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  • Consumers planning to spend tax refund

    LOS ANGELES — The majority of Americans are planning to spend their tax refund. 

     According to PriceGrabber’s poll of 5,655 U.S. online shopping consumers, 24% anticipate a bigger refund than last year and 26% expect about the same amount. Thirty-two percent anticipate receiving less compared to 2012, and 18% aren't sure how much money they will receive.

  • SPECS wraps up 49th annual show; partners with RetailROI

    New York -- Store development and facilities professionals from some of the nation’s biggest retail and restaurant chains gathered in Dallas, Texas, to attend Chain Store Age’s 49th annual SPECS Conference, March 17-20, at the Hilton Anatole Hotel.   

  • Safeway launches campaign to help people with disabilities

    PLEASANTON, Calif. — The Safeway Foundation has launched its annual April fundraising campaign to benefit Easter Seals, Special Olympics and a range of organizations that help people with disabilities live fuller, more independent lives.

    The company's Support for People with Disabilities campaign, along with other fundraising activities, have contributed more than $140 million to Easter Seals, Special Olympics and an array of organizations that assist people with special needs.  

  • Aaron's plans 125 stores and 750 retail jobs for 2013

    Atlanta -- Rental chain Aaron's announced at its 2013 National Managers Meeting in Nashville that the company plans to open 125 stores in 2013 and hire 750 new employees.

    Aarons added 950 new jobs across the U.S. and Canada last year.

  • Publix supports March of Dimes with cutout campaign

    MAITLAND, Fla. — Publix Super Markets is supporting the March of Dimees with a new fundraising campaign taking place April 6 through the 27.

    The cutout campaign coincides with March for Babies, the March of Dimes signature event, which occurs on April 27 in most areas. Associates will sell the cutouts at the checkout and ask customers to sign their name or the name of a baby they love, creating an impressive in-store display.

  • Saks Off 5th to open in Chandler, Ariz.

    New York -- Saks Fifth Avenue Off 5th will open its doors in Chandler, Ariz., on Thursday, April 4, 2013.

    The new 28,000-sq.-ft. store is located in Phoenix Premium Outlets, which is opening to the public that day. The new outlet center, owned and operated by Simon Property Group, is part of Wild Horse Pass, within the Gila River Indian Community, which includes hotels, a spa, casino, golf, an equestrian center, fine dining and more.

     

  • Toys ‘R’ Us profit and sales down in Q4 and full year; withdraws IPO plan

    Wayne, N.J. -- Toys “R” Us on Friday reported that its sales and profits declined in the fourth quarter and the full year. The company also revealed in a regulatory filing with the U.S. Securities and Exchange Commission that it is withdrawing its plan to go public, blaming “unfavorable market conditions” and its “executive leadership transition” for the decision.  

  • Report: Tesco exploring options for Fresh & Easy

    New York -- British grocery giant Tesco is moving closer to selling off its U.S. Fresh & Easy division, with Tesco CEO Philip Clarke traveling to the United States next week to try and strike a deal, according to a report in the British newspaper, The Telegraph.

    Tesco has held discussions with Trader Joe’s and others about selling Fresh & Easy, but a break-up of the business is considered the most likely option, the report said. Other options include closing the business and selling off assets.

  • Five Below sales and profits rise in Q4

    New York -- Five Below reported Wednesday that net income for the quarter ended Feb. 2 rose to $19.2 million, compared with $12.4 million in the year-ago period.

    Revenue surged 38% to $173.6 million from $125.8 million in the fourth quarter of fiscal 2011. Same-store sales rose 4.4%.

    For the full year, profit rose to $20 million from $16.1 million and revenue increased 41% to $418.8 million. The company said it expects to open 60 stores this year, including new markets in Texas, as well as adding units in existing markets.

  • Five Below sales and profits rise in Q4; 60 stores on tap for 2013

    New York -- Five Below reported Wednesday that net income for the quarter ended Feb. 2 rose to $19.2 million, compared with $12.4 million in the year-ago period.

    Revenue surged 38% to $173.6 million from $125.8 million in the fourth quarter of fiscal 2011. Same-store sales rose 4.4%.

    For the full year, profit rose to $20 million from $16.1 million and revenue increased 41% to $418.8 million. The company said it expects to open 60 stores this year, including new markets in Texas, as well as adding units in existing markets.
     

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