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  • Walmart builds green rep with opening of 100th solar store

    SAN DIEGO, Calif. — Walmart has unveiled its 100th solar-powered store on College Avenue in San Diego. By working with California-based SolarCity, the company’s focus on solar power has generated more than 3,000 contract construction jobs in California. In turn, SolarCity has hired 1,213 employees since announcing its first Walmart projects in September 2010. The San Mateo, Calif.-based company will install, manage, and maintain 70 of the 100 new solar power systems.

  • Canadian home-improvement chain rebuffs Lowe’s offer to acquire

    Mooresville, N.C. -- Lowe’s Cos. on Tuesday confirmed a July 8 proposal to acquire Canadian home-improvement and hardware retailer Rona, but said the Quebec-based chain rejected the $1.9 billion offer.

    According to the 800-store Rona, the sale to Lowe’s would not be in its best interests.

    "Rona's strategic focus remains to execute on its business plan with a view to capturing the significant opportunities that it sees for the business," Rona said in a statement.

  • Video Tour: J.C. Penney Co.’s New In-Store Shops

    J.C. Penney Co.’s visual transformation has begun. The company has rolled out three shop concepts to nearly 700 stores nationwide. The shops, the first wave of many more to come, are dedicated to three brands: Levi’s, I Jeans by Buffalo, and The Original Jean Co. 

    Click here to take a video tour of the new shops.
     

  • CPG exec Dolci aims for growth at airgun company

    Veteran consumer packaged goods executive Phil Dolci was named president and CEO of airgun manufacturer Crosman.

    The Rocherster, NY-based company is the leading designer, manufacturer and marketer of a wide range of products for the shooting sports under the Crosman, Benjamin, Centerpoint, Precision Optics, Game Face and Undead Apocalypse brands.

  • Weis Markets profit rises in Q2; sales flat

    Sunbury, Pa. -- Weis Markets reported Tuesday that net income for the quarter ended June 30 rose 12.1% to $23.2 million, compared with $20.7 million in the year-ago period.

    Sales were essentially flat at $677.1 million, and same-store sales inched up 0.4%.

    President and CEO David Hepfinger cited a “stagnant sales environment” for the near-flat sales but said the grocer continues to improve efficiencies and store-level productivity.
     

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