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  • Walmex same-store sales rose 4.1% in August, beating Street

    Mexico City -- Wal-Mart Stores’ Mexican arm Wal-Mart de Mexico reported Monday that same-store sales for the month of August rose 4.1%, beating analysts’ expected 2.8% increase.

    The retailer, which is being investigated for bribery to expedite store openings, projects improved results for the second half of the year.
     

  • Nicole Richie collection debuts at Macy's

    NEW YORK — Macy's on Sept. 12 will debut a new fashion line from Nicole Richie. The Nicole Richie for Impulse collection will include 1960s and 1970s influenced silhouettes, prints and fabrications and be sold at approximately 100 Macy’s stores and on Macys.com/impulse.For the first time, Macy’s Facebook fans will be the very first to shop the collection at facebook.com/macys before it hits stores Wednesday.

  • Hollister fires models for insulting Asians at South Korea store opening

    New York -- Hollister has fired three male models it flew in for the grand opening store of its first store in South Korea after the models mocked Asians in photos and on their social media accounts, according to various media reports.

  • Survey: Retailers focusing on mobile site optimization and in-store technologies

    Denver -- Retailers remain conservative when it comes to financial investments in mobile and tablet initiatives despite the industry buzz, according to a survey by Shop.org and Forrester Research Inc.

  • NRF seeks to block swipe fee suit settlement

    WASHINGTON — The National Retail Federation is set to go to court in order to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over Visa and MasterCard credit card swipe fees.

  • Fage, Bobby Flay partner to offer guide to cooking with plain yogurt

    JOHNSTOWN, N.Y. — Greek yogurt maker Fage has partnered with Bobby Flay, chef, restaurateur and cookbook author, to help everyday chefs create extraordinary meals using the simplest of ingredients: plain Greek yogurt. Those looking for plain inspiration can visit the Plain Kitchen menu at fageusa.com/plainkitchen, which features exclusive, inventive recipes featuring Fage Total and step-by-step cooking demonstrations by master chef Bobby Flay.

  • Orchard Supply swings to loss in Q2; on track with opening/remodeling program

    San Jose, Calif. -- Orchard Supply Hardware Stores Corp. reported Tuesday a loss of $26.7 million for the quarter ended July 28, compared with net income of $3.9 million in the year-ago period. The results include write-offs and charges related to real estate sale-leaseback transactions.

    Sales dipped to $194.1 million from $196.4 million, and same-store sales edged up 0.9%.

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