Retail

October 2013 is projected to be the coolest in four years for the U.S. as a whole. Expect colder year-on-year trends across the Northeast and Southwest, especially during retail weeks one, three and four. Wetter trends will encompass the Texas to Louisiana Gulf Coast, where tropical storm and hurricane potential will be the highest should any storms develop this month and threaten the U.S. mainland. The northern tier of the U.S. will trend drier than last year, especially across the Great Lakes.

Cincinnati -- The Kroger Co. today announced its inaugural listing on the Dow Jones Sustainability Index-North America.

The Dow Jones Sustainability Index-North America tracks the economic, environmental and social sustainability performance of the top 20% of the 600 largest North America-based companies in the Dow Jones Global Total Stock Market Index.

Sales at Indianapolis-based athletic footwear and apparel retailer Finish Line grew 13.3% to $436 million and earnings per share increase 10.2% to 54 cents, nine cents better than analysts forecast for the period ended August 31.

Company chairman and CEO Glenn Lyon characterized the performance as solid, and credited a 0.9% comp increase and expense control for profit growth.

New York – Private equity firm KKR & Co. LP has reportedly dropped out of the auction for Jones Group Inc. According to Reuters, KKR, in partnership with private equity group Sycamore Partners LLP, was the only entity trying to buy the entire Jones Group company.

Bidding continues on parts of Jones Group and the company is soliciting new bids. It is not clear whether Sycamore Group will continue to bid on part or all of Jones Group and KKR, Sycamore Group and Jones Group did not comment in the article.

PetSmart's board of directors has approved a motion to increase the company's quarterly dividend by 18% from $0.16 to $0.19 per share beginning in the third quarter.

The dividend of $0.195 will be paid Nov. 15 to stockholders of record at the close of business Nov. 1. This is equivalent to an annual rate of $0.78 per share.

Irvine, Calif. — LA Fitness has announced that it will open its fourth location in San Antonio. Construction of the 45,000-sq.-ft club will begin in the spring of 2014. LA Fitness has over 45 locations throughout Texas, concentrated in the Dallas/Fort Worth and Houston areas.

When complete, the new LA Fitness will create approximately 50 new full-time and part-time jobs.

Mashnatucket, Conn. -- Foxwoods Resort Casino is reportedly building a 300,000-sq.-ft. retail center that will house outlet shops. According to the Associated Press, Foxwoods is partnering with Tanger Factory Outlet Centers Inc. to create a Tanger Outlets complex that will feature more than 80 retailers, including American Eagle Outfitters, Ann Taylor, Banana Republic, Calvin Klein and Nike.

Brentwood, Tenn. — Tractor Supply Company has announced the opening of its first store in Nevada — in Carson City. The move is part of the company’s expansion strategy into the western region of the country. Tractor supply plans to open 100 to 105 stores in 2013.

The company currently operates more than 1,223 stores in 47 states and plans to grow to 2,100 stores.