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August 21, 2014

Stein Mart Inc. reported net income of $1.7 million for the second quarter, reduced from $3.4 million last year on higher healthcare costs.

Jacksonville, Fla. -- Stein Mart Inc. reported net income of $1.7 million for the second quarter, reduced from $3.4 million last year on higher healthcare costs.

Total sales increased 2.5% to $298.2 million, while same-store sales increased 1.3%, the retailer’s ninth consecutive quarter of comparable store sales gains.

August 21, 2014

Stein Mart Inc. reported net income of $1.7 million for the second quarter, reduced from $3.4 million last year on higher healthcare costs.

Jacksonville, Fla. -- Stein Mart Inc. reported net income of $1.7 million for the second quarter, reduced from $3.4 million last year on higher healthcare costs.

Total sales increased 2.5% to $298.2 million, while same-store sales increased 1.3%, the retailer’s ninth consecutive quarter of comparable store sales gains.

August 14, 2014

Wal-Mart Stores Inc. stayed the course in the second quarter, delivering profit within Wall Street expectations, but cut its forecast for the full year as its U.S. business remains lackluster and costs associated with building new smaller-format stores, healthcare and e-commerce improvements continue to rise.

Bentonville, Ark. – Wal-Mart Stores Inc. stayed the course in the second quarter, delivering profit within Wall Street expectations, but cut its forecast for the full year as its U.S. business remains lackluster and costs associated with building new smaller-format stores, healthcare and e-commerce improvements continue to rise.

August 14, 2014

Wal-Mart Stores Inc. stayed the course in the second quarter, delivering profit within Wall Street expectations, but cut its forecast for the full year as its U.S. business remains lackluster and costs associated with building new smaller-format stores, healthcare and e-commerce improvements continue to rise.

Bentonville, Ark. – Wal-Mart Stores Inc. stayed the course in the second quarter, delivering profit within Wall Street expectations, but cut its forecast for the full year as its U.S. business remains lackluster and costs associated with building new smaller-format stores, healthcare and e-commerce improvements continue to rise.

July 2, 2014

Kroger is expanding into new markets and growing its presence in the e-commerce channel with its acquisition of Vitacost.com, a leading online retailer of vitamins and supplements.

New York -- Kroger is expanding into new markets and growing its presence in the e-commerce channel with its acquisition of Vitacost.com, a leading online retailer of vitamins and supplements. 

According to the definitive merger agreement, Kroger will purchase all outstanding shares of Vitacost.com for $8 per share in cash, or approximately $280 million.

July 2, 2014

Kroger is expanding into new markets and growing its presence in the e-commerce channel with its acquisition of Vitacost.com, a leading online retailer of vitamins and supplements.

New York -- Kroger is expanding into new markets and growing its presence in the e-commerce channel with its acquisition of Vitacost.com, a leading online retailer of vitamins and supplements. 

According to the definitive merger agreement, Kroger will purchase all outstanding shares of Vitacost.com for $8 per share in cash, or approximately $280 million.

June 26, 2014

Price Chopper Supermarkets announced that it has cut about 80 positions, citing a need to improve efficiency within the company amid rising costs, including “skyrocketing” healthcare costs.

SCHENECTADY, N.Y. — Price Chopper Supermarkets announced that it has cut about 80 positions, citing a need to improve efficiency within the company amid rising costs, including “skyrocketing” healthcare costs.

June 26, 2014

Price Chopper Supermarkets announced that it has cut about 80 positions, citing a need to improve efficiency within the company amid rising costs, including “skyrocketing” healthcare costs.

SCHENECTADY, N.Y. — Price Chopper Supermarkets announced that it has cut about 80 positions, citing a need to improve efficiency within the company amid rising costs, including “skyrocketing” healthcare costs.

June 12, 2014

The Kroger Co. has been named Employer of the Year by the Marriott Foundation for People with Disabilities.

Cincinnati — The Kroger Co. has been named Employer of the Year by the Marriott Foundation for People with Disabilities. The Marriott Foundation for People with Disabilities fosters the employment of young people with disabilities.

May 23, 2014

Shoe Carnival Inc. reported a 3% year-over-year drop in net income to $9.2 million, from $9.5 million in the first quarter of fiscal 2014.

Evansville, Ind. – Shoe Carnival Inc. reported a 3% year-over-year drop in net income to $9.2 million, from $9.5 million in the first quarter of fiscal 2014. The retailer plans to open 23-28 new stores in fiscal 2014, including 16 in the second quarter and seven-to-12 in the fourth quarter.

Shoe Carnival’s net sales grew 1.5% to $235.8 million, from $232.3 million.

May 23, 2014

Shoe Carnival Inc. reported a 3% year-over-year drop in net income to $9.2 million, from $9.5 million in the first quarter of fiscal 2014.

Evansville, Ind. – Shoe Carnival Inc. reported a 3% year-over-year drop in net income to $9.2 million, from $9.5 million in the first quarter of fiscal 2014. The retailer plans to open 23-28 new stores in fiscal 2014, including 16 in the second quarter and seven-to-12 in the fourth quarter.

Shoe Carnival’s net sales grew 1.5% to $235.8 million, from $232.3 million.

March 17, 2014

The JCR Companies has acquired a retail condominium and a commercial garage at The Metropole, a luxury condominium residence in Washington, D.C.’s Logan Circle neighborhood.

Washington, D.C. The JCR Companies  has acquired a retail condominium and a commercial garage at The Metropole, a luxury condominium residence in Washington, D.C.’s Logan Circle neighborhood. The fully occupied 23,225-sq.-ft. retail condominium hosts Vida Fitness and Bang Salon. The acquisition also includes the commercial portion (two levels) of the building’s underground parking garage.

February 20, 2014

Wal-Mart Stores Inc. on Thursday doubled its projected growth of its small-store format as the retailer reported a disappointing fourth quarter and issued lower-than-expected fiscal 2015 guidance.

Bentonville, Ark. – Wal-Mart Stores Inc. on Thursday doubled its projected growth of its small-store format as the retailer reported a disappointing fourth quarter and issued lower-than-expected fiscal 2015 guidance. Net income for the quarter, which ended Jan. 31, fell 21% to $4.4 billion. Total sales increased 1.4% to $128.8 billion, including a $1.8 billion negative impact related to foreign currency translation. Same-store sales in the United States fell 0.4%.

February 20, 2014

Wal-Mart Stores Inc. on Thursday doubled its projected growth of its small-store format as the retailer reported a disappointing fourth quarter and issued lower-than-expected fiscal 2015 guidance.

Bentonville, Ark. – Wal-Mart Stores Inc. on Thursday doubled its projected growth of its small-store format as the retailer reported a disappointing fourth quarter and issued lower-than-expected fiscal 2015 guidance. Net income for the quarter, which ended Jan. 31, fell 21% to $4.4 billion. Total sales increased 1.4% to $128.8 billion, including a $1.8 billion negative impact related to foreign currency translation. Same-store sales in the United States fell 0.4%.

October 18, 2013

Dollar General is opening its first fuel station, as part of a test pilot project.

Goodlettsville, Tenn. – Dollar General is opening its first fuel station, as part of a test pilot project. The new fuel pumps are located at the Dollar General Market in Hanceville, Ala.

September 18, 2013

Whole Foods Market is launching an in-store meat apprenticeship program for its team members.

Austin, Texas – Whole Foods Market is launching an in-store meat apprenticeship program for its team members. The intensive 18-month training program is designed to transform aspiring butchers into skilled meat cutters and teach them the company's standards for quality, animal welfare, food safety, and sanitation.

May 22, 2013

General economic conditions and federal, state and/or local regulations rank as the top two risks facing the retail industry, according to a new report by BDO USA.

Chicago -- General economic conditions and federal, state and/or local regulations rank as the top two risks facing the retail industry, according to a new report by BDO USA. The report, an analysis of the risk factors listed in the most recent 10-K filings of the largest 100 public U.S. retailers, found that federal, state and local regulations have increased as a risk among the nation’s largest retailers.

May 22, 2013

General economic conditions and federal, state and/or local regulations rank as the top two risks facing the retail industry, according to a new report by BDO USA.

Chicago -- General economic conditions and federal, state and/or local regulations rank as the top two risks facing the retail industry, according to a new report by BDO USA. The report, an analysis of the risk factors listed in the most recent 10-K filings of the largest 100 public U.S. retailers, found that federal, state and local regulations have increased as a risk among the nation’s largest retailers.

November 27, 2012

By Phillip M. Perry

Overcast with clearing skies — That’s the economic forecast from a major research firm as retailers enter a new year. Drizzly conditions will remain at least for the first half of 2013 as consumers hold tight to their pocketbooks. By the summer, though, light should break through the clouds as the resolutions of critical national uncertainties encourage corporate hiring, capital investment and consumer spending.

November 27, 2012

By Phillip M. Perry

Overcast with clearing skies — That’s the economic forecast from a major research firm as retailers enter a new year. Drizzly conditions will remain at least for the first half of 2013 as consumers hold tight to their pocketbooks. By the summer, though, light should break through the clouds as the resolutions of critical national uncertainties encourage corporate hiring, capital investment and consumer spending.

October 26, 2012

Nearly half (49%) of retail CFOs expect their capital expenditures will increase in the next 12 months, a 19-point uptick that leads all industries, and 29% expect to consider additional financing for expenditures, also leading all industries.

New York -- Nearly half (49%) of retail CFOs expect their capital expenditures will increase in the next 12 months, a 19-point uptick that leads all industries, and 29% expect to consider additional financing for expenditures, also leading all industries. according to GE Capital’s latest semi-annual “U.S. Mid-Market CFO Survey.” (Retail respondents have revenues of $150 million and an employee count of 1,235, on average. Data comparisons are against the GE Capital Mid-Market’s CFO Survey executed in first quarter 2012.

October 26, 2012

Nearly half (49%) of retail CFOs expect their capital expenditures will increase in the next 12 months, a 19-point uptick that leads all industries, and 29% expect to consider additional financing for expenditures, also leading all industries.

New York -- Nearly half (49%) of retail CFOs expect their capital expenditures will increase in the next 12 months, a 19-point uptick that leads all industries, and 29% expect to consider additional financing for expenditures, also leading all industries. according to GE Capital’s latest semi-annual “U.S. Mid-Market CFO Survey.” (Retail respondents have revenues of $150 million and an employee count of 1,235, on average. Data comparisons are against the GE Capital Mid-Market’s CFO Survey executed in first quarter 2012.

September 19, 2012

Walmart and HumanaVitality announced a first-of-its-kind program called Vitality HealthyFood, whereby Walmart offers a 5% discount on produce items to HumanaVitality members.

Bentonville, Ark. -- Walmart and HumanaVitality announced a first-of-its-kind program called Vitality HealthyFood, whereby Walmart offers a 5% discount on produce items to HumanaVitality members. The discount is loaded on a card in the form of a credit within five business days that can be redeemed on a subsequent trip to Walmart.

September 19, 2012

Walmart and HumanaVitality announced a first-of-its-kind program called Vitality HealthyFood, whereby Walmart offers a 5% discount on produce items to HumanaVitality members.

Bentonville, Ark. -- Walmart and HumanaVitality announced a first-of-its-kind program called Vitality HealthyFood, whereby Walmart offers a 5% discount on produce items to HumanaVitality members. The discount is loaded on a card in the form of a credit within five business days that can be redeemed on a subsequent trip to Walmart.

August 23, 2012

Axonify Inc. said that Toys ”R” Us Canada has selected Axonify’s next generation eLearning platform to deliver training content to its employees.

Waterloo, Ontario -- Axonify Inc. said Thursday that Toys ”R” Us Canada has selected Axonify’s next generation eLearning platform to deliver training content to its employees.

Axonify said it will assist Toys “R” Us Canada in integrating learning into the daily activities of its more than 5,000 associates, while providing a personalized experience that addresses a variety of generations, knowledge levels and learning styles.