News

Sunbury, Pa. -- Weis Markets reported Monday that net income for the year ended Dec. 31 increased 10.7% to $75.6 million. Sales for the period rose 5% to $2.8 billion, and same-store sales increased 4.2%.

In the fourth quarter, the grocer saw an even stronger performance, as net income surged 37%, sales rose 11.4% and comps increased 4.8%.
 

A lineup of five new retailers will be opening at Westchester’s Ridge Hill in early spring, according to the New York City-area project’s developer Forest City Ratner Cos.

Victoria’s Secret, Bath & Body Works, White House | Black Market, The Limited and Vera Bradley will open around the same time as Lord & Taylor, slated to debut in mid-April.

By Steven Kramer, [email protected]

Sporting a physical design identical to the iPhone 4 and a total lack of expected features, initial reactions to the iPhone 4S were that it hardly seemed capable of living up to Apple’s claim as “the most amazing iPhone yet”.

New York City -- Saks Inc. will expand its distribution and fulfillment capacity, adding a new facility in Tennessee in 2012.

The new center will occupy approximately 564,000 sq. ft. of leased space and will be located in LaVergne, Tenn. It will be equipped with a sophisticated mobile-robotic fulfillment system that has been successfully deployed in Saks’ Maryland facility.

Saks expects the Tennessee facility to be operational by August 2012.

In case you missed it, Kate Berg, president of Bentonville-based Collective Bias, shared her views about where social media is headed and what it means for brands in the most recent issue of Connecting Northwest Arkansas. Berg is helping invent the future at the rapidly growing social shopper agency so it’s worth taking a minute to get inside her head. Read more.

Retail aficionados will recognize the headline above as the long-running tagline for Syms, the recently liquidated off-price apparel retailer. While things didn’t work out as founder Sy Syms or his CEO daughter Marcy had planned, Walmart is looking to apply similar logic about educated consumers to the area of nutrition, healthy eating and smart shopping.

AUSTIN, Texas — Michael Besancon, senior global VP purchasing, distribution and communications for Whole Foods Market, will retire from the company after more than 17 years of service.

Walmart’s goal of making food healthier and healthier food more affordable is a noble undertaking that has favorably affected the company’s reputation and put it in good stead with the Obama administration. The question that remains, as the company begins affixing to products and packaging its new “Great For You” food label unveiled this week in Washington D.C., is whether shoppers will behave in a manner consistent with their stated intentions.

Recently departed Sam’s Club president and CEO Brian Cornell is a little like legendary Cleveland Browns running back Jim Brown in that both walked away from their professions at the height of their careers. However, unlike Brown who gave up football for good after his best season ever, no one is expecting Cornell to stay retired.

CENTURY CITY, Calif. — Fans of the "Ice Age" film franchise will find everything they need at Toys"R"Us ahead of the July 13 release of "Ice Age 4: Continental Drift." The retailer is set as the film’s exclusive toy destination in North America, featuring movie-inspired products and promotions that will launch on July 1. Teaming with Twentieth Century Fox Consumer Products, Toys“R”Us will offer an extensive merchandising program, including a toy line from Just Play and The Promotions Factory.