News

St. Louis, Mo. -- Brown Shoe Co Inc. on Tuesday  posted a smaller second-quarter loss, helped by cost-cutting and higher sales at its Famous Footwear stores. The retailer also raised the lower end of its full-year profit outlook.

Brown Shoe’s quarterly loss narrowed to $2.5 million, compared with a loss of $4.6 million a year earlier.

Revenue decreased  to $599.3 million. Same-store sales rose 3.9%.
 

Deerfield, Ill. -- Walgreens on Tuesday announced a new application built into Facebook that allows desktop computer users to print their favorite photos, complete with likes and comments, at any Walgreens location nationwide as part of a feature called PrintWorthy.
 
With the “Photo by Walgreens” app, Facebook users can print photos that include all the context that comes with a photo on Facebook, including location, description, who was in the photo as well as likes and comments posted by friends.

GRAND RAPIDS, Mich. — Meijer will double match every customer's $10 Simply Give donation made Sept. 2 to 8 in support of Hunger Action Month.

The Simply Give Week double match is part of a $1 million donation to the retailer's 2012 Simply Give program, which aims to replenish the shelves of nearly 200 food pantries in its five-state region each campaign.

RA'ANANA, Israel — Delhaize Groug has enlisted the services of Retalix for in-store software for Delhaize Group's 3,300 locations -- including more than 20,000 point-of-sale (POS) terminals -- across Eurasia and the United States.

The Grocery Manufacturers Association inducted Richard Jurgens, chairman and CEO of Hy-Vee Inc. and Dean Pappas, CEO of Clement Pappas and Company Inc., into its Hall of Achievement.

The recognition came at a gala dinner Sunday night as GMA held its annual executive conference in Colorado Springs. The Hall of Achievement Award represents the highest honor given by the more than 100 year-old association.

MINNEAPOLIS — Richard Schulze has moved one step closer to achieving his goal of acquiring Best Buy. The company has agreed to let its founder and former chairman access to certain due diligence information and form an invesment group so that he may continue his efforts to attempt to buy the company.

NEW YORK — A switch to LED lighting technology in its refrigerated coolers has resulted in combined energy and maintenance savings of more than $1 million annually for convenience store operator Wawa.

The new technology, Immersion from GE Lighting Solutions, has been installed in Wawa’s 600 locations across the Mid-Atlantic region, and has reduced refrigerated cooler/freezer electricity and maintenance expense by a combined 78% since its adoption.

AMSTERDAM — Royal Ahold's U.S. subsidiary saw net sales rise 3.4% in light of challenging market conditions, the retailer reported last week.

HOFFMAN ESTATES, Ill. — Sears' Craftsman brand is using the upcoming Republican and Democratic National Conventions to show that two sides can come together.

The company has teamed up with Ty Pennington of "Extreme Makeover: Home Edition" fame, Sears Heroes at Home, Rebuilding Together, NextGen Home built by Champion and Bank of America to build two halves of one home -- one in Tampa, Fla. during the RNC and the other in Charlotte, N.C. during the DNC.

COLORADO SPRINGS, Colo. — The Grocery Manufacturers Association (GMA) and its Associate Member Council (AMC) have awarded E. & J. Gallo Winery and PepsiCo Inc. with the 2012 CPG Awards for Innovation and Creativity. The award is given annually to companies that have demonstrated creativity, innovation, and have made a significant impact on the industry knowledge base.