News

New York City -- Express announced the enhanced option to shop and purchase its entire product line via the brand's Facebook page, which now includes over 837,000 friends. All inventory and pricing is consistent with web and mobile sites and updated seamlessly in real time. The page provides a new product zoom technology, secure check out and was developed internally by Express' e-commerce operations team lead by Jim Wright, senior VP CRM and e-commerce.

Hampstead, Md. -- JoS. A. Bank Clothiers is now allowing international customers to place orders on its website. The retailer is now able to deliver website orders to customers in over 90 countries. JoS. A. Bank will utilize a third-party provider, FiftyOne Global Ecommerce (“FiftyOne”), New York City, to facilitate the checkout of the orders and to export and deliver the orders to the international destinations.

New York City -- Clarity and ease of use are sticky points for retailers when it comes to implementing business intelligence, according to a recent survey on BI in retail by Chain Store Age. 

Hoffman Estates, Ill. -- Sears Holdings on Tuesday announced that its same-store sales for the first quarter fell 3.6%. The retailer forecast a loss for the quarter ended April 30 of $145 million.

Same-store sales decreased 1.6% at Kmart, and 5.2% at Sears in the quarter. Sears Canada projects same-store sales will be down 9.2%.

MINNEAPOLIS --Target announced that it has donated $200,000 in cash to the American Red Cross to support tornado relief efforts in the Southern United States. An additional donation of more than $75,000 will include product and relief kits containing hygiene and food items that will be distributed to hardest-hit areas.

BELLEVUE, Wash. — Supervalu customers that cash in their coins at in-store Coinstar kiosks can do so for free when they select the Supervalu gift card option, Coinstar announced.

The no-fee option will be available in about 1,000 stores that operate under the Supervalu banner, including such chains as Acme, Albertsons, Jewel-Osco and more, by next month.

Supervalu and Coinstar began their collaboration on the gift card project last January in approximately 78 Albertsons stores located in Washington and Oregon.

PLANO, Texas -- JCPenney has completed a new five-year $1.25 billion bank credit facility.

The new facility replaces a $750 million credit facility that was scheduled to mature in April 2012 and provides further strength to the company's liquidity position. The facility may be used for general corporate purposes and will mature in April 2016.

LOS ANGELES -- Ralphs announced that it is continuing its partnership begun last year with Shell to offer participating customers more rewards at the pump. According to the company, Southern Calif.-area customers will now earn double points on qualifying purchases at Ralphs when they buy fuel at participating Shell locations.    

LAKELAND, Fla. -- Strong earnings and sales growth in the first quarter helped drive up Publix's stock price.

Publix’s sales for the first quarter of 2011 were $6.8 billion, a 4.4% increase from last year’s $6.5 billion. Comparable-store sales for the first quarter of 2011 increased 2.8%.

Net earnings for the first quarter of 2011 were $398.2 million, compared with $364.4 million in 2010, an increase of 9.3%. Earnings per share for the first quarter increased to 51 cents for 2011, up from 47 cents per share in 2010.

The 5% REDcard Rewards program Target launched last fall has contributed to sales results and served as a game changer on the pricing front with Walmart. Savvy shoppers are increasingly realizing the additional 5% savings they receive by using their REDcard can result in the price of a basket of food and consumables at Target slipping below the price of a comparable basket at Walmart.