News

So far so good. The third quarter at Target is off to a solid start as Target reported a 4.1% same-store sales increase that was squarely in the middle of the company’s guidance range, which called for an increase in the low to mid single digits.

SCHAUMBURG, Ill. — Motorola Solutions announced that it has introduced its first waterproof Talkabout branded two-way radios. The MS350R series of two-way radios are designed for use during storm season, as well as for hunters and serious outdoor enthusiasts. 

ROCHESTER, N.Y. — Eastman Kodak Company announced that it had entered into an exclusive offering with HSN to sell the Kodak Easyshare Touch M5370 Digital Camera on Sept. 4 to celebrate 100 Million cameras sold over the last fifteen years.  The camera was available at a special price on HSN for $149.95 including free shipping through Sunday, Sept. 4.  

NEW YORK  — Spanish retailer Zara is giving consumers greater access to its European style with the launch of its first U.S. e-commerce site. 

DEERFIELD, Ill. — Walgreens reported that total sales for August were $6.1 billion, an increase of 7.8% from $5.66 billion for the same month in 2010. Total front-end sales increased 6.8% in August, while comparable store front-end sales increased 4.8%. Customer traffic in comparable stores increased 2.5% and basket size increased 2.3%.

Walgreens said Hurricane Irene had no significant net effect on total sales.

SAN ANTONIO — H-E-B announced that it has launched an early childhood literacy initiative to help educate Texas parents and caregivers about the importance of reading to children a minimum of three times per week and to provide families with the tools and resources they need to prepare their early learners for school.

SALISBURY, N.C. — Bottom Dollar Food invited customers to contribute to its Hurricane Irene disaster relief campaign.

The campaign, which ended Tuesday, supported efforts of the American Red Cross to raise funds that would serve those impacted areas by the hurricane. Bottom Dollar Food accepted register donations at stores in Virginia and Washington, D.C., and surrounding areas, as well as stores in the greater Philadelphia region. Bottom Dollar Food donated $4,000 to the American Red Cross.

COLUMBUS, Ohio — Retail same-store sales held steady with a 4.9% gain in August as retailers reported mostly solid back-to-school results at the same time sales at department stores were hurt by the impact of Hurricane Irene and weaker spending plans by shoppers, Kantar Retail reported on Thursday. However, shoppers plan on reducing their spending over the next few months, the company reported.

The economic challenges sweeping the country have been tough, but, like most things in life, it’s not the challenging times that define you, but what you do during them. For leaders in the retail industry the last few years have led to great innovation, providing the retail industry every opportunity to reinvent in areas across their operations including in the area of environmental sustainability. 

CINCINNATI — Kroger has announced the promotion of Joe Fey as president of the Quality Food Centers (QFC) division.

Fey, 57, has been VP merchandising for the company's Michigan division. He succeeds Donna Giordano, who was recently promoted to president of the Ralphs division in California.