International Business

FORT WORTH, Texas — RadioShack posted first quarter 2013 quarter sales of $849 million and a loss of $43 million, compared with $913 million last year and a loss of $8 million.

As a result of the company’s disappointing first quarter, it has ended its mobile phone partnership with Target. RadioShack said it had stopped operating its Target Mobile centers before the end of last month. The company had operated mobile phone kiosks inside Target stores. 

Toronto -- Express Inc. announced that its move to parity pricing is now complete. The retailer said it has been working to make cross-border shopping a thing of the past since entering the Canadian market.
 
The company's at-par pricing ensures that consumers across North America can enjoy the same shopping experience and value, regardless of geographical location.

Online shoppers can also take advantage of the parities, including an $8 shipping fee, as well as free shipping on all orders over $125.

Hong Kong -- The Asia arm of Wal-Mart Stores Inc. said Monday it has achieved energy savings of 20% across 210 supplier factories in China.

According to Walmart Asia president and CEO Scott Price, the factories have “cut their energy consumption by a minimum of 20% as of December 2012, saving approximately 2.168 billion kWh, a number equivalent to powering 1.46 million homes for an entire year."

Indianapolis -- Simon Property Group announced today that, in partnership with Mitsubishi Estate Co., Ltd., it has opened Shisui Premium Outlets (Shisui Town, Inba District, Chiba Prefecture), the ninth Premium Outlet Center in Japan.

PAWTUCKET, R.I. — Strength in the games category enabled Hasbro to increase first quarter revenues by 2% to $664 million compared to $649 million for the same period last year. 

First quarter revenues were negatively affected by $3 million due to the impact of foreign exchange and one less week in the reporting period. The first quarter 2013 was a 13-week period compared to the first quarter 2012, which was a 14-week period.

Lowe's has released its Corporate Social Responsibility Report Card, which covers education, environment and more. 

“To achieve greater progress for our communities and our company, we continue to build on our commitment to never stop improving,” said Robert Niblock, Lowe’s chairman, president and CEO. “We’re focused on carrying out those responsibilities every day with the help of our 245,000 employees across North America.” 

DALLAS — First quarter 2013 net sales at Kimberly-Clark Corporation rose by a little more than 1% to $5.3 billion compared to the same period last year. The company posted record profits, up 12% to $783 million from $700 million in the same quarter last year.

Oak Brook, Ill. -- McDonald's Corp. reported Friday that net income for the quarter ended March 31 rose about 1% to $1.27 billion, from $1.26 billion last year. Total revenue also rose 1%, to $6.6 billion from $6.5 billion.

Same-store sales dipped, however, impacted said McDonald’s by a tightened eating-out environment during the quarter.

At home, same-store sales dipped 1.2%.