News

New York — Some Facebook investors may be feeling a bit disgruntled, but Walmart couldn’t be happier with its experience with the social network.

By John H. Douglas, [email protected]

Hoffman Estates, Ill. -- Teradata, the analytic data solutions company, announced that Sears Holdings has upgrades its existing Teradata analytic environment with the Teradata Active Enterprise Data Warehouse Platform 6690, which leverages both SSD and HDD storage.

Sears has also added the new Teradata ADW Private Cloud with Elastic Performance on Demand for on-demand business analytics.

SAN JOSE, Calif. — Revenue at eBay rose 15% to $3.4 billion for the third quarter ended Sept. 20 from the the same period last year. The company reported third quarter net income on a GAAP basis of $597 million, or 45 cents per diluted share, and non-GAAP net income of $718 million, or 55 cents per diluted share. GAAP and non-GAAP net income were up 22% and 14%, respectively, year over year due primarily to strong top-line growth.

WAYNE, N.J. — Toys"R"Us has extended its free layaway program through Dec. 16. The program, announced in September, was originally slated to end on Oct. 31.

NEW YORK — Macy's is hoping to entice the coveted 13- to 30-year-old market with the launch of its millenial initiative.

MEMPHIS, Tenn. — AutoZone has elected Enderson Guimaraes to its board of directors.

Guimaraes is CEO of PepsiCo Europe, a role he assumed in September 2012, and is responsible for PepsiCo's food and beverage businesses in Continental Europe as well as the United Kingdom and sub-Sahara Africa. "

Enderson's exceptional international operations experience will benefit AutoZone greatly. We are fortunate to have him as a new board member," said Bill Rhodes, chairman, president and CEO.

MINNEAPOLIS — Supervalu reported a loss of $111 for its second quarter, compared with net income of $60 million in the year-earlier quarter.

Revenue fell 4.6% to $8.04 billion in the quarter ended Sept. 8, from $8.43 billion in the year-earlier quarter. The decrease in net sales was blamed on both a decline in identical-store sales and the sale of a majority of the company’s gas stations, which had contributed $158 million in revenue in the second quarter last year.

WHITING, Ind. — An online consumer survey shows that nearly half of consumers go into brick-and-mortar stores with their smartphones to research items without buying them and then looked for the same item at a lower price online.

The 2,361-adult survey, conducted by Harris Interactive on behalf of CouponCabin.com between Sept. 18 and 20, found that 43% of smartphone and tablet owners have engaged in the practice, known as "showrooming."

MINNEAPOLIS — Supervalu on Thursday morning announced it has named Janel Haugarth to lead its independent business organization, replacing Leon Bergmann, who has decided to leave the company.