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February 11, 2014

Continued positive sales momentum in its business and an increase in foot traffic increase at its stores fueled 99 Cents Only Stores’ third-quarter results.

Continued positive sales momentum in its business and an increase in foot traffic increase at its stores fueled 99 Cents Only Stores’ third-quarter results.

The company's net sales increased 11% to $487.9 million from $439.5 million for the prior-year quarter. Same-store sales increased 3%.  

November 21, 2013

Continued sales momentum at Stein Mart helped drive the company’s third quarter results, which saw both net and same-store increases.

Continued sales momentum at Stein Mart helped drive the company’s third quarter results, which saw both net and same-store increases.

The company reported net income for the quarter of $28 thousand compared to a net loss of $1.7 million in 2012.

"Our earnings continue to improve as a result of our continued sales momentum," said CEO Jay Stein. "We have been very focused on refining our brands, pricing and sales execution and the improvements are evident in our results."

March 26, 2013

Kohl’s Department Stores will be recognized by the U.S. Environmental Protection Agency as a recipient of the 2013 Energy Star Partner of the Year – Sustained Excellence Award for the company’s continued leadership in protecting the environment through superior energy efficiency initiatives.

Menomonee Falls, Wis. -- Kohl’s Department Stores will be recognized by the U.S. Environmental Protection Agency as a recipient of the 2013 Energy Star Partner of the Year – Sustained Excellence Award for the company’s continued leadership in protecting the environment through superior energy efficiency initiatives.

October 25, 2012

Best Buy is streamlining its U.S. operations by implementing a leaner leadership structure.

MINNEAPOLIS — Best Buy is streamlining its U.S. operations by implementing a leaner leadership structure.

July 26, 2012

The Polaroid company may have went through its share of financial difficulties, but there is plenty of equity left in the brand name and Walmart’s Asda unit is looking to capitalize on it this month with a new line of consumer electronics.

The Polaroid company may have went through its share of financial difficulties, but there is plenty of equity left in the brand name and Walmart’s Asda unit is looking to capitalize on it this month with a new line of consumer electronics.

Asda this week began offering an exclusive range of CE items including televisions, media players and audio equipment under the Polaroid brand.

March 16, 2012

Though rising gas prices put a damper on consumer sentiment in March, Americans are no longer shocked by $4 gasoline.

NEW YORK — Though rising gas prices put a damper on consumer sentiment in March, Americans are no longer shocked by $4 gasoline.

The Thomson Reuters/University of Michigan's preliminary reading on the overall index on consumer sentiment slipped to 74.3 from 75.3 in February, contrary to economists' forecasts for a gain to 76.0.

Despite this dip, consumers are confident the employment situation will improve.

February 23, 2012

A body in motion tends to stay in motion and that appears to be the case with Sam’s Club where a strong fourth-quarter performance is expected to continue in 2012 under the leadership of new president and CEO Rosalind Brewer.

A body in motion tends to stay in motion and that appears to be the case with Sam’s Club where a strong fourth-quarter performance is expected to continue in 2012 under the leadership of new president and CEO Rosalind Brewer.

The former Walmart store operations executive took the helm from outgoing Sam’s president and CEO Brian Cornell three weeks ago and is looking to build on the momentum he initiated and was evident in fourth quarter results reported earlier this week.

December 14, 2011

Whole Foods Market is partnering with EnergySmart Jobs and PECI on high-efficiency refrigeration retrofits.

SAN FRANCISCO  — Whole Foods Market is partnering with EnergySmart Jobs and PECI on high-efficiency refrigeration retrofits. EnergySmart Jobs works with supermarkets and other commercial retail businesses throughout California to lower their operating costs by reducing the amount of energy they use.

August 4, 2011

July same-store sales at Target increase 4.1% on top of a prior year gain of 2%, with increase transaction size the primary driver of an increase toward the upward end of the company’s guidance.

MINNEAPOLIS — July same-store sales at Target increase 4.1% on top of a prior year gain of 2%, with increase transaction size the primary driver of an increase toward the upward end of the company’s guidance.

July 6, 2011

Next-generation digital signage that uses the latest in holographic imaging and audio-visual technology to create the illusion of a real person is making its U.S. debut at Duane Reade’s new flagship in downtown Manhattan.

NEW YORK— Next-generation digital signage that uses the latest in holographic imaging and audio-visual technology to create the illusion of a real person is making its U.S. debut at Duane Reade’s new flagship in downtown Manhattan.

June 17, 2011

Sam’s is enjoying some solid momentum these days, but a potential buyout of BJ’s Wholesale Club announced Friday morning could create some competitive issues in market where the companies operations overlap.

Sam’s is enjoying some solid momentum these days, but a potential buyout of BJ’s Wholesale Club announced Friday morning could create some competitive issues in market where the companies operations overlap.

Of course, that assumes the private equity firms Leonard Green & Partners and CVC Capital Partners, the companies who have joined forces to take BJ’s private, are interested in growing the business and investing in operations as opposed to simply squeezing the 190 unit retailer for cash.

May 20, 2011

CLEVELAND — Glidden announced that on May 21 to 22 it will hold demonstrations at nearly 1,000 Walmart stores nationwide to showcase its exclusive ready-to-go paint testers with built-in brush attached to the lid. The two-ounce paint testers are available in all 306 colors in the Glidden Brilliance Collection palette. 

May 12, 2011

Ikea on Wednesday flipped the switch on a newly constructed solar energy system at its southwestern U.S. distribution center in Tejon, Calif.

TEJON, Calif. — Ikea on Wednesday flipped the switch on a newly constructed solar energy system at its southwestern U.S. distribution center in Tejon, Calif. The 370,000-sq.-ft. solar array consists of a 1.8 MW system designed and installed by California-based REC Solar, and built with 7,980 REC Group panels.

April 26, 2011

Target announced that it will adopt green refrigeration technologies in its stores as part of its new membership in the U.S. Environmental Protection Agency's (EPA) GreenChill program.

MINNEAPOLIS  -- Target announced that it will adopt green refrigeration technologies in its stores as part of its new membership in the U.S. Environmental Protection Agency's (EPA) GreenChill program. 

April 18, 2011

Two Kroger banners have raised funds to benefit Japan earthquake and tsunami victims.

LOS ANGELES — Two Kroger banners have raised funds to benefit Japan earthquake and tsunami victims.

Ralphs and Food 4 Less said they raised more than $100,000 for the American Red Cross' International Response Fund for its Japan relief efforts. The retailers hosted a fundraising campaign that ran from March 21 through April 9.

March 21, 2011

Japan may be a wealthy country, but as the death toll there continues to rise, major U.S. corporations are stepping up with significant donations and Target is among them. The company last week announced it would contribute $500,000 to Save the Children, an organization that is aiding with Japan’s earthquake and tsunami relief efforts.

Japan may be a wealthy country, but as the death toll there continues to rise, major U.S. corporations are stepping up with significant donations and Target is among them. The company last week announced it would contribute $500,000 to Save the Children, an organization that is aiding with Japan’s earthquake and tsunami relief efforts.

March 18, 2011

The Toys"R"Us Children's Fund announced that it has donated $500,000 donation to Save the Children to help provide relief to children and families impacted by the 9.0 magnitude earthquake and devastating tsunami that recently struck the northeast coast of Japan.

WAYNE, N.J. -- The Toys"R"Us Children's Fund announced that it has donated $500,000 donation to Save the Children to help provide relief to children and families impacted by the 9.0 magnitude earthquake and devastating tsunami that recently struck the northeast coast of Japan.

March 16, 2011

Walmart announced that it is committing $5 million in cash and in-kind donations for emergency relief efforts in response to Japan's recent earthquake and resulting tsunami.

BENTONVILLE, Ark. -- Walmart announced that it is committing $5 million in cash and in-kind donations for emergency relief efforts in response to Japan's recent earthquake and resulting tsunami.  Also, Walmart operations around the world are planning or have implemented fundraising drives among associates and customers to provide additional relief funds for the victims.

March 11, 2011

True Value has announced the introduction of a 2-in-1 -- paint plus primer -- paint called EasyCare Platinum. The new paint promises a one-coat solution to painting projects because it eliminates the need for a primer.

True Value has announced the introduction of a 2-in-1 -- paint plus primer -- paint called EasyCare Platinum. The new paint promises a one-coat solution to painting projects because it eliminates the need for a primer.

EasyCare Platinum will be available in all the colors offered in the Chicago co-op’s EasyCare line, including Flat Enamel, Satin and Semi-Gloss finishes. EasyCare Platinum is mildew-resistant and backed by a lifetime warranty.

February 10, 2011

Walmart and Target are said to be among major corporations working with the Department of Energy on the development of a new breed of energy-efficient air conditioners.

Walmart and Target are said to be among major corporations working with the Department of Energy on the development of a new breed of energy-efficient air conditioners. The DOE recently announced that as part of a voluntary program, it worked with members of the DOE Commercial Building Energy Alliances, including Walmart and Target, to develop new performance criteria for 10-ton capacity commercial air conditioners, also known as rooftop units that are 50% to 60% more efficient than existing equipment.

February 10, 2011

The Stop & Shop Supermarket Company announced the special dedication of a 400 kilowatt fuel cell at its Torringford Street store in East Torrington, Conn.

QUINCY, Mass. -- The Stop & Shop Supermarket Company announced the special dedication of a 400 kilowatt fuel cell at its Torringford Street store in East Torrington, Conn. 

According to the company, the fuel cell, a UTC Power PureCell System Model 400, was supported with a grant from the Connecticut Clean Energy Fund's On-Site Renewable Distributed Generation Program and is the first fuel cell utilized by the Stop & Shop Supermarket Company. It is expected to generate over 90% of the store's electric energy.

February 3, 2011

Whirlpool has introduced an induction cooktop that can boil water up to 52% faster when using the product's "boost" element, the company reported.

BENTON HARBOR, Mich. -- Whirlpool has introduced an induction cooktop that can boil water up to 52% faster when using the product's "boost" element, the company reported. In addition, the cooktop only generates heat to the cookware it touches making it more efficient and easier to clean than earlier Whirlpool models.

The Whirlpoolinduction cooktop (model GCI3061XB) is available at retailers nationwide with an MSRP of $1,349.

February 1, 2011

Black & Decker has announced the availability of its RapidRoller paint roller.

TOWSON, Md. — Black & Decker has announced the availability of its RapidRoller paint roller. According to the company, the RapidRoller provides a convenient, easy-to-use solution for painting projects, and helps consumers complete those projects up to two times faster than with traditional rollers.

RapidRoller's features include a handle that holds and dispenses paint and an exclusive three-position pivoting roller frame that allows users to paint up to the edge, in tough-to-reach corners and narrow locations like hallways, closets and bathrooms.

January 20, 2011

Sherwin-Williams announced that it is partnered with the lifestyle television network HGTV to launch "HGTV HOME by Sherwin-Williams," an exclusive line of interior paint and painting supplies in the second quarter of 2011.

CLEVELAND -- Sherwin-Williams announced that it is partnered with the lifestyle television network HGTV to launch "HGTV HOME by Sherwin-Williams," an exclusive line of interior paint and painting supplies in the second quarter of 2011. The licensing partnership includes eight unique color collections, durable and low-odor paint manufactured by Sherwin-Williams, as well as an array of smart tools designed to help consumers enjoy the perfect painting experience, the company reported.

January 9, 2011

Polaroid and its creative director, pop sensation Lady Gaga, unveiled a new line that is truly expressive of Lady Gaga's artistic vision.

LAS VEGAS — Polaroid and its creative director, pop sensation Lady Gaga, unveiled a new line that is truly expressive of Lady Gaga's artistic vision.

The Polaroid Grey Label initially will feature a trio of products that include:

•The GL10 instant mobile printer, available in May at a retail price of $149.99, gives users the instant printing experience with Polaroid's Zink Zero Ink technology, making photo printing mess-free. Polaroid also will roll out Zink photo paper for the printer as well;