News

Sunbury, Pa. – Declining sales across a variety of categories negatively affected year-over-year fiscal performance of Weis Markets Inc. during the fourth quarter and fiscal year 2013. Net income declined 29% to $15.7 million from $22.1 million during the quarter, and dropped 13% to $71.7 million from $82.5 million during the year.

Livonia, Mich. – A large majority of consumers consider themselves value seekers, and they are increasingly using the Internet, social media and mobile devices to obtain value. According to the new Valassis Shopper Marketing Report, nearly eight in 10 consumers consider themselves value seekers, self-described as promotion sensitive or price conscious.

The next two years will see Kroger elevate the level of competition in north Texas with an ambitious investment program that comes as Walmart accelerates expansion of its smaller format stores.

Atlanta -- The requirements of the 2013 revision of an energy standard recently published by ASHRAE and IES will result in buildings that could achieve 6% to 8% more efficiency than buildings built to the 2010 standard.

Published in October 2013, ANSI/ASHRAE/IES Standard 90.1-2013, Energy Standard for Buildings Except Low-Rise Residential Buildings, provides minimum requirements for the energy-efficient design of buildings except low-rise residential buildings.

Saturday Night Live alum and “Parks and Recreation” star Amy Poehler will appear in commercials for Old Navy following last year’s involvement with Best Buy.

Ad Age is reporting that along with starring in the commercials, Poehler will help write and direct them. The first ad, said Ad Age, features Poehler as an executive at a law firm interviewing a job candidate but getting distracted by the woman's outfit from Old Navy.

Chicago -- Galleria, a provider of retailer and vendor category management solutions, is expanding into the Asia Pacific region.  This growth is part of an ongoing international program of strategic focus and investment for Galleria.

In addition to navigating the regulatory hurdles and adapting to a difference in consumer culture, recent initiatives from Galleria have included solution developments to facilitate new market connectivity in Hong Kong and other areas within the region.

Severe winter weather was unable to put a damper Walgreens’ February sales and overall second-quarter results for the period ended Feb. 28.

The company reported February sales of $6.1 billion, an increase of 5% percent compared to the same month in fiscal 2013. Total sales for the quarter were $19.6 billion, up 5.2%.

The National Retail Federation has issued a statement for a hearing on data security being held by the House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit, reiterating the retail industry’s commitment to protecting Americans’ financial information.