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  • Schimenti announces its first project for Vince Camuto

    Ridgefield, Conn. -- Fashion-forward retailer and designer Vince Camuto has tapped Schimenti Construction to build his new store at 667 Madison Avenue in Manhattan.

    Located across from Barney’s, the location will join Vince Camuto’s two existing stores in Manhattan, along with its upcoming location in the Flatiron district.

  • Samsung unveils 2013 TV lineup

    Samsung Electronics America announced that its 2013 TVs will begin shipping this month in the United States, beginning with the LED 8000-series and the Plasma 8500-series.

  • Ross Q4 profit jumps 23%; to stop reporting monthly sales

    Pleasanton, Calif. -- Ross Stores Inc. said Thursday its fourth-quarter net income rose 23%, in line with analysts’ projections. The off-price retailer also announced that beginning with the second quarter of fiscal 2013 it will no longer report monthly sales. Instead, quarterly same-store store sales results will be provided with regularly scheduled earnings releases.
     

  • PacSun cuts Q4 loss

    ANAHEIM, Calif. — Pacific Sunwear of California announced that net sales from continuing operations for the fourth quarter of fiscal 2012 ended Feb. 2, were $228 million versus net sales from continuing operations of $218.7 million for the fourth quarter of fiscal 2011 ended Jan. 28, 2012.

    Comparable-store sales for the fourth quarter of 2012 increased 1%.  

    The company ended fiscal 2012 with 644 stores, compared with 733 as of the end of fiscal 2011. The company closed 78 stores in the fourth quarter of fiscal 2012.

  • Starbucks to expand loyalty program to Teavana and supermarkets

    Seattle -- Starbucks Coffee Co. is expanding its customer loyalty program to the supermarket channel and its Teavana stores as it looks to double membership from 4.5 million members at the end of October 2012 to approximately nine million members by the end of fiscal 2013.

    Starbucks made the announcement at the company’s annual shareholders on Wednesday in Seattle. Also at the meeting, Starbucks investors rejected a shareholder proposal to prohibit the chain from making political contributions or forming a political action committee.

  • Mobile checkout coming to more stores

    The Scan & Go system Walmart introduced last fall in Northwest Arkansas and Atlanta has been expanded to six new markets.

    The Associated Press reported this week that Walmart’s Scan & Go program, initially available in about 70 stores in two markets, has been expanded to 200 stores in new markets including Dallas, Houston, Austin, Denver, Portland and Seattle.

    The system enables shoppers who download an app to scan items with their smartphones and then pay at self-checkout terminals by scanning a code that displays on their smartphone screen.

  • DuPont issues warning on illegal refrigerants, particularly R-22 and R-438A

    Wilmington, Del. -- DuPont Refrigerants urges HVACR industry members to be aware of potential counterfeit and illegally imported refrigerant products, with particular attention to R-22 and R-438A. R-438A is a patented product from DuPont, sold as DuPont ISCEON® MO99 refrigerant.

  • Bi-Lo names president

    Jacksonville, Fla. — Anthea Jones has assumed the role of president at Bi-Lo. He will continue to serve as SVP operations.

    Jones comes to the position from the Bi-Lo side of the recent merger between regional supermarkets Bi-Lo and Winn-Dixie. He signed on with Bi-Lo in 1999 after 17 years at Food Lion. He also is the immediate past board chairman for the Global Market Development Center.

    Jones succeeds Michael Byars in the position. Randall Onstead continues as president and CEO of the combined company, Bi-Lo Holdings.

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