Subscribe to Retailer Daily
Archives » Promotions
‘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....
Continue Reading »
‘The Daily Wrap:’ Burger King, Amazon, Bashas’
Burger King Said to Hold Buyout Talks With 3G Capital
Fast food retailer Burger King Holdings, Inc. is reportedly in talks with 3G Capital about a buyout. The public company could potentially improve troubled relations with its franchisees and differentiate itself from chief competitor McDonald’s by selling its business to a private equity firm. Source: Bloomberg
Amazon Plans New...
Continue Reading »
Retail Email Volume Grows 8% Annually in August
Top online retailers sent each of their subscribers 2.6 promotional emails on average during the week ending August 27, 2010, according to Chad White, research director at Responsys and author of the Retail Email Blog. That’s down 8% week-over-week, down 3% from where it was four weeks ago, and up 8% year-over-year.
Except for a notable spike during the week ending August 20, when top online...
Continue Reading »
‘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...
Continue Reading »
‘The Daily Wrap:’ Blockbuster, Kroger, Borders
Blockbuster Bankruptcy in Works Could Shut 800 Stores
According to several published reports quoting sources familiar with the situation, struggling media entertainment chain Blockbuster will enter a “pre-planned” bankruptcy in mid-September 2010 that will allow it to restructure a debt load of nearly $1 billion, as well as escape leases on 500 to 800 of its worst-performing brick-and-mortar...
Continue Reading »
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...
Continue Reading »
‘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...
Continue Reading »
‘The Daily Wrap:’ B&N, Target, Wal-Mart
Barnes & Noble Digital Sales Improve
Book retailer Barnes & Noble, Inc. increased e-commerce sales by 42% in Q1 fiscal 2011. This performance helped drive a 21% increase in total sales for the quarter. Source: Barnes & Noble, Inc.
Target Launches Electronics Services
Discount retailer Target Corporation is introducing three new consumer electronics services that will provide guests with an...
Continue Reading »
Dollar Stores Pursue Growth
What many economists describe as the “new normal” of consumer frugality has been beneficial to the dollar store vertical. Leading players Dollar General and Family Dollar have both been pursuing growth and reporting impressive same-store sales increases as the poor economy has negatively impacted many other major retail chains.
Family Dollar Expands Assortment, Spreads the WordFamily Dollar...
Continue Reading »
‘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...
Continue Reading »