Content about Political geography

May 14, 2013
Foot traffic, sales trends bolster Five Below’s Q1

Teen discounter Five Below increased its first quarter profit forecast as sales for the period increased 33% to $95.6 million and same store sales advanced 4.2%.

May 7, 2013
Caribbean kind to PriceSmart’s April results

The sun shined favorably this month on PriceSmart, which operates 31 warehouse clubs in 12 countries and one U.S. territory. For the month of April 2013 net sales increased 11% to $176 million from $159 million in April a year earlier.

May 2, 2013
Build-A-Bear-Workshop solid in Q1

Build-A-Bear Workshop reported increased net income and sales the first quarter of 2013 compared to the same quarter a year earlier, despite closing some stores. The retailer’s adjusted net income rose to $2.3 million, compared to an adjusted net loss of $500,000 in the first quarter of last year.

May 1, 2013
Easter holiday helps bolster Publix Q1 results

Publix posted first quarter sales of $7.5 billion, representing a 6.1% increase. The Easter holiday in the first quarter of 2013, which was in the second quarter of 2012, increased sales by approximately 1.3%, the grocer noted.

April 30, 2013
Easter Bunny unkind to Office Depot

The timing of the New Year and Easter holidays negatively affected Office Depot’s first quarter sales which declined 5% to $2.7 billion and led to a $17 million loss compared to a profit of $41 million in the first quarter of 2012.

April 25, 2013
Walmart faces new factory disaster in Bangladesh

Walmart and other retailers are facing renewed criticism over their global sourcing practices following another factory disaster in Bangladesh.

April 9, 2013
Tuesday Morning comps up 2.8% in Q3

Tuesday Morning Corp. said total sales for the third quarter ended March 31 increased 3.1% to $178.1 million, from $172.7 million in the year-ago period.

March 7, 2013
New Walmart website offers market for women-owned businesses

Walmart has launched an online destination on Walmart.com that gives shoppers who want to buy unique and interesting products the opportunity to do so while supporting small women-owned businesses around the world.

February 6, 2013
Asia-Pacific to overtake North America as e-commerce leader

Business-to-consumer e-commerce sales in 2012 grew 21.1% to top $1 trillion for the first time, according to new global estimates by research firm, eMarketer.

February 5, 2013
American Eagle Outfitters takes over ownership of Chinese stores

American Eagle Outfitters has agreed to a mutual termination of its license agreement in China, Hong Kong and surrounding markets with Dickson Concepts (International) Limited.

August 24, 2012
Fred’s profit rises in Q2

Fred’s reported that net income for the quarter ended July 28 rose 19% to $6.1 million, compared with $5.1 million in the year-ago period.

August 15, 2012
AutoZone achieves major milestone

Friday promises to be a big day in Wasilla, Alaska, as the town receives the distinction of being the location of the 5,000th AutoZone store.

August 6, 2012
Food Lion helps customers support local schools

Food Lion customers can support their favorite schools when they participate in the MVP Classroom Rewards program.

February 23, 2012
Walmart wants to be the Amazon of China

News this week that Walmart acquired a majority stake in one of China’s fastest growing e-commerce companies positions Walmart to become a dominant multichannel player in China far faster than it ever would have on its own.

February 3, 2012
RILA to debut Labor and Employment Forum

The Retail Industry Leaders Association said Thursday that it will hold the first-ever Labor and Employment Law Forum on March 21-22, at the Hyatt Regency Washington on Capitol Hill in Washington, D.C.

November 17, 2011
Progress made in Argentina

Ezequiel Gómez Berard, CEO of Walmart Argentina, joined the Argentine President Cristina Fernández de Kirchner, Industry Minister Débora Giorigi, Economy Minister (Vice President elected) Amado Boudou, Osvaldo Mosteirin, Walmart Argentina CAO; Horacio Barbeito, Walmart Argentina CMO, and Hernán Carboni, Walmart director of corporate affairs, in the office of the Argentine President to discuss Walmart's progress in Argentina.

October 12, 2011
JCPenney boosts apparel position with Claiborne deal

JCPenney Co. said Wednesday it will acquire the worldwide rights for the Liz Claiborne family of brands, as well as the United States and Puerto Rico rights for the Monet brand for $267.5 million.

August 11, 2011
A Korean concept with intriguing potential

Walmart pulled out of Korea a few years ago and may not be paying much attention to the market, but there are some interesting things happening there.

August 1, 2011
Food Lion expands N.C. DC

Delhaize America announced that it is expanding its Food Lion distribution center in Dunn, N.C.

July 6, 2011
New pet project launches at A&P

A&P has launched a new program offering exclusive discounts to pet owners across New York, New Jersey, Pennsylvania, Delaware and Connecticut.

June 2, 2011
Sears Holdings charges up DieHard sales with new deal

Sears Holdings announced that it has reached a license agreement with Dorcy International, which will allow Dorcy to sell DieHard-branded alkaline/rechargeable batteries and flashlights to retailers in the U.S., Puerto Rico and the Caribbean.

May 31, 2011
Barneys.com introduces international shipping

Barneys New York has announced that its e-commerce website, Barneys.com (www.Barneys.com), has introduced international shipping to 90 countries including Canada, South Korea, the United Kingdom, Australia, and China.

May 13, 2011
An e-commerce investment in China

Walmart acquired a minority interest in Chinese e-commerce company Yihaodian, the company announced Friday morning. Yihaodian was launched in July 2008 and currently offers 75,000 products and next-day delivery on essential items from an existing logistics network in Shanghai, Beijing and Guangzhou.

April 12, 2011
Kohl's recognized as Energy Star leader at D.C. ceremony

Kohl’s Department Stores announced that the company will be recognized as a 2011 ENERGY STAR Partner of the Year for the second consecutive year at the Energy Star Awards ceremony held in Washington, D.C.

March 1, 2011
Food Lion launches private label push

Food Lion is promoting its private labels by offering its loyalty club members the opportunity to earn up to $10 in free groceries when they buy private brand products through March 29.

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