Retail

SALISBURY, N.C. — Food Lion has partnered with the American Red Cross to accept register and online donations to support disaster-relief efforts and help replenish the American Red Cross Disaster Relief funds in the wake of Hurricane Sandy. 

Matthews, N.C. -- Harris Teeter Supermarkets reported Friday a profit of $22.8 million in its fourth quarter, compared with a loss of $8.9 million last year.

Sales edged up 3.7% to $1.14 billion, and same-store sales increased 3.01%.

The grocer has introduced a new format and banner – 201central – that it is using as a platform to sell a global variety of wine, beer, specialty foods and other selected merchandise.

Plans for fiscal 2013 include 12 new stores and nine major remodels.

Former OfficeMax executive Ryan Vero has been named SVP and president of grocery, drug and pharmacy at Sears Holdings.

Vero spent 17 years with OfficeMax and last served as the company’s EVP and chief merchandising and marketing officer. In his new role with Sears Holdings, Vero will be responsible for the oversight, leadership and growth, both in-store and online, for the company’s grocery, drug and pharmacy businesses.

Brisbane, Calif. -- Bebe stores reported Friday a net loss of $2.6 million for the quarter ended Sept. 29, compared with net income of $2.4 million for the year-ago period.

Sales slipped 7.3% to $117.1 million from $126.3 million, and same-store sales dropped 8.7%.

During the quarter, the company opened five 2b stores and closed seven Bebe stores, and said it expects to open five Bebe stores and one 2b store in fiscal 2013 as well as close five Bebe stores and one 2b pop-up store.

Los Angeles -- Guess said Thursday that its COO J. Michael Prince and CFO Dennis Secor both have resigned the company to pursue other interests.

Prince’s departure is effective Nov. 26 and Secor will stay until Dec. 7.

The company said it does not have any immediate plans to replace the COO position and will realign these responsibilities among various senior executives. Michael Relich, executive VP and CIO, will assume additional operational responsibilities, including logistics. 

This holiday season promises to be the most digital of all time with forecasts calling for e-commerce growth to handily outpace overall industry sales. At UPS, the multi-channel movement is a trend we have watched intensify and helped facilitate during the past decade. Chances are good one of our delivery vehicles will visit your home or that of a family member this Christmas.

Seattle -- Nordstrom said it plans to open a Nordstrom Rack in Birmingham, Ala. This will be the retailer's first location in the state.

The approximately 35,000-sq. ft. store is scheduled to open in spring 2013 at River Ridge Shopping Center. The center is owned and operated by DDR Corp.

The 430 unit Sheetz convenience store chain will have a new president and CEO with a familiar name in 2013.

The $6.3 billion company announced that Joe Sheetz, currently EVP of finance and store development, would become president and CEO and current president and CEO Stan Sheetz would assume the title of chairman. Current chairman Steve Sheetz fills a newly create position as the company's family council chairman. The changes take effect October 2013.