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Meijer delivers mPerks Baby Rewards program
Meijer announced the introduction of the mPerks Baby Rewards program, offering rewards on baby merchandise purchases, allowing customers to personalize rewards and earn $10 off their shopping purchases for every $100 they spend on items like diapers, baby wipes, training pants and toddler food.
The retailer's expansion of the program comes soon after the number of prescribers passed 1.7 million; enrolled customers saved $25 million so far this year, with as many as 45,000 customers signing up for the program each week.
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Pier 1 misses Q2 income expectations
Fort Worth, Texas – Pier 1 Imports, Inc. substantially missed expectations with a 32% decline in net income for the second quarter of fiscal 2014 compared to the same period last year. Net income totaled $17.8 million in the most recent fiscal quarter, down from $26.2 million.
Total sales were $395.6 million, a 7.6% increase from $367.6 million a year earlier. Comparable store sales increased 3.5% during the second quarter.
