News

06/07/2013 - 10:36
NRF survey says Dad’s in for a good Father’s Day

Americans are going to stretch their budgets and spend a little more on dad this year, according to NRF’s 2013 Father’s Day spending survey conducted by BIGinsight. The average person is expected to shell out $119.84 on gifts this year, an increase of 2% from $117.14 last year.

06/06/2013 - 18:18
A big bright spot and many dark clouds at Walmart shareholders meeting

For much of the past decade the persistent problem Walmart had to address with shareholders at its annual meeting was a long dormant share price. That’s not the case this year, but there are plenty of other issues to concern shareholders.

06/06/2013 - 17:49
New sales team leader for Balance Innovations

A little more than two weeks after bringing in former Safeway executive Steve Rempel as its new president and CEO, Balance Innovations has named Jay Atkinson its EVP of business development.

06/06/2013 - 17:11
Stanley re-establishes identity with subtle re-branding

Stanley Black & Decker is trying on a new logo on for size. Although it's still yellow and black and still spells "Stanley," it represents a new brand identity for the iconic tool brand and diverse industrial company.

06/06/2013 - 16:59
Why Walmart isn’t worried about AMZN grocery delivery

A lot of buzz this week about Amazon expanding a long-running grocery delivery program in its hometown of Seattle to the Los Angeles area and what it might mean for food retailers. The answer for now is, not much.

06/06/2013 - 16:51
AT&T, IBM court digitally savvy consumers

AT&T and IBM teamed up to deliver an e-commerce solution that retailers can use to provide their customers with a consistent shopping experience whether they are shopping online, via a mobile app or in stores.

06/06/2013 - 15:41
Limited Brands May net sales rise

Limited Brands reported net sales of $737 million for May 2013, an increase of nearly 10% from $672 million for the same period last year. The company reported a comparable store sales increase of 3% for May from the same period last year.

06/06/2013 - 14:14
Costco’s same store sales rise but run out of gas

Costco reported net sales of $8.1 billion for May 2013, an increase of 7% from $7.6 billion during the same period last year.

06/06/2013 - 12:55
Stein Mart’s May sales rise

Linens and ladies’ casual and career sportswear buoyed Stein Mart’s total sales for May. The company reported total sales of $107.3 million for the month, an increase of 3.6% from $103.6 million for May last year.

06/06/2013 - 12:02
Positive performance for Ann brands in Q1

Ann Inc. reported total net sales for the quarter of $575 million, a 2.5% increase from $560 million in the first quarter ended May 4.