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‘The Daily Wrap:’ Home Depot, Amazon, Starbucks
Home Depot Springs Black Friday Sale
Home improvement retailer The Home Depot is running “Spring Black Friday,” a weekend of regional door-buster sales, starting Thursday, March 18, 2010 in southern and western states and at a later date in cooler parts of the country. Sale assortments will vary by local geography and customer preference. Source: The Home Depot
Amazon Releases Kindle for...
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Dunkin’ Donuts Adds 351 Global Stores - Update
Coffee retailer Dunkin’ Donuts opened a net of 351 new stores during 2009. This total includes 171 net new U.S. restaurants.
Dunkin’ Donuts Focuses on Nat’l Franchise ExpansionOf Dunkin’ Donuts’ net 171 new U.S. stores, 131 were new signed franchise commitments. The Massachusetts-based retailer is seeking to expand beyond its New England stronghold, and 90% of its new stores are...
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Consumers Don’t Strongly Identify with Brands
Although consumer demand for quality brands and products remains strong, consumers generally do not strongly identify with brands, according to global video interviews conducted by consumer insights firm trendwatching.com.
Brands Not Seen as Caring
When asked “what brands care about you?,” not a single global consumer said they believed any brand cared about them, except as a source of profit....
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‘The Daily Wrap:’ Radio Shack, Best Buy, Starbucks
Private Equity Firm Considers Buying Radio Shack
Private equity firm Apollo Management and at least one other unnamed private equity company are rumored to be considering a purchase of consumer electronics retailer Radio Shack. Neither Apollo or Radio Shack has commented. Source: Fort Worth Star-Telegram
Best Buy Readies On-Demand Video
Consumer electronics retailer Best Buy is preparing to...
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Retailers See Green
A review of the top five retailers on the EPA’s Green Power Partnership list, representing companies which work with EPA to purchase renewable energy, shows that retailers across a variety of verticals are pursuing substantial environmental sustainability efforts. The most recent list, released January 5, 2010, contains representatives from the department store, supermarket, discount,...
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‘The Daily Wrap:’ Starbucks, Wal-Mart Canada, Tim Hortons
Starbucks to Expand in UK Service Stations
Coffee retailer Starbucks will open stores in UK service stations in a partnership with UK service station operator Welcome Break. Starbucks plans to open 29 service station outlets in the next 16 months, with the first two scheduled to open by the beginning of April 2010. Source: Marketing Magazine
Wal-Mart Canada Plans 35-40 New Supercenters
Walmart...
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‘The Daily Wrap:’ Gap, Wal-Mart, Starbucks
Gap Launches Denim Lifecycle Strategy
Department store retailer Gap is attempting to capture customers’ denim business from birth onward with the launch of a new denim collection especially for its babyGap banner, with infant and toddler jeans styled to look like adult jeans. A premium denim line launched last year for adults has proven successful. Source: BNet
Wal-Mart Enters Concert Tix...
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‘The Daily Wrap:’ Wal-Mart, McDonald’s, MobileCoupons
Wal-Mart Imposes Supply Chain Deadlines
Discount retailer Wal-Mart is imposing new deadlines and strict penalties on its suppliers to help ensure deliveries do not come early or late. Transportation carriers are offering special assistance to Wal-Mart suppliers to meet the new regulations. Source: Journal of Commerce
McDonald’s Reduces Japanese Store Count
McDonald’s Japan, a 50%-owned...
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‘The Daily Wrap’: Best Buy, Costco, Ann Taylor
“The Daily Wrap” offers a roundup of the day’s biggest retail industry headlines. Following are some news items you may be interested in checking out.
Best Buy Plans Magnolia Design Center Concept
Consumer electronics retailer Best Buy is launching a new Magnolia design center store-within-a-store concept on February 26, 2010 in a Costa Mesa, CA store. The new design center is geared...
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Seattle’s Best Pursues National Expansion
Coffee retailer Seattle’s Best Coffee is adding 10 new franchisees in an effort to expand its 550-store brand across the U.S. New franchise stores are slated to open in states including California, Illinois, New York and Texas.
To help drive franchise growth, Seattle’s Best has appointed two executives to oversee the expansion process. Michelle Gass, a veteran executive of Seattle’s Best...
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