Marketing

Hudson, Ohio -- Jo-Ann Stores reported net income for its fiscal 2011 third quarter ended Oct. 30, of $29.1 million, up from $24.1 million in the year ago period. The retailer also raised its full-year outlook.

Net sales for the third quarter increased 5.1% to $535.3 million, from $509.1 million last year. Same-store sales increased 4.1%.

Chairman and CEO Darrell Webb said the chain was encouraged by the results in its new and remodeled stores, and was increasing its plan for both new store openings and remodel projects in fiscal 2012.

San Bernardino, Calif.  -- Stater Bros. has been recognized as a 2010 WRAP (Waste Reduction Awards Program) Winner by the California Department of Resources Recycling and Recovery (CalRecycle). Among the supermarket operator’s accomplishments: a “green waste” composting program that turns organic waste from its 167 locations into compost that is sold to area farmers

New York City -- Developers Diversified Corp. announced the introduction of six new locations for teen fave Five Below in 2010. The stores were opened in Ohio; New Jersey; North Carolina; and New York.

Five Below currently operates over 100 discount stores across the country and intends to double its store count by the end of 2011 through a massive expansion spree.

Seattle -- Nordstrom plans to open a new Rack discount store next fall in the Portland suburb of Tigard, Ore.

The retailer said the new 45,000-sq.-ft. t store will open in Cascade Plaza in Tigard, about a mile away from a full-line Nordstrom store in the Washington Square shopping center.

Houston -- Centro Properties Group said Tuesday that Fashion Metro has opened a 9,810-sq.-ft. store at Northtown Plaza, in Houston.

Centro Properties Group, based in New York City, owns Northtown Plaza.

Philadelphia -- Centro Properties Group announced Tuesday that Wine & Spirits has opened a 6,800-sq.-ft. store at Ivyridge, in Philadelphia.

Centro Properties Group, based in New York City, is the owner of Ivyridge.

New York City -- Starbucks Corp. is looking beyond its cafes for expansion in the future. Detailing its growth plans Wednesday at its investor conference, the chain announced it plans to triple the number of its cafes in China, offer more products in grocery stores and open new kinds of stores to build on its recent recovery.

Bridgeview, Ill. -- Rose Paving Co., which provides complete parking-lot management solutions nationwide, has been named a Chicago Tribune Top Workplace for 2010 in the small-sized company category. One hundred companies, organizations, and agencies were honored at an awards ceremony on Nov. 9 hosted by the Chicago Tribune.

The awards, given for measured qualities including company leadership, career opportunities, workplace flexibility, and compensation & benefits were presented to Chicago-area companies for the very first time.

By Andrew Macey