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Retail News
Covering the latest news in the retail industry
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Wal-Mart Tops Fortune’s Admired List
Wal-Mart was voted as “America’s Most Admired” company for the second consecutive year.
Nordstrom’s Holiday Lifts Profits and Spirits
Nordstrom’s sales for the November-through-January quarter rose 10.4 percent to a record $1.9 billion. Same-store sales had the largest gain since 1994.
RFID Won’t Work Without Synced Data
A new plan commissioned by Grocery Manufacturers of America (GMA), the Food Marketing Institute (FMI), and the National Association of Chain Drug stores (NACDS) and developed by consulting firms A.T….
Retailer Offers Discount To Same-Sex Couples
Thirty Minute Photos (http://www.30minphotos.com) is offering a 25 percent discount on online photo orders to same-sex married couples.
Prices On Food To Stay Low
A new report from the Department of Agriculture (USDA) says food prices should remain low with little inflation this year and through the rest of the decade.
Publix Testing Liquor Stores
Publix is testing a liquor store concept with four markets adjacent to its supermarkets.
Publix Ads Go Online
Publix is republishing its weekly flier online but a company spokesperson said it would have no effect on the supermarket’s print advertising.
All Eyes On SoCal Grocery Strike
The outcome of the strike/lockout of the United Food and Commercial Workers (UFCW) in Southern California is important for management and labor beyond the West Coast and outside the grocery…
Higher Energy Costs Drive CPI Up
Higher prices at the pump and home heating fuel drove the Consumer Price Index (CPI) up 0.5 percent in January, the largest increase in nearly a year.
Former Coke President Rejoins Co. Board
Don Keough, president and chief operating officer for Coca-Cola when he retired in 1993, has been named to the company’s board of directors after the soft drink manufacturer rewrote its…
Coke CEO Successor Race Begins
A former executive at Turner Broadcasting and current president of Coca-Cola is seen as having the inside track on replacing Doug Daft when he retires as the company’s chief executive…
Coke CEO Leaving Early
The chairman and CEO of Coca-Cola, Douglas Daft, has announced he is going to retire earlier than expected when he steps down at the end of the year.
GMDC Debuts Two New Programs
The General Merchandise Distributors Council will debut two new programs, The Showcase @ GMDC and The Online Conference Catalog at the General Merchandise Marketing Conference in June.
Site Tells Consumers How To Win iTunes
MacMerc.com is telling consumers that if they tilt a bottle of Pepsi with the iTunes promotion they can figure out whether they have a winner of a loser before making…
Kraft Banks On New Products
Kraft Foods is looking for new products such as a single-serve coffee maker and popular products reformulated without trans fats to boost its sales.
More Unhappy With Sears and Field’s
According to the American Customer Satisfaction Index, consumers are more happy with service in general but they are less happy with the Sears and Marshall Field’s department store chains.
Sears Adds Appliances To Hardware Stores
Sears announced it will begin selling appliances in all of its free-standing hardware stores.
Wal-Mart CEO Looks For Good ’04
Wal-Mart’s chief executive officer, Lee Scott, says he is more optimistic about 2004 than he has been in recent years.
Schlotzsky’s Expands Wi-Fi Program
Schlotzsky’s is expanding its program to offer free Wi-Fi access to customers because it increases the restaurant chain’s sales.
RFID To Fight Drug Counterfeiting
The Food and Drug Administration is promising to assist pharmaceutical companies in the world-wide adoption of radio frequency identification (RFID) technology to reduce the counterfeiting of prescription medications.
Sara Lee To Launch Single-serve Coffee Maker First
Sara Lee says it will beat Kraft Foods and P&G to market with a national launch of its Senseo single-serve coffee maker next month.
Parmalat Founder’s Kids Arrested
The son and daughter of Parmalat founder, Calisto Tanai, were among seven people arrested yesterday by Italian authorities. The two are accussed of siphoning off more than $900 million from…
Parmalat’s Founder Hospitalized
The founder of Parmalat, Calisto Tanzi, was rushed to a Parma hospital with an undisclosed cardiac problem.
Chain Store Sales Up
Milder weather and Valentine’s Day shopping are being given the credit for the 5.2 percent year-over-year increase in chain store sales for the week ending Feb. 14.
Loblaw To Keep Cutting Prices
Loblaw intends to take the savings it has realized from its cost-cutting measures to lower prices in its competition with Wal-Mart.
Dreyer’s Buys Haagen-Dazs Franchise
General Mills has agreed to sell the Haagen-Dazs ice cream shop franchise business to Dreyer’s Grand Ice Cream.