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  • Collective Brands returns to profit in Q2

    TOPEKA, Kan. — Collective Brands reported net earnings of $9.7 million, or 16 cents per share, for its second quarter compared with a loss of $35 million, or 58 cents per share, in the second quarter of 2011.

    Net sales increased 0.4% to $886 million, driven by a 2.9% comparable-store sales ncrease and sales growth of 6.1% in the Performance + Lifestyle Group  Wholesale segment, offset in part by operating 375 fewer stores.

  • Advance Auto parts names head of Mid-Atlantic store ops

    ROANOKE, Va. — Advance Auto Parts  has promoted Rusty Tweedy to area SVP, responsible for store operations in the Mid-Atlantic regions. Tweedy will report to Kurt Schumacher, SVP national field operations. Effective with this promotion, the company is adding a fourth operational area which will enable the company’s field and commercial sales leaders to be more aligned and focused on driving profitable growth.

  • Shoppers insights firm names SVP

    Angela Myers was named SVP of retail consulting at Spire, a quantitative shopper intelligence firm.

  • Anne Klein forms new eyewear licensing deal

    NEW YORK — The Jones Group has entered into an exclusive, world-wide license agreement with Altair, a division of  Marchon Eyewear for the creation, production, marketing and global distribution of ophthalmic eyewear and sunglasses under the Anne Klein brand. The Anne Klein ophthalmic eyewear and sunglass collections are currently produced and marketed under a world-wide license agreement with Luxottica Group S.p.A., which will expire on Dec. 31.  

  • New executives named at Save Mart

    MODESTO, Calif. — Save Mart Supermarkets has appointed a new chief human resources officer and chief legal officer, as well as a new CFO.

    In the newly-created role of CHRO/CLO at Save Mart, Eric Nadworny is responsible for leading the human resources, labor relations, risk management, compliance and legal functions for the Modesto, Calif.-based grocer. Nadworny has worked at such companies as Ross Stores, BJ's Wholesale Club and Shaw's Supermarkets.

  • Target adds P!nk album to list of music exclusives

    MINNEAPOLIS — Target has partnered with music star P!nk for an exclusive edition of her sixth studio album “The Truth About Love.” The deluxe edition of the album features four additional tracks and will be offered exclusively at Target stores nationwide beginning Sept. 18. Fans can now pre-order the deluxe edition at Target.com.

  • Campbell's expands V8 portfolio

    CAMDEN, N.J. — Campbell's has expanded its V8 100% vegetable juices with the addition of two new varieties.

    V8 100% vegetable juice Hint of Lime adds just a touch of lime for a crisp and refreshing taste, while V8 100% vegetable juice Hint of Black Pepper includes a dash of black pepper for a delicately spicy flavor.

  • Supervalu launches single-serve coffee product

    MINNEAPOLIS — Supervalu has launched a new, single-size version of its Java Delight brand of premium coffee.

  • Francesca's Q2 profit doubles; CEO to retire

    Houston -- Francesca's Holdings Corp. said Tuesday that net income for the quarter ended July 28 topped expectations by nearly doubling to $12.7 million, from $5.5 million in the same quarter last year. Sales leaped nearly 50% to $25.1 million, and same-store sales surged $20.7%.

    The company said it is on track to open 76 stores and one outlet this fiscal year, two of them in the third quarter.

  • Wal-Mart slashes holiday layaway fee in response to customer complaints

    Bentonville, Ark. -- Wal-Mart Stores said Tuesday it has lowered its holiday layaway fee from $15 to $5, saying that the move is in response to customer feedback.

    Customers may begin to open layaway accounts under the new fee arrangement on Sept. 15, and it runs through Dec. 14.

    According to Duncan Mac Naughton, chief merchandising and marketing officer, Walmart U.S., “this is a direct response to feedback we received since announcing this year's Holiday Layaway program. [It] makes Walmart more competitive in the marketplace.”

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