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  • Walgreens gets weight-loss product exclusive

    UNIVERSAL CITY, Calif. -- Walgreens announced that it has partnered with NBCUniversal Television Consumer Products to launch an exclusive line of “The Biggest Loser”-branded meal alternative bars and shakes. According to a company press release, the line of products, named for the popular NBC weight-loss reality show, will be offered in all of the more than 7,600 Walgreens stores nationwide beginning in May.

  • Big Five Q1 income slides 54%

    El Segundo, Calif. -- Big 5 Sporting Goods Corp.’s first-quarter net income fell 54% and missed analysts' expectations because of increased expenses as customer traffic declined.

    The company also gave a second-quarter earnings outlook much lower than Wall Street's view.

    Big 5 reported late Tuesday that it earned $2.8 million for the period ended April 3, down from $5 million a year ago.

  • New leadership named at P&G

    CINCINNATI -- The Procter & Gamble announced the following organizational changes:

    Edward Shirley, vice chairman beauty and grooming, will retire from P&G, effective Jan. 1, 2012, after 33 years service.  Until that time, effective July 1, Shirley has been named vice chairman on special assignment, continuing to report to Robert McDonald, chairman of the board, president and CEO.  

  • HSN reports quarterly sales growth

    ST. PETERSBURG, Fla. -- HSN Inc. reported that total net sales for its first quarter grew 6% over the prior year to $724 million. Net sales at its HSN business increased 1% to $526.2 million, which included 7% sales growth at HSN.com. Cornerstone's net sales increased 20% to $197.8 million with e-commerce sales growth of 23%.

    Adjusted EPS increased 14% to 41 cents compared with 36 cents in the prior year, the company reported. GAAP diluted EPS increased 13% to 34 cents compared with 30 cents in the prior year.

  • Designer line finds exclusive home at Safeway

    PLEASANTON, Calif. -- Safeway Inc. announced that has teamed up with design expert Debi Lilly to launch an exclusive new line of entertaining and home décor products.

  • United Supermarket debuts new United Express format

    Lubbock, Texas -- United Supermarkets officially entered the convenience market on Wednesday with the opening of its first United Express location, in Lubbock, Texas. It is the company’s first standalone convenience store.

    The location includes a six-pump fuel station and will feature fresh offerings along with the traditional items guests would expect to find at a convenience store.

  • Delhaize America sees slight Q1 sales gain

    SALISBURY, N.C. — First-quarter revenue for the Delhaize America, the U.S. sector of Delhaize Group, which includes such supermarket banners as Food Lion and Bottom Dollar, experienced a 0.1% increase to nearly $4.7 billion, the company reported.

  • Son of famed jeweler gets own line at Sears

    HOFFMAN ESTATES, Ill. -- Sears announced the launch of new jewelry line from designer Zaven Ghanimian. Beginning today, the Zeghani bt Simon collection will be available for purchase at Sears stores nationwide as well as online at www.Sears.com/zeghani.

    Ghanimian is the son of famed jeweler Simon G and trained at his father's jewelry business before designing his solo collection.

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