Dominick’s president resigns
Pleasanton, Calif.— Safeway Inc. announced that the president of its Chicago-area Dominick’s Finer Foods division, Don Keprta, has resigned. Brian Baer, Dominick’s CFO and VP of finance, will assume the role of acting president of Dominick’s.
“Don has contributed significantly to the Dominick’s stores. His commitment and innovation helped the stores evolve to best serve the Chicagoland customers. We are fortunate that he has produced a team that is prepared to continue to build on our current momentum,” said chairman, president and CEO Steve Burd.
Parago launches first rebate app for iPhone, Android
New York —Parago, the nation’s largest rebate provider, has announced the launch of GoRebate Mobile, the first mobile shopping applications for iPhone and Android focused on rebates that allow marketers to deliver rebates directly into the hands of value-seeking consumers.
“GoRebate Mobile provides access to the exponentially growing demographic of price-savvy consumers that rely on their smart phones to shop and research deals. Our statistics show that of the people aware of shopping apps, 66% want to receive proactive rebate and cash-back deals,” said Juli Spottiswood, president and CEO of Parago.
GoRebate Mobilr is free to download, utilizes an intuitive and user-friendly design and allows users to:
Be presented with available rebates based on their current location
Browse for rebates in their area either by retailer or product category
Access rebate terms and conditions
Share specific rebate promotions with others via text, email, Facebook or Twitter, or tag them for a reminder at a later date
Track submitted rebates to see where they are in the redemption process
Track the card balance of their rebates paid out on prepaid cards issued by Parago; and
Set alerts for rebates by proximity and frequency.
GoRebate currently includes rebate promotions from select Parago clients across a number of retail, manufacturer and service categories.
99 Cents Only reports Q1 sales growth.
COMMERCE, Calif. — 99 Cents Only Stores reported total sales of $368.3 million for the first quarter of fiscal 2012 ended July 2. This represents an increase of 6.3% over total sales of $346.5 million for the same quarter last year.
Eric Schiffer, CEO, commented, "In the first quarter, we are pleased to report that we achieved 5.9% same-store sales growth for the full quarter and 2.7% same-store sales growth for the last ten weeks of the quarter starting with Easter Sunday. These sales results are essentially in line with our expectations for the quarter and our guidance for low single-digit growth for the fiscal year and we believe underscore the strength of our business model and our ability to attract new customers in a challenging economic environment."
The company’s overall same-store sales for the first quarter of fiscal 2012 increased 5.9%.
In fiscal 2011, the Easter holiday fell on April 4, 2010 compared to April 24 this year. As a result, the first quarter same-store-sales calculation for the first quarter of fiscal 2012, starting on April 3 and ending on July 2, 2011, includes the three weeks prior to Easter and is being compared with a 13-week period of fiscal 2011 which started on April 4, 2010 and ended on July 3, 2010 and therefore did not include any Easter sales effect, the company reported.
In fiscal 2012, the company currently plans to open 16 new stores, which is a store growth rate of approximately 6%.