Retail

Florham Park, N.J. -- Kalibrate Technologies (formerly KSS Fuels) announced that convenience-store operator Wawa has purchased the Kalibrate PriceNet fuel pricing system and will implement a roll-out across the chain’s entire network of 382 fuel sites.

Wawa will utilize the full capabilities of PriceNet, which includes 24/7 automation of pricing, full integration to the sites, robust analytics to determine optimal pump prices and mobile functionality on smartphones and tablets.

A severe winter may have affected sales results for many retailers, but Five Below saw improving trends as it weathered the fourth quarter.

Net sales increased by 22% to $212 million from $173.6 million in the prior-year quarter, which consisted of 14 weeks. Comparable-store sales increased by 0.3% on a 13-week basis.

The company ended the quarter with 304 stores in 19 states, an increase of 25% from the end of the prior-year quarter.

New York -- Kohl’s Corp.’s chief merchandising officer, Donald A. Brennan, resigned his position, effective as of April 1, 2014. Kohl's disclosed Brennan's departure in a filing this week with securities regulators.

Under a separation agreement with the department-store operator, Brennan will receive a one-time severance payment equal to 2.9 times his annual salary plus the average of the three most-recent annual incentive compensation plan payments paid to him, according to a regulatory filing.

Although fourth-quarter sales at J. Crew increased, the retailer saw profit drop 42% in the quarter amid higher costs.

Net income fell to $5.92 million in the quarter, down from $10.2 million in the year-ago period.

Revenue increased 6.7% to $686.2 million. Retail store sales rose 5% to $438.6 million and direct sales jumped 10% to $238.1 million

Same-store sales, which include direct sales, increased 3%. Excluding a calendar shift, comparable-store sales increased 4%.

Philadelphia -- Five Below on Tuesday reported better-than-expected results for its fiscal fourth quarter, ended Feb.1. The tween/teen retailer also said it is on track to open 62 stores in 2014

The company posted net profits of $24.8 million, slightly higher than estimates of $24.6 million, up from $19.2 million in the year-ago period.

Sales jumped 22.1% to $212 million, beating analysts' expectations for $207.78 million in sales. Same-store sales increased by 0.3%.

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Baltimore — Jamba Juice, The Fudgery and Majestic Athletic have signed with Ballpark Village in St. Louis.

Ballpark Village is a mixed-use retail, entertainment, office, and residential district being developed in partnership by the St. Louis Cardinals and The Cordish Companies.

Camp Hill, Pa. -- Rite Aid Corp. announced that Dedra N. Castle is joining Rite Aid as executive VP and chief human resources officer.

In this position, Castle will be responsible for all aspects of human resources, including training, recruitment, talent management, compensation and benefits, labor relations, leadership development and diversity. She will report to Rite Aid’s Chairman and CEO John Standley.