David’s Bridal to deploy Trusonic in-store music
La Jolla, Calif. Fluid Music Canada’s Trusonic, a provider of Internet-delivered music and messaging services for retail stores, announced that David’s Bridal will deploy Trusonic’s in-store music and messaging solution to all of its 325-plus locations.
David’s Bridal will also take advantage of the Trusonic messaging system to enable their vendors to broadcast advertisements on a national, regional and store-specific platform.
“Ensuring that our audio environment is relevant and complementary to our shopping experience is critical for us, and Trusonic was able to demonstrate that they can deliver on this,” said David Connelly, strategic sourcing manager at David’s Bridal.
RadioShack extends partnership with Lance Armstrong
FORT WORTH, Texas RadioShack’s chairman and CEO Julian Day announced at the company’s annual meeting on May 24 that RadioShack has expanded its partnership with Lance Armstrong and the Livestrong foundation. The company said it will introduce exclusive Livestrong-branded products and accessories in all stores beginning in July.
DSW sees improved sales, earnings for Q1
COLUMBUS, Ohio DSW announced net income of $30.2 million on net sales of $449.5 million for the first quarter ended May 1, compared with net income of $7.1 million on net sales of $385.8 million for the first quarter ended May 2, 2009. Same-store sales increased 16.2% versus a decrease of 4.7% last year.
Diluted earnings per share were 67 cents for the first quarter of fiscal 2010 compared with diluted earnings per share of 16 cents last year.
The company reiterated its estimate of an increase in annual comparable-store sales of approximately 6% to 8% and annual diluted earnings per share of approximately $1.65 to $1.75 for fiscal 2010. The estimated year-over-year earnings increase is expected to occur in the first six months of fiscal 2010. The second half performance implied in the guidance recognizes the more challenging last year comparisons for both sales growth and merchandise margins.