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  • Collective Brands forges new distribution agreements

    Lexington, Mass. -- Collective Brands’ Performance + Lifestyle Group, which owns Sperry Top-Sider, Keds and Stride Rite, has signed new distribution agreements with partners to ramp up international expansion in several markets, including Japan, Singapore, Malaysia and Spain.

  • 7-Eleven to acquire 28 Pacific Convenience locations, will remodel/rebrand all

    Dallas -- 7-Eleven is acquiring the retail interests of 28 locations owned by Pacific Convenience & Fuels LLC.

    The acquisition includes sites in California, Oregon, Washington and Colorado, and is slated to close in fourth quarter 2011. Terms of the transaction have not been disclosed.

    All of the locations will be rebranded as 7-Eleven and will retain the Conoco-Phillips/76 gasoline brands.

  • Sam's Club delivers a new baby care line

    BENTONVILLE, Ark. — Sam's Club announced the launch of Simply Right Baby Care, which will be part of its Simply Right health and wellness brand.

    The Simply Right Baby Care line will include premium diapers, premium wipes and infant formula.

  • Duane Reade partners with Smith Electric Vehicles in EV pilot

    New York City -- Duane Reade said Monday it has added Smith Electric Vehicles' Newton zero-emission, all-electric commercial trucks to its delivery fleet.

    With the addition of these medium-duty trucks, Duane Reade is the first retail pharmacy in the United States to choose fleet electrification through a pilot program with Smith Electric Vehicles, a global supplier of zero-emission, all-electric commercial vehicles.

  • AutoZone revs up 4Q sales, earnings

    MEMPHIS, Tenn. — Same-store sales growth and a number of new store opening helped Autozone deliver another impressive quarter, while helping the company maintain its position as a leading automotive parts retailer for both everyday consumers and professionals.

    Autozone reported net sales of $2.6 billion for its fourth quarter ended Aug. 27, an increase of 8.1% from the fourth quarter of fiscal 2010. Domestic same-store sales increased 4.5% for the quarter.

  • Holiday hiring seen as flat to slightly lower

    New York City -- Holiday retail hiring is expected to be flat or even slightly lower compared with last year, according to Challenger, Gray & Christmas’ annual holiday hiring forecast.

    The outplacement consulting firm said 627,000 seasonal retail jobs were created from October through December in 2010. The total was up 27% from 2009, and nearly double the 26-year low that occurred in 2008.

  • Cardtronics to roll out ADA-compliant ATM services to FirstBank

    Houston -- Retail ATM owner Cardtronics said Tuesday that it has forged an ATM managed services agreement with Lakewood, Colo.-based FirstBank, covering the segment of its ATM network located in King Soopers grocery stores.

    As part of the agreement, Cardtronics has implemented all hardware upgrades necessary to bring the King Soopers portion of the $11 billion-asset bank’s ATM network into compliance with revised “Americans with Disabilities Act regulations set to take effect in 2012.

  • Barnes & Noble announces Hart-Scott-Rodino approval of Liberty Media investment

    New York City -- Barnes & Noble said Tuesday that the FTC has granted early termination of the waiting period under the Hart-Scott-Rodino Act, allowing investor Liberty Media to move forward with its stock purchase in the bookseller.

    Barnes & Noble announced on Aug. 18 that Liberty Media invested an aggregate of $204 million in the company through the purchase of newly issued convertible preferred stock, totaling a 16.6% interest in Barnes and Noble.

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