DSN Retailing Today articles from September 2003

DSN Retailing Today archives from September 2003

Home Depot to open first Manhattan site.
September 22, 2003... NEW YORK -- Six years of searching for the right site came to fruition recently when The Home Depot announced a location for its first Manhattan store, bringing the latest version of the retailer's small-format urban concept to one of the...

TRU's Geoffrey concept turns one; new retailtainment store strategy catching on quick.(Toys "R" Us)
September 22, 2003... PARAMUS, N.J. -- It's been only a year since Toys "R" Us opened its first Geoffrey Store, but the new concept has already taken on a life of its own. This month, the retailer opened 17 new Geoffrey's Toys "R" Us stores in four test markets...

ShopKo initiates store remodeling plan.
September 22, 2003... NEENAH, WIS. -- ShopKo stores are getting a new look inside and out as the company exits a long period of transition and enters what appears to be the beginning of a modest growth phase. ShopKo stores have long borne a red, white and blue...

AHMA board elects new president and ceo.(Market Watch)(American Hardware Manufacturers Association elects Timothy Farrell)(Brief Article)
September 22, 2003... SCHAUMBURG, ILL. -- The board of directors of the American Hardware Manufacturers Association (AHMA) announced the election of Timothy Farrell as president, ceo and secretary of the organization. Timothy will take over for current president...

Krispy Kreme to delight Wal-Mart shoppers.(Market Watch)(Brief Article)
September 22, 2003... CHARLOTTE, N.C. -- As part of a test with Wal-Mart, Krispy Kreme Doughnuts plans to open one of its doughnut-making retail stores within a Wal-Mart Supercenter in Mount Airy, N.C., according to a Dow Jones report. The 1,800-squarefoot...

Costco gets political in California.(Market Watch)(worker's compensation reform sought)(Brief Article)
September 22, 2003... SACRAMENTO, CALIF. -- Officials from Costco this month delivered a petition with 150,000 signatures gathered from customers to California Governor Gray Davis calling for the state to overhaul its bloated worker's compensation system. Costco...

Target touts Mizrahi with NYC debut.(Isaac Mizrahi)
September 22, 2003... NEW YORK -- Once again, Target has created a buzz with a New York City-based marketing blitzkrieg. The company has set up a temporary shop in Rockefeller Center, in the middle of the island of Manhattan. The store, which is across the street...

Deflation presents challenge for retailers.
September 22, 2003... NEW YORK -- Unpredictable weather patterns, the whims of consumers and gyrations in the nation's economy have been known to exert tremendous influence on retailers' quarterly results. This year, a cool, wet spring delayed sales of...

Wal-Mart seeks a vote on California store.(Inglewood)
September 22, 2003... INGLEWOOD, CALIF. -- Wal-Mart has launched an initiative to let voters decide whether they want a new store built in the Southern California city of Inglewood. Wal-Mart is making the unusual move to counter local opposition that once again...

Factory Card & Party sees slight increase.(Financials)(Brief Article)
September 22, 2003... Factory Card & Party Outlet, a retailer of party supplies, greeting cards and gift wrap, reported second quarter sales totaled $59.8 million, compared with last year's $59.7 million. Net income for the period totaled $2.1 million, or $1.40...

Good Guys post not-so-good numbers.(Financials)(Brief Article)(Illustration)
September 22, 2003... The Good Guys recently announced net sales for the second quarter were $152.2 million compared to $177.5 million in the same period last year. For the six months, net sales were $295.5 million compared to $348.5 million in the same period...

Major indices.(Financials)(Brief Article)(Illustration)
September 22, 2003... MAJOR INDICES Close Close Net % 8/27/03 9/10/03 Change Change S&P 500 (GSPC) 996.79 1010.92 14.13 1.42% Dow Jones Industrial Average (DJI) 9333.79 9420.46 ...

Insider trades.(Financials)(Brief Article)
September 22, 2003... STOCKS BOUGHT Publix Super Markets: Sherrill Hudson, director, bought 500 shares on Aug. 27 at $42.25, now owns 1,500 shares. Kmart: Janet Kelly, senior vp, bought 34,218 shares on Sept. 3 at $29.23, now owns 34,218 shares. ...

Wal-Mart practices catch on at Carrefour.
September 22, 2003... NEW YORK -- As the world's second largest retailer looks to improve its financial performance, France-based Carrefour has employed several of the business practices associated with helping Wal-Mart become the world's largest retailer. ...

Best Buy unveils new small-market prototype.
September 22, 2003... NATIONWIDE DSNRT REPORT -- Deep in the heart of Texas is a new prototype from Best Buy that is built to serve markets too small to support the company's typical 45,000-square-foot stores. Two of these units have been operating as test sites...

Albertsons earnings soft but gaining strength; recent adjustments by supermarket combo-store leaders garner industry attention, pique interest on Wall Street.
September 22, 2003... BOISE, IDAHO -- Albertsons took a hit in its second quarter earnings, but Larry Johnson, chairman and ceo, said the strategic investments and initiatives it had put into place were taking hold and making the supermarket chain a more effective...

U.S. retail, foodservice remain Ahold priority.
September 22, 2003... ZAANDAM, NETHERLANDS -- It would appear that Ahold will remain a significant presence after all in the United States, both in the retail and foodservice industry. During a tumultuous couple of weeks, the company affirmed that it would keep...

Seiyu adopts Wal-Mart's U.S. characteristics.
September 22, 2003... NEW YORK -- Sweeping changes are taking place at Japanese retailer Seiyu as the Tokyo-based company that Wal-Mart invested in 18 months ago looks to restore profitability and achieve growth in Japan's fragmented retail market. People...

Three factors that will drive growth.(Editorial)
September 22, 2003... Two years after the tragedy of September 11, total retail sales continue to waver as does consumer confidence--both unable to sustain growth momentum. Retailers are desperately searching for strategies that will generate incremental...

The planets have aligned in Sears' favor.(Viewpoint)(Column)
September 22, 2003... With back-to-school behind us and the holidays just ahead, early fall is probably best known as the quiet before the 4Q storm. But if this is the time for quiet holiday preparation, someone forgot to tell Sears. After having read our...

Washington aims to join the fight against retail theft.(Guest Column)(Column)
September 22, 2003... Retailers who complain about federal over-regulation, bureaucratic rigmarole and relentless taxation may soon have reason to actually welcome more involvement in their businesses by Washington. It seems the Feds are becoming increasingly...

Smoother invoice deductions can cut costs.(Guest Column)(Column)
September 22, 2003... Every year, retail manufacturers spend millions of dollars processing and reconciling unauthorized invoice deductions from customers who withhold large sums at bill-paying time for seemingly arbitrary reasons. Left unchecked,...

Linens 'n Things' initiatives enhance position.(Retail profile: home goods)(Company Profile)
September 22, 2003... After more than a year of pursuing merchandising initiatives designed to improve the shopping experience for its customers, Linens 'n Things is seeing a significant payoff that has improved in stocks, boosted results, buoyed the share price...

Nike has completed its acquisition of Converse, purchasing 100% of the equity shares for about $305 million.(Retailer News)(Brief Article)
September 22, 2003... Nike has completed its acquisition of Converse, purchasing 100% of the equity shares for about $305 million. Converse adds a classic twist to Nike Inc.'s brand portfolio, which includes the forward-looking Nike brand, high-end Cole Haan name...

Chico.(CEO Scott Edmonds appointed)(Executive News)(Brief Article)
September 22, 2003... Chico's FAS just promoted Scott Edmonds to the position of ceo. Edmonds was formerly president and coo of the specialty retailer and had been in various positions at the company since 1993, when he started as operations manager. The company...

Another specialty retailer, Hot Topic, has named Jerry Cook its new president.(Executive News)(Brief Article)
September 22, 2003... Another specialty retailer, Hot Topic, has named Jerry Cook its new president. His former responsibilities focused on real estate, but will now additionally include buying, allocation and planning. Hot Topic's plus-size sister division,...

Fashion-forward denim push is paying off.(apparel & accessories)
September 22, 2003... Once singing the blues about poor men's denim sales, retailers and their vendor partners are very pleased with current performance. After last year's slump of 5.1%, according to NPD Group research, this back-to-school is showing welcome signs...

Mod.(What's hot: young women's clothing)(Brief Article)
September 22, 2003... They may not know the watusi or the pony, but young missy and juniors customers are ponying up some serious cash for mod looks. From apparel to accessories, to footwear, to eyeliner, this look is hotter-than-hot. "Mod looks are a major...

WMT, Sara Lee stock new line.(Wal-Mart, Hanes Her Way At Home)(apparel & accessories)(Brief Article)
September 22, 2003... Taking mass-market class to new heights, a new Wal-Mart Stores exclusive, Hanes Her Way At Home, brings discount shoppers top-notch quality at incredible price points. It is one of the brands changing the way customers shop the mass...

Expanding plus-size range grows sales.(apparel & accessories)(Brief Article)
September 22, 2003... Big and tall shops have been a boon to Sears, and plus-size apparel has been a positive for JCPenney, but few stores offer true extended plus sizes. As a result, offering women's clothing sizes 28 to 38 gives its purveyors an advantage in the...

Cabela.(Retailers News)(opens ninth store in Tilden Township, Pennsylvania)(Brief Article)
September 22, 2003... Cabela's has extended its reach eastward with the opening of its ninth store last week in Tilden Township, Pa., about an hour northwest of Philadelphia. Thanks to features such as a 55,000-gallon aquarium and a deer museum, Cabela's expects...

Dick's Sporting Goods.(new private label golf club line in 2004)(Retailers News)(Brief Article)
September 22, 2003... Dick's Sporting Goods will begin selling a new line of private label golf clubs next year, according to chairman and ceo Ed Stack. Speaking to investors earlier this month at the 10th annual Goldman Sachs Global Retailing Conference Stack...

Callaway Golf Company acquired bankrupt Top-Flite Golf Company earlier this month for $174.4 million.(Vendor News)(Brief Article)
September 22, 2003... Callaway Golf Company acquired bankrupt Top-Flite Golf Company earlier this month for $174.4 million. The deal was attractive to Callaway because it included Top-Flite's manufacturing facilities as well as the Ben Hogan and Strata Brands. We...

Low-impact fitness has big impact on sales.(hardlines: equipment)(Industry Overview)
September 22, 2003... There may be fewer people who exercise regularly than there were a decade ago, but those who do work out frequently are fueling the continued growth of the fitness equipment industry. Last year, there were roughly 51 million people who...

Porta-grills.(what's hot: Cadac America's Safari Chef)(Brief Article)
September 22, 2003... Americans are always looking for a new way to cook, as evidenced by their willingness to buy the latest kitchen product. Grills are now commonplace in many sporting goods chains, and with family camping consistently one of the most popular...

Military toys defend shelf space.(Toy Update)(Brief Article)
September 22, 2003... The U.S. military's actions overseas have been a staple of TV news for nearly two years, and they've had an effect on toy sales. Military action figures flew off shelves during the holidays in 2002 and are likely to have another solid season...

Early 4Q estimates show flat toy sales.(hardlines)(Brief Article)
September 22, 2003... Retailers hoping for a long-awaited spike in toy sales this fall may have to wait another year, according to one analyst who expects fourth quarter sales to remain flat. Toy industry analyst Chris Byrne said his research indicates toy...

Hudson's Bay Co.(Retailer News)(to add label from Canadian interior designer Brian Gluckstein to its lineup of home goods brands)(Brief Article)
September 22, 2003... Hudson's Bay Co. has added a label from Canadian interior designer Brian Gluckstein to its lineup of home goods brands. The retailer will introduce GlucksteinHome in spring 2004 at all 93 of its Bay department stores, with 16 stores also...

Ikea.(Retailer News)(broke ground on its first store in Connecticut)(Brief Article)
September 22, 2003... Ikea has broken ground on its first store in Connecticut in September as well as a replacement unit in Houston in August. The Connecticut store, in New Haven, will cover 306,000 square feet near the interchange of the I-95 and I-91 highways....

The Bombay Company.(Retailer News)(reported comparable-store sales gain of 18%)(Brief Article)
September 22, 2003... Despite taking a sales hit in the northeastern United States and Ontario, Canada, due to the recent and wide-reaching blackout, The Bombay Company reported a comparable-store sales gain of 18% for the four-week period ended Aug. 30. Total...

It's official: mass stakes claim in RTA.(ready to assemble)(home goods & housewares)(Industry Overview)
September 22, 2003... With Wal-Mart cited recently in a report as the top seller of furniture in the United States and Sam's, Costco and Big Lots all appearing in the top 25, a shift that has been underway on home retailing is confirmed. The mix is changing, the...

Decorative lamps.(what's hot)(Ott-Lite Technology adds reading room series of lamps)(Brief Article)
September 22, 2003... Lamps have become a hot decorative accessory with new designs and illuminations making them even more popular. The. multi-head lamp, called Medusa in Target's Todd Oldham collection, has appeared in stores across the mass market. Wal-Mart...

Thalia makes foray into home.(home goods & housewares)(Brief Article)
September 22, 2003... Thalia is a hot presence--and not only on the MTV Music Awards or in Kmart's apparel section. Her new label includes a substantial collection of domestics designed to boost Kmart's appeal to Hispanic consumers. While some retailers have...

Martha Stewart tiptoes into Canada.(home goods & housewares)(Brief Article)
September 22, 2003... Sears Canada finally decided to make a splash with its Martha Stewart Everyday introduction, holding a celebratory Sept. 8 press conference. Yet, that occurred only after a cautious soft rollout and careful monitoring of consumer response to...

7-Eleven will get into DVD sales in the fourth quarter when it begins carrying a selection of hit holiday titles in thousands of stores.(Retailer News)(Brief Article)
September 22, 2003... 7-Eleven will get into DVD sales in the fourth quarter when it begins carrying a selection of hit holiday titles in thousands of stores. The 5,300-store chain tested DVD sales in stores last year as did rival Circle K.

Nintendo of America.(Game Boy Advance console sales)(Vendor News)(Brief Article)
September 22, 2003... Nintendo of America has announced that it's sold more than 15 million units of its Game Boy Advance hand-held console. The portable game console debuted in June 2001 and currently sports over 400 game titles.

Sony Computer Entertainment.(game combination package)(Vendor News)(Brief Article)
September 22, 2003... Sony Computer Entertainment has introduced a new combo package that will sell a Playstation 2 console, a Son: Network Adaptor and a copy of "ATV Offroad Fury" for $199. Sony will offer the package through the holidays and support it with TV...

Forrester Research.(report news)(Industry News)(Brief Article)
September 22, 2003... A report from Forrester Research entitled "From Discs to Downloads" predicts video-on demand will begin cutting into DVD sales and rentals within five years.

Tim Rothwell, a longtime executive with Universal Studios Consumer Products, left the studio last month to join Marvel Enterprises.(Executive News)(Brief Article)
September 22, 2003... Tim Rothwell a longtime executive with Universal Studios Consumer Products, left the studio last month to join Marvel Enterprises. Rothwell will serve as president of Marvel's worldwide consumer products group and oversee licensing and...

Avalanche of TV box sets coming this fall.(ce & entertainment)(consumer electronics)
September 22, 2003... Television product has emerged as the fastest-growing genre in DVD and studios are timing the release of dozens of new TV box sets this fall for holiday shoppers. The lineup will feature the debut of contemporary hits like "The West Wing" and...

Limited-play DVD.(what's hot)(Brief Article)
September 22, 2003... Taking a cue from the opening credits of "Mission: Impossible" and its self-destructing tape, Buena Vista Home Entertainment is limited-play DVD that becomes unusable after 48 hours. The company rolled outs its new EZ-D disposable DVD on...

Festive holiday DVDs on the way.(ce & entertainment)
September 22, 2003... DVD titles with a holiday theme often get lost in the deluge of fourth quarter product offerings, but there are a few high-profile releases this year that stand out from the crowd. Buena Vista Home Entertainment has the 2002 hit "The...

Safeway.(Retailer News)(Brief Article)
September 22, 2003... Banking at the supermarket has become increasingly common, with more retailers adding financial services. The latest is Safeway, which will open 163 full-service banks in California, Arizona and Nevada Safeway or Vons stores over the next two...

Delhaize Group.(Retailer News)(Brief Article)
September 22, 2003... Delhaize Group's purchase of 43 Harveys supermarkets in Georgia and Florida adds another nameplate to the retailer's portfolio while filling in a geographic area where Food Lion, the largest U.S. Delhaize division, had a limited presence. The...

Nash Finch.(Retailer News)(Brief Article)
September 22, 2003... The second market for a Hispanic food format operated by Nash Finch opened earlier this month in Chicago. The Avanza concept, which debuted in May 2002, had previously consisted of four stores located in the Denver market. Ethnic formats have...

Private label keeps nibbling at food share.(food & consumables)
September 22, 2003... As would be expected, the biggest brands making a splash in food retailing this past year include Kraft, ConAgra, Unilever and a whole host of other top-tier names. But, to the surprise of many, the names gaining more and more shelf space are...

Super-mega-size.(what's hot)(Brief Article)
September 22, 2003... Credit the club phenomenon or consumers' demand for greater value, but family or value packs in food are becoming increasingly common. Cereal has been a hot testing ground for this trend, with double, triple and extra-large packs...

Safeway refocuses on EDLP.(food & consumables)
September 22, 2003... Change or perish has become the mantra for traditional supermarket operators recently in the face of a sluggish economy and tougher competition from alternative food formats, including supercenters, clubs and dollar stores. Recognizing...

Lay's cuts the fat with new chip.(food & consumables)(Brief Article)
September 22, 2003... Frito-Lay has launched a new snack called Lay's Stax, potato chips stacked in a portable, resealable container that looks suspiciously like Pringles. The brand debuted last month in the flavors original, sour cream & onion, barbecue and...

Wal-Mart to employ 2,000,000 by 2007.
September 8, 2003... BENTONVILLE, ARK. -- Wal-Mart in a few weeks will announce the square footage of new selling space and how many stores it plans to add next year. Unless the company drops a bombshell, the figures are sure to be larger than the approximately...

CompUSA plugs into homes; Digital Living Experience shows how.
September 8, 2003... AURORA, COLO. -- CompUSA continues its drive to reinvent itself as technology store beyond computers, expanding its selection of consumer electronics and staking a place among consumers interested in digital living. The retail chain's...

Full impact of blackout comes down to location, location, location.
September 8, 2003... NEW YORK -- It is better to sell one candle than to curse the darkness. At least that was the philosophy adopted by retailers who scrambled, shipped and sparked as they struggled, with some decided success, to get back in business after The...

Sears to close three Great Indoors stores.(Market Watch)(Brief Article)
September 8, 2003... HOFFMAN ESTATES, ILL. -- Sears announced that it plans to close three of its Great Indoors home decorating and remodeling centers, but Alan Lacy, Sears chairman and ceo, stressed that "the business continues to hold great promise." The move...

The Pantry to buy Ahold's Golden Gallon.(Market Watch)(Brief Article)
September 8, 2003... SANFORD, N.C. -- North Carolina convenience store chain The Pantry Inc. announced it has agreed to buy 138 Golden Gallon convenience stores in Georgia and Tennessee from Ahold USA. Golden Gallon operates 48 stores in Georgia and 90 stores in...

Borders names Faricy to VP post.(Market Watch)(Peter T. Faricy)(Brief Article)
September 8, 2003... ANN ARBOR, MICH. -- Borders Group Inc. has named Peter T. Faricy vp, multimedia marketing. In his new post, Faricy will be responsible for developing strategic merchandising and marketing plans for the multimedia product area, which includes...

'Child of Mine' born at Wal-Mart.(infant products from Carter's)(Brief Article)
September 8, 2003... BENTONVILLE, ARK. -- Wal-Mart and Carter's have just given birth to a new line, Child of Mine. A broad range of infant sleepwear, layette, bedding, toys and room decor is rolling into all stores this back-to-school season. Like Kohl's and...

Japan's top auto parts retailer debuts in U.S.(Autobacs)
September 8, 2003... STANTON, CALIF. -- Japanese "car life" retailer Autobacs opened its first U.S. store in Southern California last week, marking its entry into North America. The chain plans to use the 35,000-square-foot store to test the waters for a larger...

A great fall lineup.(Letter from the Publisher)
September 8, 2003... NEW YORK -- Fall is always replete with new--be it new television programming, new pigskin match-ups or the new school year. Of course, as the authoritative voice on the business of retailing, each and every issue of DSN Retailing Today is...

Summer MAGIC short on tricks.(apparel trends)
September 8, 2003... LAS VEGAS -- Attendees of the August 2003 installment of MAGIC were not spellbound by the spring 2004 offering of apparel, accessories and footwear, but agreed that the show still does the trick. "I don't think I saw the next new trend...

Grocery Outlet banner soon to fly over Texas.
September 8, 2003... MESQUITE, TEXAS -- Extreme-value and dollar store concepts have been one of the hottest growth trends in retailing this past year, especially given the sluggish economy and shoppers' demand for increasingly lucrative bargains. Grocery...

Petco financials show teeth.(Petco Animal Supplies Inc.)
September 8, 2003... SAN DIEGO -- Petco Animal Supplies watched its stock price soar last month after posting a 36% increase in net income for its second quarter. The chain reported a 6.1% increase in same-store sales and raised its earnings outlook for the year....

Michaels announces boosted profits.(Financials)(Michaels Stores Inc.)(Brief Article)
September 8, 2003... Michaels Stores announced that it posted a higher quarterly profit than last year as a result of improvements in its infrastructure. The company said it earned $24.3 million, or 35 cents per share, in the second quarter ended Aug. 2, compared...

Sears comp-store sales improve.(Financials)(Brief Article)(Illustration)
September 8, 2003... Citing strong" sales growth in the home appliance category, Sears says August comp-store sales are tracking better than expected for the four weeks ending Aug. 30. The company, however, did not provide specific figures. When announcing its...

Insider trades.(Financials)(Brief Article)
September 8, 2003... STOCKS BOUGHT Costco: Daniel Evans, director, bought 2,000 shares on Aug. 13 at $30.30, now owns 2,000 shares. Big Lots: Phillip Mallet, director, bought 2,500 shares on Aug. 22 at $17.80, now owns 2,500 shares. STOCKS SOLD ...

CE differentiation is no longer about price.(Market Basket Study)(consumer electronics)(Illustration)
September 8, 2003... DENVER -- The consumer electronics industry is predicted to hit $100 billion in sales this year. That may be just one-fourth of what the grocery industry sold lost year, but consumers don't need CE products to survive--at least not...

Drug stores lead surge in 2Q circ. ads.
September 8, 2003... NATIONWIDE DSNRT REPORT--The recently ended second quarter proved to be highly promotional for many leading retailers as they battled for customer traffic by relying on familiar weapons such as increased use of newspaper inserts and a heavier...

Musicland taps Weisman as new company leader.(Eric Weisman appointed ceo)(Brief Article)
September 8, 2003... MINNETONKA, MINN.--Musicland Stores has appointed Eric Weisman as ceo to lead the retail chain now that it's officially separated from former parent company Best Buy. Previously president and ceo of Alliance Entertainment, Weisman is charged...

Becoming a 'Category of One'.(Editorial)(Book Review)
September 8, 2003... In what may be remembered as the year of the retail books, yet another title was released just 10 days ago that spotlights the accomplishments of a small niche retail chain. The book, "Becoming a Category of One: How Extraordinary...

Exorcising the ghost of trade-show present.(Viewpoint)(Column)
September 8, 2003... It's not every day that one can claim to travel in time. But at the recent AHMA/Reed Hardware Show in Chicago--the last dually hosted hardware show of its kind the foyer of the North Hall of the McCormick Convention Center took on the eerie...

Leaders Councils earn a greater seat at the table.(Guest Column)(International Mass Retail Association)
September 8, 2003... In the traditional trade associations' model, suppliers have been viewed as simply the guys to hit up for trade booths, advertising or special assessments to fund projects to benefit the "full" members. Once a year, suppliers are allowed in...

National brands and a national presence make for a killer combination.(Kohl's finest in apparel & accessories)(Company Profile)
September 8, 2003... When asked which company has done more to raise the overall bar in branded apparel retailing, just about every analyst in America is likely come back with the same answer. Kohl's. And who's to argue? Kohl's earnings and comps are consistently...

Plan to empower local managers makes top brass shine, top line glimmer.(Linens 'n Things finest in homegoods & housewares)(Company Profile)
September 8, 2003... New blood and a renewed sense of purpose are how many well-intentioned growth strategies get hatched--only to fizzle and fade. At Linens 'n Things, however, they've produced substantive results that have led to a 20% year-over-year sales...

Cutting commissions is the key that turns merchandise--and turns on the fun.(Best Buy finest in ce & entertainment)(Company Profile)
September 8, 2003... The past few years have been notable for the consolidation and shake out across all channels, and consumer electronics is no exception. And as 2003 draws to a close, there is one clear leader: Best Buy Co. Inc. With a 14% market share and...

A pint-size food footprint that's leaving giant-size tracks.(Neighborhood Market finest in food & consumables)(Company Profile)
September 8, 2003... Perhaps no store concept in retailing has been the subject of wider speculation than Neighborhood Market. What is certain is that Wal-Mart has spent considerable time and energy in an evolving merchandise strategy that has transformed the...