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‘The Daily Wrap:’ Dunkin’ Donuts, Sears, Toys R Us
Dunkin’ Donuts Opens 338 New Stores
Dunkin’ Donuts quickened the pace of new store openings this year, with 338 net new locations unveiled worldwide during the first six months, compared with just 175 new shops during the same period last year. Source: Boston Globe
Sears Unveils Craftsman Experience
Broadline retailer Sears Holdings Corporation is opening its first interactive “Craftsman...
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6 in 10 North American Consumers Buy More Private Label
Sixty percent of North American consumers purchased more private label goods in Q1 2010 due to the economic downturn, according to new data from The Nielsen Company.
North America Ties Global Average
The percentage of North American consumers increasing their private label purchases matched the global average for Q1 2010, and also matched the percentage in Asia-Pacific....
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‘The Daily Wrap:’ Nordstrom, Blockbuster, Gap
Nordstrom Net Earnings Rise 38%
Luxury retailer Nordstrom, Inc. reported a 38.6% increase in its Q2 fiscal 2010 net earnings. Other quarterly results included a 12.7% net sales increase and 8.4% boost in same-store sales. Source: Nordstrom, Inc.
Blockbuster Revenues Decline 20%
Media entertainment retailer Blockbuster Inc. reported a 19.6% decline in total revenues during Q2 fiscal 2010. Net...
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Environmental Update: Sainsbury’s, Venus Group, Mitsubishi
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.
Sainsbury’s Cuts Packaging by 75% for Milk Products
Sainsbury’s is set to become the first retailer in the UK to launch a full range of milk products packaged in plastic bags, which use 75 percent less packaging than equivalent...
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‘The Daily Wrap:’ Blockbuster, Wal-Mart, Quiznos
Blockbuster Adds Games to Mail Service
Media entertainment retailer has added video games to its rental by mail service. Blockbuster says it is now the first entertainment company to offer rentals of games, movies, and TV shows for home delivery through a single subscription service. Source: Blockbuster, Inc.
Appeals Court Dismisses Objection to Wal-Mart Employees Wage and Hour Settlement
The...
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‘The Daily Wrap:’ McDonald’s, SmartCo, KaBloom
McDonald’s Will Upgrade Wal-Mart Locations
Fast food retailer McDonald’s plans to upgrade 939 of its restaurants located inside Wal-Mart stores to boost lagging sales and profits. McDonald’s proposal would add fruit smoothies and frappes to these stores, as well as upgrade store technology. Source: Dow Jones
SmartCo Eyes CA, AZ Expansion
Non-membership warehouse grocery retailer Smart &...
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‘The Daily Wrap:’ CKE, Borders, Blockbuster
Equity Firm Completes CKE Buyout
Columbia Lake Acquisition Holdings, an affiliate of Apollo Management VII LP, has completed its estimated $694 million acquisition of CKE Restaurants, Inc., which runs the Carl’s Jr. and Hardee’s fast food chains. CKE operates and franchises 3,141 restaurants in 42 states. Source: Business Week
Borders Sells UK Subsidiary
Book retailer Borders Group has...
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‘The Daily Wrap:’ Staples, Shaw’s, McDonald’s
Staples to Close Corporate Express Australia Acquisition
Office supply retailer Staples Inc. expects to close its acquisition of Corporate Express Australia on July 26, 2010. Its wholly-owned subsidiary Staples Australia currently owns a 92% stake in the company. Source: Staples Inc.
Shaw’s Resolves Strike
Supermarket retailer Shaw’s has resolved a four-month strike at a distribution...
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Email Drives Consumer Purchases
Half of U.S. consumers have made an in-store or telephone purchase after receiving a promotional email, according to a new study from digital marketing firm e-Dialog.
6 in 10 Global Consumers Make Offline Purchase Due to Email
Results of “Global Perspectives” indicate that 58% of consumers worldwide have made an in-store or phone-based purchase as a result of a promotional email. In the...
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‘The Daily Wrap: Family Dollar, Walgreens, Red Lobster
Family Dollar Boosts Sales
Discount retailer Family Dollar increased its sales during Q3 2010 by 8.4% and comparable store sales by 7%. Family Dollar said the comparable store sales increase was due to increased customer traffic, as average transaction value remained flat. Source: Family Dollar Stores, Inc.
Walgreens to Test Chilled Foods this Fall
Drugstore retailer Walgreens will conduct a...
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