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  • Staples launches loyalty program in France

    AMSTERDAM — Staples has launched a new loyalty program for its customers in France.  According to the company Staples Fidélité makes it easy for all Staples online customers to save on essential office products. 

  • Avril Lavigne joins Safeway disability support campaign

    PLESANTON, Calif. — Safeway has partnered with singer/songwriter Avril Lavigne for a new, exclusive video to support its annual Support for People with Disabilities fundraising campaign to benefit Easter Seals, Special Olympics and an array of organizations that help people with disabilities live fuller, more independent lives.

  • J.C. Penney Transformation: Two Months In

    J.C. Penney is in the very beginning of its transformation. But the first component of the strategy — a new pricing model that jettisoned hundreds of promotions in favor a three-tier model — in already in place. And not surprisingly, experts are weighing in.

  • Finish Line Q4 profit up, but forecasts difficult first quarter

    Indianapolis -- Finish Line Inc. posted earnings of $41.9 million for the fourth quarter, compared with $34.2 million in the year-ago period. But the chain forecast a plunge in first-quarter earnings due to lower margins.

    Sales in the quarter ended March 3, 2012, rose 18.6% to $456.3 million, ahead of analyst estimates of $432.62 million. Same-store sales rose 10.8%.

    For the full fiscal year, consolidated net sales increased 11.4% to $1.37 billion. Same-store sales increased 9.2%.

  • Wal-Mart to cut grocery prices by $1 billion

    Bentonville, Ark. -- Wal-Mart Stores Inc. said Thursday it will reduce prices on groceries by $1 billion in 2012, in hopes to draw customers in and encourage them to cross-shop in other areas of the store.

    Wal-Mart had $145 billion in grocery sales last year in the United States, making it the largest player in terms of domestic grocery sales. It says the price reductions in food and consumables are an investment and won’t impact margins especially if shoppers respond as planned with additional traffic and loyalty.

  • Food Lion rolls out new strategy at more stores

    SALISBURY, N.C. — Food Lion continues to implement its new strategy of offering greater value on store brands and being competitive on national brands, while providing a convenient shopping experience. The company announced that it has launched the strategy in 268 stores in Virginia, West Virginia and North Carolina. These markets are the first stores in 2012 to unveil the new strategy, the company said.

  • And now a few words about pricing

    Target has its low price promise, 5% REDcard Rewards and this week, just in time for Easter, its circular is filled with 50% off deals on toys from Star Wars, Mega Bloks, Disney and Fisher-Price toys. And if those offers aren’t incentive enough to generate a visit to the local Target the company also featured eight free gift card offers ranging in denominations from $5 for any two Procter & Gamble brand products to $35 for a $179 B70 Platinum Edition Keurig brand coffee maker.

  • Alliance Data to continue to manage private label credit card program for Little Switzerland

    Dallas -- Alliance Data Systems Corp. has signed a multi-year renewal agreement to continue managing the private label credit card program for duty-free jewelry retailer Little Switzerland.

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