San Diego Repeals Limits on Walmart Supercenters The San Diego City Council has repealed an ordinance that strictly regulated construction of Walmart Supercenters in the nation's eighth-largest city. Wal-Mart Stores Inc. said last week that it plans to build 12 stores in San Diego over the next five years, and the company gathered enough signatures to put a measure on the ballot asking voters to repeal the ordinance.
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Retailers Offer Financial Services to 'Unbanked'Kmart has begun testing check cashing, money transfers and prepaid cards in stores in Illinois, California and Puerto Rico, with plans to roll out the services nationally later this year. Best Buy has installed kiosks in its stores for shoppers to pay utility, cable and phone bills. Wal-Mart has opened roughly 1,500 MoneyCenters that process as many as 5 million transactions each week.
Washington Post
Supervalu-owned Stores to Close in MarylandShoppers Food and Pharmacy stores in Maryland's Baltimore County are set to close their doors permanently by the end of February, along with an Acme store in Harford County. The Shoppers locations are in Owings Mills and Timonium, while the Acme store is in Fallston. The banners' parent company, Minneapolis-based Supervalu, said the locations weren't meeting expectations. Supervalu has been reporting losses and is looking to sell or close underperforming stores.
Progressive Grocer
Quebec's Simons Department Store Expands West as U.S. Retailers Look NorthSimons, the hugely popular Quebec department store, is headed west with a store opening next year in West Edmonton Mall, and owner Peter Simons planning another dozen openings in the rest of Canada. The plan is to increase the seven Quebec stores to 20 throughout Canada within 10 years. Simons is expanding at a time when U.S. retailers including Target, J.Crew, Nordstrom and J.C. Penney are looking north to Canada. Later this year, Simons will start offering its e-shopping service to U.S. customers.
The Vancouver Sun
Mountain Equipment Co-op: Reinventing an Outdoors Icon This seller of gear for the hard-core - rock climbers, backcountry skiers - is in the midst of a full rethink of its products. The overhaul started with the sale of bicycles, and plans include adding more colours and chic to the apparel on offer. Details throughout the stores are being assessed, such as shelves full of trail-running shoes when running in cities has become much more common.
The Globe and Mail
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