eCommerce

BENTONVILLE, Ark. —  Of all the mobile games out there, perhaps none is as popular, or addicting as Angry Birds. And the Angry Birds phenomenon doesn't end with digital games; plush toys, board games and costumes have all been inspired by this app. As the world's most-downloaded mobile game, it is no surprise that Rovio Entertainment would want to team up with Walmart for the newest version of Angry Birds, which will be released in app stores on March 22.

Plymouth Meeting, Pa. -- Fameco Real Estate announced that Sports Clips has signed its sixth lease in the Philadelphia region as part of an aggressive store roll out campaign.

Sports Clips is focusing its efforts on the Philadelphia MSA and Fameco’s Jim Creed is spearheading the expansion in this market which includes southeastern Pennsylvania, southern New Jersey and Delaware.

Morrisville, N.C. -- Columbus, Ohio-based Casto announced that construction will commence on the next phases of the mixed-use lifestyle center, Park West Village, located in Morrisville, N.C.

Another 200,000 sq. ft. of retail space launches construction this month, according to Shannon Dixon, VP development, leasing and asset management for Casto’s Southeast operations.

Joining the next phase of Park West Village is a 55,000-sq.-ft. state-of-the-art 14-screen cinema, operated by Stone Theatres, formerly Consolidated Theatres.

Whiting, Ind. -- Survey results released Wednesday by CouponCabin.com found that 41% of U.S. adults who purchase apparel say that they only buy clothing when it’s on sale.

Nearly one-quarter (23%) of U.S. adults said their shopping strategy involves doing whatever they can to save money.

The Spring Shopping Survey, conducted online by Harris Interactive, contained the following highlights:

WABAN, Mass. — There most be something to that REDcard Rewards program. Target this week was among the companies with the most loyal customers, according to a new study by Temkin Group. The report, "2012 Temkin Loyalty Ratings," rated the loyalty that consumers have to 206 large companies across 18 industries.

Target with a rating of 59%, ranked No. 8 on the list. Sam's Club earned the top spot with a loyalty rating of 65%.

Bentonville, Ark. -- Walmart announced that it will partner with Rovio Entertainment, maker of Angry Birds, on the launch of Angry Birds Space, the newest version of the world's most-downloaded mobile game, which will be released in app stores on March 22. The partnership will integrate retail, social media and gaming components, and launch in more than 3,000 Walmart U.S. stores on March 25.

Memphis, Tenn. -- Fred’s reported Wednesday that net income for the fourth quarter jumped 14%, boosted by more robust sales and a favorable tax adjustment.

Profit for the quarter ended Jan. 28 rose to $9.8 million, from $8.6 million in the year-ago period.

Revenue rose 2.5% to $497.6 million, missing Wall Street’s expected $498.4 million in sales.

Same-store sales were flat.

Target announced completion of a $10 billion share repurchase program this week and reminded investors of its commitment to more than double its annual dividend payment to $3 by 2017. Too bad Apple announced the same day it would begin paying its first ever quarterly dividend of $2.65 later this year.