Events

Menomonee Falls, Wis. -- Kohl's Corp. reported a lower fourth quarter profit on Thursday, hurt by markdowns during the holiday season. The loss was lower than Wall Street had expected. The retailer also forecast full-year earnings that fell short of analysts’ forecasts.
 
Kohl's said its net income fell to $378 million for the quarter ended Feb.2, from $455 million a year earlier. (The retail calendar for fiscal January 2013 included a fifth week, resulting in a 14-week fiscal fourth quarter and a 53-week year.)

NEW YORK — Energizer is set to launch a new portfolio of lighting products this spring, the New York Times "Gadgetwise" blog reported today. The new line is expected to hit Target shelves in late March, followed by other mass merchandisers later on.

New York -- Five women in Wisconsin have filed suit against Wal-Mart Stores, claiming the retailer denied them and other female employees equal pay and equal opportunities, the Journal Sentinel reported. The suit, which also seeks class-action status, claims Wal-Mart discriminated against female employees in the chain's Region 14, which includes stores in Wisconsin, Michigan, Indiana and Illinois.

North Bergen, N.J. -- Vitamin Shoppe Inc. said Tuesday its fourth-quarter net income rose 3% to $9.7 million, up from $9.4 million in the year-ago period.
   

NEW YORK — Sun Products' All Mighty Pacs laundry packs, Aquafresh Extreme Clean Pure Breath Action Paste, M&M's Brand Snack Mix, Reckitt Benckiser's Resolve All-Stains, Sun Products' Surf Liquid Laundry Detergent and GlaxoSmithKline's Tums Freshers were among the winners of Product of the Year USA's recently announced top products for 2013, the group said.

The named products were the result of a vote among 50,000 consumers.

BARCELONA — At Mobile World Congress, MasterCard introduced MasterPass, a digital service that allows consumers to use any payment card or enabled device to discover enhanced shopping experiences that are as simple as a click, tap or touch – online, in-store or anywhere.

First Lady Michelle Obama is scheduled to visit a Walmart store in Springfield, Mo., this week as part of a nationwide tour to generate interest in her Let’s Move! children’s health initiative.

The stop at the Springfield Walmart is schedule for Thursday afternoon and follows appearances on Late Night with Jimmy Fallon, Good Morning America and The Dr. Oz Show. The two day tour will showcase progress and announce new ways the country is coming together around the health of children.

CAMP HILL, Pa. — New Jersey first lady and chairwoman of the Hurricane Sandy New Jersey Relief Fund Mary Pat Christie will visit a Point Pleasant, N.J., Rite Aid store on Friday at 11:30 a.m. with Rite Aid executives to receive money for the fund, Rite Aid said Thursday.