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Retail

  • Walgreens April sales climb

    Deerfield, Ill. -- Walgreens reported April 2013 sales of $5.98 billion, up almost 4% from $5.76 billion in the same month a year earlier.
       
    Despite declines in front-end sales, comparable front-end sales and customer traffic, slightly larger basket sizes and an almost 10% increase in comparable prescription fills helped boost overall sales.

    Same-store sales increased 1.2% from April 2012.

     

  • Parametric’s directed sound going into more Build-A-Bear Workshop stores

    San Diego, Calif. -- Parametric Sound Corp. announced that Build-A-Bear Workshop  will include the company's directed-sound product, HyperSound, in an additional 20-25 newly designed stores that it plans to open across North America this year. The stores have received rave reviews since the retailer unveiled its new interactive design in six locations in the fall of 2012.

    HyperSound immerses listeners in a robust 3D audio experience from just two speakers

  • Accenture: Retailers scale back global expansion

    New York -- The world’s largest retailers have been scaling back their global expansion activities, particularly in Asia, and turning their attention inward by integrating operations and strengthening their store, Internet and mobile sales channels, according to a new report by Accenture.
        

  • Dick’s Sporting Goods names new CFO

    Pittsburgh -- Dick’s Sporting Goods has named Andre J. Hawaux as executive VP of finance and administration and CFO. He will oversee finance, legal, strategic planning and risk and compliance.

    Hawaux has more than 30 years of experience as a retail/CPG executive, most recently as president of consumer foods at ConAgra Foods. He has also served in different executive roles in several divisions of PepsiCo.

     

  • Study: Marketing's influence in retail IT decisions growing sharply

    Austin, Texas -- The bond is growing stronger between retailers' marketing and IT departments, and investments and activity in marketing-related IT projects are on the rise, according to a new study from EKN. More than 60% of the survey respondents indicated that the number of IT projects focused on marketing initiatives will increase in 2013 over last year.
        

  • Starbucks shakes up senior management

    Seattle -- Starbucks Coffee Co. is shaking up its senior management team with five promotions and two new appointments. John Culver, head of the China-Asia Pacific region with more than 10 years of Starbucks experience, is being promoted to group president, China and Asia Pacific (CAP), channel development and emerging brands. Jeff Hansberry, a three-year Starbucks veteran who has worked on the channel development and emerging brands team, is being promoted to president of China and Asia Pacific and will report to Culver.

  • The Perfect Match: Market and Center

    As part of Von Maur's march beyond its core Heartland markets, in 2008 it opened a 130,000-sq.-ft. anchor store at the 1.1 million-sq.-ft. The Greene Town Center, located in Beavercreek, Ohio, and owned by MPI. That store has become the fashion heartbeat of a vibrant mixed-use destination that was originally built by MPI in 2006, expanded in 2008, and slated to expand again in 2014 with another 40,000 sq. ft. of retail.

  • Build-A-Bear-Workshop builds income, sales

    St. Louis -- Build-A-Bear Workshop reported increased net income and sales the first quarter of 2013 compared to the same quarter a year earlier, despite closing some stores. The retailer’s adjusted net income rose to $2.3 million, compared to an adjusted net loss of $500,000 in the first quarter of last year.

    Consolidated net retail sales were $102.9 million with 24 fewer stores compared to $95.2 million in the first quarter of 2012, an increase of 8% excluding the impact of foreign exchange. Consolidated same-store sales increased 10.4%.

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