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  • Digital initiatives cause for optimism at Vantiv

    A unique perspective into the holiday season was provided by leading payments processor Vantiv when the company reported strong third quarter results but expressed reservations about the volume of activity during the fourth quarter.

    The company said its third quarter revenues increase 14% to $532 million and net income on an adjusted basis increase 17% to $80 million compared to $68.1 million while adjusted earnings per share increased 25% to 40 cents from 32 cents.

  • Walmart redefines meaning of growth in China

    Less than two weeks after announcing plans to reduce overall international capital expenditures, top Walmart executives were telling a different story in China this week.

    At a press event in Beijing, Walmart CEO Mike Duke and Walmart China CEO Greg Foran said the company planned to opening as many as 110 new facilities during the next three years including stores in China’s smaller cities while also closing up to 9% of its 397 units and remodeling 165 stores.

  • Corner Bakery Cafe redesigns website amid plans to double store footprint

    Dallas -- Corner Bakery Cafe has launched a complete redesign of its CornerBakeryCafe.com website that allows customers to personalize their online and offline experience with their local Corner Bakery Café store.

  • New store format boasts Cabela’s Q3 results

    Sidney, Neb. – Cabela’s said that strong performance from its next-generation store format helped drive its third quarter net income up 16.6%, to $49.9 million compared to $42.8 million in the year ago quarter. The company also announced plans for three new stores.

    Revenue grew about 15%, from $741.2 million to $850.8 million. Same-store sales grew 3.9%.

  • Red Plum shines amid grim showing by Valassis

    Free standing inserts remain a popular promotional vehicle, but weakness in other aspects of the Valassis business model have CEO Rob Mason vowing major changes after a third quarter sales decline.

  • Coupons.com names former Safeway exec as COO, CFO

    Coupons.com has appointed former Safeway executive Mir Aamir as the company’s CFO and COO.

  • Tractor Supply is westward bound

    Tractor Supply Company plans to open a store in Wyoming — its first-ever location in the state as it continues to expand into the Western region of the country.

  • Survey: Moms still make most household purchase decisions

    New York – Although dads are making inroads, moms still dominate purchase decisions in most U.S, households. According to a September 2013 survey by Child's Play Communications, moms remain the major household purchasing decision maker in about 80% of families.

    Other notable findings include:

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