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  • Small business gets big support from Sam's

    Sam's Club this week is promoting itself as a small business leader and has announced several initiatives in honor of National Small Business Week May 16 to 20. The company said it would donate up to $200,000 to organizations supporting entrepreneurs. In addition the company is offering a limited-time, lower-cost membership deal for small business owners.

  • Walmart biggest, but room to grow if profit is measurement of best

    Walmart again topped the Fortune 500 list of America’s largest companies, and it doesn’t appear likely to relinquish the top ranking anytime soon. With annual revenues of $421.8 billion, Walmart easily outpaced such oil companies as ExxonMobil at $354.6 billion, Chevron at $196.3 billion and ConocoPhillips at $184.9 billion. Higher oil prices last year boosted the top line at those companies, but even the closest contender of the lot would need oil prices to increase dramatically from current levels for any shot at overtaking Walmart.

  • Sam’s Club comps looking good for Q1

    Given the performance of Costco and BJ’s during April, it’s a safe bet that same-store sales at Sam’s Club continued to accelerate during the first quarter and will meet or exceed guidance provided at the end of the fourth quarter that called for an increase in the 1% to 3% range.

  • Dept. stores report April sales growth

    NEW YORK —  Consumers took advantage of Easter promotions and helped drive up sales at leading U.S. department stores.

    Macy's Inc. reported total sales of $1.924 billion for the four weeks ended April 30, an increase of 10.9% compared with total sales of $1.735 billion in the four weeks ended May 1. The company’s same-store sales were up 10.8%, beating Macy’s guidance for comps to be up between 8% and 9%.

  • HSN reports quarterly sales growth

    ST. PETERSBURG, Fla. -- HSN Inc. reported that total net sales for its first quarter grew 6% over the prior year to $724 million. Net sales at its HSN business increased 1% to $526.2 million, which included 7% sales growth at HSN.com. Cornerstone's net sales increased 20% to $197.8 million with e-commerce sales growth of 23%.

    Adjusted EPS increased 14% to 41 cents compared with 36 cents in the prior year, the company reported. GAAP diluted EPS increased 13% to 34 cents compared with 30 cents in the prior year.

  • Designer line finds exclusive home at Safeway

    PLEASANTON, Calif. -- Safeway Inc. announced that has teamed up with design expert Debi Lilly to launch an exclusive new line of entertaining and home décor products.

  • D’Lites, Woodbury, N.Y.

    D’Lites, in Woodbury, N.Y., is not your ordinary ice cream parlor. Specializing in a wide array of soft-serve treats, the 1,400-sq.-ft. shop has a fun and fashionable look. Splashes of pink stand out against a dramatic, monochromatic background. The color scheme and clean-looking environment appeal to the eater’s higher-end target clientele.

  • Delhaize America sees slight Q1 sales gain

    SALISBURY, N.C. — First-quarter revenue for the Delhaize America, the U.S. sector of Delhaize Group, which includes such supermarket banners as Food Lion and Bottom Dollar, experienced a 0.1% increase to nearly $4.7 billion, the company reported.

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