Sales & Marketing

Thursday, September 13 at 9 a.m. central time is the start date for another one of Walmart’s sustainability milestone meetings. The company uses the gatherings, Webcast from its home office auditorium, to highlight a wide range of environmental initiatives that increasingly contribute to efforts to operate more efficiently.

Cincinnati -- The Kroger Co. reported a better-than-expected second quarter profit of $279.1 million, down from $280.8 million a year ago. The supermarket company raised its forecast for the full year, buoyed by its strong loyalty program and its ability to keep costs in line.

Revenue, including fuel, rose 3.9% to $21.73 billion.

San Francisco -- Gap Inc. announced Friday that it will open its first standalone store in Mexico, part of the retailer’s previously announced global expansion strategy.

The new store, to be located at Interlomas Mall outside Mexico City, expands on Gap’s store-in-store concepts in Liverpool Department stores in the region.

BOCA RATON, Fla. — Office Depot will auction off items worn by NASCAR driver Tony Stewart to raise money for the Office Depot's National Backpack Program.

Through Sept. 14, fans can bid on an autographed firesuit and helmet worn by Stewart, driver of the No. 14I Office Depot/Mobil 1 Chevrolet in the NASCAR Sprint Cup Series. The auction is accessible via www.OfficeDepotRacing.com.

CITY OF INDUSTRY, Calif. — Jerry Cook has resigned as chief store officer of Hot Topic, the retailer announced Thursday. The resignation is effective Feb. 28 and because of Cook's plans relocate his family to Texas and pursue other professional opportunities.

DEERFIELD, Ill. — Walgreens reported August sales of $5.9 billion, a decrease of 4.5% as compared with the same month in fiscal 2011.

August pharmacy sales decreased 7.2%, while comparable-store pharmacy sales decreased 12.4%. In addition to the Express Scripts impact, comparable-store pharmacy sales were negatively impacted by 7.9 percentage points due to generic drug introductions in the last 12 months. Pharmacy sales accounted for 64.1% of total sales for the month.

PURCHASE, N.Y. — MasterCard  has acquired Truaxis, Inc., a Silicon Valley, California-based provider of relevant credit and debit card-linked offers to consumers through merchants and financial institutions.

Deerfield, Ill. -- Walgreens said that customers can begin online enrollment into its new customer loyalty program, Balance Rewards. Customers who join online before the official program launch on Sept. 16 will have a chance to enter the chain’s 10 Million Point Giveaway sweepstakes.