News

SUNBURY, Pa. — Weis Markets reported a 1.2% increase in net income to $17.2 million for its third quarter thanks to disciplined promotions, increased store-level productivity and improved efficiency. Earnings per share increased 1.6% to 64 cents per share compared with the same period in 2011.

ORRVILLE, Ohio — Folgers Coffee has debuted bagged coffee and K-Cup packs in its new Gourmet Selections flavors.

"Inspired by an exceptional cup of coffee, Folgers is excited to share a wide variety of coffee experiences, whether you like big, bright aromas or more robust roasts," said Maribeth Badertscher, VP corporate communications for the J.M. Smucker Co.

MATTHEWS, N.C. — Family Dollar Stores has named Colin McGinnis to the position of SVP store operations support, store development and procurement. McGinnis will report to Barry Sullivan, EVP store operations.

NAPERVILLE, Ill. — OfficeMax is hosting in-store training events through Oct. 28 to help customers get familiar with the new Windows 8 operating system from Microsoft.

New York -- Nearly half (49%) of retail CFOs expect their capital expenditures will increase in the next 12 months, a 19-point uptick that leads all industries, and 29% expect to consider additional financing for expenditures, also leading all industries. according to GE Capital’s latest semi-annual “U.S. Mid-Market CFO Survey.” (Retail respondents have revenues of $150 million and an employee count of 1,235, on average. Data comparisons are against the GE Capital Mid-Market’s CFO Survey executed in first quarter 2012.

AUSTIN, Texas — Whole Foods Market has agreed to purchase six leases from Johnnie's Foodmaster, a family-owned grocery chain based in Chelsea, Massachusetts. The transaction is expected to close Nov. 30. Johnnie's Foodmaster will close all six locations prior to the closing date.

ST. PAUL, Minn. — 3M has introduced two touchscreen styluses to make using smartphones and tablets easier for those looking for more precision than their thumbs can offer.

Value fashion retailer Primark’s new flagship on Oxford St. (at Tottenham Court Rd.) spans some 82,300 sq. ft. over four floors. Designed by Dalziel & Pow, London, the store has a bold, modern look,  complete with a faux tube station, a massive LED screen and colorful graphics. Digital integration is a key element, with specially commissioned brand films playing on the exterior wall of the elevator lifts. An animated store map is featured on the elevator walls and throughout the store to help with customer navigation.