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  • Charitable bottled water company claims top prize in Walmart contest

    SAN BRUNO, Calif. — HumanKind Water, PlateTopper and SnapIt Eyeglass Repair Kit have the distinction of being the winners of Walmart's Get on the Shelf contest -- beating out more than 4,000 inventors, entrepreneurs and small businesses to claim the coveted prize of being carried at Walmart.com and in Walmart U.S. stores.

  • Macy’s, Kohl’s, Costco fall short of expectations in April

    NEW YORK — Macy's Inc., Kohl’s, Saks and Costco’s Wholesale Corp. all reported results that fell short of expectations in April. An early Easter, which helped fuel March results, high gas prices, cool weather and renewed worries about the economy contributed to the decline, according to many analysts.

  • Despite earlier Easter, Limited, Ross, Limited deliver strong sales

    NEW YORK — Several apparel retailers, including Limited Brands, Zumiez and Ross Stores, posted better-than-expected sales in April. It was widely expected that an earlier Easter, which pushed demand into March, and cool weather would hurt sales.

    Limited Brands, parent of Victoria’s Secret, reported a 7% rise in same-store sales for April, beating estimates.

  • Best Buy loses another top exec

    NEW YORK — Best Buy’s chief marketing officer, Barry Judge, has resigned. His resignation follows the departure last month of chief executive Brian Dunn.

    Judge is “leaving the company to explore the next chapter in his career,” Greg Hitt, a spokesman for Best Buy, said by e-mail, in a Bloomberg report.

  • Body Central profit rises in Q1, on track to open 35 stores in 2012

    Jacksonville, Fla. -- Body Central Corp. reported Thursday that net income for the first quarter rose to $5.9 million, from $5.4 million in the same period last year. Sales increased 11.8% to $82.7 million, and same-store sales dipped 1.4%.

    The retailer, which operates 243 stores, said it is on track to open at least 35 stores in 2012.
     

  • Deb Shops launches e-commerce suit built on Demandware Commerce platform

    Chicago -- Deb Shops announced it has launched a new ecommerce site, built on the Demandware Commerce platform that uses improved design and enhanced functionality to give shoppers an optimal online shopping experience.

  • Best Buy chief marketing officer resigns

    New York -- Best Buy’s chief marketing officer, Barry Judge, has resigned. His resignation follows the departure last month of chief executive Brian Dunn.

    Judge is “leaving the company to explore the next chapter in his career,” Greg Hitt, a spokesman for Best Buy, said by e-mail, in a Bloomberg report.

  • Build-A-Bear Workshop narrows loss

    St. Louis -- Build-A-Bear Workshop posted a narrower-than-expected loss for the first quarter. The retailer reported a net loss of $1.0 million for the quarter ended March 31, 2012, down from a loss of $2.3 million last year.

    Consolidated net retail sales of $95.2 million represented a 1.6% increase compared to $94.2 million. Revenue came in at $96.4 million, missing the $97.6 million analysts had expected. Same-store sales in the quarter rose 3.6% in North America. Overall same-store sales rose 1.2%.

  • Specialty apparel mostly stays strong in April

    New York -- Several apparel retailers, including Limited Brands, Zumiez and Ross Stores, posted better-than-expected sales in April. It was widely expected that an earlier Easter, which pushed demand into March, and cool weather would hurt sales.

    Limited Brands, parent of Victoria’s Secret, reported a 7% rise in same-store sales for April, beating estimates.

    Teen clothing retailer Zumiez also beat expectations with a 10.1% gain in April. The Buckle’s same-stores sales edged up 1% slightly higher than analysts' estimates.

  • Network of Executive Women honors Walmart chief Duke with diversity award

    CHICAGO — The Network of Executive Women is honoring Michael Duke, president and CEO of Wal-Mart Stores, with its William J. Grize Diversity Hall of Fame Award, on June 28 during Women's Day at the LPGA in Rogers Ark. The award, named after the late CEO of Ahold USA, who was an early advocate of industry diversity, is bestowed upon industry leaders who have demonstrated "an enduring commitment to the advancement of women and to creating a diverse and inclusive workplace," NEW announced.

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