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Retail

  • Fairway flagship improves shopping experience for hearing impaired

    NEW YORK — Fairway Market has introduced a hearing loop at its flagship store's deli counter for customers with hearing loss.

    Fairway Group Holdings, based in New York, said the loop was installed in its Broadway store in Manhattan. The loop works with a person's telecoil-equipped hearing instrument or cochlear implant, allowing the employee behind the deli to speak into a microphone and transmit the signal wirelessly to the telecoil, blocking ambient background noise and amplifying the clerk's voice.

  • United Supermarkets parent changes name to The United Family

    Lubbock, Texas -- As part of a strategic branding initiative, United Supermarkets, LLC will now be known as The United Family, reflecting its multiple store brands as well as its rich family history.
     
    The strategic name change is part of a branding initiative to help define, articulate and document the organization’s retail portfolio, which consists of four brands: United Supermarkets, Market Street, Amigos and United Express, along with its subsidiary operations, R.C. Taylor Distributing, Praters and Llano Logistics.

  • PetSmart raises guidance following Q2 results

    PHOENIX — PetSmart’s total sales for the quarter ended Aug. were $1.7 billion, up 5.3% from $1.6 billion for the prior-year period, showing that people are still spending money on their pets despite lingering economic challenges and cautious shopping behavior trends evident in other sectors. 

    Comparable-store sales, or sales in stores open at least a year, grew 3.4%, benefitting from comparable transactions growth of 1%. Services sales, which are included in total sales, grew 7.3% to $205 million.

  • Walmart to offer free layaway for the holidays

    Bentonville, Ark. -- Walmart will offer customers free layaway with no opening fee for the holidays. The program will run Sept. 13 through Dec. 13, but the chain’s Facebook fans will have a two-day head start this year with access to layaway on Sept. 11 and Sept. 12.

    Eligible layaway items include electronics, toys, jewelry, small appliances and select sporting goods. And new in 2013 are infant toys and automotive electronics such as speakers and stereos.

  • Habit Burger Grill to open sixth Arizona location

    Phoenix — The Habit Burger Grill is opening its sixth Arizona location in Scottsdale in the Promenade at Scottsdale Road and Frank Lloyd Wright.

    The Irvine, Calif.-based restaurant also operates more than 60 locations in California and two in Utah.

     

  • Target’s 2Q profits solid, but outlook softens

    Target produced solid profits on tepid second quarter sales growth but joined the growing list of retailers to express reservations about the health of the consumer during the back half of the year.

    Target said its U.S. stores produced a 1.2% same store sales increase during the second quarter ended August 3, and total sales increased 2.4% to $16.8 billion from $16.5 billion during second quarter last year. Operating profits grew at a meager 0.4% rate to $1.33 billion from $1.32 billion.

  • Staples Q2 net drops 15%; lowers forecast

    Framingham, Mass. -- Staples said Wednesday that its second quarter net income dropped 15% amid store closings, declining traffic and lower sales of computers, ink and toner. The retailer also cut its full-year earnings and revenue forecasts, citing the weaker-than-expected results.

    Staples earned $102.5 million for the period ended Aug. 3, compared to $120.4 million last year.

  • Target Q2 profit falls 13% but tops Street; sales fall short

    Minneapolis -- Target Corp. reported that its second quarter profit dropped 13% to $611 million in the quarter ended Aug. 3, down from $704 million a year earlier, amid start-up costs related to its entry into Canada. Total company profits, excluding start-up costs related to Canada, increased 6.1%. Similar to other retailers, the chain issued a muted annual profit forecast as it deals with a still uncertain economy and cautious consumers.

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