Strategy

Englewood, Colo. -- Sports Authority said Tuesday it will open six new stores on Aug. 13.

The new stores will open in five states, and include the major markets of Miami, Los Angeles, Salt Lake City, Chicago and Milwaukee.
 

Camp Hill, Pa. -- Rite Aid Corp. announced Monday it has named Susan Henderson as senior VP and chief communications officer to replace Karen Rugen, who retired last month.

Henderson previously worked for Chicago-based strategy execution and employment engagement firm Gagen MacDonald; before that, she was VP communications for Harley-Davidson. She has also worked for the Wm. Wrigley Jr. Co. in Chicago, Kohl's Department Stores and the Miller Brewing Co.
 

BENTONVILLE, Ark. — Walmart announced that it has expanded check cashing and card cashing services at stores nationwide, including the ability to cash a payroll and eligible government benefits card to the penny.

The expansion includes cashing most types of pre-printed checks up to $5,000 and accepting more forms of ID for check cashing, as well as establishing Express Check Cashing check-out lanes at selected stores during peak hours, the company reported.

By Fred Stiftel, [email protected]

Target produced another month of solid same-store sales growth in July and had a lot of good things to say about its future prospects. But judging from the action in the company’s share price in the intervening days, it was as if second-quarter earnings per share had come in well short of analysts’ expectations. Target got caught up in the selling free-for-all that occurred on Friday when it appeared the United States was in for a credit rating downgrade followed by a further acceleration on Monday after the downgrade occurred.

New York City -- Sam’s Club has selected DemandTec’s Deal Management software service to enhance its eValues program.

Strength in the apparel category continued at Target during July, with same-store sales increasing just below the company average of 4.1%, positioning the company as a winner in a month where performance among competitors was uneven.

CAMP HILL, Pa. — Rite Aid has appointed Susan Henderson as SVP and chief communications officer to replace Karen Rugen, who retired last month, the retail pharmacy chain said Monday.

Henderson will be responsible for all aspects of corporate communications, including media relations, financial communications, issues management, associate and supplier communications and the company's charity initiatives, reporting to president and CEO John Standley.