Retail

Fort Worth, Texas -- RadioShack Corp. reported Monday that profit for the quarter ended Sept. 30 rose 23% to $46 million, compared with a profit of $37.4 million in the year-ago period.

Revenues increased 6.5% to $1.05 billion, compared with sales of $990 million a year earlier. Wall Street expected revenue of $1.03 billion.

Same-store sales rose 6.2%.

CINCINNATI - Kroger announced that Jeffrey Burt has been promoted to group VP perishables merchandising and procurement.

Burt previously served as VP deli/bakery merchandising and procurement for the company, a position he has held since 2004.  Prior to that, Burt held leadership roles at QFC, the Kroger division based in Seattle.  He began his career with Kroger in 1986 as a management trainee.

Aeropostale is betting big on New York City’s Times Square, opening a 19,000-sq.-ft. global flagship -- its largest unit and second street front location to date -- in the heart of the tourist Mecca. It’s estimated that Times Square gets two million visitors on a daily basis.

The two-level store is intended to raise the teen retailer’s profile and serve as a platform for its international expansion. By the end of this year, the chain will have 50 stores in Canada and 10 in Dubai.

(October 28, 2010) Predicting consumer behavior is always risky, particularly in today’s uncertain economic climate. But global market research firm Mintel has taken on the challenge, identifying nine key consumer trends for the coming year. From shopping for bargains to working beyond retirement age, a good number of the trends are tied into the recession and its lingering aftermath.