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Environmental Update: Whole Foods, Burger King, Fresh & Easy
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.
Whole Foods Rolls New Sustainable Packaging Guidelines
Whole Foods Market has rolled out new responsible packaging guidelines to all of its more than 2,100 body care and supplement suppliers company-wide. All new body care and...
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‘The Daily Wrap:’ 7-Eleven, Pizza Hut, Big Y
7-Eleven Makes Casey’s Bid
Convenience store retailer 7-Eleven has bid about $2.03 billion to purchase the Casey’s General Stores chain. Canadian convenience operator Alimentation Couche-Tard is trying to buy Casey’s in a slightly less lucrative hostile takeover attempt. Source: Chain Store Age
Pizza Hut Launches New Social Media Hub
For the first time ever, Pizza Hut will provide fans,...
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Top Retailers Lose $6B to Theft
Twenty-five major retailers lost more than $6 billion in 2009 to shoplifters and dishonest employees, according to new data from loss prevention consulting firm Jack L. Hayes International.
Total Apprehensions RiseTotal shoplifter and dishonest employee apprehensions increased for the fourth consecutive year, up almost 15% from the previous year, according to analysis from Jack L. Hayes.,...
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Consumers Cut Household Expenses
Consumers in the US and across the globe are reducing household expenses in a variety of ways, according to new data from The Nielsen Company.
On-sale Items Appeal to Cost-conscious Consumers
Among the top means consumers are using to reduce household expenses are:
Buying items on sale (a 57% global average). Using coupons (40%). Shopping at value retailers (37%), such as...Continue Reading »
‘The Daily Wrap:’ Burger King, Walgreens, Dunkin’ Donuts
3G Buys BK
Private equity firm 3G Capital has purchased public fast food chain Burger King for $4 billion. That figure equals 46% more than Burger King’s share value at the time of the deal. Source: CNN/Money
Walgreens Buys 18 ApothecaryRx Stores
Drugstore retailer Walgreens will acquire the assets of 18 ApothecaryRx pharmacies located in Colorado, Oklahoma, Minnesota, Missouri and Illinois....
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RetailWire Discussion: The Shopping Experience Gets a Tech-Up
Retailer Daily occasionally runs guest discussions on important industry issues from RetailWire. Today’s article, a guest column from RetailWire Editor-in-Chief George Anderson, examines how retailers are using IT to meet expanding expectations of the modern shopper.
By George Anderson
Consumers don’t like shopping in stores as much as they once did and that’s a problem for retailers with most...
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Environmental Update: Ikea, Albertsons, E-Waste
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.
Albertsons Installs Fuel Cell
A new Albertsons supermarket will be one of the first in California to generate nearly 90 percent of its electricity requirements with an on-site 400-kilowatt fuel cell. The project is estimated to cut...
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‘The Daily Wrap:’ Dollar General, Wal-Mart, Hannaford
Dollar General Increases Net Income by Half
Dollar store retailer reported net income of $141.2 million in Q2 fiscal 2010, a 51% year-over-year increase. Dollar General also grew gross margin, operating profit and same-store sales. Source: Dollar General
Wal-Mart Canada Pushes Private Label
Wal-Mart Canada is giving its private label fashion range George a revamp and retrofitting the apparel...
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Mature Consumers Appreciate Brand Daring
A growing audience of experienced, less-easily shocked, outspoken consumers appreciate brands that are a little bit more daring and outspoken, according to consumer insights firm trendwatching.com.
The Rise of ‘Maturialism’trendwatching.com has dubbed this growing consumer trend “Maturialism.” According to trendwatching.com, consumers of today no longer tolerate being treated like...
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‘The Daily Wrap:’ Ikea, Best Buy, Johnny Rockets
Ikea Expands in China
Home furnishing retailer Ikea, which is speeding up its expansion in China, plans to open four new stores across the country during the next two years. Ikea will open its second store in Shanghai next year and open locations in Tianjin and Wuxi, as well as its second store in Beijing, in 2012. Source: China Daily
Best Buy Names Chief Design Officer
Consumer electronics...
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