Retail Industry Archive

May 2009

Kmart Tries Trunk Show to Showcase Styles, Jaclyn Smith

By Mike Duff | May 7, 2009

Kmart keeps trying new ways to push itself as a fashion destination for budget conscious shoppers and brought actress and apparel design partner Jaclyn Smith to promote her brand to “frugalistas,” as she called them, at the retailer’s first-ever trunk show event. Smith appeared yesterday at a Kmart just outside New York’s Penn Station touting her namesake line and signing autographs...

More...

Banana Republic Reinstates Rosen to Roll New Merchandising

By Mike Duff | May 6, 2009

Banana Republic is bringing back an executive from its glory days in the 1990s to help it execute a more complex plan for product presentation. Gap has appointed  Julie Rosen senior vice president of merchandising for Banana Republic, reporting to Jack Calhoun, the division’s president and himself former executive vice president of merchandising and marketing. Rosen will lead all product...

More...

Fresh & Easy Employee Twitters to the Rescue

By Mike Duff | May 5, 2009

Social network marketing can be complex, but a reader commenting about an earlier post on this blog, Tesco Twitters Its Way to Family Success at Fresh & Easy, demonstrated how store employees can come to the rescue even when the marketing department falls short. In fact, it demonstrates that, as they expand participation in social networks, retailers might want to rethink how they look at...

More...

Swine Flu Thrusts Retail Health Initiatives into the Spotlight

By Mike Duff | May 5, 2009

Swine flu fears will put retailers who have been expanding health services on the front lines for prevention and treatment, providing their initiatives with new recognition. Headlines might focus on swine flu’s global advance, but retailers will get the credit where it counts, locally. For example, in Michigan, the Kent County Health Department is working with supercenter operator Meijer and...

More...

Consumer Give More Gift Cards but with Fewer Bucks Aboard

By Mike Duff | May 5, 2009

More consumers are purchasing gift cards but they’re spending less on them. A study by the Hartman Group and National Research Network indicated that between September 2007 and August 2008, 52 percent of consumer purchased at least one gift card while in the period from March 2008 and February 2009 the proportion was 57 percent. In contrast, between September ’07 and August ’08, the...

More...

Wal-Mart's Castro-Wright Vents Frustration with Wall Street

By Mike Duff | May 4, 2009

Wal-Mart vice chairman Eduardo Castro-Wright told the Barclays Capital Retail and Restaurant Conference last week that, despite recent success, he was frustrated that the company isn’t getting the recognition it deserves, and he used Target to help him justify his dissatisfaction. He was expressing his frustration about Wal-Mart’s share price, and made a case that the retailer’s...

More...

Safeway Attests National Brand Reaction to Private Label

By Mike Duff | May 1, 2009

Safeway didn’t have an easy first quarter, one in which currency exchange rates, gas prices and other external factors weighted in, but its results provide more evidence of how important private label is in retailing today. In fact, Safeway got a lift from private label in two different ways. First, it sold more and, because own brands have higher margins, it profited more from the sales. In...

More...

Recession Weighs in Food Fight Between Target, Ackman

By Mike Duff | May 1, 2009

How quickly Target should grow its food business is among the issues chewed over in the tit-for-tat proxy battle between management and investor William Ackman, and the debate reveals a lot about Target plans and limitations. Target’s management recently announced that the company’s discount stores would add produce and meat to an operation that only recently saw a significant expansion of...

More...

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here
About Retail Industry

BNET Retail provides daily industry trends and news coverage with insights for managers and executives about the key players in the consumer retail industry. In addition to detailed retail company profiles, we bring you industry analysis on new retailers, products, mergers and acquisitions, consumer spending figures, and a host of other important issues pertinent to the retail sector.