Posts Tagged ‘retail’

Dollar General store cited by OSHA for second time

BROOKLYN — A Dollar General store in south Mississippi has been cited by the Occupational Safety and Health Administration for safety hazards. OSHA says in a news release yesterday this is the second time the Brooklyn store has been cited for the same hazards. It was cited for the same violations in 2010. Brooklyn is […] [...]

Bi-Lo now supporting Apple Pay option at all Southeastern stores

ACROSS MISSISSIPPI — Jacksonville, Florida-based Bi-Lo Holdings, parent company of BI-LO, Harveys and Winn-Dixie grocery stores, is now suporting Apple Pay across its entire southeastern footprint. “Customers want a shopping experience that is convenient, easy and secure, which is why we’re so pleased to announce support for Apple Pay,” said Bert DuMars, vice president, digital […] [...]

Global Port Tracker: Import cargo volume could set all-time high this month

WASHINGTON, D.C. — Import cargo volume at the nation’s major retail container ports is expected to see a final surge and set a new monthly record in October as the holiday season approaches, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. “Increasing congestion at the nation’s […] [...]

NRF predicts merrier holiday shopping season for retailers

WASHINGTON, D.C. — After a turbulent start to 2014, the National Retail Federation says it expects sales in November and December (excluding autos, gas and restaurant sales) to increase 4.1 percent to $616.9 billion, higher than 2013’s actual 3.1 percent increase during that same time frame. Holiday sales on average have grown 2.9 percent over […] [...]

Council rebrands in effort to push more visitors to Oxford Square

OXFORD — The Oxford Downtown Council has recently been rebranded as the Oxford Square Alliance. The Alliance has a new logo, and decals with the logo will be placed at member locations around the historic Oxford Square. “People from all over the world know about the Oxford Square,” says Mark Huelse, chair of the Oxford […] [...]

Dollar General’s attempt to buy Family Dollar goes hostile

GOODLETTSVILLE, Tenn. — Dollar General is going hostile with its $9.1 billion bid for Family Dollar after its rival repeatedly rejected previous offers. The discount chain has commenced an open offering to investors of Family Dollar Stores Inc. for $80 per share in cash. That offer was rejected last week by the company’s board, which […] [...]

Hancock Fabrics exec: ‘Expenses were a challenge’ as company posts loss

BALDWYN — Hancock Fabrics Inc. has released financial results for its second quarter ended July 26 and the first half of fiscal 2014. Net sales for the quarter were $59.3 million compared to $59.1 million for second quarter of last year, and comparable store sales increased 0.9 percent following a 1.7percent decrease for the same […] [...]

Retailers’ concerns mount over expired longshoremen’s contract

WASHINGTON — Retailers concerned by the lack of a West Coast longshoremen’s contract will continue to bring merchandise into the country at above-average levels this month but volume will drop from the record set in August, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “The […] [...]

Hancock Fabrics board decides against reverse stock split

BALDWYN — Hancock Fabrics Inc.’s board of directors has decided to withdraw Proposal 1, which relates to the proposed reverse stock split and subsequent deregistration under the Securities Exchange Act of 1934, from consideration at the upcoming annual meeting. Under the proposed 1,000 for one reverse stock split of the company’s outstanding shares of common […] [...]

NRF downgrades retail sales forecast after sluggish start to 2014

WASHINGTON — The National Retail Federation has lowered its retail sales forecast for 2014 because of slow growth recorded during the first half of the year, but said sales are expected to grow significantly faster over the next five months. NRF forecasted in January that retail sales would grow 4.1 percent in 2014 over 2013, […] [...]

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