Retail

Dallas – Neiman Marcus had a strong third quarter fiscal 2013, reporting a substantial increase in net earnings as well as growth total revenues and same store sales.

Net earnings grew 13% compared to third quarter of last year, from $62.6 million to $70.8 million from $62.6 million.

Total revenues increased 4%, from $1.06 billion to $1.1 billion.

Same store sales grew 3.6%.

Lubbock, Texas -- United Supermarkets has completed a transaction to acquire Llano Logistics. Llano has operated United’s two distribution centers – in Lubbock and Roanoke – since their opening.

The deal closed May 31 and means Llano, which had been owned by Exel, a subsidiary of Deutsche Post DHL, is now owned by United.

It is the company’s third subsidiary operation in addition to its 52-store supermarket/ convenience store chain. United purchased R.C. Taylor Distributing in 2007 and added Praters Foods in 2009.

New York -- RKF said it has arranged the sale of an 18,850-sq.-ft. mixed-use building located at 138 Spring St. in Manhattan's SoHo district.

The building encompasses 2,000 sq. ft. on the ground floor and 2,600 sq. ft. on the lower level, all occupied by high-end eyewear retailer ILORI. The balance consists of 14,250 sq. ft. of full-floor commercial loft space.

Chatsworth, Calif. -- Provision Interactive Technologies has entered into a multi-year partnership with Rite Aid Corp. to install Provision’s 3D Reward Centers kiosks inside select Rite Aid stores. The kiosks will generate 3D holographic videos as well as exclusive wellness+ information and Rite Aid promotions.

Fort Worth, Texas -- Dick’s Sporting Goods is now open at Alliance Town Center in North Fort Worth, Texas. During the May 31 through June 2 grand opening ceremonies for the 50,000-sq.-ft. Phase II anchor, co-developer Trademark Property Co., announced plans to add 237,000-sq.-ft. of retail and restaurant space to the center.

“With Dick’s opening, we are well positioned to complete the current phase and proceed with our main-street lifestyle expansion,” said Trademark CEO Terry Montesi.

Goodlettsville, Tenn. -- Dollar General reported record net income and sales during for the first quarter, but still reduced the top end of its profit forecast due to moderating same-store sales.

The discounter reported net income of $220 million, up 3% from $213 million in the first quarter of 2012. Net sales totaled $4.23 billion, up 8.5% from $3.9 billion.

Fort Worth, Texas – RadioShack Corp. has promoted Marty Amschler to senior VP of franchise.

Amschler, who has been with RadioShack since 2009, will continue overseeing dealer franchise operations and also provide senior leadership to the company's commercial sales division and B2B sales team. He has close to 40 years of retail executive experience and previously held sales and franchise positions at companies including Kinney Shoe Corporation, The Athlete's Foot and NexCen Brands.

Bentonville, Ark. – Wal-Mart is launching an initiative to increase the amount of fresh produce on its shelves. The effort includes buying produce directly from growers for immediate shipment to stores, performing independent weekly fresh produce checks at stores and providing fresh produce training for associates.