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- BNET Author Biography
A Denver-based business writer, Lisa Everitt is a veteran of daily and weeklynewspapers and trade magazines, including The Natural Foods Merchandiser, RockyMountain News, Inter@ctive Week, San Francisco Business Times, and thePeninsula Times Tribune.- more about Lisa Everitt »
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- Duane Reade Taps Ex-Loblaw Chief as CEO
- John A. Lederer, who helmed the largest grocery chain in Canada for seven years, will take over this week as Chairman and CEO for Duane Reade, the largest pharmacy chain in New York City. Who is John Lederer? He spent 30 years at Loblaw Cos. Ltd., which...
- Blog posts 2008-04-03
- Publix Management Stays in the Family
- Charles H. Jenkins, Jr., steps down this week after a seven-year run as CEO of Publix Super Markets Inc., the Southeast's grocery powerhouse with 928 stores in five states. Taking over is Jenkins' cousin and Publix President William "Ed" Crenshaw. Based in Lakeland, Fla., and run by...
- Blog posts 2008-04-02
- 5 Things Borders Is Finally Learning
- Borders had a tough fourth quarter, announcing a 14.2 percent decline in music sales, flat book sales and the chain's towering $554 million debt looming over all. And now they're "exploring strategic alternatives," never a good sign. You might blame the standard "Americans don't read" whinge, but...
- Blog posts 2008-03-31
- Supervalu Joins EPA Push for Greener Coolers
- Supervalu Inc.'s announcement that its 12 retail brands will participate in the Environmental Protection Agency's GreenChill Partnership gives a lift to the EPA's efforts to convert supermarkets to green refrigeration. Twenty-seven companies now participate in the program, including Publix, Giant Eagle, Food Lion and Whole Foods Market. ...
- Blog posts 2008-03-27
- Tiffany Diamonds Shine for Offshore Shoppers
- Every year, Tiffany & Co. makes best friends with a lot of diamond-loving girls. Last year, many of those girls were either European or Asian, as foreign tourists accounted for 14 percent of sales at Tiffany's 70 stateside stores. The legendary jeweler saw sales rise to $2.94 billion in fiscal...
- Blog posts 2008-03-26
- OfficeMax Data Mining Lets Customers Trigger Their Own Deals
- If you buy a digital camera from OfficeMax but not a memory card, you'll get e-mail the following week with memory product recommendations and a 15-percent-off coupon. The Naperville, Ill., office products store excels at event-triggered communications, says managing partner Kelly Hlavinka of Colloquy, Alliance Data's loyalty consulting arm in...
- Blog posts 2008-03-25
- Charming Shoppes Focusing on Necessities... and Lingerie
- A great pair of jeans and some pretty, new underwear and tight inventory control could help lead Charming Shoppes out of the recession. At least that's what execs are hoping at the Bensalem, Pa., operator of more than 2,400 Lane Bryant, Fashion Bug and Catherines stores, which...
- Blog posts 2008-03-24
- Walgreens Adds Apparel to Private-label Mix
- Walgreens Co. will launch a casual clothing line April 1, selling T-shirts and cotton capris near the Marshmallow Peeps and nail polish in most of its 6,000-plus stores. The Chicago Tribune reports the "Casual Gear" line is part of the Deerfield, Ill., drugstore chain's efforts to boost front-end sales of...
- Blog posts 2008-03-18
- Phony Organics Lurk on Produce Racks
- Grocers including Whole Foods Market, Kroger and Stop & Shop have had to hire third party verifiers to root out produce that contains pesticide residue despite the green-and-white USDA Organic seal, the CEO of product tester Scientific Certification Services says. Scientists from the U.S. Department of Agriculture...
- Blog posts 2008-03-12
- How Wal-Mart Got It Wrong with Plan B
- Remember the big flap two years ago about Wal-Mart's refusal to sell Barr Pharmaceuticals' emergency contraceptive, Plan B? Approved by the U.S. Food and Drug Administration in 2005, and granted over-the-counter status in 2006, the morning-after pill became a retail anomaly: a widely anticipated new product that retailers wouldn't carry,...
- Blog posts 2008-03-11
- Not So Healthy Atmosphere at Pre-Merger Wild Oats
- A Portland, Ore., man who says he was hired by Wild Oats Markets to develop a turnaround strategy has sued the company and its acquirer, Whole Foods Market, alleging that Wild Oats execs schemed to sell the company cheap to fatten their own wallets, and fired him before he could...
- Blog posts 2008-08-25
- Store Branding Takes Center Stage
- Why does a shopper put your store on the short list when considering a purchase? Apparel and footwear shoppers want the latest trends, while consumer technology purchasers seek brand names and home products buyers want a broad selection. by Lisa Everitt
- Blog posts 2008-08-25
- The Five Secrets of Publix Supermarkets' Success
- In the crowded, complicated, low-margin world of supermarket retail, $23 billion Publix Supermarkets Inc. stands out. Warren Thayer takes a look at "Why Publix Is So Darn Good" in the September issue of Refrigerated and Frozen Foods Retailer, and in the process offers a list of best practices that other...
- Blog posts 2008-09-03
- What Keeps Retailers from Facing Facebook?
- With 49 million North American users and a $240 million investment from Microsoft, Facebook is the hot social medium. But interactive agency Rosetta found in May that only 30 percent of their top 100 online retailers had launched a free Facebook fan page, and even fewer had established a larger...
- Blog posts 2008-09-04
- August Sales: It's the Same Old Song With a Different Beat
- The News: Back to school shopping in August didn't boost the retail economy the way store chains hoped, and analysts now predict that Christmas shoppers will behave the same way as back-to-school shoppers -- searching for bargains and waiting for the last minute to buy. by Lisa Everitt
- Blog posts 2008-09-08
- Crocs Losing Patent Battles, Now Losing Sales
- The Rocky Mountain News bestowed the kiss of death on Crocs over the weekend. Joyzelle Davis and David Milstead led their feature with a seventh-grader who has outgrown her two pair of Crocs and doesn't plan to replace them. by Lisa Everitt
- Blog posts 2008-09-09
- Ann Taylor Finds Upside in Treating Employees Like Inventory
- Ann Taylor Stores Corp. was outed this week for treating employees like widgets and nobody noticed. I expected more hue and cry after a Wall Street Journal story detailed the impact that human resource allocation software has on Ann Taylor employees. Perhaps other retailers were too busy taking notes. by...
- Blog posts 2008-09-11
- Sears' New Halloween Venture: Fright Wigs, Battle Scars
- Piles of scary merchandise overseen by the nearly dead are nothing new for Sears. But making that impression on purpose? That's a switch. Sears has opened 10 free-standing Totally Ghoul Halloween stores in suburban Chicago, loaded with party goods, decorations and costumes for all ages. by Lisa...
- Blog posts 2008-09-12
- Walgreens vs. CVS: A Drug Store War Looms for Longs
- CVS Caremark thought it had Longs Drug Stores in the bag after announcing a $2.61 billion merger agreement Aug. 12. But Longs' two biggest institutional owners pushed for a better offer, and on Friday they got one: Walgreens offered $3 billion for the West Coast chain. by Lisa Everitt
- Blog posts 2008-09-15
- Retailers Will Suffer Under Coming Credit Crunch
- Just in time for the critical fourth quarter, the current financial crisis hits retailers right where they live: access to capital. Speaking at the Reuters Autos Summit in Detroit on Monday, General Motors President Fritz Henderson predicted credit markets will close to all borrowers save those with triple-A credit ratings....
- Blog posts 2008-09-16
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