Retail Executive News

04/05/2012 - 12:29pm
Walmart launches Women in Factories empowerment program

Walmart announced it has launched its Women in Factories program, a five-year initiative that will empower 60,000 women working in factories that supply products to Walmart and other retailers in India, Bangladesh, China and Central America.

04/05/2012 - 11:29am
Walmart and Walmart Foundation announce $958.9 million in charitable contributions for 2012

Walmart and the Walmart Foundation announced $958.9 million in cash and in-kind contributions around the globe during the fiscal year ending January 31, 2012.

04/05/2012 - 10:39am
Target, TJX and Ross raise outlook on better-than-expected March sales

Target Corp., The TJX Cos., and Ross Stores reported stronger-than-expected March sales as warm weather put consumers in a spending mood.

04/05/2012 - 10:32am
Costco announces new locations

Costco Wholesale Club said it plans to open up to an additional eight warehouses prior to the end of its fiscal year on September 2, 2012.

04/05/2012 - 10:14am
Warm weather gives apparel retailers and department stores a boost in March

Many apparel retailers and department stores registered solid gains in March, as an early spring brought out shoppers looking for seasonal merchandise earlier than they typically would.

04/04/2012 - 4:56pm
Survey ranks the 10 most ‘relevant’ retailers

Amazon.com is America's most relevant retailer, followed by Target, according to Brodeur Partners’ Retail Relevance Top 10 ranking.

04/04/2012 - 4:32pm
Deloitte survey finds consumers more optimistic; looking to shop more at discount stores

More than half of consumers (67%) said they plan to spend the same or more at retailers than they did last year, a nine percentage point increase from last year, according to the 2012 Spring Consumer Pulse Survey by Deloitte.

04/04/2012 - 4:29pm
Convenience store sales totaled $682 billion in 2011

In-store convenience store sales grew 2.4%, reaching a record $195.0 billion in 2011, according to data released Wednesday by NACS (National Association of Convenience Stores).

04/04/2012 - 4:12pm
Loblaws Scores BIG in Toronto

Loblaw Companies Limited has transformed the famed Maple Leaf Gardens in Toronto — an iconic Canadian landmark and former home of one of the most famous hockey arenas in North America — into the ultimate upscale supermarket destination.

04/04/2012 - 10:44am
DDR acquires shopping centers in Oregon and Arizona for $70 million

Mall owner DDR Corp. announced that it has acquired its joint-venture partner’s 50% ownership interest in two power centers located in Portland, Ore., and in Phoenix.

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