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How does a company whose strengths are more on the creative and design side than the technology side achieve strategic agility through the use of IT? According to Michael Relich, executive VP and CIO of vertical apparel retailer Guess, a flexible approach that focuses more on solving business problems than on meeting technical specifications goes a long way toward getting the most business value from your IT investments.

New York -- A Reuters report citing unnamed sources said that Belgian grocer Delhaize is looking to sell its U.S.-based Sweetbay and Harveys units as the Food Lion parent looks to ramp up cost-cutting efforts here.

The sources told Reuters that Delhaize has retained Lazard Ltd. to sell off the two supermarket businesses. CEO Pierre-Olivier Beckers said the company was looking at options for the units, but didn’t comment directly on whether advisors had been appointed to conduct the sale.

Kearney, Neb. -- The Buckle reported Thursday that net income for the quarter ended May 4 fell slightly to $37.6 million, compared with $37.8 million in the year-ago period. Results were impacted by higher operating expenses.

Revenue increased 2.3% to $269.7 million from $263.8 million, and same-store sales edged up 1.2%.

 

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Secaucus, N.J. -- The Children's Place Retail Stores said Thursday that net income for the first quarter dropped to $19.3 million, from $28.3 million in the year-ago period.

Revenue declined 3.5% to $423.2 million, compared to $438.5 million last year, and same-store sales fell 5.5%.

 

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New York -- Jamba Juice tapped NCR Corporation to help it make mobile ordering easier for its customers. NCR, in collaboration with PayPal, has developed a series of customized mobile solutions, including a Jamba Juice branded iOS and Android mobile ordering and payment solution.

Dallas -- Alliance Data Systems Corp., a provider of loyalty and marketing solutions derived from transaction-rich data announced its retail services business has signed a multi-year agreement to provide private label credit card services for multichannel computer and electronics retailer TigerDirect, a subsidiary of Systemax, Inc.   

New York – Ralph Lauren Corporation reported increases in sales and net income during both fourth quarter and the full year of fiscal 2013. Quarterly retail sales rose 7% from $752 million to $804 million, while annual retail sales rose 6% from $3.4 billion to $3.6 billion. Ralph Lauren attributed both the fourth quarter and full year retail sales improvement to incremental contribution from new stores and e-commerce operations, as well as consolidated comparable store sales growth of 3%.

Chesapeake, Va. – Dollar Tree reported record net sales for first quarter 2013, with consolidated net sales of $1.87 billion, an 8% increase from $1.72 billion during the same quarter of the prior year. Net income totaled $133.5 million, and same store sales grew 2.1%, on top of a 5.6% increase recorded during first quarter 2012. Dollar Tree estimates full fiscal year net sales will range from $7.81 billion to $7.97 billion.

Dollar Tree president and CEO Bob Sasser said he is pleased with the first quarter results.