News

03/11/2011 - 13:45
Recognizing the value of a dollar store

Discount store retailer 99 Cents Only Stores has received a proposal to take the company private from the company's founding family and investment firm Leonard Green & Partners LP for $19.09 per share, the Associated Press reported.

03/11/2011 - 13:19
Hibbett Sports Q4 profit up; 50 to 55 new stores on tap for 2011

Hibbett Sports Inc. said Friday that its fiscal fourth-quarter net income climbed 6% on higher sales. The sporting goods retailer also predicts its fiscal 2012 earnings will be in line with Wall Street's view.

03/11/2011 - 13:09
RILA praises Quinn for signing e-Fairness Legislation

The Retail Industry Leaders Association on Thursday praised Illinois Governor Pat Quinn for signing the e-Fairness legislation, which addresses the long-standing inequity in the retail sales industry between brick-and-mortar retailers and their online-only counterparts.

03/11/2011 - 13:01
Delhaize emphasizes private-brand implementation

Delhaize America is emphasizing its private-brand assortments, the supermarket conglomerate reported in its earnings release.

03/11/2011 - 11:41
Magnacca's role at WAG expands

Walgreens has expanded Joseph Magnacca's role at the drug store chain by appointing him president of daily living products and solutions.

03/10/2011 - 16:40
Walmart makes multichannel move with same-day service

An online order and same-day pick up service will be expanded to all Walmart stores beginning this month, the company announced. The “Pick-Up Today” service allows shoppers who make a purchase online to pick up their merchandise within about four hours if the order is placed before 6 p.m. Orders place after that time are available for pick up the next day before 10 a.m.

03/10/2011 - 15:21
PVH, Comfort Revolution ink IZOD bedding deal

Phillips-Van Heusen and Comfort Revolution announced that they have entered into a licensing agreement under which Comfort Revolution will market and distribute memory foam bedding and stadium seat cushions under PVH’s IZOD brand.

03/10/2011 - 14:38
The Buckle profit rises in Q4

The Buckle reported Thursday that net income for the quarter ended Jan. 29 rose to $49.5 million, compared with $42.1 million in the year-ago period.

03/10/2011 - 14:23
New products to star at the National Hardware Show

When the curtain rises on the 2011 National Hardware Show, attendees will be treated to a steady stream of new product introductions from industry leaders like 3M, Robert Bosch Tool Corp/, Char-broil, The Coleman Co., Jarden Safety & Security and many others.

03/10/2011 - 13:56
Jo-Ann Q4 profit up 8.9%, will open 55 to 60 stores in 2011

The fabric and crafts business showed signs of growth, as Jo-Ann Stores reported fourth-quarter sales and income growth, and announced plans to open and remodel a number of stores this year.

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