FINANCE

Casual Male Q2 profit up 17%

BY Staff Writer

Canton, Mass. — Casual Male Retail Group reported Thursday that second-quarter net income surged 17% to $6.6 million, compared with $5.6 million a year earlier.

Revenue increased 3.8% to $100.9 million in the period, surpassing Wall Street expectations of $99.5 million.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Winn-Dixie says goodbye to SaveRite

BY CSA STAFF

JACKSONVILLE, Fla. — Winn-Dixie Stores has announced that it will convert all SaveRite-branded grocery stores to conventional Winn-Dixie-branded stores and discontinue the SaveRite banner.

“Phasing out the SaveRite banner makes sense and supports Winn-Dixie’s neighborhood marketing strategy. For several years, Winn-Dixie’s business strategy has placed an emphasis on merchandising to the needs, tastes and preferences of local yet diverse neighborhoods, which means we strive to customize our product assortment to fit the lifestyles of the communities we serve,” said Peter Lynch, Winn-Dixie’s chairman, CEO, and president. “By aligning all 484 stores under one Winn-Dixie banner, we will be able to ensure a more consistent shopping experience for all of our guests – regardless of the type of neighborhood in which we operate.”

Six SaveRite locations in two states will convert to the Winn-Dixie store format.

  • Two stores located in Jacksonville, Fla. (1012 Edgewood Ave., and 201 W. 48th Street)

  • One store located in Orlando, Fla. (3201 W. Colonial Dr.)

  • One store located in Tampa, Fla. (2525 E. Hillsborough Ave.)

  • One store located in Hattiesburg, Miss. (4400 Hardy St.)

  • One store located in Laurel, Miss. (170 Beacon St.)

The conversion from SaveRite to Winn-Dixie will take roughly four months and should be complete in the fall, the company reported. SaveRite stores will remain open to serve guests throughout the conversion process. All current SaveRite team members will remain in the store locations as new Winn-Dixie team members.

The conversion from SaveRite to conventional Winn-Dixie stores will increase the number of available products in the stores as well as provide guests with value and meal solutions like “Make-A-Meal” and “What-A-Deal” promotions, the company reported.

Former SaveRite guests will be able to sign up for a new Winn-Dixie Customer Reward Card, which will provide instant discounts on thousands of items, specially-marked throughout the store. Guests can still use manufacturers’ coupons for additional savings, but also will be able to enroll in the Winn-Dixie’s Baby Club program and Upromise’s college savings program.

With the new Winn-Dixie Customer Reward Card, guests who shop in Jacksonville and Tampa, Fla., will be able to enroll in the fuelperks! Reward program.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Lowe’s adds Spanish language Web option

BY CSA STAFF

Lowe’s launched Lowes.com en Español, a Spanish language option that enhances Lowe’s ability to meet the needs and expectations of Hispanic consumers.

“Our No. 1 priority at Lowe’s is to ensure our customers have the best possible experience shopping with us, whether they plan a project with our employees in the aisles of their local store or at home through our online tools and services,” said Gihad Jawhar, VP of Lowes.com. “Providing a Spanish language option on Lowes.com is a natural next step as our website develops to provide improved customer service.”

In addition to shop-and-compare functionality, Lowes.com en Español provides how-to articles for projects around the home. Translated how-to video content will follow, with availability in September. Content covers such topics as regular home maintenance, tips for planting edible gardens and step-by-step instructions for DIY projects such as building a deck.

LowesCreativeIdeas.com also launched in Spanish. Customers can access the Spanish language content by visiting LowesCreativeIdeas.com/espanol. Lowe’s Creative Ideas offers inspiration to first-time homeowners and savvy DIYers alike. Ideas Creativas de Lowe’s will launch in print this September in collaboration with Siempre Mujer magazine, followed by a Holiday 2011 edition.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...