News

RESTON, Va. — Online U.S. retail spending in second quarter 2011 reached $37.5 billion for the quarter, up 14% versus year ago, comScore reported Monday. This growth rate represented the seventh consecutive quarter of positive year-over-year growth and third consecutive quarter of double-digit growth rates.

City of Commerce, Calif. -- Discount retailer 99 Cents Only Stores reported Monday that net income for the quarter ended July 2 rose to $17.7 million, from $16.8 million in the year earlier period.

Total revenue rose 6.3% to $368.3 million, from $346.5 million a year ago. Same-store sales rose 5.9%.

Overall, there was an 8 % decline in the number of pages per market across the retailer set, and a 4% decline in number of inserts. Pages being down can be attributed to a steep decline in Kohl’s and Sears' number of pages per market, while the decline in number of inserts was due to Home Depot and Staples decreasing their drops.

Home Depot and Safeway adopted a similar strategy, reducing the number inserts per market in July 2011 compared with last year, while increasing the number of pages per market. 

Dallas -- Retalix announced Tuesday that grocery chain Tops Markets has selected Retalix’s StoreLine point-of-sale software application to lower the cost of ownership and increase the functionality of its front-end operations.

According to Tops, the chain was looking to upgrade its legacy POS software as part of a larger initiative to enhance customer service.

TAMPA, Fla.— Winn-Dixie Stores announced that beginning Tuesday, guests using the new Winn-Dixie Customer Reward Card (CRC) at any of the grocer’s 95 stores in the Tampa/St. Petersburg, Tallahassee, Gainesville, Fla., Albany and Columbus, Ga. areas, can earn significant fuel discounts at participating Shell stations. The savings are part of Winn-Dixie’s fuelperks! Rewards Program.

YONKERS, N.Y. — Consumer Reports announced that its Index, which measures overall consumer sentiment, fell to its lowest level since December 2009 and registered its sharpest drop in two years, as recent events in Washington about the debt ceiling debate fixed attention on the weak economy.

Cary, N.C. -- C-store operator The Pantry reported Tuesday that net income for the quarter ended June 30 rose to $19 million from $18 million the year before.

Same-store merchandise revenue dipped 1.5%.
 

ENGLEWOOD, Colo. — Children will be returning to school in a matter of weeks, and many of them will be joining or returning to some sort of sporting activity. Enter Sports Authority, which is answering the need for sporting goods by opening six news stores on Aug. 13. The six new stores will open in five states nationwide, in the major markets of Miami, Los Angeles, Salt Lake City, Chicago and Milwaukee, the company reported.

The store locations will be as follows:

• Miami Beach, Fla. at 3401 N. Miami Ave.