News

Camp Hill, Pa. -- Rite Aid Corp. reported Thursday that same-store sales increased 2.9% in October, boosted by a 3.6% surge in pharmacy same-store sales. Front-end same-store sales edged up 1.3%.

Total drugstore sales for the four-week period increased 2.8% to $1.96 billion compared to $1.91 billion for the same period last year.

The fashion and retail blogospheres went into overdrive with complaints about how Target botched the launch of its latest and exclusive limited time collection, Missoni for Target. And shoppers across the nation took to Facebook, Twitter and other sites to share their frustrations. The folks who seemed to be the most put-out were those who ordered goods online.  After experiencing long delays and going through any number of hurdles before they were even able to place an order, many are now being told that their orders would be delayed or, even worse, canceled.

MINNEAPOLIS — Target has partnered U.K. beauty expert Maria Hatzistefanis and is now carrying her Nip + Fab beauty brand in Target stores and online at Target.com.

Launched in 2010 and previously available only across the pond, Nip + Fab is now available in the United States through its partnership with Target.

Beauty mavens can select from 14 different Nip + Fab skin solutions and body blends, including Nip + Fab Tummy Fix, Nip + Fab Pigmentation Fix and Nip + Fab Dark Circle Fix.

Hatzistefanis also has created the Rodial beauty brand.

Sidney, Neb. -- Outdoor retailer Cabela’s reported Thursday that profit for the third quarter surged 68.7% to $33.3 million, compared with $19.7 million in the year-ago period. Results surpassed analysts’ expectations and mark the third straight quarter of profit rises.

Revenue rose 6% to $678.6 million, missing Wall Street’s expected $681.5 million.

JACKSONVILLE, Fla. — Winn-Dixie is looking to help pharmacy customers better manage their prescriptions by introducing a new mobile application for iPhone, Android or Blackberry smartphones.

Walmart is facing some stiff competion for toy sales with Dollar General, as the company announced that it is going to head-to-head with toy retailers and discounters alike by offering more than 300 toys for $5 or less.

NAPERVILLE, Ill. — OfficeMax's sales were down for the third quarter, but the company managed to deliver higher net income growth during a period of executive transitions and a tough economy.

OfficeMax announced that total sales were $1.8 billion in the third quarter of 2011, a decrease of 2.1% from the third quarter of 2010.  For the third quarter of 2011, OfficeMax reported net income of $21.5 million, or 25 cents per diluted share, compared with $20 million, or 23 cents per diluted share, in the third quarter of 2010.  

Austin, Texas -- Golfsmith International Holdings reported Thursday a profit of $1.3 million for the quarter ended Oct. 1, compared with a loss of $1.1 million a year earlier.

Net revenues increased 8.3 % to $101 million, from $93.3 million. Same-store sales rose 3.4%.