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Kroger's streak continues
CINCINNATI — Kroger achieved its 39th consecutive quarter of positive identical supermarket sales, and is raising its guidance as a result.
The company's total sales for the second quarter ended Aug. 17 increased 4.6% to $22.7 billion in the second quarter compared with $21.7 billion for the same period last year. Total sales, excluding fuel, increased 3.9% in the second quarter over the same period last year.
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JustFab opens its first store
Online fashion subscription retailer JustFab has opened a 3,000-sq.-ft. flagship at the Glendale Galleria, Glendale, Calif. It is the company’s first physical store.
“We have created the global leader in fashion subscription in just three short years and will now bring our customized shopping experience into physical stores to enable customers to touch and feel our products," said co-CEO Don Dom Ressler.