News

02/03/2011 - 11:21
NDN 3Q comps down slightly

Ninety-nine Cents Only Stores reported that retail sales for the third quarter ended Dec. 25 increased by 1.5% to $354.1 million and same-store sales decreased 0.7%.

02/03/2011 - 11:08
Report: Walmart reaches deal with New York City construction union

Walmart has reached a deal in principle with the Building and Construction Trades Council of Greater New York, Crain’s New York Business reported.

02/03/2011 - 11:02
Safeway ups expansion

Safeway will combat an aggressive crop of new rivals with an expansion that includes nine stores in the West, of which six will be in the San Francisco Bay area, according to the Oakland Tribune.

02/03/2011 - 10:59
San Diego repeals limits on Walmart Supercenters

The City Council of San Diego repealed strict limits on new retail supercenters Tuesday amid concerns over the cost of a ballot measure forced by a Walmart-led petition drive, the Associated Press reported.

02/02/2011 - 16:58
P&G helps Target customers keep their fitness resolutions

Procter & Gamble and Target have teamed up to offer customers savings on a number of products designed to help them keep those fitness resolutions.

02/02/2011 - 16:42
Whirlpool sees Q4 income growth

Whirlpool Corporation announced fourth-quarter net earnings of $171 million, or $2.19 per diluted share, compared with $95 million, or $1.24 per diluted share reported during the same period last year.

02/02/2011 - 16:33
Walmart lends support to Brazilian flood victims

Walmart announced that the Walmart Foundation committing more than $750,000 in cash and in-kind donations to support emergency relief efforts in Sao Paulo and Rio de Janeiro, Brazil where an estimated 827 people have been killed and thousands have been left homeless following torrential rains and mudslides. A $400,000 donation from the Walmart Foundation will help purchase critical supplies like water, food, medical supplies and long-term relief efforts.

02/02/2011 - 16:18
Banana Republic headed to a theater near you

Banana Republic announced that as part of its spring 2011 marketing campaign, "Journey in Style," it will debut its first film trailer in select movie theaters and online. The campaign will also be featured in other media including print and store displays.

02/02/2011 - 15:55
Mattel Q4 income down slightly

Mattel reported that for the fourth quarter, net income was $325.2 million, or 89 cents per share, compared with last year’s fourth quarter net income of $328.4 million, or 89 cents per share.

02/02/2011 - 15:18
Three key teen retailers to stop reporting monthly sales

Teen retailers Abercrombie & Fitch Co., Aeropostale and American Eagle Outfitters will stop reporting monthly sales after Thursday.

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