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Retail

  • Stater Bros. reports Q3 sales rise

    SAN BERNARDINO, Calif. — Third-quarter sales for Stater Bros. rose more than $10 million during the period ended June 24, the retailer said Tuesday.

    Third-quarter sales increased 1.14% to $949.8 million, compared with $939 million in third quarter 2011. Same-store sales also rose 1.14% during the third quarter. For the 39-week period ended June 24, sales rose 3.51% to $2.8 billion, compared with $96.7 million in the year-ago period. Same-stores sales for the 39-week period also rose 3.51%.

  • Macy's delivers 22% earnings growth, raises guidance

    CINCINNATI — After delivering a 22% increase over the prior year in diluted per share for it second quarter (from 55 cents to 67 cents), Macy's Inc. has raised its full-year earnings guidance for 2012.

    The company now expects earnings per diluted share to range from $3.30 to $3.35, compared with previous guidance for earnings per diluted share of $3.25 to $3.30. Guidance for same-store sales in fiscal 2012 remains unchanged at an increase of approximately 3.7%.

  • Pep Boys offers car restoration service with help of Barett Jackson

    PHILADELPHIA — Pep Boys has been named as the exclusive distributor of Barett Jackson car care products within its new automobile restoration system.

    The three-part automobile restoration system – which includes abrasives, paint and car care – is now available in at Pep Boys locations across the country and offers car collectors and enthusiasts an easy, unique way to complete the restoration of car projects from start to finish.

  • Kmart adjusts BTS offerings to reflect changing trends

    HOFFMAN ESTATES, Ill. — Kmart is responding to changing trends affecting the "back-to-school" experience with a number initiatives designed to meet the needs of its consumers.

    According to Kmart, more public schools are requiring uniforms and others are now adopting a year-round school calendar. In response, Kmart has adjusted its approach to back-to-school by increasing the number of stores that sell uniforms and aligning its back-to-school sales periods by region to match that of the local school districts.

  • Klum to serve as face of Jordache

    NEW YORK — Supermodel Heidi Klum will serve as the face of Jordache's latest ad campaign. 

  • NPD Group: Men's grooming market grows at rapid pace

    PORT WASHINGTON, N.Y. — The men’s grooming market continues to grow at a rapid pace as research shows that men’s grooming tools, such as electric shavers, men’s trimmers and home hair clippers, are among the largest dollar growth drivers in the overall personal care industry. Meanwhile, such product categories as men’s facial skin care continue to flourish.

  • Kohl's adds Elle line to cause merchandise

    MENOMONEE FALLS, Wis. — Kohl’s Department Stores has partnered with Elle magazine to offer a new line of apparel and accessories designed to raise money and awareness for the fight against breast cancer.

  • Not just a lot of hot air: Walmart boosts sustainable rep with wind power

    BENTONVILLE, Ark. — Walmart has unveiled its first onsite large-scale wind turbine pilot project at  its distribution center in Red Bluff, Calif. The wind turbine, expected to be operational by this fall, will provide roughly one megawatt of power or 15% to 20% of the distribution center's yearly electrical use.

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