retail news in context, analysis with attitude

...with brief, occasional, italicized and sometimes gratuitous commentary...

• Supervalu announced yesterday that "it is expanding its Essential Everyday brand to 2,700 of the most shopped-for products across more than 100 categories throughout the grocery store by 2013." The brand, Supervalu noted, "was introduced in select categories last year."

Bloomberg reports that Sears Holdings is "open" to selling some of its assets if that will help improve its tough financial situation, though CEO Lou D'Ambrosio says he has not been told by company chairman Edward Lampert to break up the company.

Among Sears's branded assets are the Craftsman tool line and Kenmore appliances.

• The Associated Press reports that Burger King is hoping to bolster its summer sales season with the addition of limited-time-only menu items that include a variety of barbecue sandwiches, sweet potato fries, and a bacon ice cream sundae made of vanilla soft serve with fudge, caramel, bacon crumbles and a piece of bacon.

So much for that whole nutrition thing...though if Mayor Bloomberg has his way, that sundae could be banned in NYC by next Thursday.

• According to the National Retail Federation, "May retail sales (excluding automobile, gas stations and restaurants) decreased 0.3 percent seasonally adjusted from April but increased 4.8 percent unadjusted year-over-year, marking 23 consecutive months of retail sales growth ... May retail sales, released today by the U.S. Department of Commerce, showed total retail and food services sales (which includes non-general merchandise categories such as automobiles, gasoline stations, and restaurants) decreased 0.2 percent seasonally adjusted month-to-month but increased 7.1 percent unadjusted year-over-year."
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