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Convenience Stores

  • NCR buys retail software provider

    DULUTH, Ga. -- NCR, an electronics company specializing in POS and self-service systems, announced it has completed its acquisition of Retalix Ltd., a leading global provider of retail software and services.

  • Discount sector posts strong January showing

    New York -- There were few missteps among the discounters in January, as most posted strong results, many surpassing Wall Street expectations.

    Target reported a same-store sales rise of 3.1%, topping Wall Street expectations. Total sales surged 29.6% to $5.97 billion in January.

  • Fred's looking toward accelerating pharmacy growth in 2013

    MEMPHIS, Tenn. — Fred's Super Dollar on Thursday reported sales for the five-weeks ended Feb. 2 were up 31% to $173.6 million. Comparable-store sales were up 28.6%. 

    On an adjusted basis, which eliminates the one week ended Feb. 2, sales were up 2% and same-store sales were flat, Fred's added. 

  • Nestle sweetens Valentine's Day assortment

    GLENDALE, Calif. — Nestle today announced new additions to its line of Valentine’s Day offerings.

    This season's collection includes the new Wonka Lik-M-Aid Fun Dip Mystery Flavor Valentine Exchange Kit. Returning this year are Lik-M-Aid Fun Dip Valentine Exchange Kit, Nestlé Crunch and Butterfinger Hearts, Wonka's best-selling Nerds , Pixy Stix, or Laffy Taffy Candy and Card Kits, Wonka Sweetarts Lollipops and Wonka Sweetarts Hearts.

  • NPD: Consumers typically put off Valentine’s Day to last week

    Chicago -- Seventy-eight percent of those who celebrate Valentine’s Day plan to shop a week or less before the actual day, and still many wait until Feb. 13 or Feb. 14 to purchase, finds recent by The NPD Group.

    Women do not begin their Valentine’s Day shopping much earlier than men; one-in-three female buyers (32%) wraps up her shopping Feb. 13-14, and 47% of men made their final Valentine’s Day purchase on Feb. 13 or 14, according to NPD’s SnackTrack Holidays Valentine’s Day Profile.

  • CVS Caremark bullish on international opportunities

    WOONSOCKET, R.I. — CVS Caremark executives expressed optimism Wednesday morning as the company posted record fourth-quarter results, raised its 2013 guidance and continues to work to leverage its distinctive business model to help people on their path to better health amid a rapidly changing healthcare environment.

  • Beverage brand eyes growth with TEN extension

    The Dr Pepper Snapple Group is looking to build on the success of last year’s introduction of Dr Pepper TEN by extending the low calorie franchise to its other leading brands.

  • Kroger promotes perishables VP to head of Central division

    CINCINNATI — Kroger has promoted Jeff Burt, formerly group VP perishables, merchandising and procurement, to president of the company's Central division. Kroger's Central Division operates 136 food stores primarily in Indiana and Illinois.

    Mr. Burt, 50, has been group vice president of perishables merchandising and procurement since 2010. He succeeds Bob Moeder, who recently announced his plans to retire this spring.

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