News

St. Louis, Mo. -- Brown Shoe Co Inc. on Tuesday  posted a smaller second-quarter loss, helped by cost-cutting and higher sales at its Famous Footwear stores. The retailer also raised the lower end of its full-year profit outlook.

Brown Shoe’s quarterly loss narrowed to $2.5 million, compared with a loss of $4.6 million a year earlier.

Revenue decreased  to $599.3 million. Same-store sales rose 3.9%.
 

New York -- Ralph Lauren Corp. has appointed Christopher H. Peterson as SVP and CFO. He succeeds Tracey Travis, who resigned in July to join The Estee Lauder Cos. Inc.

Most recently, Peterson served as CFO of Proctor & Gamble Co.’s Global Household Care division.

WOONSOCKET, R.I. — As tropical storm Isaac barrels down on the Gulf Coast area, CVS/pharmacy has announced that, while complying with any mandatory evacuation order given by local officials, it is keeping its stores in affected areas open for as long as possible and stocking them with such storm preparedness items as water, batteries, flashlights and other products to help in an emergency.

NEW YORK — U.K. retailer John Lewis has become the first company outside of the United States to partner with Barnes & Noble for the sale of Nook devices.

John Lewis will offer Nook products at  37 U.K. stores and on www.johnlewis.com. As previously disclosed, Barnes & Noble will also offer Nook devices and content to U.K. customers this autumn through its own online storefront, www.nook.co.uk.

Deerfield, Ill. -- Walgreens on Tuesday announced a new application built into Facebook that allows desktop computer users to print their favorite photos, complete with likes and comments, at any Walgreens location nationwide as part of a feature called PrintWorthy.
 
With the “Photo by Walgreens” app, Facebook users can print photos that include all the context that comes with a photo on Facebook, including location, description, who was in the photo as well as likes and comments posted by friends.

Toronto -- LoyaltyOne announced that Supervalu has agreed to use its Precima customer-centric analytics solution to develop a multi-dimensional customer segmentation. The U.S. grocer expects the solution will strengthen and expand its customer-driven marketing, merchandising and operations strategies.

GRAPEVINE, Texas and ROSEVILLE, Calif. — GameStop has announced that customers can purchase digital, web-access Prima e-guides at GameStop retail locations. The new program, “Buy In-Store, Redeem Online,” launches with an exclusive Madden NFL 13 tournament bundle. This exclusive GameStop eGuide bundle includes two tournament-level eGuides (offense and defense). Regularly priced at $39.99, GameStop customers can get the bundle for only $19.99.

DEERFIELD, Ill. — Walgreens on Tuesday announced a new application built into Facebook that allows desktop computer users to print their favorite photos, complete with likes and comments, at any Walgreens location nationwide as part of a feature called PrintWorthy.