Goodlettsville, Tenn. -- Dollar General Corp. reported that its fiscal third-quarter net rose 34% to $171.2 million on higher sales. The results beat Wall Street expectations and the discounter boosted its full-year earnings guidance Revenue for the quarter ended Oct. 28, 2011, increased 12% to $3.6 billion from $3.22 billion, topping Wall Street's estimate. Same-store sales rose 6.3% as customer traffic improved and the average transaction amount rose. In fiscal year 2012, Dollar General plans to open some 625 new stores, including approximately 40 Dollar General Market stores. In addition, it plans to remodel or relocate a total of
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If you were shopping at the Miami Beach Whole Foods on Nov. 1, 2009, you might have been subjected to the powerful stench of a raw sewage leak. Management tried to ignore the problem and covered the smell with air freshener, but an unnamed employee dubbed "Janet" informed corporate management of the poop leak cover-up. She ended up getting fired. Now, the U.S. Department of Labor's Occupational Safety and Health Administration is suing the chain for firing the employee.
Woonsocket, R.I. โ Looking to stay on the cutting edge of mobile commerce, CVS/pharmacy has made the entire CVS.com catalog available to shoppers through its mobile site (m.cvs.com), so CVS/pharmacy customers easily can browse, order and buy products anywhere, anytime from their smartphones. In addition, the CVS Photo mobile site features fully-optimized print ordering and purchasing with easy checkout. "Our new mobile shopping site offers digitally-minded CVS/pharmacy shoppers with a superior on-the-go retail shopping experience," CVS/pharmacy SVP and chief marketing officer Rob Price said. "The launch of mobile shopping is another exciting step in our ongoing effort to expand
Bloomingdale's recently revealed plans to grow the luxury department store brand. "Bloomingdaleโs is a growth brand for us,โ said Terry Lundgren, chairman, president and CEO of Macy's.
When Keds sneakers were launched back in 1916, the world was in the midst of World War I. Finally, 95 years into its existence, Keds is branching out and trying something new: apparel.
Three more syringes have been found hidden inside clothing at a Wal-Mart in Georgia, raising the total to seven and prompting fears for customer safety. In addition to three other incidents reported last month, two shoppers and a staff member have found needles in different pairs of trousers.
Amazon has pulled back the curtain on yet another way it will be snagging purchases away from physical retail outlets. Starting Dec. 10, users of Amazonโs Price Check app will be able to score up to $5 off a purchase of any product if they use the app in-store.
Verizon โ the only official carrier for the Google Galaxy Nexus phone โ said it will not support Google Wallet in its phones. Google confirmed that Verizon asked the company not to include the feature in the Galaxy Nexus phone.
Google is working on a delivery service to allow consumers to order items from local stores on the web and receive them at their homes or offices within a day. The service is in an early testing phase, according to the NY Times.
While it was rumored to open before Thanksgiving, the Big Apple's shiny new Apple store will open at New York City's famed Grand Central Terminal on Dec. 9 โ just in time to rake in the holiday season bucks as stressed-out commuters make their daily runs to and from the train.