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May 23, 2013
E-commerce business bolsters Bon-Ton Q1

Inclement weather was not enough to hold back Bon-Ton’s first quarter results for the period ended May 4.

May 23, 2013
Kohl’s donates $250,000 for Okla. tornado survivors

Kohl’s has made a $250,000 cash donation to the American Red Cross, toward tornado relief efforts in Moore, Okla., and the surrounding area. The American Red Cross is delivering emergency supplies and services to the tornado-impacted areas.

May 23, 2013
Memorial Day 2013

The offices of Retailing Today will be closed Monday, May 27 in observance of Memorial Day. The Retailing Today team wishes you a happy and safe holiday weekend.

May 23, 2013
Michaels sees same store sales slightly dip

Michaels reported net sales of $993 million for the first quarter ended May 4, an increase of 1.5% from $978 million in the first quarter of fiscal 2012.

May 23, 2013
Record results for Dollar Tree in Q1

Dollar Tree achieved the highest first-quarter operating margin in its history for the first quarter ended May 4.

May 23, 2013
Uptick in revenues for Ace

Ace Hardware reported first-quarter revenues of $923.2 million, up 1.7% from the same quarter in 2012. Net income of $4.4 million was down from $10.2 million earned in 2012.

May 23, 2013
Walgreens mobilizes aid for Okla. tornado survivors

Responding to Monday’s tornado in the Oklahoma City area, Walgreens mobilized increased shipments of essential supplies to its area stores, made an initial donation of three semi-trailers of food...

May 22, 2013
Bon-Ton leverages tech to lower turnover

Bon-Ton is turning to PeopleAnswers to help the company improve retail sales and lower employee turnover. Under the terms of a five-year software licensing agreement, the company will leverage PeopleAnswers’ HR-focused business solution to achieve its goals.

May 22, 2013
Increased payroll tax, weather affect Target in Q1

Colder weather and more conservative shoppers contributed to a drop in Target Corp.'s first quarter 2013 profits, but the company's underlying business remains healthy, executives said Wednesday morning in a conference call with investors.

May 22, 2013
Lowe's Q1 sales feel the chill

Cool weather affected sales at Lowe's for the first quarter ended May 3.

May 22, 2013
PetSmart reports ‘solid’ Q1

PetSmart reported a net income of $102 million for the first quarter ended May 5, a 7.4% increase from $95 million during the same period last year.

May 22, 2013
Weak same-store sales affect Staples Q1 profit

Staples was hurt by a stronger dollar and weak same-store sales in North America and Europe.

May 21, 2013
AutoZone has ‘solid’ Q3

AutoZone reported net sales of $2.2 billion for the 12-week third quarter period ended May 4, an increase of 4.5% from $2.1 billion for the same period last year. Domestic same-store sales decreased 0.1% for the quarter.

May 21, 2013
Bad weather can’t hold back Home Depot Q1

The Home Depot shrugged off bad weather, and thanks, in part, to a recovering housing market, the company reported first quarter sales of $19.1 billion, up 7.4% from last year's quarter, which had one less week.

May 21, 2013
Despite weather, TJX net sales increase

The TJX Companies reported increased net sales during first quarter fiscal 2014. Revenue rose almost 7% from the same quarter a year earlier to about $6.2 billion, while same store sales grew 2% on top of an 8% increase from last year. Net earnings totaled $453 million.

May 21, 2013
Dick’s Q1 falls short of Street expectations

Although Dick’s Sporting Goods reported a year-over-year increase in revenues for first quarter 2013, performance still fell short of Wall Street expectations.

May 21, 2013
Kohl’s donates $1.5m to Wis. children’s hospital

Kohl’s has donated $1.5 million to Children’s Hospital of Wisconsin on behalf of Kohl’s Cares, the company’s philanthropic arm.

May 21, 2013
NRF opposes credit card swipe fee settlement

The National Retail Federation has announced plans to formally oppose a proposed settlement of a federal antitrust lawsuit over credit card swipe fees charged by Visa and MasterCard. NRF is also urging retailers to carefully consider their own decisions before next week’s deadline set by the court.

May 20, 2013
Dollar General announces literacy award winners

The Dollar General Literacy Foundation has awarded more than $6 million in grants to more than 725 schools, nonprofits and literacy organizations to support adult, family and summer literacy programs.

May 20, 2013
Family Dollar honors IT partner at annual summit

Family Dollar has named Trade Area Systems, a supplier of enterprise market knowledge systems for retail, its IT Strategic Partner of the Year. The award was presented during the company’s fifth annual IT Strategic Partner Summit.

May 20, 2013
Macy’s gears up for charity shopping event

Macy’s is getting ready for its eighth annual national Shop for a Cause charity shopping event, to be held Saturday, Aug. 24, and the retailer is inviting eligible charities to sign up now.

May 20, 2013
Target tests omnichannel waters in Bay Area

Target is the latest retailer heading to the Silicon Valley to develop its omnichannel business.

May 17, 2013
Bloomingdale’s heads to Hawaii

Bloomingdale’s is heading to Hawaii for the first time. It plans to open a 167,000-sq.-ft., three-level store at the Ala Moana Center in Honolulu on the Island of Oahu in fall 2015.

May 17, 2013
J.C. Penney Q1 sales plunge

J.C. Penney reported a deeper-than-expected loss of $348 million for its first quarter, compared to $163 million in the year-ago period, amid a 16.4% decline in revenue.

May 17, 2013
Kohl’s heads to the Cloud

Kohl’s plans to leverage cloud technology so it can focus on core business and meet peak seasonal demands. To that end, the company has entered into a long-term, multi-year contract to migrate its contact center to the Interactive Intelligence Communications-as-a-Service solution.

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