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  • Report: Rite Aid pays $12.3M in environmental suit

    East Pennsboro Township, Pa. – Rite Aid has reportedly been ordered to pay $12.3 million in a civil lawsuit accusing the retailer of illegally dumping hazardous waste from more than 600 stores in California. According to the Los Angeles Times, San Joaquin County Superior Court Judge Linda L. Lofthus handed down the ruling in a suit brought against Rite Aid by the district attorneys of San Joaquin, Los Angeles and Riverside counties.

  • Big Lots joins big board

    Big Lots has joined the National Association of Corporate Directors (NACD) as full board members. 

    NACD full board member companies range in size from large-cap to small-cap companies. Through their membership, these companies become part of a diverse director community and have the opportunity to share and gain insights about current and emerging issues and to take part in NACD's director education programs.

  • B&N offers Membership Appreciation Days

    New York – Barnes & Noble, Inc. is offering Member Appreciation Days, a special savings event for new and current Barnes & Noble loyalty members. Starting Sept. 26 through Sept. 29, members will receive a 20% in-store discount on products in Barnes & Noble stores nationwide including books, gifts, toys, games, movies, and café items.

    Members already receive a 10% discount on most purchases, as well as 40% of hardcover books and online savings.

  • Comps up for Bed Bath & Beyond’s second quarter

    A recovering housing market spells good news for the home and housewares, as seen in Bed Bath & Beyond’s second quarter results for the period ended Aug. 31.

    The company reported net earnings of $1.16 per diluted share, or $249.3 million, for the quarter, an increase of 18.4% versus net earnings of $0.98 per diluted share, or $224.3 million, in the same quarter a year ago.  

  • Toys ‘R’ Us opens Halloween ‘Boo-tiques’

    Wayne, N.J. – Toys ‘R’ Us is opening Trick ‘R’ Treat “Bootiques” inside Toys "R" Us stores nationwide and online at Toysrus.com. These in-store shops feature a broad assortment of Halloween costumes, accessories, candy, gear and more.

  • Sam’s Club opens in Rock Hill, S.C.

    Rock Hill, S.C. — Sam’s Club will open its new Rock Hill, S.C., club on Sep. 26. The grand opening will feature Greg Olsen, tight end for the Carolina Panthers, graffiti artist Reid Bramhall, face painting by Tony the Tiger and a book signing by TV chef and restaurateur Jami Deen.

  • AutoZone same-store sales lower than expected

    Domestic same-store sales at AutoZone for the fourth quarter ended Aug. 31 increased 1% — below expectations. The company did have reason to ride high, however, because it also posted its 28th consecutive quarter of double digit growth in earnings per share. 

    Diluted earnings per share increased 23.2% to $10.42 per share from $8.46 per share in the year-ago quarter. Moreover, net sales were $3.1 billion for the quarter, a 12% jump from the same quarter last year. 

  • Buckle leases space at Golden Triangle Mall

    Denton, Texas — Denim specialty retailer Buckle plans to open a store at Golden Triangle Mall on Oct.17. Golden Triangle, Denton’s only mall, features Macy’s, Dillard’s, J.C. Penney, Sears, Barnes & Noble and DSW Show Warehouse as anchors.

    Cencor Realty Services manages the mall, and The Weitzman Group www.weitzmangroup.com is the exclusive leasing agent for the property.

     

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