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  • Consumer confidence falls

    New York -- Consumer confidence declined more than expected in December, reaching a four-month low as Americans grew concerned about the possibility of higher taxes next year. The Thomson Reuters/University of Michigan preliminary consumer sentiment index decreased to 74.5 this month from 82.7 in November. Economists had projected a preliminary reading of 82 for December.

  • Publix mourns loss of director emeritus

    LAKELAND, Fla. — Retired Publix president and director emeritus Mark C. Hollis has passed away at that age of 78.

  • Dick's Sporting Goods to pay special dividend ahead of fical cliff

    New York -- Dick’s Sporting goods will pay $2 special dividend before year end in a move to help investors avoid what are presumed to be higher dividend tax rates in 2013 and beyond.

    The dividend payment will be made from cash on hand, according to the company.

  • H&M pushes sustainability agenda & customers into stores

    STOCKHOLM — H&M will become the first fashion company to roll out garment collecting in select stores worldwide as part of their sustainability initiative.

  • CVS/pharmacy adds new health, shopping features to CVS mobile suite

    Woonsocket, R.I. — CVS/pharmacy has introduced a variety of new features to its mobile suite, which consists of the CVS mobile app and a mobile-optimized website at m.CVS.com.

    The new features range from health resources that make it easier to schedule immunizations and identify pills, to a sleeker look and feel for the CVS Mobile app that makes mobile shopping a snap.

  • Carriers consolidate to enhance southern services

    The Arnold Transportation division of U.S. Xpress Enterprises will merge with LinkAmerica Corp. to create a trucking company with 1,400 vehicles, 5,000 trailers and 1,800 drivers.

    The combined company will operate under the Arnold name and will be jointly owned and operated by Arnold parent company U.S. Xpress and LinkAmerica’s private equity owner Tenex Capital Management.

    The deal extends Arnold's dominance in the regional market with increased capacity and a service footprint that expands to new geographies in southern states.

  • International market to get taste of Babies’R’Us’ Scrumptious line by Heidi Klum

    WAYNE, N.J. — Babies”R”Us is getting ready to give its exclusive Truly Scrumptious line designed by Heidi Klum the international treatment.

    Following Truly Scrumptious’ successful U.S. launch in fall, the retailer decided to roll out the line of products for babies and children in more than a dozen countries outside the U.S. beginning early 2013.

  • Big brands to benefit from digital gifting deal

    PORTLAND, Maine — CashStar, a leading digital gifting company, has partnered with celebrations site Punchbowl.com, which enables its consumers to embed eGift Cards in their digital greeting cards.

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