News

HOFFMAN ESTATES, Ill.  -- Sears Holdings announced that through April 23, customers can trade in their old automotive, lawn and garden, marine or power sport battery to be recycled through any Sears Auto Center nationwide and receive a $10 Sears gift card.

ROCHESTER, N.Y. — Wegmans Food Markets and Walgreens have agreed to settle the lawsuit commenced by Walgreens in November 2010, in which the drug store chain claimed that certain Wegmans logos infringed Walgreens trademarks, the supermarket chain announced Friday.

Phoenix -- PetSmart celebrated Earth Day on Friday with the announcement that its distribution center in McCarran, Nev., has been awarded Silver Certification under the LEED (Leadership for Energy and Environmental Design) for Existing Buildings: Operations and Maintenance rating system.

New York  City -- Three Stop & Shop stores in the Boston area on Monday will launch a software app from ModivMedia that allow customers with iPhones to scan grocery items and add them to an electronic shopping cart, The Boston Globe reported.

San Francisco -- 5th Finger, a leading mobile marketing technology firm, has announced plans to bring in-store mobile trials to JoS. A. Bank Clothiers. 5th Finger will be testing the role of the mobile device to drive "consumer outcomes" including ensemble inspiration, shopper education and offer redemption "in store" leading up to the summer season.

CINCINNATI -- Macy's Inc. announced that it is taking new steps to become a more sustainable company.

MINNEAPOLIS -- Groupon, a company that provides discounts for various events and services across the country, has teamed up with General Mills to offer its first consumer-packaged-goods deals. 

The program is launching for residents of Minneapolis and San Francisco, who can sample select General Mills brand items when they take advantage of a 50% off deal that delivers over $40 in value to their doorstep for $20. The package also includes a General Mills $15 coupon book and is good while supplies last.

CUPERTINO, Calif. -- Apple reported a record second-quarter net profit of  $5.99 billion, or $6.40 per diluted share, and revenue of $24.67 billion, thanks to strong sales in Macs, iPhones and iPads. These results compare with net quarterly profit of $3.07 billion, or $3.33 per diluted share, and revenue of $13.5 billion, in the year-ago quarter. International sales also helped boost profits, as they accounted for 59% of the quarter’s revenue, the company reported.

NEW YORK -- Loehmann's Holding announced that Joan Durkin has been appointed CFO and SVP finance. Durkin will lead the company's financial operations and be a member of Loehmann's senior management team. She will report to Joe Melvin, interim CEO and COO.

Durkin brings more than 20 years of experience in financial management in the retail sector.  Most recently, she served as VP finance for Brown Shoe Company.  Prior to joining Brown Shoe, she held the position of VP finance, corporate controller for Finlay Fine Jewelry.  

AUSTIN, Texas -- Whole Foods Market announced that it has introduced the Eco-Scale Rating System to help customers make smarter, greener choices for their homes and the planet.