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Asda brings Nook to U.K. market

BY CSA STAFF

LONDON — Walmart’s U.K. division, Asda, will has partnered with Barnes & Noble to sell exclusively Nook e-reader products.

Nook products available at Asda include the Nook Simpe Touch and Nook Simple Touch GlowLight. Both feature built-in access via Wi-Fi to Barnes & Noble’s digital catalogue of more than 2.5 million digital titles, including top-selling U.K. books, newspapers and magazines.

“Asda is a successful British retailer that puts value and customer service at the forefront of its business, we feel that it is a great brand fit for Nook,” said Jamie Iannone, president Nook Media LLC. “It has significant scale in the UK and we look forward to offering our award-winning products to their millions of discerning customers.”

Andrew Thompson, technology expert at Asda, commented: “At Asda we always aim to deliver the best in value and quality to our customers. Partnering with Barnes & Noble gives us an opportunity to add great value, high quality devices to our offering.”

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Weis controls expenses and improves income for Q3

BY CSA STAFF

SUNBURY, Pa. — Weis Markets reported a 1.2% increase in net income to $17.2 million for its third quarter thanks to disciplined promotions, increased store-level productivity and improved efficiency. Earnings per share increased 1.6% to 64 cents per share compared with the same period in 2011.

For the period, the company’s sales decreased 1.5% to $668.4 million while comparable stores decreased 1.7%. Weis attributed its sales results to an unfavorable year over year comparison. In September 2011, a majority of its stores located in Pennsylvania and New York counties were impacted by flooding due to Hurricanes Irene and Lee, resulting in emergency sales surges throughout these areas.

Compared to the same period in 2011, the company’s third quarter sales were also impacted by a $4.5 million decline in pharmacy sales due to the conversion of brand drugs to generic. As part of its strategy to offset this decline, the company has expanded its immunization programs.

Weis said its sales were also impacted by cautious consumer spending due to high unemployment in Northeastern Pennsylvania, New York’s Southern Tier and parts of Central Pennsylvania along with higher gas prices throughout its five state market area.

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Primark, London

BY CSA STAFF

Value fashion retailer Primark’s new flagship on Oxford St. (at Tottenham Court Rd.) spans some 82,300 sq. ft. over four floors. Designed by Dalziel & Pow, London, the store has a bold, modern look, complete with a faux tube station, a massive LED screen and colorful graphics. Digital integration is a key element, with specially commissioned brand films playing on the exterior wall of the elevator lifts. An animated store map is featured on the elevator walls and throughout the store to help with customer navigation.

Primark, which is owned by Associated British Foods (ABF), has 242 stores across Europe. With its cheap-chic fashions and low prices, the company has enjoyed a strong year, with its revenues up considerably over last year.


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