Keyword: retail

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  • Cultivating C-Store Careers

    09/11/2018 8:05:55 PM PDT · by 2ndDivisionVet · 9 replies
    Convenience Store Decisions ^ | August 17, 2018 | David Bennett, Senior Editor
    The newest addition to Yesway, industry veteran Derek Gaskins is part of a growing number of senior leaders who are switching from other convenience retailers or other industries. Count Derek Gaskins among the deepening pool of senior professionals who are finding new niches in the convenience store industry. As the new senior vice president of merchandising and procurement for BW Gas & Convenience, d/b/a Yesway, headquartered in Des Moines, Iowa, Gaskins acknowledges that he brings a wealth of experience and industry knowledge to the newly created role. He also reflects a growing number of senior leaders who are either transitioning...
  • Store in Chapel Hills Mall clearing out Nike merch in protest of Kaepernick ad

    09/05/2018 7:19:34 PM PDT · by 11th_VA · 32 replies
    KRDO ^ | Sept 5, 2018 | Andrew McMillian and Alexis Dominiquez
    COLORADO SPRINGS, Colo. - Colin Kaepernick sparked a nationwide debate when he took a knee during the National Anthem ahead of NFL games in protest of police brutality, but a store in a Colorado Springs mall is making a stand against Nike after the company picked Kaepernick as the face of its newest ad campaign. Prime Time Sports in the Chapel Hills Mall has a large sign festooned on the window saying "All Nike 1/2 Price" and "Still Choosing to Stand, Just Doing It." Prime Time Sports has been owned by Stephen Martin for 21 years, and he realizes he...
  • Dick’s Sales Drop After Dissing Second Amendment Supporters

    09/04/2018 5:01:18 AM PDT · by marktwain · 42 replies
    Ammoland ^ | 30 August, 2018 | Dean Weingarten
    Dick's Sporting Goods is reaping the results of entering politics as a corporate entity. The purpose of public corporations is to make money for their stockholders. Fortunately, over half of Americans own stock. If you want some corporate profits, add stocks or an index fund to your 401k or other retirement accounts.When corporations move away from their basic purpose, and into the political realm, they cannot help by alienate some potential customers. When you reduce potential customers, you reduce profits. Dick's Sporting Goods decided to alienate a significant number of potential customers. They decided to take sides in an acrimonious...
  • Dick's Sporting Goods Has a Fever, and the Only Cure is Getting Woker and Going Broker

    08/30/2018 12:06:38 PM PDT · by MountainWalker · 26 replies
    Ace of Spades HQ ^ | 8/30/2018 | Ace of Spades
    The Wall Street Journal notes that Dick's is "bucking" a national trend of retailers making gains in this booming, enyugening Trump-fueled economy, by losing 4% year-to-year among comparable stores. -snip- Many on the right have a completely f*cked-up and ass-backwards way of looking at this fight. They believe it's wrong to pressure private businesses into pushing a political agenda. Well, so far, they're right. But then the next link in their chain of reasoning is If we ourselves don't pressure private businesses to push our political agenda, that means private businesses are free of noxious outside pressure to push a...
  • Dick’s Says Under Armour, New Gun-Sales Policy Dragged on Results

    08/30/2018 2:15:50 AM PDT · by abb · 43 replies
    The Wall Street Journal ^ | August 29, 2018 | Allison Prang
    Dick’s Sporting Goods Inc. DKS -2.17% said weaker sales of Under Armour Inc. apparel and a decision to pull back from the hunting business dragged on the retailer’s latest quarterly results. Comparable-store sales fell 4%, Dick’s said. Not adjusting for the 53rd week last year, the company’s same-store sales declined 1.9%. Dick’s said part of the company’s sales problems were a result of Under Armour’s decision to sell in more stores including Kohl’s. Under Armour declined to comment. Also hurting sales was Dick’s decision to tighten its policy on gun sales after 17 people were killed in a February shooting...
  • 7-Eleven launches first fully-automated stores in South Korea

    08/29/2018 12:09:47 AM PDT · by 2ndDivisionVet · 35 replies
    Retail News Asia ^ | August 29, 2018
    7-Eleven is launching first fully-automated stores 7-Eleven Express in South Korea. Currently under trial, four vending machine-style convenience stores are being operated: two at the headquarters of 7-Eleven in downtown Seoul, one at Lotte E&M in Incheon, and one at the headquarters of Lotte Rent-a-Car in Anyang, Gyeonggi Province. The store is designed as a 10-metre long express train, and consists of five vending machines with 200 products, which are divided into five categories for which there is high consumer demand: drinks, snacks, prepared meals, processed food and non-food products. Consumers can make a purchase by inputting the product number...
  • EXCLUSIVE: Walmart unveils grocery-picking robots in test store

    08/23/2018 6:34:35 PM PDT · by 2ndDivisionVet · 24 replies
    Yahoo! Finance ^ | August 3, 2018 | Julia La Roche
    There could be a future where robots will do most of your grocery shopping for you. And for some Walmart shoppers, that future is getting even closer. Walmart (WMT), the world’s largest seller of groceries, will begin piloting a robotics system for its fast-growing online grocery pickup (OGP) service in one of its stores. The retailer has teamed up with Massachusetts-based Alert Innovation to deploy its Alphabot, a first-of-its-kind technology, in its supercenter store in Salem, New Hampshire just off of Interstate 93. “This is about the evolution of retail,” Alert Innovation CEO John Lert told Yahoo Finance. “So, we...
  • Sears is closing 46 more stores — here's where they are

    08/23/2018 11:58:09 AM PDT · by Responsibility2nd · 102 replies
    Yahoo/CNBC ^ | 08/23/2018 | Lauren Thomas
    The company said this week it is shuttering 46 more stores in November. The locations are spread across the United States (See a full list below.) "We continue to evaluate our network of stores, which is a critical component to our integrated retail transformation, and will make further adjustments as needed," the company said in a statement. Liquidation sales at the 33 Sears stores and 13 Kmarts are expected to begin next week, according to Sears. The company also said that eligible workers will receive severance and be able to apply for openings at other nearby stores. Sears said in...
  • Dubai unveils plans for $2 billion tech-driven mega mall (Largest in the world)

    08/14/2018 9:25:15 PM PDT · by 2ndDivisionVet · 32 replies
    CNN Travel ^ | August 12, 2018 | Selina Julien
    Plans for a sprawling "high-tech-meets-retail" metropolis have been unveiled in Dubai. The mega mall will be the largest leasable retail space in the world, spanning over 100 soccer fields in size. Called Dubai Square, the $2 billion project in the Dubai Creek Harbour development will boast over 8 million square feet of retail space -- more than twice the size of Dubai Mall -- and will also be home to the Middle East's largest Chinatown. Designed as a destination outright, the ground floor will host celebrity performances, concerts and theater shows in a futuristic entertainment arena with 3D projection mapping,...
  • In Amazon's HQ2 search, Dallas has a unique history to bring to the table

    08/05/2018 3:05:48 PM PDT · by 2ndDivisionVet · 22 replies
    The Dallas Morning News ^ | July 7, 2018 | Maria Halkias, Retail Writer
    If Amazon selects Dallas for its second headquarters, it will be adding to the region’s already rich retail DNA. While Dallas-Fort Worth is known for its business diversity, retailing represents a big slice — maybe one it’s not getting much credit for in the ongoing speculation about where the largest online retailer will decide to put its HQ2. When analysts size up the 20 cities that Amazon said it would pick from this year, they have looked at where each stands in regards to affordable housing, tech talent, quality of life and other measures Amazon says it’s looking for. That...
  • Amazon and Walmart’s rivalry is reshaping how we’ll buy everything in the future

    08/03/2018 5:10:14 PM PDT · by E. Pluribus Unum · 26 replies
    The Verge ^ | Aug 3, 2018, 12:45pm EDT | Nick Statt
    Walmart’s ongoing battle with Amazon for the retail crown is expanding well beyond retail, and it’s forcing one of the largest companies in the world to reexamine its DNA. In the last six months alone, Walmart has partnered with scores of tech firms to better compete with Amazon and make progress in markets that may become pivotal years down the line. It’s also begun rethinking how it views itself: a traditional big-box retail giant that now hopes it can be nimble enough to compete with one of technology’s most powerful players. Following its purchase of Jet.com to advance its e-commerce...
  • Post about man in Nazi T-shirt at Crossgates goes viral (Albany, New York)

    07/23/2018 11:31:24 PM PDT · by 2ndDivisionVet · 30 replies
    The Times-Union ^ | July 23, 2018 | Lauren Stanforth
    The incident was jarring for those who saw it in person, but it didn't even register a blip in the Capital Region at large Friday: An unidentified man wearing a T-shirt with the Nazi swastika was seen walking in downtown Albany and inside Crossgates Mall. But after the owner of Jay St. Video Games in the mall posted a message on Facebook saying he refused to sell a book to the man and ordered him out of the store, the topic exploded on social media platforms, generating thousands of comments on Reddit, and hundreds of retweets on Twitter. Pictures of...
  • Department store apocalypse is taking its toll on NYC

    07/16/2018 8:22:22 PM PDT · by 2ndDivisionVet · 42 replies
    The New York Post ^ | July 14, 2018 | Steve Cuozzo
    I’m going to miss Lord & Taylor like mad when the Fifth Avenue flagship closes next year. It isn’t only because of the unlikely bargains I scored on its often-deserted men’s floors — a red vinyl Perry Ellis-label jacket, marked down from $79.95 to $39.95 that strangers hilariously mistake for Armani, and a wool winter coat as good as any for $49.99. I won’t miss the once-charming but more recently cheap-looking holiday windows that weren’t worth waiting on line for. But Lord & Taylor, like every big department store, offered a welcoming civility that softened the city’s rough edges. New...
  • Build-A-Bear 'pay your age' offer abandoned amid 'chaos'

    07/12/2018 1:26:44 PM PDT · by rightwingintelligentsia · 59 replies
    BBC ^ | July 12, 2018
    A cheap teddy offer which left shoppers with young children queuing for up to eight hours amid chaotic scenes has been abandoned over "safety concerns". Build-A-Bear Workshop was offering UK customers a chance to buy any bear, which can cost up to £52, for the price of their child's age. At Leeds' White Rose Shopping Centre police were called when queues of "about a mile long" formed. The company said the response had been "overwhelming and unprecedented". There have also been reports of long queues in US shopping centres, where the American company was also putting on the same promotion...
  • Brick-And-Mortar Retail Isn't Dead: Just Look At Who's Moving Into Toys 'R' Us's Empty Stores

    07/08/2018 7:55:49 PM PDT · by 2ndDivisionVet · 17 replies
    Forbes ^ | July 8, 2018 | Andria Cheng
    Toys “R” Us, which closed the last batch of its U.S. stores just over a week ago, has left behind not only nostalgia but also hundreds of empty stores across the country. But you’d be mistaken if you think this paints a gloomy picture of brick-and-mortar retail. As much as consumers mourn the death of Toys “R” Us, their sad and sweet memories may soon be replaced by curiosity and even excitement over who’s moving into the bankrupt retailer's old homes. Arts and crafts retailer Hobby Lobby, off-price chains Burlington Stores and T.J. Maxx and Marshalls parent TJX are just...
  • Walmart pulls “Impeach 45” t-shirts

    07/03/2018 11:59:34 AM PDT · by 11th_VA · 75 replies
    Fast company. Com ^ | Jul 3, 2018 | Elizabeth Segran
    The Walmart.com marketplace is teeming with MAGA hats and coffee mugs, but the company has just pulled an anti-Trump shirt with the slogan “Impeach 45” from its website. Late last night, Ryan Fournier, the chairman of the political group Students For Trump, tweeted about the shirt (that also came in adorable onesie form), asking Walmart, “What kind of message are you trying to send?” ... It appears that Walmart has now taken down the listing for the shirt, caving in to the pressure. Another shirt that said “45 You’re Fired” has also been removed from the site. ...
  • Walmart Caught Selling “Impeach 45” T-Shirts

    07/03/2018 5:17:26 AM PDT · by gaggs · 40 replies
    It was discovered that the superstore was selling “Impeach 45” clothing on its website Walmart search results: impeach 45 t-shirt To be fair they also sell Make America Great Again hats, They are playing BOTH sides for money. God bless 'em. From Fox News: Walmart drew outrage Monday after it was discovered that the superstore was selling “Impeach 45” apparel on its website. The outcry sparked a #BoycottWalmart trend on Twitter as users expressed their distaste for Walmart promoting the impeachment of President Trump, echoing some Congressional Democrats.
  • Walmart Boycott Campaign Launches after.outcry over 'Impeach 45' clothint

    07/03/2018 4:41:59 AM PDT · by SoFloFreeper · 45 replies
    Fox ^ | 7/2/18 | Ryan Gaydos
    Walmart drew outrage Monday after it was discovered that the superstore was selling “Impeach 45” apparel on its website. ....sparked a #BoycottWalmart trend on Twitter as users expressed their distaste for Walmart promoting the impeachment of President Trump, echoing some Congressional Democrats. Ryan Fournier, chairman of the group Students for Trump, was one of the first to discover Walmart was selling the clothing...
  • Consumers Buy More Shoes and Apparel in May As Disposable Income Edges Up

    07/01/2018 3:57:46 PM PDT · by 2ndDivisionVet · 5 replies
    Footwear News ^ | June 29, 2018 | Arthur Friedman
    Despite some slowdown in the pace of growth, solid economic indicators, like a rise in consumer spending, point to positive signs for the U.S. economy. The Bureau of Economic Analysis reported Friday that disposable personal income (DPI), a key gauge for retail spending, rose 0.4 percent, or $63.2 billion, in May. Personal consumption expenditures (PCE) grew 0.2 percent, or $27.8 billion, and was up 2.3 percent from May 2017. Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in May, and real PCE decreased less than 0.1 percent, the BEA said. The PCE price index was up 0.2...
  • Walmart Made An Incredibly Sharp Move This Month Hiring Valerie Casey

    06/30/2018 7:08:32 PM PDT · by 2ndDivisionVet · 25 replies
    Forbes ^ | June 30, 2018 | Chris Walton
    This month some important Walmart news did not get the attention it deserved. The news wasn't some flashy announcement about virtual reality or about some new service for busy Manhattanites. It was something much more subtle and much more substantive. It was the hire of Valerie Casey. Google "Valerie Casey" even today and only two listings make mention of her newfound connection with Walmart on the first page of the returned search results. This amount of attention is unjustifiably slight. Let this piece then serve as the hire's coming out party. Shrewdly, Walmart has made Valerie Casey, formerly of Frog,...