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  • Ann Inc. Q4 profit tops Street; launching international shipping

    New York -- Ann Inc., parent of Ann Taylor and Loft, said Friday that its fourth-quarter profit rose to a better-than-expected $2.37 million from $2.18 million a year earlier.

    Sales rose 7.2% to $607.7 million. Total company store- sales for the quarter decreased 0.7%. By brand, same-store sales increased 1.4% across the Ann Taylor brand and fell 2.1% across the Loft brand.

  • Foot Locker Q4 profit up on higher sales

    New York -- Foot Locker Inc. on Friday said its fourth quarter profit rose to $104 million from $81 million a year earlier.

    Sales jumped 14% to $1.71 billion, including the benefit of an extra week. Same-store sales rose 7.9%.

    For fiscal year 2012, which included 53 weeks, the company reported net income of $397 million, compared to $278 million a year earlier.

    Total sales increased 9.9% in 2012 to $6.182 million, compared with sales of $5.623 million last year. Same-store sales were up 9.4% in 2012.

  • ShopperTrak: February 2013

    Total U.S. Shopper Traffic in Retail Stores and Malls for February 2013

    An unexpected decrease in shopper traffic around Valentine’s Day and Presidents Day led to an overall slower retail performance for the month of February.

    Retail foot traffic for February decreased 5.4% compared with January 2013, departing from the positive year-over-year retail traffic trends seen in recent months. Foot traffic for February 2013 decreased 6.4% compared with the same month last year. 

  • Earnings surge makes PetSmart the cat's meow

    PHOENIX — PetSmart reported that its fourth quarter earnings were up 36% to $1.24. Comparable-store sales, or sales in stores open at least a year, grew 4.6%, benefitting from comparable transactions growth of 1.2%. Total sales for the quarter were up 15% to $1.9 billion.

    For the year, the company delivered earnings per share of $3.55, up 39% compared with $2.55 last year. Comparable-store sales grew 6.3%, benefitting from comparable transactions growth of 2.4%. Total sales for the year were $6.8 billion, up 11%.

  • Mathematical software provider names new director

    LISLE, ILLINOIS — The Numerical Algorithms Group, Ltd., a provider of mathematical software components to industry and other organizations, has named Ken Kubat to the board of directors of its North American subsidiary NAG, Inc. The appointment is effective immediately.

  • Bad weather doesn't rain on Stein Mart's Feb. sales

    JACKSONVILLE, Fla. — Stein Mart reported that its total sales for the month of February were $85.2 million, an increase of 5.6% over total sales of $80.7 million for the four-week period ended Feb. 25, 2012. Comparable-store sales for the month increased 0.6%.

  • Costco's sales surge continues

    ISSAQUAH, Wash. — Costco reported net sales of $7.58 billion for the month of February, an increase of 8% from $7.01 billion during the similar period last year.

    For the twenty-six weeks ended March 3, 2013, the company reported net sales of $51.35 billion, an increase of 9% from $47.22 billion during the similar period last year.

    Excluding the impact of fuel, Costco's total comps for the four-week period were up 6%. For the 26-week period, comps were up 5%.

  • Hanes wins eco award

    WINSTON-SALEM, N.C. — Hanes has received the U.S. Environmental Protection Agency's highly coveted Energy Star Sustained Excellence Award for 2013.  The award is the company's fourth consecutive year of Energy Star recognition and its second consecutive year as a recipient of the Sustained Excellence Award, which is given to a select group of organizations that have exhibited outstanding sustainability leadership year after year.

  • Refund delays, weather dampen comps at TJX, Ross

    FRAMINGHAM, Mass. and PLEASANTON, Calif. — The TJX Companies and Ross Stores reported comparable-store results that were less than impressive from what the two discount retailers usually deliver.

    TJX reported that sales for the four-week period ended March 2, were $1.8 billion, up 7% over the $1.6 billion achieved during the four-week period ended Feb. 25, 2012. Consolidated comparable-store sales for the month were up 1%.

  • Walgreens to build nation’s first net zero energy retail store

    Deerfield, Ill. -- Walgreens announced plans to build what the company believes will be the nation’s first net-zero energy retail store. The store, which is predicted to produce energy equal to or greater than it consumes, will be located in Evanston, Ill., at the intersection of Chicago Avenue and Keeney Street, where demolition of an existing Walgreens store now is under way.

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