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Wal-Mart to open 100 more stores in China by 2015
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Wal-Mart Stores Inc. plans to open 100 more stores in China and create 18,000 jobs there over the next three years in a bid to boost its presence in China's booming but highly competitive hypermarket sector. Wal-Mart, which has 370 stores and over 100,000 employees in China, was a pioneer in the market, but now faces much greater competition from Britain's Tesco Plc. , Germany's Metro AG, France's Carrefour and domestic firms, as well as a slowing economy. More



There are iPads, iPods and Macs all over Aeropostale's cool new prototype store
Business Insider    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Aeropostale recently unveiled its brand new prototype store that's supposed to propel the brand into the future. The teen retailer's goal is to spark an "emotional connection" with consumers, reports Sharon Edelman at Women's Wear Daily. It's pretty high-tech too. There are iPods in fitting rooms so that people can personalize the music while they're trying things on. Apple desktops and iPads are throughout the store for customers to use to scan products and see reviews. The iPads have a build-your-own-outfit guide too. More

Restoration Hardware IPO to raise about $120 million
Chain Age Store    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Restoration Hardware Holdings Inc. is expected to raise about $120 million from its Initial Public Offering, should it sell the 5.2 million shares at between $22 and $24 each that the retailer said it is expecting to sell. More

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Survey: Shoppers to boost holiday spending, hunt for deals
Los Angeles Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Holiday shoppers will be spending a little more this year, but they'll be disciplined and won't hesitate to go online for better deals, according to an annual Accenture consumer survey. Consumers expect to spend an average of $582 on holiday shopping, the survey found, and nearly 25 percent of shoppers plan to drop more than $750. About half of those surveyed expect to increase their spending by $250 or more from last year. But most shoppers remain careful, with only 8 percent indicating they would "splurge." More

Insurers head to the malls for customers
Star Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Shoppers who hit the nation's malls in coming months can add another item to their shopping lists — health insurance. As health reform efforts move toward letting consumers comparison-shop for coverage, insurance companies are diving into the world of retail, starting with low-cost, temporary "pop-up" stores timed to coincide with open-enrollment season. More


Hunzicker Brothers: Your Lighting Partner

As your commercial lighting specialist, we will provide you with the highest quality and energy efficient products for maintenance, relamp, special projects, and remodels. MORE
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Nothing promotes your business like the sign which identifies it. We offer a full line of in house manufacturing from pylon and monument signs, to iluminated channel letters and large format digital printing. MORE


Calvin McDonald: Reviving Sears Canada one step at a time
The Globe and Mail    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Calvin McDonald wouldn't even shop at Sears. Indifferent to its offerings, he was far from alone among Canadian consumers to bypass the stores. But he wasn't just any would-be customer: At the time, he was being recruited to take the reins at the ailing department store retailer. More

Walmart commits to scale sustainability of global supply chain
GreenBiz.com    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Retail giant Walmart announced new commitments which the company says will increase the sustainability of its supply chain in China, the U.S. and around the world. The world’s largest retailer — which operates a chain of big-box stores around the globe known for deep discounts — is placing China at the center of its plans to fund research focused on sustainable business and supply chains, as well as to increase the standards of its sourcing and product design. More



More shoppers buy groceries in dollar stores
Retail Traffic    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Most dollar store chains have been increasing their grocery offerings in the past few years in the hope of stealing shoppers away from supermarkets and the move seems to be paying off. Supermarket News reports that the percentage of shoppers who have bought groceries at dollar stores has grown three percentage points in the last 12 months, to 35 percent from 32 percent. More

Selective

Since 1926, Selective has been providing retail stores with the insurance solutions they need.  We know, Response is everything®, and we'll prove it to you when you work with us.  Selective offers a wide range of insurance solutions for you.
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Judge sets early hearing for $7.2 billion card-fee settlement
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A federal judge has set an expedited schedule for objectors to weigh in against a proposed $7.2 billion settlement between merchants and credit-card giants Visa Inc. and Mastercard Inc., giving opponents less time than expected to fight against initial approval of the potentially historic pact. More

Stein Mart ramps up store count with 7 new and improved sites
Home Textiles Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Stein Mart is expanding in existing markets this fall with the opening of seven new and relocated units. Together, these seven sites bring Stein Mart's total store count to 263 by yearend. More


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Barnes & Noble warns of credit card, debit theft at 63 of its bookstores
Chicago Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
If you really want to be safe, you might be better off using cash for those quick purchases. Barnes & Noble Inc. said that customers who shopped at 63 of its stores — including seven in the Chicago area — may be victims of thieves who took credit or debit card information in what the bookstore chain called a "sophisticated criminal effort," the latest reminder of how crooks can steal consumers' financial information. More



Office Depot, Staples, Marks & Spencer make top 10 in Newsweek Green Rankings
Green Retail Decisions    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Office Depot and Staples – made it into the top 10 U.S. companies on the 2012 Newsweek Green Rankings, while Marks & Spencer is the sole retailer to make it onto the top 10 global list. More

Canadian mall owners order facelifts to attract more foreign merchants
The Globe and Mail    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Shopping centre owners in Canada are pouring billions of dollars into their properties to prepare for the next wave of foreign retailers, betting the investments will woo shoppers and win new business. More

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IKEA to move to clean energy by 2020, protect forests
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
IKEA, the world's largest furniture retailer, will shift to renewable energy by 2020 and grow more trees than it uses under a plan to safeguard nature that has won support from environmentalists. The Swedish-based group, which wants to build on many customers' desire for a greener lifestyle, also said it would limit sales by 2016 to energy-efficient products including induction cookers and LED light bulbs. More


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Data: Sales growth forecasts edge up
Retail Week    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Retail sales growth expectations in the coming months have been edged up but are still expected to come in below historic averages. Although official data showed a higher than expected rise in retail sales of 3.2 percent year-on-year in September, that likely reflects one-off factors such as the launch of the iPhone 5. More



Supervalu shares surge as buyout news intensifies
Bloomberg via The Pioneer Press    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Supervalu shares saw their largest single-day gain in more than three decades after a JPMorgan Chase analyst upgraded the company's bonds on the possibility of a buyout. The shares advanced 45 percent to $3.17 on Oct. 22, the biggest gain since at least 1980. The Eden Prairie-based grocery company's shares have declined 61 percent this year. More


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Colby Horton, Vice President of Publishing, 469.420.2601
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Yvette Craig, Senior Content Editor, 469.420.2603   
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