Consumer Affairs & Relations

Pittsburgh -- GNC Holdings reported Thursday that net income for the quarter ended June 30 nearly doubled to $66.7 million, compared with $36 million for second quarter 2011.

Consolidated revenue increased 19.4% to $619.1 million, and same-store sales increased 12.9% in domestic company-owned stores, representing the company's 28th consecutive quarter of positive same store sales growth. 
 

The economic recovery may be on an uneven track, but consumers are still willing to spend money – at Whole Foods Market especially.

Plano, Texas -- J.C. Penney said Thursday it is once again tweaking its pricing structure, changing course just six months after introducing a three-tiered everyday pricing strategy.

Assessing the strength of the American consumer has become something of a national past time, especially during an election year. And as conflicting data points paint a picture of a lumpy economic recovery both presidential candidates can find something in retailers’ sales results that lend credence to their arguments.

FOOTHILL RANCH, Calif. — Shortly after announcing the firing of its CEO, Wet Seal said it was looking into the possible sale of the company to the Clinton Group.

Wet Seal received a letter from the Clinton Group on July 23 and issued the following response:

PLEASANTON, Calif. — Safeway Inc has raised more than $9 million during its month-long Prostate Cancer Awareness Campaign.

Fort Worth, Texas -- RadioShack Corp. reported Wednesday its worst quarter since 1996, posting a loss of $21 million in the second quarter compared with a profit of $24.9 million in the same quarter last year.

Sales inched up 1.2% to $953.2 million in the quarter, missing Wall Street’s forecasted $970.4 million in revenue, and same-store sales were flat.

NEW YORK — Iconix Brand Group reported that total revenue for the second quarter of 2012 was approximately $93.6 million, a 5% increase as compared with approximately $89.3 million in the second quarter of 2011.