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Sales & Marketing

  • Foot Locker Q4 profit up on higher sales

    New York -- Foot Locker Inc. on Friday said its fourth quarter profit rose to $104 million from $81 million a year earlier.

    Sales jumped 14% to $1.71 billion, including the benefit of an extra week. Same-store sales rose 7.9%.

    For fiscal year 2012, which included 53 weeks, the company reported net income of $397 million, compared to $278 million a year earlier.

    Total sales increased 9.9% in 2012 to $6.182 million, compared with sales of $5.623 million last year. Same-store sales were up 9.4% in 2012.

  • Health advocates get Birds Eye view into ending childhood obesity

    PARSIPPANY, N.J. — Birds Eye, a brand of Pinnacle Foods, was invited to share its successful strategy for getting youth to eat their vegetables at the Partnership for a Healthier America's (PHA) 2013 Building a Healthier Future Summit this week, at a time when childhood obesity experts are looking for new approaches and new options to tackle this complex issue.

  • rue21 names chief administrative officer

    Warrendale, Pa. -- rue21 announced that Stacy B. Siegal, the company's current VP, general counsel and corporate secretary, has been promoted to the additional position of chief administrative officer.

    Siegal has served as the company's general counsel and corporate secretary since March 2010. In her expanded role, she will assume responsibility for human resources division while also retaining oversight of the company's legal matters, regulatory compliance and corporate communications.

     

  • Bad weather doesn't rain on Stein Mart's Feb. sales

    JACKSONVILLE, Fla. — Stein Mart reported that its total sales for the month of February were $85.2 million, an increase of 5.6% over total sales of $80.7 million for the four-week period ended Feb. 25, 2012. Comparable-store sales for the month increased 0.6%.

  • Gap’s February Q4 same-store sales rise 3%, topping estimates

    New York -- Gap Inc. said Thursday that its February same-store sales rose a better-than-expected 3% for the four weeks ended Feb. 25. Analysts expected a 2% increase.
       
    The chain was due to release the sales figures after the market closed, but put them out at midday after they were found in a leaked transcript of prerecorded comments.

    By division, same-store sales rose 2% at Gap and 6% at Old Navy. They fell 5% at Banana Republic.

  • Earnings surge makes PetSmart the cat's meow

    PHOENIX — PetSmart reported that its fourth quarter earnings were up 36% to $1.24. Comparable-store sales, or sales in stores open at least a year, grew 4.6%, benefitting from comparable transactions growth of 1.2%. Total sales for the quarter were up 15% to $1.9 billion.

    For the year, the company delivered earnings per share of $3.55, up 39% compared with $2.55 last year. Comparable-store sales grew 6.3%, benefitting from comparable transactions growth of 2.4%. Total sales for the year were $6.8 billion, up 11%.

  • Brooks Brothers taps Demandware to power digital commerce initiatives

    Burlington, Mass. -- Demandware, a leading provider of enterprise cloud commerce solutions, announced that Brooks Brothers launched a new e-commerce site on the Demandware Commerce platform.

  • Things get steamy with Black & Decker mops

    Towson, Md.-based Black & Decker introduced four new models of germ-killing steam cleaning units.

    The units use water to kill 99.9% of germs to achieve a deep down clean, according to the company. 

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