News

BERLIN, N.J. — For the second year in a row, A.C. Moore Arts and Crafts along with its associates and customers, will team up to raise funds from Sept. 9 through Oct. 13, 2012, for the American Cancer Society through A.C. Moore's "Crafting a Better World" program." This initiative coincides with the American Cancer Society Making Strides Against Breast Cancer campaign in October, and gives customers an opportunity to make a difference in the fight against breast cancer.

Topeka, Kan. -- Collective Brands Inc. reported Friday that net income for the second quarter was $9.7 million, compared with a loss of  $35 million last year when it booked nearly $84 million in one-time charges.

Sales for the owner of Payless ShoeSource and Stride Rite grew 6% to $886 million and same-store sales rose 2.9%.
 

CINCINNATI — Kroger has released its sixth annual sustainability report.

Spice maker McCormick & Company has opened its first retail destination, McCormick’s World of Flavor, in Baltimore’s Inner Harbor area. Designed as a brand showcase, the store houses McCormick's full range of flavorings, seasonings and other products, including its Old Bay and Grill Mates lines.

FORT WORTH, Texas and SAN DIEGO — RadioShack has partnered with Cricket Communications to offer a line of no-contract wireless phones at its stores nationwide.

The RadioShack no-contract wireless line-up will include some of the hottest smartphones on the market as well as a well-equipped feature phone, offering all the connectivity, productivity and entertainment consumers are looking for in a mobile device, the company said.

Bentonville, Ark. -- According to multiple reports on Tuesday, Walmart is testing a new iPhone app that will allow shoppers to scan items using their iPhones and complete their transactions at in-store self-checkout kiosks.

Walmart is piloting its Scan & Go program in its Rogers, Ark. store. The system is not designed for mobile payment transactions but rather to allow shoppers to complete purchases as they shop in the store.

TOPEKA, Kan. — Collective Brands reported net earnings of $9.7 million, or 16 cents per share, for its second quarter compared with a loss of $35 million, or 58 cents per share, in the second quarter of 2011.

Net sales increased 0.4% to $886 million, driven by a 2.9% comparable-store sales ncrease and sales growth of 6.1% in the Performance + Lifestyle Group  Wholesale segment, offset in part by operating 375 fewer stores.

ATLANTA — Newell Rubbermaid has appointed Doug Martin as CFO, succeeding Juan Figuereo.