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  • Hershey sweet on global growth

    BALTIMORE — Hershey is ready to extend its global footprint, and as part of its initiative to drive that growth, the company hosted its first Global Partner Summit, an open innovation forum. 

    The goal of the summit, which was held in Baltimore, was to unleash the combined resources of Hershey’s internal innovation resources and its broad supply base to create new ideas, new capabilities, more sustainable practices and consumer-focused innovations that will drive industry-leading growth.

  • Sears and DeWalt team up in Vegas

    Research from DeWalt found that 650 out of 1,000 pros were aware of DeWalt mechanic tools. That's pretty good awareness. But DeWalt didn't have mechanics tools at the time of the survey.

    It does now. And a partnership with Sears is bringing DeWalt wrenches, ratchets, sockets and mechanics tool sets online and in Sears stores in time for Father's Day.

    DeWalt and Sears executives announced the news during a presentation at the National Hardware Show here at the Las Vegas Convention Center. 

  • Doggie smiles contest promotes pet oral hygiene

    OMAHA, Neb. — Sergeant's Pet Care Products, an Omaha, Neb.-based manufacturer of pet products, engaged shoppers while promoting good oral hygiene for pets with its national Sentry Petrodex Superstar Smiles photo contest, sponsored by the company’s Sentry Petrodex dental brand.

    Three-year-old yellow Labrador Retriever Flash took the top prize.

  • Report: Wal-Mart has sights set on two internal candidates in CEO succession

    New York -- Wal-Mart Stores has identified two internal candidates to succeed CEO Mike Duke, Bloomberg News reported.
       
    The two candidates are Bill Simon, 53 and head of Walmart U.S., and Doug McMillon, 46, head of the company's international business, according to the report.

     

  • Whole Foods Market Q2 profit surges 20%; raises forecast

    Austin, Texas -- Whole Foods Market on Tuesday reported that its second-quarter net income rose to $142 million from $118 million a year earlier, beating analysts estimates. The chain also raised its full-year forecast.

    Total sales in the quarter ended April 14 increased to $3.03 billion, from $2.67 billion.
    Same-store sales rose 6.9%.


  • J.C. Penney Q1 same-store sales down 16.6%, missing estimates

    Plano, Texas -- In preliminary results, J.C. Penney Co. on Tuesday reported that same-store sales in its first quarter decreased approximately 16.6%, a deeper drop than was expected.  

    The company, which will report full results on May 16, said that it anticipates total sales of approximately $2.635 billion for the quarter, down some 16.4% from $3.152 billion in the same period last year.

  • Spotlight on Retail Construction

    Building stores requires a particular type of expertise on the part of the contractor. Chain Store Age spoke with Gregg Zysman of All-Rite Construction Company about what retailers should look for when hiring a contractor.

    What are the most important factors retailers should consider when selecting a contractor?

    The most important factor is to select a contractor that specializes in retail construction. Look for membership in associations like the Retail Contractors Association and a list of recognized retail clients.

  • Le Duff America Ignores the Slow Recovery

    Development chief details chain growth

    Chain Store Age asked Paul Carolan, chief development officer for Dallas-based Le Duff America, about the bakery-café company's aggressive growth plan in the United States.

    The North American subsidiary of Paris-based Groupe Le Duff SA, Le Duff America now manages four brands in the United States: Bruegger's Bagels, la Madeleine Country French Café, Brioche Dorée and Mimi's Café, which was acquired in March.

  • Real Estate's 10 Under 40

    Ten years ago, demographic experts predicted a looming talent shortage: When the massive baby boom generation retired, the small Generation X would not have enough experienced leaders and managers to fill the positions that boomers would vacate.

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