This week in POS and retail: news round-up
We are focusing on hardware, grocery and retail store developments from the news this week.
The National Retail Federation's 'SmartBrief' tipped us off about interesting news about Menard's and H-E-B.
The Menard's model has seen some huge store openings at a time when others are contracting. However, they have struck a balance whereby a hometown hardware store atmosphere is retained. This article details the activity in full.
Similarly with a focus on its neighborhoods, H-E-B is planning a large investment into some Austin stores. For example, to meets the needs of its Latino community, one store will be re-modeled with space added for a masa factory to grind corn daily, a tortilleria, a carniceria and a deli with fresh salsa and cremas. You can read this article for the full scope of their plans.
Photo credit: J.C. Penney mediaroom
Big changes are afoot at J.C. Penney with a restructured pricing policy, store layout overhauls and a new logo. The pricing move seems to polarize opinion. We picked up this news from Chain Store Age and Harvard Business Review and you can see the range of comments at the foot of both of the articles.