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Packaging News - Point of Purchase

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Point of Purchase

Lowe's Earnings Decline 7.9 Percent

The Charlotte Observer (N.C.)
August 19, 2008 - Though the Mooresville-based retailer announced better-than-expected second-quarter profits, company officials are projecting soft sales for the rest of the year....
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Penney's 2Q Profit Falls 36 Pct

The Dallas Morning News
August 18, 2008 - The retailer is projecting lowered earnings for the remainder of 2008....
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Former Wilsons Leather Chain Will Shut Down

Star Tribune (Minneapolis)
August 18, 2008 - The specialty retailer had rebranded as PreVu following bankruptcy reorganization, but its 100 remaining mall-based stores will go dark by the end of October....
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Tesco to Expand U.S. Stores into Chicago

The Independent (London, UK)
August 15, 2008 - The UK-based retail chain is set to open an office in Chicago ahead of launching Fresh & Easy convenience stores there....
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Consumer Spending Power Slips in U.S.

International Herald Tribune
August 15, 2008 - Retail sales fell 0.1 percent in July....
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Tween Brands Converting Limited Toos to Justice Stores

The Columbus Dispatch (Ohio)
August 14, 2008 - The mall-based juniors clothing retailer is aiming to attract cost-conscious buyers....
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CVS Caremark Buys Longs Drug Stores

The Sacramento Bee (Calif.)
August 13, 2008 - CVS has said that it plans to rebrand most of the 581 stores in the Longs chain, which is concentrated in Northern and Central California....
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TJX Raises Full Year Outlook After Strong Second Quarter

Business Wire
August 13, 2008 - Net sales for the discount clothing and home goods retailer during the second quarter of fiscal year 2009 increased 7% to $4.6 billion....
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Retail Sales Pace Slows

The Augusta Chronicle (Georgia)
August 12, 2008 - Americans are focusing even more on necessities such as detergent and milk, which is creating problems for apparel chains as the important back-to-school shopping season gets under way....
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Economic Downturn Boosts Sales at Secondhand Stores

San Mateo County Times (Calif.)
August 11, 2008 - As of June 30, sales at Pick of the Litter reached $290,000. Last fiscal year, the sales total was $273,000....
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