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August 2, 2012

Office Max Inc. reported net income of $10.7 million for the second quarter, besting Wall Street predictions and representing a strong turnaround from last year’s $3 million loss stemming from store closures and severance expenses.

Naperville, Ill. -- Office Max Inc. reported Thursday net income of $10.7 million for the second quarter, besting Wall Street predictions and representing a strong turnaround from last year’s $3 million loss stemming from store closures and severance expenses.

Revenue for the quarter slipped 2.7% to $1.6 billion, missing analysts’ forecasted $1.64 billion in revenue. The office supply retailer said it will reinstate its quarterly common stock dividend, which it suspended more than three years ago.

May 29, 2012

Los Angeles City Council votes to ban plastic bags at supermarket checkouts

The Los Angeles City Council voted 13-1 to ban plastic bags at supermarket checkouts, becoming the largest city in the nation to approve such a law.

New York -- The Los Angeles City Council voted 13-1 to ban plastic bags at supermarket checkouts, becoming the largest city in the nation to approve such a law.

The council voted to phase out plastic bags during the next 16 months at an estimated 7,500 stores, meaning shoppers will need to bring reusable bags or purchase paper bags for 10 cents each.

March 12, 2012

Employment Trends Index up 1.38% in February

The Conference Board reported that its Employment Trends Index increased 1.38% in February to 107.46, from the revised figure of 105.99 in January.

New York City -- The Conference Board reported Monday that its Employment Trends Index increased 1.38% in February to 107.46, from the revised figure of 105.99 in January.

The February figure is also up 6.1% from the same month a year ago.

March 6, 2012

Consumer Reports Index: Consumer sentiment drops

After three consecutive months of improvement, the Consumer Reports Index for March slipped to 46.1, from 49.6 last month.

Yonkers, N.Y. -- After three consecutive months of improvement, the Consumer Reports Index for March slipped to 46.1, from 49.6 last month.

March's Consumer Reports Index measures overall consumer financial health and showed that the confidence of the American consumer is waning.

Further challenging consumer confidence, The Trouble Tracker Index increased slightly this month to 52.2 from 49.1 in February, and is now at its highest level since August 2011.

February 8, 2012

San Francisco expands plastic bag ban to all retailers

San Francisco’s Board of Supervisors on Tuesday approved a proposal to expand the city’s bag on plastic bags from grocery stores and pharmacies to all retailers, including restaurants.

New York City -- San Francisco’s Board of Supervisors on Tuesday approved a proposal to expand the city’s bag on plastic bags from grocery stores and pharmacies to all retailers, including restaurants.

The expanded regulations also call for customers to pay a 10-cent surcharge for paper bags at the point of purchase. The businesses charging the fee will keep the money to use how they see fit.

December 6, 2011

Conference Board’s Employment Trends Index up in November

The Conference Board Employment Trends Index increased in November to 103.7, up from the revised figure of 102.42 in October.

New York City -- The Conference Board Employment Trends Index increased in November to 103.7, up from the revised figure of 102.42 in October. The November figure is up 6.4% from the same month a year ago.

March 7, 2011

Report: Employment Trends Index increases 8% year-over-year

The Conference Board’s Employment Trends Index, released Monday, increased in February for the fifth consecutive month.

New York City -- The Conference Board’s Employment Trends Index, released Monday, increased in February for the fifth consecutive month.

According to the Conference Board, the index now stands at 101.7, up from January’s revised figure of 100.1. The index is up over 8% from a year ago.

October 14, 2010

Consumer Sentiment Index declined in October

The Thomson Reuters/University of Michigan preliminary index of consumer sentiment, released Friday, showed that confidence...

September 7, 2010

California rejects ban on plastic shopping bags

California lawmakers have rejected a bill that would have been the first statewide ban on...

July 12, 2010

AAFES promotes reusable bag usage

Army & Air Force Exchange Service announced Tuesday that it is encouraging shoppers to use...

May 17, 2010

Best Buy now offering digital video service

Best Buy announced Tuesday the availability of its new digital video service CinemaNow, which will...

May 11, 2010

Spending continued to climb in April

Consumer spending rose for the second consecutive in April and remains at its highest level...

February 28, 2010

Walls + Forms unveils petite island and storage display for GPS and MP3 technology

Walls + Forms just introduced an attractive display that enables retailers to showcase the latest...

November 2, 2009

Best Buy to launch branded movie download service

Best Buy Co. said Tuesday that it will launch its own movie download service for...

October 19, 2009

Best Buy and Netflix partner to stream movies over Internet

Best Buy Co. announced Tuesday that its exclusive brand, Insignia, and Netflix have teamed to...

October 15, 2009

Consumer sentiment drops in October

The Reuters/University of Michigan Surveys index of Consumer Sentiment reversed direction and experienced a notable...

October 14, 2009

CVS stores to offer money back for reusable bags

CVS Caremark Corp. is launching a program for customers who reuse shopping bags, saying card...

January 26, 2009

Consumer Confidence Continues to Slip

The Conference Board Consumer Confidence Index, which had decreased in December, inched lower in January...

January 18, 2009

H.E.B. Supports Texas Recycling Initiative

H.E. Butt Grocery Co. is backing a new piece of legislation in Texas that would...

September 24, 2008

Wal-Mart to Cut Plastic-Bag Waste by 33%

Wal-Mart Stores Inc. plans to slash its global plastic shopping-bag waste by 33% over the...

May 31, 2008

California seeks to ban free, single-use carryout bags in retail

The California State Assembly on Wednesday narrowly approved a bill would make California the first...

January 31, 2008

Whole Foods ‘Sacks’ Plastic Bags in Hometown Store

Whole Foods Market has stopped offering plastic grocery bags to customers at its two stores...

January 23, 2008

H-E-B Turns to Reusable Bags in Texas

Beaumont, Texas, H-E-B...

November 20, 2007

N.J. Bill Calls for Banning Plastic Grocery Bags

New Jersey would...

October 1, 2007

Corsair Introduces “Flash Padlock" Secure USB 2.0 Drives With Hardware-Authentication Lock

Corsair Flash Padlock...