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Retail

  • Kroger fuels up the savings at the pump

    CINCINNATI— Kroger is extending its summer fuel savings program through the fall and holiday seasons. Customers can now earn and redeem fuel points to save up to $2.00 off per gallon at Kroger Family of Stores Fuel Centers through Dec. 31.

    "At our customers' request we are pleased to extend our special offer doubling potential fuel savings up to $2.00 per gallon through the busy fall and holiday shopping seasons," said Michael Donnelly, Kroger's SVP of merchandising.

  • Costco, Target, Kohl's and TJX beat estimates

    New York -- Discounters reported strong-than-expected sales for August, fueled by back-to-school shopping, promotions and cooler weather in the Northeast.

    Costco Wholesale Corp.'s same-store sales in August rose 6%, beating the 4.5% rise analysts had projected.

    Target Corp. reported a 4.2% increase in same-store sales, better than the 3.1% increase that analysts had expected.

  • Pier 1 on the upswing in Q2

    FORT WORTH, Texas — Pier 1 Imports continued its comps momentum, reporting a 6.7% increase for its second quarter on top of last year's 10.8% gain. The company's three-year cumulative comparable-store sales increased 28.7%.

  • Walmart.com using new search engine with semantic search technology; seeing 10% to 15% increase in completed purchases

    Bentonville, Ark. -- Walmart announced a new search engine for Walmart.com. The new engine, named Polaris, was developed by a small team within @Wamart Labs,  the research and technology hub for innovation at Walmart. It uses semantic search technology to anticipate the intent of a shopper's search to deliver highly relevant results for them.  

  • Black & Decker adds gyroscope to screwdriver

    Towson, Md.-based Black & Decker has introduced the GYRO 4V MAX Lithium-ion Rechargeable Screwdriver (BDCS40G).

    The manufacturer describes the new product as “the world’s first motion-activated screwdriver.” It uses gyroscopic technology that allows users to rotate their wrist one-quarter turn to the right for forward or left for reverse.

    The variable speed feature and direction change that occurs with a twist of the wrist provide improved control while screwdriving, the company said.

  • Sam's Club offering diabetes screening

    BENTONVILLE, Ark. — According to the Centers for Disease Control and Prevention, about 1.9 million new cases of diabetes are diagnosed each year. To help its customers better understand this illness, Sam's Club Pharmacy locations are offering free diabetes and vision screenings (diabetes is a leading cause of blindness) for members and the public on Saturday, Sept. 8 from 11 a.m. to 3 p.m.

    Sam's Club's free diabetes screenings are valued at more than $150 and include:

    •    Glucose tests

  • Retailers make strong gains in August

    NEW YORK — Macy's, Limited Brands and Gap Inc. all posted August same-store sales that topped analysts' estimates as retailers across the board generally posted strong sales, boosted by back-to-school shopping and aggressive promotions. The strong showing comes shortly after the news that consumer confidence for August slumped to its lowest level of the year.

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