OPERATIONS

H.H. Gregg to match prices of online retailers

BY Staff Writer

Indianapolis — H.H. Gregg announced that it has launched a “Price Match Guarantee” to ensure that its customers receive the lowest advertised prices on merchandise both in stores and online, for up to 30 days after the date of purchase.

Under the new program, H.H. Gregg said it will match competitors’ lowest advertised prices on in-stock merchandise of the same make and model, up to 30 days after a purchase. The guarantee applies to local brick-and-mortar competitors as well as a list of major online retailers. Customers do not need to bring sales flyers to the store, as sales associates can verify competitive pricing.

“We want customers to know without a doubt that they are getting the lowest prices when they shop at H.H. Gregg,” said Dennis May, president and CEO of H.H. Gregg. “That has always been our unofficial policy, but now we are putting it down in writing for our customers. Our new pricing match policy combined with our highly trained associates ensure a best-in-class customer service experience in our stores and online and deliver incredible value for our customers.”

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OPERATIONS

Walmart and Mother Nature Network in Twitter promotion

BY Staff Writer

Bentonville, Ark. — Walmart and Mother Nature Network are inviting people to use Twitter to express their green ideas for the chance to win a $100 Walmart gift card.

The contest begins at 11 a.m. CST when @WalmartGreen will post the inaugural question: "Tell us your idea for an eco-friendly gift for your Valentine." To be eligible to win, users must follow @WalmartGreen and reply to @WalmartGreen with their response. Submissions will be accepted until 5 p.m. CST, and all responses should include the #WinItWednesday hashtag to be considered. Three entries will be selected and the winners will each receive a $100 Walmart gift card along with a chance to have their winning idea featured on The Leaderboard, Walmart and Mother Nature Network’s new editorial destination, and Walmart’s The Green Room.

Joel Babbit, CEO and co-founder of Mother Nature Network, and Andrea Thomas, SVP sustainability at Walmart, will help choose the winners, whose stories or sustainability tips will then be published on The Green Room within the month.

A new contest will be announced on the first Wednesday of each month.

"The creativity that inspires sustainability solutions within our company has always impressed me, which is why I’m eager to see what sustainability-inspired changes people are making in their own lives every day," said Andrea Thomas, SVP sustainability at Walmart. "I hope celebrating everyday steps in this fun and simple way will inspire even more people to explore how easy it can be to take action, both in-home and in-store."

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FINANCE

NPD: Consumers typically put off Valentine’s Day to last week

BY Staff Writer

Chicago — Seventy-eight percent of those who celebrate Valentine’s Day plan to shop a week or less before the actual day, and still many wait until Feb. 13 or Feb. 14 to purchase, finds recent by The NPD Group.

Women do not begin their Valentine’s Day shopping much earlier than men; one-in-three female buyers (32%) wraps up her shopping Feb. 13-14, and 47% of men made their final Valentine’s Day purchase on Feb. 13 or 14, according to NPD’s SnackTrack Holidays Valentine’s Day Profile.

According to the report, the most common gift was candy, given by 38% of adults and 47% of teen gifters. Supermarkets and discount stores are the primary channels for Valentine’s Day purchases. Consumers say that they choose these channels for convenience purposes.

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