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  • Home Depot profit rises in Q2

    Atlanta -- The Home Depot reported Tuesday that profit for the second quarter rose to $1.5 billion from $1.4 billion in the same quarter last year.

    Sales edged up 1.7% to $20.6 billion, and same-store sales climbed 2.1% overall and 2.6% in the U.S.

    "As expected, second-quarter sales reflected the pull forward of seasonal activity into the first quarter," said Frank Blake, Home Depot chairman and CEO. "But we saw continued demand for core products and delivered second-quarter earnings above our expectations."

  • Retail import cargo to rise 6.3% in August

    Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to increase 6.3% in August, compared with the same month last year, and 2012 should show an increase of 4.8% over last year, according to the monthly Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates.

  • 99 Cents Only celebrates 30 years with sustainable efforts

    CITY OF COMMERCE, Calif. — 99 Cents Only Stores is celebrating its 30th anniversary.

    Since its founding in 1982, the chain has expanded to 302 extreme value stores in four states consisting of 220 stores in California, 37 in Texas, 29 in Arizona, and 15 in Nevada. As part of the celebration, the company is converting 40 semi-trucks from diesel to clean-burning compressed natural gas. Additionally, the company is offering a free reusable shopping bag to customers who visit the store this weekend and purchase at least $9.99 worth of merchandise.

  • Walmart joins 'Hunger Games' phenomenon

    BENTONVILLE, Ark. — Lest anyone think Walmart would miss out on the opportunity to cash in on the "Hunger Games" phenomenon, the company has followed suit with Target and Toys"R"Us in offering a unique experience for fans.

  • Walgreens hosts Mobile Photo Hack Day

    CHICAGO — Walgreens on Saturday will be hosting its first Mobile Photo Hack Day — a contest between mobile photo application developers in creating a "groundbreaking" application using Walgreens' QuickPrints SDK.

    All entries will be reviewed by a panel of notable judges:

    • Kobie Hatcher, solutions director at AIM Consulting, a technology solutions and services company providing resources in flexible configurations;

  • AAFES, Marvel roll out collaborative issue of comic book

    DALLAS — The Army and Air Force Exchange Service and Marvel Custom Solutions on Thursday announced the 13th collaborative issue of an “Avengers” comic book, available only through AAFES locations.

    Marvel and AAFES have printed 1 million copies of the free comic book and currently are available at Exchange stores worldwide while supplies last.

  • Albertsons Market furthers social media effort with Facebook contest

    BOISE, Idaho — Albertsons Market has launched a month-long contest asking customers to share their “Best Road Trip. Ever!” through photos, videos and essays on Albertsons Markets’ Facebook fan page for a chance to win a new car.

  • Roundy’s grows Q2 profit

    Milwaukee -- Midwestern grocer Roundy’s reported Friday that net income for the quarter ended June 30 rose 6.6% to $18.9 million, compared with $17.7 million in the year-ago period. Sales edged up 1.7% to $996.8 million.

    Same-store sales dropped 3.3%.
     

  • NRF initiative takes on challenges of mobile retailing

    WASHINGTON — The National Retail Federation, in partnership with its member companies, has launched a new initiative to address the challenges and opportunities of mobile retailing.

  • Office Depot to sponsor Do Something Awards

    BOCA RATON, Fla. — Office Depot is sponsoring the 2012 Do Something Awards, which will air Tuesday, Aug. 21 at 9:00pm ET on VH1.

    Hosted by "New Girl" stars Jake Johnson, Emmy-nominated Max Greenfield and Lamorne Morris, the ceremony will honor and celebrate the nation’s best young world-changers who represent the pivotal “do-ers” in their field, cause or issue.

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