Home Depot will make a bigger push for the female shopper this spring, largely through the introduction of coordinating Martha Stewart merchandise, company merchant Gordon Erickson told the New York Times in a Jan. 28 interview.
Big Lots announced that fourth quarter retail sales for the fiscal quarter ended Jan. 29 were $1.5 billion, an increase of 3.8% compared with $1.451.5 million for the fourth quarter of fiscal 2009.
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%.
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.
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.
Staples Inc. announced that it will showcase its enhanced focus on new technologies and services in its retail stores with a new television spot airing regionally during the Super Bowl on Feb. 6.
Sears Holdings announced that as part of the continuing transformation of the company, Scott Freidheim has been appointed EVP, president Kenmore, Craftsman & DieHard.