News

American Eagle Outfitters didn’t exactly soar in the fourth quarter, but its low single-digit same-store sales increase was better than most and benefitted from recent store closures.

Total company sales increased 3% to $1.11 billion and same store sales grew 4% after a flat performance in the fourth quarter the prior year. Earnings per share increased 17% to 42 cents from the 36 cents earned from continuing operations the prior year. The company expects its first quarter same store sales to increase in the mid-single digits.

Schenectady, New York-based The Golub Corp. may be a smaller grocery retailer, but it’s taking a big approach to vendor collaboration.

The operator of more than 130 Price Chopper and Market 32 grocery stores in the Northeast has selected Park City Group’s Scan-based Trading solution to support a new go-to-market strategy for direct store delivery (DSD) vendors.

The Sports Authority on Wednesday filed for Chapter 11 bankruptcy protection and said it plans to close or sell as many as 140 of its 463 stores nationwide. The beleaguered company has struggled in recent years under increased competition not only from online players, but also from the likes of Dick’s Sporting Goods and specialty retailers such as Lululemon that have capitalized on the “athleisure” boom in fitness apparel.

Cold winter weather in the Western states helped Big 5 Sporting Goods post an increase in same-store sales and profit in the fourth quarter.

For the fourth quarter ended Jan. 3, the retailer said net sales increased to $275 million from net sales of $250.3 million for the fourth quarter of fiscal 2014. Same-store sales increased 0.1% for the fourth quarter of fiscal 2015 and 1.4% for the full year.

Delhaize America is joining other retailers in announcing it will work with suppliers to reach a 100% cage-free shell egg assortment by 2025.

Product discovery is not a game, and GameStop Corp. is using a newly expanded ship from store program to bring goods as close to its customers as possible.

“We discovered 66% of our total unique SKUs were only represented on our store shelves, not in the warehouse,” Jason Allen, VP of multichannel operations for Grapevine, Texas-based GameStop told Chain Store Age in an interview. “Unless the customer came in a particular store that had that product on the shelf, there was no discovery.”

The Sports Authority on Wednesday filed for Chapter 11 bankruptcy protection and said it plans to close or sell as many as 140 of its 463 stores nationwide. The beleaguered company has struggled in recent years under increased competition not only from online players, but also from the likes of Dick’s Sporting Goods and specialty retailers such as Lululemon that have capitalized on the “athleisure” boom in fitness apparel.

Discount grocer Aldi has deployed an energy management solution that gives it control and visibility across its nearly 1,500 U.S. stores.

The chain has implemented Siemens’ Site Controls energy management system, with the majority of the installations involving retrofits at existing stores where thermostats or third-party energy management systems were replaced. But the system has been deployed in newly constructed stores as well. Aldi will also install the Site Controls system in new stores as it continues to expand across the nation.