Retail

Domestic same-store sales at AutoZone for the fourth quarter ended Aug. 31 increased 1% — below expectations. The company did have reason to ride high, however, because it also posted its 28th consecutive quarter of double digit growth in earnings per share. 

Diluted earnings per share increased 23.2% to $10.42 per share from $8.46 per share in the year-ago quarter. Moreover, net sales were $3.1 billion for the quarter, a 12% jump from the same quarter last year. 

Winston-Salem, N.C. – Krispy Kreme Doughnut Corporation has signed its first development agreement in South America with Bogota-based IRCC Ltda., a subsidiary of the VA! Group. Under the agreement, IRCC expects to develop 25 stores in major cities throughout Colombia, including Bogota, Medellin and Barranquilla, during the next five years.

nGage Labs, a leading provider of in-store shopper engagement solutions for retailers, has appointed Kelly Gibson as the company’s director of retail engagement solutions.

Harker Heights, Texas — Sam’s Club will open its new Harker Heights, Texas location on Sept. 26 at 8 a.m. The grand opening will feature presentations by the mayor of Harker Heights and the president of the chamber of commerce president. Retired NFL player Ed “Too Tall” Jones will make an appearance from 3 p.m. to 5 p.m.

The new 136,000-sq.-ft. warehouse will bring 175 jobs to the community and feature a fresh bakery, a tire and battery center, a café and a fueling station.

Stratacache, a leading provider of scalable, high-performance digital signage, content distribution and enterprise video acceleration technologies, has announced its Optika specialty display division has opened a new, state-of-the-art optical bonding and display enhancement facility in Huber Heights, Ohio. 

The 25,000-sq.ft. facility will be home to Optika’s bonding, resizing, lighting and advanced testing operations, along with a new outdoor digital signage research and testing area. 

Arlington, Texas — With more than 135 stores across the country, Pet Supermarket has leased 6,000 sq. ft. of retail space in Fielder Plaza, a community retail center in Arlington, Texas.

The Weitzman Group, the exclusive retail-leasing agent for the center, handled negotiations for the transaction. Pet Supermarket will join Tom Thumb grocery, CVS/pharmacy, Starbucks, Allstate, T-Mobile and others. Cencor Realty Services manages Fielder Plaza.

Franklin, Tenn. – The dollar value of transactions performed at self-service kiosks in North America surpassed $822 billion in 2012 and should reach more than $1 trillion by the end of 2014. Self-service kiosks are currently used in more than 100,000 checkout lanes at North American retailers.

East Pennsboro Township, Pa. – Rite Aid has reportedly been ordered to pay $12.3 million in a civil lawsuit accusing the retailer of illegally dumping hazardous waste from more than 600 stores in California. According to the Los Angeles Times, San Joaquin County Superior Court Judge Linda L. Lofthus handed down the ruling in a suit brought against Rite Aid by the district attorneys of San Joaquin, Los Angeles and Riverside counties.