REAL ESTATE

Dick’s grand-opens three new stores

BY Katherine Boccaccio

Pittsburgh — Dick’s Sporting Goods grand-opened three new stores on Friday, bringing the total store count to 541 in the U.S.

The chain opened a store in Redding, Calif., at the Redding Hilltop Center, as well as opened a store in Victorville, Calif., at The Mall of Victor Valley, marking its 30th and 31st Dick’s stores in California.

And in Kansas, at the Midstate Plaza in Salina, Dick’s opened its eighth store in the state.

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OPERATIONS

Walgreens fine-tunes senior leadership structure

BY Katherine Boccaccio

Deerfield, Ill. — Walgreens has restructured its senior leadership, elevating Jim Jensen to VP daily living implementation and space planning, and naming Moe Alkemade as general merchandise manager.

Beth Stiller has been named group VP retail brands and global sourcing.

All appointments are effective Nov. 4.

The alignment is meant to better enhance Walgreens’ ability to realize the chain’s three strategic objectives — creating the Well Experience, transforming community pharmacy and establishing an efficient global platform — by better aligning Walgreens’ merchandising and operations arms.

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OPERATIONS

Tractor Supply outlines company’s online strategy

BY Katherine Boccaccio

New York — Tractor Supply CEO Greg Sandfort outlined the company’s online strategy, borrowing phrases from other multichannel retailers.

“We have to have our site geared to giving customers the options for any way they like to engage with us,” Sandfort said during the recent Goldman Sachs investor conference.

Sandfort said Tractor Supply, with more than 1,200 mostly rural retail stores around the country, understands that there are “hundreds” of online sources for consumers to buy the things that Tractor Supply sells. But the company has every intention to gain share and grow its online operation.

The company’s online directive is to be an easy, 24/7 source that fulfills customers’ product needs for property ownership and animal ownership.

One interesting observation: 30% of the consumers are coming to Tractor Supply’s website from a mobile device. “That tells me they have some savvy with technology.”

“Never underestimate the social aspect of a website,” he added.

“The power of the social side and how it can drive business longer term and its impression to the consumer is going to be something we all must pay attention to,” he said. “Look for us over the next few years to enhance our customer engagement, buying, shopping and researching products easer.”

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