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  • New chef named to Macy's Culinary Council

    NEW YORK -- Marc Forgione is the latest chef to join Macy's Culinary Council, the company announced. According to Macy's, the council is "a team of talented and distinguished chefs who serve to inspire the way Macy's customers shop, cook and eat at home.

    Forgione, who was recently crowned season three winner of Food Network's TheNext Iron Chef, will kick-off his new position on Macy's Culinary Council with an in-store cooking demonstration at Macy's Chicago on State Street on March 8 at noon.

  • PCC Natural Markets awarded LEED Platinum

    Seattle -- The newest location of PCC Natural Markets (PCC), the nation’s largest natural foods retail cooperative, has been LEED (Leadership in Energy & Environmental Design) Platinum from the United States Green Building Council. The store, in Edmonds, Wash., is also Salmon-Safe certified, making it the only grocery store in the nation to have earned both honors.

  • B&N Nook legal matter settled

    NEW YORK -- Barnes & Noble's legal matters related to its Nook e-reader may be resolved, as the company announced that it has settled a lawsuit brought against the company by Spring Design Inc. Spring Design initiated legal action against Barnes & Noble in November 2009, in the United States District Court for the Northern District of California, claiming that the bookseller illegally copied the screen design of the Spring Alex e-reader. 

  • Ascena Retail Group’s Q2 income nearly doubles

    Suffern, N.Y. -- Ascena Retail Group's fiscal second-quarter net income nearly doubled to top expectations, buoyed by solid results at its Justice stores.

    The company, formerly The Dress Barn, reported net income of $42.5 million for the quarter, up from $21.7 million last year.

    Revenue for the period ended Jan. 29 was up 27% to $752.2 million, better than the Street's $716.2 million estimate. Same-sale sales rose 9%.

  • Staples grows profits despite soft sales

    Framingham, Mass. -- Fourth-quarter sales at Staples increased slightly to $6.4 billion, net income increased 17% to $275 million, and earnings per share increased 19% to 38 cents courtesy of a favorable tax benefit of six cents.

    Staples chairman and CEO said he was proud of all the company achieved in 2010.

  • Costco Q2 earnings up 16% on international growth

    Issaquah, Wash. -- Costco Wholesale Corp.'s fiscal second-quarter net income rose 16% as the chain benefited from stronger business overseas and growing membership.

    Costco reported net income of $348 million for the period ended Feb. 13, up from $299 million a year ago. The results were in line with expectations.

    Revenue climbed 11% to $20.88 billion, topping estimates of $20.4 billion. Same-store sales increased 7%. The figure rose 12% internationally and 5% in the United States.

  • Regency Centers to renovate Beckett Commons

    West Chester, Ohio -- Jacksonville, Fla.-based Regency Centers said it has begun construction to renovate Beckett Commons shopping center, located in West Chester, Ohio.

    The center remodel will include demising vacant space into six additional side shop spaces, new exterior façade and awnings, upgraded signage, new roof and HVAC units.

  • Five Guys Burgers and Fries to open at Geneva Commons

    Geneva, Ill. -- Oakbrook Terrace, Ill.-based Mid-America Asset Management said that Five Guys Burgers and Fries recently signed a lease for 2,158 sq. ft. at Geneva Commons in Geneva, Ill., a western suburb of Chicago.

    The new restaurant will open at the 437,650-sq.-ft. lifestyle center in the spring.

    In other Geneva Commons news, the following retailers recently renewed their leases at the lifestyle center: Chicago Home Fitness, Francesca's Collections, Kay Jewelers, Learning Express and Stride Rite.
     

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