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Retail

  • Petco and Padres score with dog promotion

    Baseball fans and pet owners will have an opportunity to take their best friend with them to the ballpark later this summer when Petco holds its 11 annual “Dog Days of Summer” event and pregame “tail” gate party.

    Petco hosts the event at Petco Park on Wednesday, July 1 for the 12:40 p.m. home game between the San Diego Padres and the Seattle Mariners. After hosting the event for 11 years, Petco has the logistics and unique operational considerations associated with bringing 500 dogs into a Major League Baseball stadium down pat.

  • Domino’s names executives including new marketing head

    Ann Arbor, Mich. - Domino's Pizza has announced several key internal leadership appointments and promotions, including naming Joe Jordan, 41, as VP and chief marketing officer.

    Jordan has been with Domino's since 2011 when he began serving as the VP of marketing innovation. Most recently, Jordan was VP of field marketing where he spearheaded the realignment of interdisciplinary resources to better support franchisees at the local level. Prior to Domino's, he held marketing roles at Accenture, Philips, Unilever and PepsiCo Inc.

  • New collections help Tiffany & Co. drive sales

    The stronger dollar hurt Tiffany and Co. in the first quarter, but the retailer's new efforts to woo ultra-wealthy shoppers helped offset weakness in its tourist business.

  • Clearance helps DSW beat Street with profits; 35-40 new stores planned

    Columbus, Ohio – DSW Inc. beat Wall Street expectations with first quarter profits that were aided by a reduction in clearance-priced merchandise. Net income in the first quarter of fiscal 2015 rose 22% to $47.37 million, from $38.64 million a year earlier.

    Net sales grew 9% to $655.49 from $598.95 million. Same-store sales improved 5.1%.

  • Krogers supports USO with new campaign

    The Kroger Co. is teaming up with the USO on a new customer engagement campaign to raise money for military veterans and their families.

    Customers and associates of Kroger Co. stores (including Ralph's, Food 4 Less and other divisions) will be able to show their support through July 21 by donating their spare change in specially-marked coin boxes at the check stands in all Ralphs supermarkets. One-hundred percent of all donations will go to the USO. But new this year is a digital marketing element in which veterans tell their stories on honoringourheroes.com.

  • 99 Cents Only names former Kmart exec as interim president/CEO

    City of Commerce, Calif. - 99 Cents Only Stores has named Andrew Giancamilli, chairman of the company’s board of directors, as interim president and CEO, replacing Stéphane Gonthier, who has resigned.

  • DSW marches onward with omnichannel sales growth

    Footwear and accessories retailer DSW Inc., successfully navigated the west coast port challenges that plagued other retailers first quarter performance to deliver strong results while furthering an endless aisle agenda.

    The company said its sales for the period ended May 2, increased 9.4% to $655 million and same store sales accelerated to 5.1% when compared to a 3.7% increase during the first quarter the prior year. Net income increased 22.6% to $47.4 million while earnings per share increased 26.2% to 53 cents.

  • Chico’s profit meets forecasts but sales miss

    Ft. Myers, Fla. -- Chico's FAS Inc. on Wednesday reported that its first-quarter profit dropped 18% amid restructuring charges and lower sales.

    The apparel retailer reported a profit of $32.5 million for the period ended, down from $39.9 million in the year-ago period. The results met Wall Street expectations.

    Revenue rose 1.7% to $693.3 million in the period, which was short of Street forecasts.

    Same-store sales fell 0.1%.
     

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