Retail

Sam’s Club Debuts Smart-Phone App

Sam’s Club Debuts Smart-Phone App

BENTONVILLE, Ark.—Sam’s Club has launched a new smart-phone application for shoppers, which can be downloaded from iPhone, Android and BlackBerry app markets. Called Sam’s Club App, the new feature provides access to product information, club member reviews of products and eValues, which are customized discounts automatically loaded on the membership cards of Sam’s Club members.More »

hhgregg Net Falls 20 Percent in Second Quarter

hhgregg Net Falls 20 Percent in Second Quarter

INDIANAPOLIS–Net income for mattress/appliance retailer hhgregg dropped 20 percent in its fiscal second quarter, to $3.4 million. The bottom line suffered in spite of a 45 percent increase in net sales to $480.9 million in the quarter, which ended Sept. 30, 2010. Part of the quarterly numbers were a 41 percent jump in selling, generalMore »

Party for Life’s Sponsorship Campaign Kicks Off

Party for Life’s Sponsorship Campaign Kicks Off

NEW YORK–The fundraising efforts for Party for Life, the annual event of charitable organization Gift for Life, has begun with a $25,000 presenting sponsorship with Mudpie. To be held Jan. 30, 2011, at The Boathouse at Central Park, the 19th annual event will honor Mudpie’s founder and president Marcia Miller with the Trailblazer Award, whichMore »

NRF Projects November Retail Container Traffic to Rise 9 Percent

NRF Projects November Retail Container Traffic to Rise 9 Percent

WASHINGTON–Import cargo volume at the nation’s major retail container ports should grow 9 percent this month, according to the latest Global Tracker Report from the National Retail Federation and Hackett Associates. This prediction indicates that retailers believe the holiday selling season will be a strong one, said Jonathan Gold, NRF’s vice president for supply chainMore »

NYIGF At Home Exhibitors to Increase Space in January

NYIGF At Home Exhibitors to Increase Space in January

WHITE PLAINS, N.Y.–A number of vendors in the At Home section of the New York International Gift Fair will increase their exhibit space at the January show. According to Dorothy Belshaw, NYIGF director and senior vice president of GLM, owner and manager of the show, exhibitors are looking for added space in anticipation of “healthyMore »

Weak Retail Results for October Same-Store Sales

Weak Retail Results for October Same-Store Sales

NEW YORK—The major U.S. retail chains tracked by HFN posted lackluster results for October. Indicating how limp a month it was for the chains, both the TJX Cos. and Kohl’s—which have been logging consistently strong results over a long stretch—had a very forgettable October. TJX’s consolidated same-store sales were flat last month compared with OctoberMore »

HSNi Net Falls 10 Percent in Q3

HSNi Net Falls 10 Percent in Q3

ST. PETERSBURG, Fla.—Net income for multichannel retail company HSNi, parent of HSN and the Cornerstone catalog division, totaled $14.9 million in the third quarter ended Sept. 30, 2010 on a non-adjusted basis, down 10 percent from the third quarter of last year. Included in this bottom-line figure were a $2.5 million sales provision for anMore »