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Brentwood, Tenn. -- Farm and ranch store chain Tractor Supply Co. reported Wednesday that net income for the second quarter rose 17% to $106.6 million, compared with $91.2 million in the same period last year. Sales increased 9.6% to $1.29 billion, just missing Wall Street’s expected $1.30 billion in sales.

TORONTO - Canadian retailer Hudson's Bay Co. says it will close most of its 64 remaining Zellers Inc. stores that aren't being converted to Target stores, affecting up to 6,400 jobs. A spokeswoman for Hudson's Bay Co. said Thursday that the Zellers parent company has been contemplating what to do with the brand since last year, when it sold the majority of the leases for the discount stores to Target Corp. Tiffany Bourre says most of the remaining stores will be closed by March 2013. Bourre says the company hasn't ruled out the possibility of maintaining some of the

Pittsburgh -- GNC Holdings reported Thursday that net income for the quarter ended June 30 nearly doubled to $66.7 million, compared with $36 million for second quarter 2011. Consolidated revenue increased 19.4% to $619.1 million, and same-store sales increased 12.9% in domestic company-owned stores, representing the company's 28th consecutive quarter of positive same store sales growth.

A federal lawsuit against Wal-Mart was filed on Wednesday by disability rights advocates claiming that payment machines are inaccessible to California customers in wheelchairs and on scooters. Although the group admits that most retailers place point-of-sale terminals out of reach of disabled customers, it readily admits it's targeting Wal-Mart because “they are the biggest retailer in the world … They should be able to do it right,” said Arlene Mayerson, directing attorney at the Disability Rights Education & Defense Fund. 

/PRNewswire/ -- Munchkin, Inc., leading designer and manufacturer of infant and toddler products, today announced the company has received a favorable jury verdict and a $13.492 million damages award in its false advertising lawsuit against Playtex Products, LLC ("Playtex"), a wholly owned subsidiary of Energizer Holdings, Inc., and maker of the Diaper Genie®. NORTH HILLS, Calif., July 26, 2012 (Logo: photos.prnewswire.com/prnh/20120614/LA24478LOGO)On July 20, 2012, a federal jury found that Playtex's advertising of its Diaper Genie Elite as "Proven #1 In Odor Control" was literally false, and that Playtex deliberately sought to deceive consumers. The jury further found that Playtex's

SIDNEY, Neb. — Revenues rose 11.6% to $627.3 million at Cabela's during its second quarter, consisting of a 16.9% increase in store revenue, a 0.7% decrease in direct revenue and a 12.8% increase in financial services revenue. Same-store sales rose 4.7%. Net income for the quarterr increased to $33.9 million compared with $21.7 million and earnings per diluted share were 47 cents compared with 31 cents, each compared with the year ago quarter. "This strong performance is company-wide and shows that our strategic initiatives have generated major improvements in our business," said Tommy Millner, Cabela's CEO. "Every key line

St. Louis -- Build-A-Bear Workshop reported Thursday a loss of $8.3 million for the quarter ended June 30, compared with a $10.7 million loss in the year-ago period. Retail sales dipped 1.8% and same-store sales declined 1.7%. Chief executive bear Maxine Clark said she is focused on the future. “In just over a month, we will open our first newly imagined store design in St. Louis with five additional stores opening in major U.S. markets in the following weeks.” Clark reiterated the chain’s 2012 objectives – to introduce the new store design in six new stores starting in September;

Eugene Fife is the newest member of the Office Depot board. The office products retailer added Fife to the board after James Rubin stepped down. Rubin was required to give up his seat because of a stipulation in an investor rights agreement Office Depot struck with BC Partners in 2009 that gave the firm three board seats after it made a sizable investment. The agreement required BC Partners board members to be employed by the firm and because Rubin recently resigned from BC Partners he was no longer allowed to serve on the Office Depot board. However, in the

SHARE: Email Print LinkedIn Facebook Twitter This week Ikea plugged-in the solar panels installed at both its Chicago-area stores in Bolingbrook and Schaumburg, Ill. as well as store in Pittsburgh, Atlanta and Draper, Utah. This brings the retailers total number of completed U.S. solar energy projects to 25. Addition installations are under way at 14 more stores. The two Chicago area projects total 248,700 square feet and generating capacity of 1,989 kW, and were built with 8,463 panels. They represent the two largest distributed arrays in Illinois, making Ikea the states largest solar owner. Ikea contracted with Chicago-based SoCore

IBM’s fifth annual Online Retail Holiday Readiness Report has uncovered that 2012 may just be the year of mobile. Based on data from more than 500 U.S. retailers, the report found that online mobile sales increased 88.8 percent in the second quarter of 2012 compared with the same quarter in the prior year. IBM is forecasting that mobile sales will reach 20 percent of total online holiday sales this upcoming season, and that mobile traffic will close in on 25 percent. However, despite the growing trend in mobile shopping, social is lagging, according to IBM.