Kroger authorizes $1 billion share buyback
Cincinnati — The Kroger Co. said Thursday that its board of directors has approved a $1 billion share repurchase program.
The new program replaces an existing authorization that has about $213 million remaining. The authorization is expected to be used over the next 12 months, according to Kroger.
Planet Fitness to unveil Manhattan flagship
New York City — Planet Fitness said Wednesday that it will open a Manhattan flagship location in Chelsea, at 158 West 27th Street, and is slated to open in early 2012.
The 20,000-sq.-ft. center will be housed at Himmel + Meringoff Properties’ 12-story, 117,000-sq.-ft. office building which has recently undergone a multi-million-dollar renovation.
Planet Fitness currently operates its only New York City fitness center in Harlem on 125th Street.
Williams-Sonoma and Barclaycard announced co-branded Visa card
San Francisco — Williams-Sonoma and Barclaycard announced Thursday a new co-branded Visa credit card and loyalty program, allowing cardholders to earn points redeemable for culinary-themed awards and enjoy a wide range of perks.