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  • Sears Hometown and Outlet Stores posts Q2 loss

    Hoffman Estates, Ill. -- Sears Hometown and Outlet Stores Inc.’s second-quarter net income dropped to $9.1 million, down from $21.1 million a year earlier, on expenses associated with its spinoff from Sears Holdings Corp. The company also announced that its board approved a $25 million buyback.

    Revenue increased 2% to $656.9 million from $644.5 million. Same-store sales rose 1.4%, with an 8.2% increase for the chain’s outlet segment.

  • ‘Living wage’ sent to D.C. mayor

    New York -- A controversial bill requiring Wal-Mart Stores Inc. and other large retailers to pay their employees a "living wage" of at least $12.50 an hour has been sent to District of Columbia Mayor Vincent Gray.   
        
    The mayor has 10 business days, starting Tuesday, to either sign or veto the bill, which was passed by the D.C. Council at the beginning of July.

  • Sam’s Club moving to bigger location in Anchorage

    New York -- Sam's Club will host a grand opening celebration on Thursday, Sept. 5, at its new location in Anchorage. At 145,000 sq. ft., the new club will be more than 50% bigger than the former Anchorage location.

    The new club has been constructed to include many environmentally friendly features. Energy-efficient fixtures, including daylight-harvesting skylights, reduce the amount of energy required to light the club by up to 75% daily.

  • Cycle Gear opens first Wisconsin store

    Benicia, Calif. — Cycle Gear Inc. has announced the chain’s first Wisconsin store in Brookfield, a suburb of Milwaukee. With this new location, Cycle Gear now operates more than 100 stores in 29 states.

    The Brookfield store is now open now and will have a grand opening celebration from Sept. 13 to Sept. 15 featuring sales and vendor appearances.

     

  • Campbell’s taps new Mama's Boy

    CAMDEN, N.J. — Campbell’s Chunky soup, the official soup sponsor of the NFL, is renewing the Mama’s Boy campaign for the 2013 season, this time tapping Green Bay Packers linebacker and Super Bowl XLV champion Clay Matthews as its spokesperson.

    In conjunction with the new ad campaign, Campbell will kick off the upcoming season with three new soups inspired by a classic sports pub menu: Hearty Cheeseburger, Spicy Chicken Quesadilla and Philly-Style Cheesesteak.

  • Togo's opens Ripon, Calif., location

    Ripon, Calif. — Togo's Eateries has announced the opening of its first location in Ripon, Calif.

    The restaurant will host a ribbon cutting ceremony on Sept. 5 at 11:30 a.m. In addition, a grand opening celebration has been planned for Saturday, Sept. 7 from 11 a.m. – 1 p.m.

    Togo's in Ripon will also offer online ordering and catering services for in-store pick up.

  • Rite Aid bolsters managed care leadership

    CAMP HILL, Pa. — Rite Aid has promoted Tammy Royer to group VP of managed care. Royer will report to Chris Hall, SVP of pharmacy services.

    Royer most recently worked in the company's pharmacy division. In her new role, she will oversee all aspects of managed care, including contracting, maintaining relationships with managed-care organizations, pharmacy benefit managers and third-party payers and developing new strategic partnerships.

  • JLL adds tenant rep in Chicago

    Chicago -- Jones Lang LaSalle has brought on Adam Cody as a VP in its Chicago office. He will work with executive VPs Lew Kornberg and Walter Wahlfeldt to expand the firm's retail tenant representation capabilities.

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