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Target among top 10 cash donors
The Chronicle of Philanthropy is out with its ranking of the leading charitable donors and Target ranked eighth in 2011.
Target donated $146 million in cash and $63 million worth of products last year, according the Chronicle. It is a significant sum that and equates to roughly 4.7% of the retailer’s pretax profits.
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Big 5 achieves first positive comps since Q3 2010
EL SEGUNDO, Calif. — Big 5 Sporting Goods is seeing the positive effects of its merchandising and marketing strategies, with its first positive quarterly comps increase since the third quarter of 2010. The company reported a same-store sales gain of 1% for its 2012 second quarter ended July 1.