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  • Weis Markets elevates EVP Kurt Schertle to COO

    Weis Markets has promoted Kurt Schertle, previously the company’s EVP, to COO.

  • Haier bids adieu to Broadway with new HQ

    Home appliance and consumer electronics manufacturer Haier America has chosen the northern New Jersey town of Wayne as the location of its new 56,000-sq.-ft. U.S. headquarters.

    The new facility will be home to 200 employees, training centers, customer service operations and a product showroom where retailers can see new products and concepts. Renovations are currently underway on a building at 1800 Valley Road in Wayne, N.J., that will replace the company’s current office at 1356 Broadway in Manhattan this fall.

  • Ascena Retail Q2 profit down; cuts outlook

    Suffern, N.Y. -- Ascena Retail Group, the operator of Lane Bryant, Justice and Dress Barn stores, reported second-quarter profit of $31.9 million, down from $47.2 million in the year-ago period. Looking ahead, the company reduced its full-year adjusted earnings guidance to a range of $1.00 to $1.05 per share from its previous guidance range of $1.10 to $1.15 per share.

    Sales increased to $1.27 billion from $1.24 billion last year. Same-store sales were flat.

  • Peapod grows footprint in Massachusetts

    Peapod has opened a new fulfillment facility in Agawam, Mass., to better serve the needs of consumers from Hampshire and Hampden counties in Massachusetts.

  • Ascena reduces outlook further

    Ascena Retail Group, the operator Lane Bryant, Justice and Dress Barn stores, cited increased spending on growth initiatives and a challenging sales climate for a second quarter profit decline and its second full year earnings guidance reduction in two months.

  • Jellybean-flavored milk?

    Prairie Farms Dairy has rolled out a line of Old Recipe Seasonal Favorites Milk in three flavors: Jelly Bean, Chocolate Marshmallow and Easter Egg Nog.

    According to the dairy, the milk is ultra-pasteurized and has an extended shelf life of 75 days, and all flavors are produced using milk from cows not treated with artificial growth hormones.

  • Dots to close all stores; Gordon Bros. handling liquidation

    New York -- After over 25 years in business, Dots, an Ohio-based women’s fashion discount retailer, is closing its doors.  Store-closing sales will begin on Friday, March 1, with discounts on all merchandise, as well as store furniture, fixtures and equipment. Dots filed for Chapter 11 protection on January 20, 2014.

  • Ahold to double Peapod’s U.S. capacity in 2014

    Zaandam, The Netherlands -- Ahold plans to significantly expand its Peapod presence in the U.S. market.

    "Peapod is expected to double its capacity in the U.S. in 2014," Dick Boer, Ahold CEO, told analysts during the company’s fourth-quarter earnings call.

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