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Best Buy quarter shows little sign of tech splurging
MINNEAPOLIS — Earnings and comparable-store sales slipped at Best Buy, where the retailer suffered slower sales in key departments and a slowdown in consumer spending. Best Buy has reported net earnings of $177 million, or 47 cents per diluted share, for its fiscal second quarter ended Aug. 27, compared with $254 million, or 60 cents per diluted share, for the prior-year period.
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Bill’s Superette launches store management solution from LOC Software
Andover, Minn. -- Twin Cities grocery/fuel chain Bill’s Superette said Tuesday it has launched store management solutions from LOC Software.
The new system, which was fully rolled out with the support of reseller North Country Business Products in the spring of this year, is helping the retailer improve the management of all store-level and headquarters-level activities such as POS transactions, POS/keyboard maintenance, labor scheduling, in-store promotions, complete price book maintenance and the company’s loyalty program.