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Marketing

  • 7-Eleven to open in Vietnam

    Dallas - 7-Eleven Inc. is taking its business to Vietnam.

    The company has signed a master franchise agreement with Seven System Vietnam Co. Ltd. to develop and operate 7-Eleven stores in Vietnam, with the first stores expected to open in 2017. Seven Systems plans to construct 7-Eleven stores, convert existing locations to the 7-Eleven brand supported by enhanced infrastructure, and eventually franchise operations to local businesspeople.

  • Skechers aims to sprint past competition

    Skechers USA Inc., which recently passed Adidas to become the number two athletic footwear brand in the United States, is on the fast track.

    The company, whose second quarter sales beat estimates, has carved out a lucrative niche in casual athletic footwear and in kids’ athletic footwear. It is in expansion mode, with plans to open 125 to 135 company-owned and third-party-owned stores later this year.

  • Executive stepping down at Kroger

    Cincinnati -- The Kroger Co.’s first female corporate officer is retiring.

    The Kroger Co. announced that group VP for corporate affairs Lynn Marmer plans to retire in early 2016, after 18 years with the company.

    "Lynn has been a trusted counselor and advisor to three CEOs during a period of significant change in food retail," said Rodney McMullen, Kroger's chairman and CEO. We wish her and her family all the best in retirement."

  • O'really, auto parts chain in high gear

    O'Reilly Automotive reported another record-breaking quarter of financial results as the retailer revs up plans to expand its distribution network and store footprint.

    The auto parts retailer reported that sales for the second quarter ended June 30 increased $188 million, or 10%, to $2.04 billion from $1.85 billion for the same period one year ago. Same store sales increased 7.2%.

    This year, O’Reilly plans to add a net 205 stores, compared with 200 stores in 2014. In the latest period, it opened 34 stores.

  • Havertys net income stays flat in Q2

    Atlanta – A rising cost of sales kept net income at Havertys Inc. essentially flat at about $4.83 million during the second quarter of fiscal 2015. Profit stayed even despite net sales rising 7% to $187.73 million, from $175.13 million the same period a year earlier.

    Same-store sales increased 4.8%. Havertys plans to open a net total of three new stores by the end of the fiscal year.

  • Dick's Sporting Goods steps up to the plate for kids

    Dick's Sporting Goods is stepping up to support a cause that will likely appeal to many of the retailer's core customers: funding for public school athletic programs.

  • Facebook talks about Instagram ads

    Menlo Park, Calif. – Facebook is preparing a move from Instagram advertising to actual Instagram commerce.

    In a call with investors, Facebook COO Sheryl Sandberg said that the social media giant would roll out the ability to purchase items directly from Instagram ads as part of an expansion of Instagram ad formats.

  • Procter & Gamble names new CEO

    Procter & Gamble Co. has named a successor to the man who led the company's recent transformation.

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