News

BOCA RATON, Fla. — Office Depot is sponsoring the 2012 Do Something Awards, which will air Tuesday, Aug. 21 at 9:00pm ET on VH1.

Hosted by "New Girl" stars Jake Johnson, Emmy-nominated Max Greenfield and Lamorne Morris, the ceremony will honor and celebrate the nation’s best young world-changers who represent the pivotal “do-ers” in their field, cause or issue.

Seattle -- Bartell Drugs is moving its headquarters, the Seattle-based retail pharmacy chain said Thursday.

Bartell's, which operates 58 stores in and around Washington State’s largest city, said it would move its headquarters to the West Seattle Corporate Center in October. Its present headquarters is in Georgetown, a neighborhood south of downtown Seattle. The new, 32,000-sq.-ft. headquarters was built in 1991 as the headquarters for Services Group of America.

STAMFORD, Conn. — Sam's Club has extended its relationship with GE Capital Retail Bank, a consumer lending unit of General Electric Company. GE Capital Retail Bank will continue providing the Sam’s Club credit card program to their Advantage and Business Members. GE Capital’s Retail Finance business, the operating entity that provides financial solutions to retailers to help grow their customer sales, will continue to manage the Sam’s Club relationship and service the account.

KING OF PRUSSIA, Pa. — TAGSYS RFID, a provider of item-level inventory management systems that streamline the supply chain, has expanded its U.S.-based organization in response to accelerating demand for smart inventory and loss management systems within the retail and luxury sectors.

Tony Dublino has been named director of U.S. Sales for retail and apparel and Chad Tripp is the new director of field applications engineering for TAGSYS in the United States.

New York -- Ralph Lauren Corp. said that its net income rose 5% in its first quarter, but the company forecast a revenue decline in the current quarter and sounded a note of caution about the weak global economy hurting consumer spending.

"The outlook for consumer spending and global economic growth remains challenging and we are planning our business accordingly," said CEO Roger Farah.

Net income from April through June was $193.4 million, up from $184.1 million a year ago.

ROCKFORD, Ill. — Lucky's Q took home the Midwest regional title in the Sam's Club National BBQ tour.

Based in Denver, Iowa, Lucky Q's competed with teams from Ohio, Michigan, Wisconsin, Iowa and Minnesota at the Aug. 4 regional event in Rockford, Ill.

Arlington, Va. -- In letters sent to President Barack Obama and Governor Mitt Romney, the Retail Industry Leaders Association urged both to consider the retail industry’s prominent role in the U.S. economy as they advance their visions for the future.

The letter was signed by Gregg Steinhafel, Target chairman, president and CEO and Sandra L. Kennedy, RILA president. Steinhafel serves as chairman of the RILA board of directors. 

BATTLE CREEK, Mich. — Kellogg's is honoring the gold-medal-winning U.S. women's gymnastic team by featuring them on their Corn Flakes cereal box.

Gabby Douglas, McKayla Maroney, Aly Raisman, Kyla Ross and Jordyn Wieber of the "Fierce Five" will be featured on special-edition boxes of Kellogg's Corn Flakes, which will be on shelves this fall.