Genesco narrows loss in Q2, raises full-year outlook
Nashville, Tenn. – Genesco, parent to the Journeys, Lids and Johnston & Murphy banners, reported Wednesday a loss of $392,000 for the quarter ended July 31, compared with a loss of $3.2 million in the year-ago period.
Sales rose 29% to $471 million, from $364 million. Same-store sales surged 14%, with the Lids Sports Group up 12%, the Journeys Group up 15%, the Johnston & Murphy Group up 17%, and the Underground Station Group up 10%.
The company said it is raising its fiscal 2012 guidance, based on the performance.
In June, Genesco acquired British footwear company Schuh Group Ltd. for $113 million to expand its presence in the United Kingdom.
Lowe’s launches iPhone and iPod app
Mooresville, N.C. — Lowe’s said Wednesday it has launched a home improvement app for iPhone and iPod, now available on the App Store.
The application is designed to support customers with their home-improvement projects, and provide tools to help simplify the shopping experience.
"With the Lowe’s App, we are leveraging the popularity of iPhone and iPod touch to help customers make more informed purchasing decisions on the go," said Gihad Jawhar, VP Lowes.com. "We’ve also included a wealth of interactive content to inspire consumers on their next home improvement project."
The Lowe’s App allows consumers to research and purchase products, locate stores, watch how-to videos, review product ratings, and more.
Sam’s Club hosts free diabetes health screenings
BENTONVILLE, Ark. — Sam’s Club is offering free diabetes health screenings for both adults and children on Sept. 10, the retailer announced.
The free screenings will be held in Sam’s Club pharmacies nationwide from 11 a.m. to 3 p.m. and include glucose, A1C, blood pressure and body mass index (BMI) tests. Glucose tests are not available, however, in Tennessee, Maryland and Hawaii, Sam’s Club noted.
"Diabetes is fast becoming an epidemic in this country and it’s important that concerned Sam’s Club members ‘know their numbers’ — blood pressure, cholesterol, glucose, etc. — to seek out solutions for maintaining good health," Sam’s Club health-and-wellness SVP Jill Turner-Mitchael said. "At Sam’s Club, our free diabetic health screenings raise awareness, help families identify their risks for diabetes and educate the communities we serve on ways to treat, prevent and delay the onset of Type 2 diabetes."
As part of the screenings, Sam’s Club pharmacy also is offering free samples of Glucerna shakes by Abbott Labs and Zeiss Wipes plus Zeiss liquid spectacle lens cleaner by Carl Zeiss Vision.
For more information, times and locations of free health screenings in participating Sam’s Club locations, visit SamsClub.com/healthyliving.