News

NEW YORK — Macy's announced that it is partnering with DoSomething.org to encourage students to make a difference in their communities. Launching on Aug. 8, the initiative will connect young people across the country with DoSomething.org and provide them volunteer opportunities in their area, the company reported.

AUSTIN — H-E-B, Walmart, Sam’s Club and Denny’s are among the companies that will host some 103 electric vehicle charging stations in Austin, Texas., allowing customers to plug in while they shop. The stations are part of Utility Austin Energy’s Plug-In EVerywhere network.

The charging stations are available for use by everyone with an electric vehicle. Austin Energy offers a $25 six-month subscription swipe card for unlimited charging at any network location. Otherwise, a credit card can be used for $2 per hour of charging.

CINCINNATI, MENOMONEE FALLS, Wis., and PLANO, Texas — Macy’s emerged as the big winner among department-store retailers this July, reporting sales growth that exceeded expectations. JCPenney also faired well for July, while Kohl’s sales disappointed. 

Macy’s Inc. reported total sales of $1.6 billion for the four weeks ended July 30, an increase of 5% compared with total sales of $1.525 billion in the four weeks ended July 31, 2010. On a same-store basis, Macy’s Inc. sales were up 5% in July.

By Scott Zimmerman

The days of collecting customer feedback through an annual survey are over.  Today, retailers are utilizing online and mobile tools that not only serve as “real-time” feedback mechanisms, but also act as bustling hubs of customer conversations and activity online.

INDIANAPOLIS — Specialty electronics retailer Hhgregg reported a net loss of $0.8 million for the first quarter ended June 30, or a loss of 2 cents per diluted share, compared with net income of $2.7 million, or 7 cents per diluted share, for the comparable prior-year period. 

New York City -- Warehouse club operators  Costco and BJ’s Wholesale Club continue to benefit from high fuel prices and bargain-seeking consumers, with both chain reporting solid results.

Costco reported a 10% rise in same-store sales In July, beating Wall Street's expectations for an 8.6% increase.

BOSTON — Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, has named Robert Paglia COO. Paglia will focus on the oversight of Gordon Brothers Group's operating, financial planning, human resource, administrative, corporate marketing, and information technology functions in support of the firm's global platform of integrated operating and capital solutions, the company reported.

Purchase, N.Y. -- Apparel continued to show gains in July, while housing-related sectors such as electronics, appliances, and furniture remained sluggish, according to MasterCard Advisors SpendingPulse, a macroeconomic report tracking national retail and services sales. (The data estimates total U.S. retail sales across all payment forms including cash and check.)

In other findings, auto parts and service posted its first decline after five months of growth.