Retail

Indianapolis -- Appliance and electronics retailer Hhgregg reported Tuesday that net income for the quarter ended Dec. 31 rose 18.4% to $26.9 million, compared with $22.7 million in the year-ago period.

Net sales increased 30.6% to $653.7 million. Same-stores dropped 6.2%.

CHICAGO — While many consumers tend to choose less expensive products when times are tough, lower-income Hispanics that predominantly speak Spanish tend to buy brand-name personal care products at a higher rate than their English-dominant counterparts, according to recent research by Mintel.

MINNEAPOLIS — In the wake of Walgreens' Big Flats 1901 entry, Supervalu recently introduced its “high quality, low-price” private-label American lager Buck Range Light.

Buck Range Light, which retails for about $5.99 for a 12-pack, will roll out in Supervalu banners nationwide, including Albertsons, Jewel-Osco, Cub Foods and more.

TOWSON, Md. -- Black & Decker has introduced its new rechargeable mower, the 36V Variable-Speed Self-Propelled Cordless Rechargeable Mower, which allows users to adjust the mowing speed to their personal pace so they can achieve great cutting results with minimal effort, according to the company.

NEW YORK — Coty has announced the launch of the new fragrance Reveal by Halle Berry.

The fragrance complements her fragrance collection, Halle by Halle Berry and Pure Orchid by Halle Berry. Reveal is designed to be a memorable fragrance that captures the spirit of classic glamour with a modern, sexy twist.

ROCKVILLE, Md. -- The Walmart Foundation and Goodwill have teamed up to provide single mothers with all the tools they need to find employment, succeed in the workplace and permanently support their families. The Walmart Foundation's grant of $2.5 million will support the program, known as Beyond Jobs, at Goodwill agencies in the five key markets of Atlanta, Boston, Los Angeles County, Detroit, and New York City, through 2012.

HUNTINGTON BEACH, Calif. — A new line of toy firing systems features ammunition that disintegrates on impact.

The Xploderz lineup of products include the XBlaster 200, Face Off 400, XStormer 1000 and XRanger 2000. Each gun shoots ammunition made with H2Grow technology that disintegrates on impact.

The XBlaster 200 is an easy-to-handle blaster that features a power arm, ammo clip and 200 Xploderz rounds, and shoots up to 50 ft. The XBlaster 200 carries a suggested retail price of $12.99.

Now that Verizon has the iPhone, AT&T is offering some sweet offers to hang onto its existing subscribers, and it has enlisted the aid of Target to accomplish that objective. Target began selling the iPhone last November three months after announcing a partnership with RadioShack to offer mobile centers in its stores, and on Friday series of trade-in opportunities were offered at the 846 stores where TargetMobile is available.