Sales & Marketing

Pleasanton, Calif. -- Safeway Inc. reported Thursday that net income for the first quarter rose to $81.6 million, from $25.1 million in the year-earlier period.

Sales edged up 2.4% to $10 billion, from $9.8 billion last year. Same-store sales were flat.

“We continue to believe sales will grow as our new marketing initiatives take hold," said Steve Burd, chairman and CEO.

Loveland, Colo. -- The Promenade Shops at Centerra, located in Loveland, Colo., announced that Medicine Bow Furnishings has opened a new store at the south end of the center, across from Barnes & Noble.

The Promenade Shops at Centerra features over 72 shopping, dining and entertainment destinations.
 

Southbury, Conn. -- Real estate firm RHYS Commercial announced that T.J. Maxx has signed a long-term lease to open a 22,000-sq.-ft. store at Southbury Plaza, located in Southbury, Conn.

Southbury Plaza, owned by Gatto Development Corp., is a 300,000-sq.-ft. shopping center anchored by Stop & Shop Supermarket, Kmart and Panera Bread.
 

Fredericksburg, Va. -- Youngstown, Ohio-based Cafaro Co. announced that Parmida Home will open a new store at The Village at Towne Centre, near Fredericksburg, Va.

The 6,900-sq.-ft. store is slated to open in early November across from Sephora.

The Village at Towne Centre is the outdoor shopping district of Spotsylvania Towne Centre, a 1.7 million-sq.-ft. complex offering more than 120 department stores, specialty shops, restaurants, hotels and entertainment venues.
 

PLANO, Texas — JCPenney has made a number of key appointments in the areas of real estate, supply chain, communications, marketing and philanthropy.

By Sam Khalilieh, [email protected]

Study after study has concluded that adding doors to medium temperature coolers (MTC) is a great solution for a variety of issues that plague grocery retailers. Whether looking at energy use, operational costs, product safety, or consumer comfort, there is no down side to adding doors. So why do so many overlook this very basic approach? This question has been puzzling me for a long time.

SIDNEY, Neb. — Cabela's revenue for the first quarter increased 6.3% to $623.5 million and included a retail store revenue increase of 14.4% to $345.3 million and a direct revenue decrease of 8.3% to $190.2 million. For the quarter, comparable-store sales increased 4.2%.

The company reported that net income increased 62% to $28.8 million compared with $17.8 million in the year ago quarter, and earnings per diluted share were 40 cents compared with 25 cents in the year ago quarter.

New York -- Liz Claiborne Inc. reported Thursday that it narrowed its loss in the first quarter to $60.6 million, compared with a $96.3 million loss in the year-ago period. Strong sales of the company’s Kate Spade and Lucky Brands goods strengthened the results.

Revenue for the period fell 4% to $317.1 million from $330.7 million, but beat Wall Street’s estimated $307.4 million in revenue.