Nicole's Feed
Jan 16, 2010

U.S. texting raises $11 million for Haiti

SAN FRANCISCO (Reuters) – Cellphone users in the United States have contributed more than $11 million to Haitian earthquake relief through text messages in what is being hailed as an unprecedented mobile response to a natural disaster.

The Mobile Giving Foundation called it a “mobile-giving record” for funds raised for a single cause. Donations are rising swiftly, it said, as former President Bill Clinton and other politicians urge the American people to give.

Jan 15, 2010

US texting raises $10 mln and counting for Haiti

SAN FRANCISCO, Jan 15 (Reuters) – Cellphone users in the
United States have contributed more than $10 million to Haitian
earthquake relief through text messages in what is being hailed
as an unprecedented mobile response to a natural disaster.

The Mobile Giving Foundation called it a “mobile-giving
record” for funds raised for a single cause. Donations are
rising swiftly, it said, as former President Bill Clinton and
other elected officials take to the airways to urge the
American people to give.

Jan 14, 2010

Companies offer aid for Haiti earthquake victims

SAN FRANCISCO, Jan 13 (Reuters) – Companies pledged
millions of dollars in aid on Wednesday to help victims of a
powerful earthquake in Haiti that devastated much of the
impoverished country’s capital and killed thousands.

Digicel Group, a top mobile phone operator in Haiti, said
it would donate $5 million in cash toward relief efforts and
appealed to others to help victims of the quake.

Jan 13, 2010
via Shop Talk

Check Out Line: Smaller discounts, smaller January sales?

Photo

Check out consumers finding retailers offering smaller discounts in the days after Christmas — a possible drag on January sales.

According to a survey by America’s Research Group, 68.4 percent of consumers surveyed said they saw smaller discounts this year than last year after Christmas.

Jan 11, 2010

McDonald’s USA president named COO

SAN FRANCISCO, Jan 11 (Reuters) – McDonald’s Corp <MCD.N>
promoted Don Thompson, president of McDonald’s USA, to the role
of chief operating officer, overseeing the hamburger chain’s
32,000 restaurants worldwide.

Thompson, 46, assumes his new duties immediately, the
company said. He succeeds Ralph Alvarez, who retired on Dec. 31
due to health reasons, raising questions about how the
fast-food chain was cultivating executives who might be in line
for its top job.

Jan 9, 2010

Target takes on celebrity chef, buys Smith & Hawken

SAN FRANCISCO, Jan 8 (Reuters) – Target Corp will sell an
exclusive line of Food Network chef Giada De Laurentiis’
cookware and food, it said on Friday, and that it acquired the
Smith & Hawken brand in two moves that indicate the retailer
plans to focus more on individual brands.

Target said De Laurentiis will become a spokeswoman for
groceries and that starting this month, the company will
introduce the “Giada De Laurentiis for Target” line, including
cookware, such as a cast iron panini grill pan for $69.99, and
specialty food, such as whole wheat penne rigate for $2.79.

Jan 8, 2010

Target teams up with celebrity chef Giada

SAN FRANCISCO (Reuters) – Food Network chef Giada De Laurentiis will sell an exclusive line of cookware and food through Target stores and become a spokeswoman for the retailer’s groceries, Target said on Friday

Starting this month, Target Corp will introduce the “Giada De Laurentiis for Target” line, including cookware, such as a cast iron panini grill pan for $69.99, and specialty food, such as whole wheat penne rigate for $2.79.

Jan 7, 2010

ICSC sees 2010 U.S. retail sales rebound

SAN FRANCISCO, Jan 7 (Reuters) – U.S. retail chain store
sales notched their worst performance on record in 2009, but
ended the year on a strong note and should rebound this year,
the International Council of Shopping Centers Inc said.

The trade organization said on Thursday that December
same-store sales rose 2.8 percent, based on its tally of 32
retailers. That was the strongest monthly performance of 2009,
and the best showing since April of 2008, the group reported.

Jan 6, 2010

Family Dollar results, outlook shine, shares jump

SAN FRANCISCO/NEW YORK (Reuters) – Family Dollar Stores Inc <FDO.N> reported a higher-than-expected first-quarter profit and forecast earnings that should top Wall Street estimates again this quarter, sending its shares up 13 percent.

Family Dollar caters to shoppers with household incomes below $40,000. But the retailer, which sells most of its merchandise for $10 and below, has said it is attracting more shoppers with incomes of up to $70,000 as unemployment hovers in double digits and credit remains tight.

Jan 3, 2010

Toilet paper trumps decor at Target’s Great Save

SAN FRANCISCO (Reuters) – Move over Italian dinnerware and Chinese accent armchairs. Target Corp is making room in its stores for bulk-size packages of toilet paper to lure post-holiday shoppers.

Starting on January 3, Target, the No. 2 U.S. discount retailer, is introducing “The Great Save” in its 1,740 stores.

    • About Nicole

      "Nicole Maestri is a retail correspondent for Reuters and covers some of the world's biggest retailers, including Wal-Mart Stores Inc and Costco."
      Joined Reuters:
      2002
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