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‘The Daily Wrap:’ KFC, Starbucks, Best Buy
KFC Revamps Col. Sanders
Fast food chicken retailer KFC is trying to revamp its logo, an image of founder Col. Harland Sanders, in the wake of statistics showing 60% of 18-to-25-year-olds cannot identify him. KFC is launching a promotional campaign on a variety of online social networks that includes a contest to create a new sketch of Sanders. Source: USA Today
Starbucks Changes Drive-thru...
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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:’ PetSmart, Whole Foods, Giant Eagle
PetSmart Debuts in Manhattan
Specialty pet supply retailer PetSmart is opening its first two Manhattan stores later this year. One store will open August 21, 2010 and one will open in November 2010. Source: PetSmart
Whole Foods Grows Quarterly Sales
Specialty organic supermarket retailer Whole Foods increased Q2 2010 sales 15%, to $2.2 billion. Comparable store sales increased 8.8%, or 6.3% on...
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‘The Daily Wrap:’ Kroger, Whole Foods, Smashburger
US Bank Purchases Kroger Credit Cards
U.S. Bank has acquired supermarket retailer Kroger’s existing credit card portfolio from RBS Citizens N.A., a unit of Royal Bank of Scotland. The portfolio includes funds from Kroger’s personal finance products, including, credit monitoring, identity theft protection, gift cards, money services, pet insurance, credit cards and prepaid debit cards. Source:...
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‘The Daily Wrap:’ Macy’s, Gap, Kroger
Localization Drives Macy’s Growth
Upscale department store retailer Macy’s is crediting is MyMacy’s merchandise localization initiative with driving strong fiscal Q1 2010 results. Macy’s plans for this year include integrating the macys.com and bloomingdales.com websites and opening new formats and international locations of its Bloomingdales luxury banner. Source: Macy’s, Inc.
Cost, Convenience Dictate Retailer Renewable Energy Purchases
Retailers prefer to purchase convenient and relatively inexpensive forms of renewable energy, according to the findings of the “Enterprise Renewable Energy Adoption Survey.”
Retailers Pursue Solar, Wind Projects
The most popular kind of purchased renewable energy among retailers, solar (75% purchase rate), is probably the most commonly known and...
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‘The Daily Wrap:’ Amazon, Sears, Gymboree
Amazon Confirms 1-Click Patent
Following a four-year re-examination, the U.S. Patent Office is confirming online retailer Amazon.com’s patent on its single-click purchase technology. The patent, set to expire in 2017, has been challenged by multiple parties since it was initially filed in 1997. Source: TechFlash
Sears Spreads Mygofer Pilot
Broadline retailer Sears is expanding the pilot of...
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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:’ McDonald’s, Wal-Mart, Whole Foods
McDonald’s Tests Oatmeal
Fast food chain McDonald’s is piloting a $1.99 maple brown sugar oatmeal breakfast menu item at stores in Maryland and Washington, D.C. Coffee chain Starbucks had success launching a similar product in fall 2008. Source: AdvertisingAge
Wal-Mart Offers $3 Kids’ Books Online
Discount retailer Wal-Mart is offering select children’s books for as low as $3 online,...
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