News

CINCINNATI — Kroger reported solid first-quarter results and marked 30 consecutive quarters in which identical-store sales increased, the supermarket retailer announced Thursday.

Kroger said that identical-store sales rose 4.6%, excluding fuel, to about $20.8 billion. Identical stores are defined as supermarkets open at least five quarters.

The company said its first-quarter revenue for the period ended May 21, including fuel, rose 11% to about $27.5 billion, compared with the year-ago period. Excluding fuel, total sales were 4.8% above last year.

Walmart executive were said to be among a group of major retailers who met with Chicago Mayor Rahm Emanuel on Wednesday to discuss the elimination of the city’s “food deserts,” essentially areas where roughly 450,000 residents don’t have convenient access to fresh food.

According to an AP report, representatives from Walmart, Walgreen, Aldi and three other chains who were not identified met with Emanuel who reportedly showed a detailed map of the city’s food deserts and made an appeal for projects in specific areas.

DALLAS — Tuesday Morning has revised its fiscal year guidance and now expects total net sales to be in the range of $820 million to $830 million and comparable-store sales to be slightly negative for the full year of fiscal 2011. Diluted earnings, based on these sales results, are now expected to be approximately 25 cents to 30 cents per share for fiscal 2011, the company.

PORT WASHINGTON, N.Y. — Children's interest are constantly changing, but right now Justin Bieber is tops with kids. According to a May NPD Group survey, when asked what they thought the kids they know would identify as the hottest new thing these days, 10% of participants said Justin Bieber. 

Though Bieber topped the list in May, he garnered a higher percentage (14%) when the survey was first conducted in February, indicating that interest in the pop singer could be waning. 

FRAMINGHAM, Mass. — Staples announced that it has launched a mobile version of its website. The M.Staples.com mobile site is optimized for smartphones and features enhanced product ratings and reviews, one click to an ink and toner finder, a Staples retail store locator with automatic GPS, store inventory lookup and enhanced on-site search, including an auto-suggest feature, the company reported. 

Staples' new mobile website also allows users to share product reviews and become a fan of Staples on Facebook, or follow Staples on Twitter.

By Wil Putt, [email protected]

LAS VEGAS — Pacific Entertainment, creators of the Baby Genius brand of musical edu-tainment for infants and toddlers, announced that Alfred Kahn will join the company as an exclusive consultant in the children's preschool and education markets. 

NEW YORK — Gilt Groupe announced that it has named Jason Goldberger as general manager of Gilt Home. In this role, Goldberger will be responsible for overseeing all aspects of the home business, including business strategy, merchandise and site development. Goldberger will report to Susan Lyne, chairman of Gilt Groupe.