Retail

New York -- Tiffany & Co.’s net income rose a better-than-expected 3% to $83.6 million in its first quarter, up from the prior year’s $81.5 million, boosted by sales improvement across all its regions, particularly Asia. Global same-store sales rose 8% during the quarter.

The earnings bump came on a 9% worldwide net sales increase to $895 million. In the Americas region, total sales rose 6% to $408 million. Same-store sales rose 3% with relatively stronger growth in the New York flagship store.

BENTONVILLE, Ark. — Walmart has pleaded guilty to charges that it inappropriately transported and disposed of common consumer products, such as bleach and fertilizer, while reiterating that the misdemeanor violations of certain environmental laws occurred years ago and had no specific environment impact.

ALLEN, Texas — PFSweb, an international provider of end-to-end e-commerce solutions, has appointed Shin Nagakura to the company’s board of directors.

Nagakura is a director of Transcosmos, or TCI, a leading Japanese business process outsourcing company. His appointment fulfills a condition of the strategic relationship that TCI and PFSweb entered into on May 15, which states that a TCI representative must sit on PFSweb’s board.

CINCINNATI — Kroger plans to provide $2.3 million to support the USO's broad range of programs that assist service members and their families, as part of its Honoring Our Heroes campaign.

For the following two weeks, store-wide promotions will feature hundreds of popular products at special sale prices. Customized shelf tags will highlight participating items, including Kroger's own products and items from key partners, including Unilever, Coca Cola, Kraft, Nestle, Frito Lay, Procter & Gamble, ConAgra and Dannon. Start and end dates vary by region.

NEW YORK — Foot Locker has posted the best quarterly profit results in its history for the first quarter ended May 4. The company's net income for the quarter was $138 million, a 10% increased from $128 million for the same period last year.  

The New York-based specialty athletic retailer's first quarter comparable store sales increased 5.2%.

DALLAS — Haggar Clothing Co. has appointed Don Schneider as the company's VP director of sales. He will report to Tadd Parnell, SVP national sales manager.

Hagger will look to Schneider to lead the company's continued growth and management of its top national accounts, with special focus on Haggar dress shirts and sweater collections and the Haggar C18 golf collection.

LOS ANGELES — Target has launched a beauty concierge program at 96 existing stores in Los Angeles and Orange County area.