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  • A.C. Moore fails to craft 2Q sales growth

    BERLIN, N.J. — A.C. Moore Arts & Crafts saw sales for its second quarter decrease 0.8% to $99 million from $99.9 million last year. According to the company, the decrease was primarily due to a decrease in comparable-store sales of 0.7%. Net loss for the quarter was $7.9 million, or 32 cents per share, compared with a net loss of $9.7 million, or 40 cents per share in the second quarter of last year.

  • Former FreshDirect exec named Sears chief marketer

    HOFFMAN ESTATES, Ill. — Monica Woo will be joining Sears Holdings as VP and CMO for Sears on Aug. 15. She will be the key executive responsible for directing the overall marketing, brand and advertising programs for Sears.

  • A fresh new focus at Winn-Dixie

    APOPKA, Fla. – Winn-Dixie announced the opening of the first of several remodeled stores in Central Florida Wednesday as the company looks to reposition itself as the grocery destination in the area.

    The store, located in Errol Plaza, is one of 17 planned store remodels. The company expects to invest approximately $5.5 million per store.

  • Simplified savings come to CVS loyalty program

    WOONSOCKET, R.I. — CVS/pharmacy once again has boosted its rewards program with a new digital savings option that allows customers to send coupons directly to their loyalty card.

    The company said that the "Send to Card" option provides ExtraCare cardholders, who have opted in to receive ExtraCare emails, with the option to send select coupons directly to their ExtraCare cards for automatic, digital in-store redemption, eliminating the need to print those coupons at home and submit paper copies at the register.

  • Kroger to implement Oracle’s PLM solution

    NEW YORK — Kroger has selected Oracle’s Agile Product Lifecycle Management (PLM) for Process to establish a platform for continually improving the customer experience. The supermarket operator will use the solution to integrate and streamline all aspects of product development, including managing specifications, suppliers, formulations, packaging and labeling, compliance, and quality.

  • Winn-Dixie expects to cut FY loss

    JACKSONVILLE, Fla. — Winn-Dixie Stores announced that it expects to report net sales of approximately $6.9 billion compared with $7 billion for the prior fiscal year (which included an extra week), reflecting a 0.1% decrease in identical-store sales. Net loss from continuing operations is expected to be approximately $30 million or 54 cents per diluted share, compared with net income from continuing operations of $37 million or 67 cents per diluted share for fiscal 2010. 

  • REI invests in the great outdoors to the tune of $4.2M

    SEATTLE  — Recreational Equipment Inc. announced that it plans to give $4.2 million this year to nonprofits across the country that work to preserve and maintain natural spaces through active volunteer programs.

  • OfficeMax results an indicator of ongoing economic challenges

    NAPERVILLE, Ill. — Not that anyone needed it, but weak second-quarter sales at OfficeMax provided additional evidence this week that the nation’s business climate remains exceedingly challenging.

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