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Metropark launches iPhone app

BY CSA STAFF

Los Angeles Apparel retailer Metropark has launched a free application for the iPhone and iPod Touch.

The Metropark app allows shoppers to search inventory to narrow results by brand or item. Product pages feature multiple photo views, full descriptions and the ability to view the next or previous page with a tap. Shoppers can also choose their size and add selected items to their bag, or decide later by adding items to a Wish List.

In addition, the app automatically determines a customer’s current location using the iPhone or iPod Touch’s built in GPS to direct them to the nearest Metropark store. It also features a full store locator with directions, store hours and phone numbers.

“From its inception, Metropark has focused on implementing innovative ideas to further appeal to its fashion- and tech-savvy customers,” said Metropark CEO Renee Bell. “We are investing in the future and believe that customers are continually interested in different ways to shop — and cutting edge technology will remain a key element of our retail strategy.”

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Walmart promotes gaming deals

BY CSA STAFF

BENTONVILLE, Ark. Walmart announced that through Dec. 24, it will offer 15% to 20% savings on 25 top video game titles, including games for kids, families and extreme gamers, in stores. In addition, starting Saturday, Dec. 5, the retailer is giving away a $50 gift card with the purchase of a $199 Wii console in stores, through Dec. 12 while supplies last.

“We have promised shoppers that through the holidays, even after last week, we would continue to offer real savings on items we know are on shoppers’ minds, and this offer is for anyone buying games as gifts or even for themselves,” said Greg Hall, vice president media and services, Walmart Entertainment. “Regardless of whether you have a PS3, Xbox or Wii, these savings will help anyone to build a gaming library with great new titles.”

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Jo-Ann sees increase in 3Q income

BY CSA STAFF

HUDSON, Ohio Jo-Ann Stores announced that net income for the third quarter was $24.1 million, or 90 cents per diluted share, versus net income of $10.2 million, or 40 cents per diluted share for the third quarter last year.

Large-format store net sales for the quarter increased 8.7% to $272 million compared with the same period last year. Same-store sales for large-format stores increased 2.3% compared with a decrease of 3.8% in the same period last year. Small-format store net sales for the quarter increased 3% to $228.5 million compared with the same period last year. Same-store sales for small-format stores increased 6.7% compared with an increase of 1.2% for the same period last year. Internet sales through Joann.com for the quarter increased 6.2% to $8.6 million compared to the same period last year.

Based upon the company’s year-to-date results and management’s operating assumptions for the remainder of the year, the company expects a same-store sales increase of approximately 2.3% to 2.7% for the year and earnings per diluted share in the range of $1.95 to $2.05 for the year.

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