FINANCE

GameStop Q1 sales decline

BY Staff Writer

Grapevine, Texas — Ahead of releasing its first quarter results, GameStop said earnings for the quarter were 54 cents per share and that same-store sales fell 12.5%. According to the company, this drop in same-store sales is due to light demand for “AAA” game launches and slower-than-expected store traffic during the quarter.

The company has reaffirmed its full year earnings per share guidance of $3.10 to $3.30.

GameStop will provide second quarter and full year sales guidance in conjunction with its first quarter earnings release and conference call on May 17.

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OPERATIONS

Whole Foods app rewards green behavior

BY Staff Writer

Austin, Texas — Whole Foods is rewarding customers that live a green lifestyle through a new app it created with Whole Planet Foundation and BlueAvocado.

The "Make Change. Not Waste." mobile iPhone application allows users to earn badges and coupons for a number of green behaviors including recycling, using a reusable bag and biking to work. After completing 10 green actions, customers can unlock one coupon from leading green brands including: Nature’s Path, Alexia Foods, Dr. Bronner’s Magic Soaps, Stonyfield, Frontier Co-op and Organic Valley. Shoppers can also donate a percentage of the coupon value back to Whole Planet Foundation. The app is available to download from the Apple Store.

"We’re excited to help shoppers find easy ways to protect the planet, track their green choices and fund poverty alleviation projects around the world," said Philip Sansone, president and executive director of Whole Planet Foundation. "Through this app, shoppers can invest in making a real difference for the planet and their global neighbors."

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Publix cuts grocery bag use by 2 billion

BY Staff Writer

Lakeland, Fla. — Publix has achieved the eco milestone of saving more than 2 billion grocery bags since mid 2007. The company said it achieved this goal by training front service clerks and cashiers to increase the number of items per bag, implementing bag reduction goals for each store, holding communication campaigns to encourage the use of reusable bags and donating reusable bags to non-profits and partner organizations throughout the Southeast.

“At Publix, we are fortunate to have customers and associates who are committed to sustaining our environment,” said Maria Brous, Publix director of media and community relations. “That’s why we focus on the responsible use of environmental resources, and offering our customers and associates options when choosing paper, plastic or reusable bags.”

The company has offered in-store recycling of paper and plastic bags since the mid-1970s and introduced its first 99-cent reusable bags in mid-2007. Since the introduction, more than 21 million reusable bags have been sold at Publix locations.

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