ECOMMERCE

Sears to add grocery-delivery service

BY CSA STAFF

Chicago A report late Thursday by the Chicago Tribune said that Sears Holdings Corp. is looking to enter the grocery-delivery market, an expansion of Sears’ year-old MyGofer online shopping portal.

Sears spokesman Tom Aiello told the Tribune that the retailer quietly launched on Memorial Day in Manhattan and in the Hamptons. The home-delivery service — which brings groceries, prescriptions, electronics and other goods from its Kmart stores — is slated to roll out to Chicago and other markets this summer, he said.

Sears Holdings Corp. launched MyGofer last year as a way to combine brick-and-mortar retailing with Amazon-style online shopping. MyGofer.com allows shoppers to search tens of thousands of goods online, place orders from a computer or iPhone and pick them up at a Kmart store in as little as two hours. Sears also converted a shuttered Kmart store in Joliet, Ill., into a warehouse and showroom with a drive-through and renamed it MyGofer. The store opened in May 2009 and is a one-off concept to date.

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Target to help raise awareness for summer food program

BY CSA STAFF

ST. PAUL, Minn. Target is sponsoring the 2010 Vikings Children’s Fund Summer Lunch Program, which helps raise awareness for the U.S. Department of Agriculture’s Summer Food Service Program campaign, created by Second Harvest Heartland.

Target, along with the Minnesota Vikings, has pledged $300,000 to the effort. The Vikings Children’s Fund Summer Lunch Program, Presented by Target, has already secured more than 40 additional Summer Food Service Program meal sites, bringing the total number of summer meal sites in Minnesota to more than 450, according to a press release.

 

“Target has long been involved in the fight to end hunger both locally and nationally,” said Laysha Ward, president, Community Relations with Target. “We are pleased to join with the Minnesota Vikings, Second Harvest Heartland and all of Minnesota’s Feeding America food banks in an effort to positively impact child hunger in Minnesota.”

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TRU sales up in Q1, but loss widens

BY CSA STAFF

WAYNE, N.J. Toys”R”Us reported that net sales for the first quarter of fiscal 2010 were $2.608 billion, an increase of 5.3% compared with $2.477 billion for the first quarter of fiscal 2009. Comparable-store net sales grew by 1.9% in the domestic segment, while comparable-store net sales declined by 1.4% in the international segment.

The company reported a net loss of $55 million for the first quarter of fiscal 2010, compared with a net loss of $35 million for the first quarter of fiscal 2009. 

“We are very pleased with our operating results for the first quarter, driven by the team’s continued discipline in planning and achieving sales increases, expense control and margin enhancement,” said Jerry Storch, chairman and CEO of Toys”R”Us. “As we move forward, our focus remains on delivering differentiated product offerings, providing unique value and exceptional service to our customers, and preparing our stores for the all-important holiday selling season.”

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