News

SAN BERNARDINO, Calif. — Fourth quarter and fiscal year 2011 both proved positive for Stater Bros., the regional supermarket chain announced Tuesday.

For the fourth quarter ended Sept. 25, the retailer saw a 5% increase in sales to $941.9 million, compared with the year-ago period. For the 52-week fiscal year, sales rose 2.4% to $3.7 billion, the company said. Same-store sales for the fourth quarter and fiscal year experienced a 5% and 2.5% jump in same-store sales, respectively.

Chicago -- A report released Tuesday by ShopperTrak revealed that December holiday sales remain flat year-over-year but are showing signs of growth in the days and weeks ahead. Double-digit increases in week-over-week sales show shoppers are spending this holiday season.

According to ShopperTrak, the week ending Dec. 10 saw a 10.6% increase in retail sales from the previous week, good tidings as retailers prepare for historically two of the highest GAFO sales weeks of the year for retailers.

NEW YORK — The Tommy Hilfiger Group announced that it has named Avery Baker as chief marketing officer, a newly created position, effective immediately. Baker has been with the company for 15 years, most recently in the position of EVP global communications and marketing. Baker will continue to report to Fred Gehring, CEO of The Tommy Hilfiger Group.

The commute into downtown Minneapolis should get a little easier in the coming years, as Target is set to relocate nearly 4,000 technology-related workers from its headquarters to a new office in the Northern suburb of Brooklyn Park.

According to the Minneapolis St. Paul Business Journal, the transition of about 2,400 technology team members and 1,500 contract workers will begin next year. To read more, click here. 

New York City -- Retail sales rose 0.2% in November, following a 0.6% advance in October that was more than initially reported, according to figures released Tuesday by the Commerce Department in Washington. The November increase was the slightest gain in five months. Economists projected a 0.6% November increase, according to the median forecast in a Bloomberg News survey. Purchases excluding automobiles also rose 0.2%.

Washington, D.C. -- Import cargo volume at the nation’s major retail container ports should be up 0.3% in December compared with the same month last year as retailers head to the finish line of the holiday shopping season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

CAMP HILL, Pa. — Calling it a first for the drug store industry, Rite Aid will roll out an online coupon management tool for members of its Wellness+ loyalty card program, the retail pharmacy chain said Tuesday.

HOFFMAN ESTATES, Ill. — Sears announced it will offer extended shopping hours at its stores in 260 markets to give customers extra time to shop for those last-minute gifts. The company announced that select stores will stay open until midnight everyday from Wednesday, Dec. 14 through Friday, Dec. 23.