Shaw’s, Star Market eliminate loyalty card
West Bridgewater, Mass. — Shaw’s and Star Market have ended their loyalty card program. The program offered shoppers sale prices on selected items.
In line with the decision to drop the loyalty card program, Shaw’s and Star Market announced they are lowering prices on thousands of items across all of its 169 locations.
“All of our customers deserve to get the lowest price on their groceries without needing to carry a Rewards Card with them,” said Shane Sampson, president, Shaw’s and Star Market. “Every customer who walks through our door deserves our best — from service to foods to pricing — and these lower prices are what our customers can expect from us every time they visit one of our stores.”
Shaw’s and Star Market’s decision to eliminate the program puts the company in line with such fast-growing grocers as Trader Joe’s and Aldi’s, which use low prices to drive sales.
NRF: Retail industry added 28,000 jobs in June
Washington — The retail industry added 28,000 jobs in June, according to the National Retail Federation. NRF said the industry had marked increases in every sector except furniture and home furnishings and health and personal care stores.
“Today’s strong jobs report is welcomed news for the economy and may signal positive and accelerated momentum for the second half of 2013,” NRF chief economist Jack Kleinhenz said. “Payrolls came in stronger than expected, including in the retail industry, which witnessed strong gains in building supplies, clothing and sporting goods. The economy is currently stable but traction and pace remain uncertain.”
Co-founder of Target dies at 88
New York — The co-founder of Target, Douglas Dayton, died Saturday after a long battle with cancer. He was 88.
With his four brothers, Dayton took over and reshaped the Dayton Co., which was founded by their grandfather, George Draper Dayton, as Dayton’s department store in Minneapolis.
When the company in 1961 formed the discount chain called Target, Dayton became president. Dayton served as Target’s first president in 1961, and when the company merged with department store chain J.L. Hudson Co in 1969, he became senior VP. After spending several years in the position, Dayton retired in 1974 and founded a venture capital firm that he ran until his retirement in 1994.
The groundwork Dayton laid for the Target helped establish a brand identity and unique value proposition that the retailer to flourish. Eventually, Target stores overtook the company’s conventional department store businesses which were sold to Macy’s and the corporation was renamed Target in 2000.
"Along with his brothers and cousin, Doug was instrumental in helping to guide the strategic direction of Dayton Hudson Corporation for many years and institutionalize the values that are at the heart of Target Corporation today," Target said in a statement.