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Store Systems

  • Family Dollar profit edges up in Q4; to open 500 stores in 2013

    Matthews, N.C. -- Family Dollar Stores reported Wednesday that net income for the quarter ended Aug. 25 inched up to $80.9 million, from $79.8 million in the same period last year. Results were impacted by an $11.5 million litigation charge stemming from the preliminary settlement of a lawsuit in New York.

    Sales for the quarter rose 10.8% to $2.36 billion, a record for the company, and same-store sales increased 5.4%.

  • More, more, more at Family Dollar

    Family Dollar said it would open 500 new stores next year following the release of record sales and profits on Wednesday morning.

  • Parametric Sound's directed sound product selected by Build-A-Bear

    San Diego, Calif. -- Audio products company Parametric Sound Corp. said Tuesday that Build-A-Bear Workshop will include its directed sound product in six newly designed stores that will be opened across the U.S. this year.  

    The HyperSound product will allow Build-A-Bear to simultaneously operate multiple interactive kiosks within the store, each playing its own specific audio message.

  • Survey: CFOs predict 5.9% increase in 2012 online sales

    Chicago -- Survey results released Tuesday by BDO USA revealed that 51% of retail finance chiefs foresee a 5.9% increase in online sales for full-year 2012.

    That compares to 4.1% and 4.5% expected increases in same-store sales and total sales, respectively.

    The BDO Retail Compass Survey of CFOs, which examined the opinions of 100 CFOs at leading retailers located throughout the country, found that CFO sentiments were conservative compared to last year, when the respondents predicted 11.9% online sales growth.

  • Stop & Shop offers no-fee Coinstar gift card loading

    PURCHASE, N.Y. and QUINCY, Mass. — Coinstar, an operator of change collecting kiosks, announced that customers utilizing its service at all Stop & Shop stores, now have the option of placing the full value of their coins, without fees, onto a Stop & Shop gift card. In addition, customers also have the option to select a gift card from a variety of national retailers and e-retailers. The gift cards are immediately activated and can be used the same day.

  • Walmart launches prepaid card reload program

    Bentonville, Ark. -- Wal-Mart Stores said Tuesday that it is launching a new service called Rapid Reload, which allows customers to load money onto prepaid cards.

    The service is affiliated with Green Dot Network, InComm's Vanilla Reload Network and First Data's Money Network.

    For a fee of $3.74, the program allows customers, effective immediately, to add money to their card at a store register.

  • SAP enhances shopper personalization

    Dallas -- SAP has launched a new service to help retailers influence consumer behavior at the moment of decision.
     
    SAP's Precision Retailing solution is said to deliver personalized offers and suggestions in real time to consumers across multiple channels, including mobile devices, in-store kiosks and websites. The company also announced the SAP Retail Store Ops Manager mobile app to further enhance in-store productivity.

  • Walmart eases way to reload prepaid cards

    BENTONVILLE, Ark. — Walmart is offering its customers a new way to load money onto prepaid cards.

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