News

Same store sales increased 1.3% at RadioShack during the second quarter, but clearance driven sales activity took a toll on profitability and the retailer enlisted the services of several turnaround firms.

Vancouver, B.C. – 99 Cents Only Stores is digitizing its audit management procedures with the ACL GRC internal audit management system. Leveraging the GRC solution, the retailer will replace spreadsheets and shared drives. Anticipated benefits include increased collaboration and visibility among team members, the ability to more easily perform risk assessments and scoring, and ease of workflow adjustment as new issues and risks are identified.

PASADENA, Calif. — Avery Dennison Corporation’s first-quarter 2013 results were in line with its expectations, according to chairman, president and CEO Dean Scarborough.

The company’s total net sales for the quarter were $1.5 billion, an increase of 4% from $1.4 billion for the same quarter a year ago. Net sales adjusted to exclude the estimated impact of currency translation, product line exits, acquisitions and divestitures increased 4%. 

What’s your favorite department store? The experts at London-based design consultancy Dalziel+Pow have just come out with their top 10 global department store destinations. It’s an interesting list, with some familiar players, and some less so.

Here are the firm’s picks:

JACKSONVILLE, Fla. — Acosta Sales & Marketing, a leading full-service sales and marketing agency in the consumer packaged goods industry, today announced that David Moran has joined its board of directors. 

Oak Brook, Ill. -- McDonald’s Corporation reported modest global gains in net income, revenues and same-store sales during the second quarter of fiscal 2013. Both its profit and revenue trailed analysts’ estimates.

GRAND RAPIDS, Mich. — The competitive prospects of Spartan Stores and Nash Finch improved considerably on Monday when the two companies agreed to merge and create an enterprise with 177 stores, 22 distribution centers and annual sales of roughly $7.5 billion.

New York -- Supermarket operator Compare Foods announced that it begun the implementation of the Swift Shopper app created by ezCommerce Solutions. The app, designed for those retailers hesitant to invest in mobile point-of-sale, costs retailers nothing and doesn’t require any hardware, training or integration to implement. Customers download it to their phone/tablet for free (or upgrade for the low cost of $1.99) and it enables them to scan any barcode as they shop.  

It works in every store where cashiers have dual-line handheld scanners.