premium brand outside of its typical category.

May 14, 2012

DEERFIELD, Ill. — Walgreens on Monday launched its national Retail Employees with Disabilities Initiative, an in-store training program designed to help people with disabilities gain retail and customer service skills that works closely with community organizations and vocational rehabilitation agencies to train and develop candidates.

May 11, 2012

Costco announced that its board of directors declared a quarterly cash dividend on Costco common stock and approved an increase from 24 cents to 27.5 cents per share, or from 96 cents per share to $1.10 per share on an annualized basis.

May 11, 2012

CVS Caremark held its annual meeting of stockholders at its headquarters on Thursday, and the tone attendees heard was a positive one.

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