Sales & Marketing

Goodlettsville, Tenn. -- Dollar General reported Monday net income of $317 million for the quarter ended Feb. 1, compared with $293 million in the year-ago period, beating Wall Street expectations. The company also forecasted 2013 sales growth of 10%-12%, slightly below analysts’ views.

Revenue edged up 0.5% to $4.21 billion in the quarter, missing Wall Street’s expected $4.26 billion. Same-store sales rose 3%.

For the full year, profit grew to $953 million from $767 million, and revenue rose 8.2% to $16.02 billion.

SOUTHPORT, Conn. — Sturm, Ruger & Company, a firearms manufacturer, announced that the company has been named Vendor of the Year by Cabela’s.

Minneapolis -- Shortly after abandoning buyout possibilities of his former company, Best Buy co-founder and former chairman Richard Schulze announced Monday that he is returning to the retailer as chairman emeritus.

Schulze, who is Best Buy’s largest shareholder, is nominating two former Best Buy executives to join him on the board: former CEO Brad Anderson and former COO Al Lenzmeier.

Digital coupon site, Coupons.com, has announced the public beta launch of KitchMe, a next-generation meal planning and savings web application. Free to use, the application is available at www.kitchme.com and can be used with desktop and mobile browsers. Coupons.com also announced the acquisition of KitchMe, the San Francisco-based startup that designed the application. Both co-founders of KitchMe, Stella Kleiman and Gene Reddick, have joined the Coupons.com team.

NEW YORK — Barnes & Noble announced that it will soon offer in-app purchaising via its Nook products through a partnership with industry-leading mobile payment provider Fortumo. App and game developers will be able to sell premium digital content in their products seamlessly and safely to millions of Nook customers through the Nook store (www.nook.com). 

Waban, Mass. -- Research results released Monday by Temkin revealed that, based on a study of 10,000 U.S consumers, American Express and USAA earned the top spots in the credit card sector.

According to the 2013 Temkin Experience Ratings, HSBC was the lowest rated credit card issuer for the third consecutive year.

"USAA and American Express set the pace for customer experience in credit cards while HSBC is a real black sheep in the industry," said Bruce Temkin, managing partner, Temkin Group.

PARIS — Beauty brand Coty has announced the renewal of the partnership agreement for the Pristine Seas program between the National Geographic Society and Davidoff Cool Water.

 "This relationship with National Geographic is a cornerstone for Davidoff Cool Water. The link we have created with the ocean has grown stronger, and we feel it is essential to keep working on this partnership," stated Jean Mortier, president of Coty Prestige.

New Orleans -- Smoothie King Franchises said Monday it plans to open 70 franchise and 30 corporate locations across the U.S. in 2013.

Since December 2012, the smoothie franchise has acquired six additional locations in Florida and Texas, bringing the total number of corporate stores to seven. The company also has opened six new franchise locations since the start of the year.