Strategy

Ann Arbor, Mich. -- Pizza chain Domino’s, Inc. reported a 6.2% increase in domestic store sales during first quarter 2013, compared to the same quarter a year earlier.

Domino’s also reported 6.5% international same store sales growth and added a net 75 global stores. Net income increased from $20.7 million to $34.4 million, an almost 66% jump.

As of March 2013, Domino’s operates 10,330 global stores, including 4,923 domestic locations.

Columbus, Ohio -- Footwear/accessories retailer DSW Designer Shoe Warehouse is opening a new store in Columbia, S.C., on May 2. This will mark the entry of the DSW brand into South Carolina.

The company operates 375 stores in 41 states, the District of Columbia and Puerto Rico, as well as 347 leased departments for other U.S. retailers.

Taylor, Mich.-based Masco Corp. reported first-quarter net sales of $1.88 billion, up 3.9% from the same quarter last year.

Net income for the giant manufacturer of home improvement and building products was $47 million, up from $33 million in the prior-year quarter. 

New York -- Uniqlo is taking a breather … but only a short one. The Japanese fashion retailer opened its seventh U.S. store — and its first in an outdoor lifestyle center location — on April 19, at Westchester’s Ridge Hill in Yonkers, N.Y. The two-level, 24,000-sq-ft. store comes on the heels of Uniqlo opening at Palisades Center in West Nyack, N.Y., in March. What’s next for the powerhouse brand that has made no secret of its intention to expand across the nation, with 200 stores by 2020?

NEW ORLEANS — Discover has signed contracts with 50 merchant acquirers that will extend PayPal’s in-store acceptance to more than 2 million merchant outlets by the end of the year.

Eight months ago, PayPal announced its intention to create an innovative payment option that leveraged Discover’s payments infrastructure to provide PayPal’s more than 55 million active domestic account holders with access to millions of retail stores, restaurants and gas pumps.

Pleasanton, Calif. -- Safeway announced that Robert Edwards, currently the company's president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14. Edwards, 57, will also join the company's board of directors.

"Since he arrived here in 2004, Robert has successfully met every challenge he has faced," Burd said. "He has demonstrated the ability to lead the company in all facets of its operations, and has earned the respect of the entire organization."

BOCA RATON, Fla. — The timing of the New Year and Easter holidays negatively affected Office Depot’s first quarter sales which declined 5% to $2.7 billion and led to a $17 million loss compared to a profit of $41 million in the first quarter of 2012. 

BRISBANE, Calif. — Bebe has appointed current principal accounting officer and VP, corporate controller Liyuan Woo as its new CFO. 

Woo has been with Bebe stores since 2010. She will retain the principal accounting officer title and will be responsible for global finance, accounting, treasury, tax, compliance, planning and strategic corporate development. She will report directly to CEO Steve Birkhold.