News

Sunbury, Pa. – Net income at Weis Markets Inc. plummeted close to 47% during the second quarter of fiscal 2014, compared to the prior year period. Weis reported net income of $12.8 million, compared to $21.18 million a year earlier.

Weis cited company reinvestment and price discounting as driving the net income decline. Second quarter sales increased 4.5% to $691.9 million, from $662.1 million and same-store sales increased 2.9%.

Grand Rapids, Mich. - Meijer is running an omnichannel back-to-school promotion offering Back-to-School Bucks, which are available through print and the Meijer digital coupon program, mPerks. Furthermore, customers can customize their own sale and save more than $35 on general merchandise and health and beauty care products the weekend of Aug. 15-16.

Redwood Shores, Calif. – Specialty supplements retailer PureFormulas recently migrated to Oracle Commerce to personalize the customer experience and open up new market segments without sacrificing ease of use.

The Woodlands, Texas - Conn’s, Inc. has named William E. Saunders Jr. to its board of directors, Saunders will also become a member of the Audit Committee and the Nominating and Corporate Governance Committee.

Saunders has served as CEO of Community Choice Financial since June 2008, after joining the company as its CFO in March 2006. In May 2014, he was appointed as chairman of the board.

Dedham, Mass. – Reflexis has selected SoftLayer, an IBM company, to provide the infrastructure for its platform-as-a-service (PaaS) that will support retailers’ mobile and Web applications. Using Reflexis' PaaS, customers can implement mobile and web applications, which help retailers provide a seamless online-to-store shopping experience and provide a higher quality of customer engagement.

Sports footwear and apparel giant Puma brings its global sustainability outlet-store prototype to the Destiny USA mall in Syracuse, New York, where it has opened its first LEED (Leadership in Energy & Environmental Design) Platinum-certified location.

This year, the National Retail Federation has chosen Chicago’s Art Potash, owner of Potash Markets, as its first Retail Champion of the Year. Potash was recognized at NRF’s annual Retail Advocates summit on Capitol Hill.

Christopher & Banks has promoted Peter G. Michielutti to EVP, COO and CFO, just a day after the company named former National Stores executive Lynn C. Derry as SVP and general merchandise manager.

The move is part of the company’s growth strategy.

Michielutti will be responsible for the company’s finance, accounting, internal audit, investor relations, real estate, tax, risk management, information technology and supply chain and logistics functions. He joined the company in April 2012 as SVP and CFO.

Conn’s has appointed William E. Saunders Jr. to its board of directors. Saunders will also become a member of the audit committee and the nominating and corporate governance committee.