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Destination Maternity maintains profit outlook despite sales slip
PHILADELPHIA — Destination Maternity its total sales for the second quarter fell 2.1% to $134.9 million from $137.8 million. The company attributed the drop to the closure of all of its remaining leased departments within Babies “R” Us stores in October, along with the closures of underperforming stores.

Despite the sales drop, Destination Maternity said it now expects its second-quarter profit to fall in the top half of its previously projected range of 38 cents to 44 cents per share, crediting tight management of its expenses.
Rite Aid reports first annual profit since 2007
Camp Hill, Pa. — Rite Aid reported a $123.1 million profit for the fourth quarter and a $118.1 million profit for the fiscal year, compared with respective losses of $161.3 million and $368.6 million during the same period last year. It was the drugstore chain's second-straight quarterly profit and first annual gain in six years, amid increases in prescription count and front-end end sales.

Profits up at Rite Aid

CAMP HILL, Pa. — Rite Aid's profits grew in fourth quarter and fiscal year 2013 amid stronger front-end sales and prescription count, the retail pharmacy chain said Thursday.
Dell, Microsoft partner to improve supply chain efficiency for OEM customers
ROUND ROCK, Texas — Dell OEM Solutions announced that it has worked with Microsoft Corp. to become a global distributor, outsource manufacturer and integrator for Windows Embedded products.

The agreement, which went into effect on April 1, enables Dell to provide Windows Embedded product licenses (COAs) with Dell product solutions. This means it is easier for Dell OEM Solutions customers to bring their products and solutions to market through:
- Shorter lead times with in-stock COAs
The J.C. Penney Debacle: Five Lessons Learned

By Ellis Verdi, president of the NYC advertising agency DeVito/Verdi

Here are the five lessons I learned from the J.C. Penney debacle — unfortunately we knew all of this before Ron took his ideas to market.
RetailMeNot launches updated app

AUSTIN, Texas — Digital coupon site, RetailMeNot.com, is launching an updated version of its free RetailMeNot Coupons app for iPhone that includes the ability for consumers to search for and find digital coupons for nearby retailers located in 500 shopping malls. The app also enables users to request that additional shopping areas be geo-fenced by RetailMeNot.
Kroger oversees massive charitable initiative in Louisville

CINCINNATI — Kroger on Thursday announced plans to bring together more than 4,800 associates at the Kentucky Exposition Center on April 16 to assemble an estimated 17,000 emergency food and personal care boxes for the metro community of Louisville, Ky.
MarketLive honors the best in e-commerce

PETALUMA, Calif. — MarketLive, a provider of e-commerce technology and services for high-growth merchants, has announced the winners of its annual MarketLive Merchant Awards, honoring the top performing e-commerce sites across MarketLive's customer base of America's leading retail brands. The awards were presented at the MarketLive Summit 2013 in Sonoma, Calif.
Pier 1 Q4 profit down 46% without last year’s tax benefit

Fort Worth, Texas -- Pier 1's fourth-quarter earnings fell 46% compared with last year, when the chain recorded a large, one-time tax benefit.

The company earned $61.7 million in the three months that ended March 2, compared with $115.2 million in last year's quarter. Revenue rose 16% to $551.6 million. Same-store sales climbed 7.9%.

For the full year, Pier 1 earned $129.4 million on $1.7 billion in revenue.

For its current fiscal year, the chain expects to open 30 stores.
Walmart exec who cried 'sales disaster' is out

Jerry Murray, the Walmart finance VP who called the chain's early February sales "a total disaster" in an email made public by Bloomberg, has left the company, effective April 5, according to a Reuters report.

Wal-Mart Stores has confirmed the report, telling Reuters that it was Murray's decision to leave and that his last day at Wal-Mart was Friday.

Destination Maternity maintains profit outlook despite sales slip

Rite Aid reports first annual profit since 2007

Profits up at Rite Aid

Dell, Microsoft partner to improve supply chain efficiency for OEM customers

The J.C. Penney Debacle: Five Lessons Learned

RetailMeNot launches updated app

Kroger oversees massive charitable initiative in Louisville

MarketLive honors the best in e-commerce

Pier 1 Q4 profit down 46% without last year’s tax benefit

Walmart exec who cried 'sales disaster' is out

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