Sales & Marketing

Operational changes keep coming at Walmart with another round of senior executive moves – and several retirements – announced late Friday that involve some familiar leaders in new roles focused on supercenters, small format and the rollout of grocery home shopping.

By Jessica Lee, senior manager of mobile, HelloWorld

Specialty retailer Christopher & Banks has come up with an innovative celebration of women to drive traffic this Mother’s Day.

The retailer will solicit nominations for, and select, Amazing Women to be recognized for their selfless giving and positive impact on the lives of those around them. The first search this year will be launched in celebration of Mother's Day with nominations open through May 10.

Woonsocket, R.I. - CVS Health showed vitality in the first quarter of fiscal 2015. The retailer beat expectations in areas such as earnings per share (EPS) and pharmacy benefit management (PBM) operating profit.
 

Sunbury, Pa. – A reduction in pretax income drove an 11% year-over-year decline in net income at Weis Markets Inc. during the first quarter of fiscal 2015. Net income fell to $13.11 million, from $14.77 million the same quarter a year earlier.

Net sales fared better, rising 4% to $712.43 million, from $687.13 million. Same-store sales rose 3.4%.

Lakeland, Fla. – Publix Super Markets Inc. satisfied the public in the first quarter of fiscal 2015. The retailer’s net income jumped 11% to $548.9 million from $493.7 million in the same period a year earlier.

Sales were $8.3 billion, a 7% increase from $7.8 billion. Same-store sales increased 5.3%.

Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors.

Tuesday Morning Corp. completed its turnaround initiative in the third quarter, closing 21 stores and narrowing its loss to $2.8 million.

The company also said that Melissa Phillips has been promoted to president and chief operating officer from executive vice president and general merchandise manager.

Lowe's Innovation Labs has come up with a way to allow shoppers to customize every knob, door and handle in their home.