Weis posts 2010 sales gain
SUNBURY, Pa. — Weis Markets on Thursday reported an 8.7% increase, to $68.3 million, in its fiscal-year 2010 net income for the 52-week period ended Dec. 25, and said its earnings per share for the year increased 21 cents, to $2.54 per share, compared with the same period a year ago.
The central Pennsylvania grocer reported a sales increase of 4.1% for the year to $2.6 billion. Comparable-store sales were up 1%.
"We’ve achieved our 2010 goals and have generated strong earnings increases for two consecutive years while maintaining our sales base and increasing our cap ex investments in markets impacted by cautious consumer spending and lower consumer confidence," stated Jonathan Weis, Weis Markets’ vice chairman and secretary. "Our results are due to increased productivity and improved cost controls at store level, supply chain improvements, efficient procurement and a disciplined go-to-market strategy."
AAFES receives design award for Tinker AFB store
DALLAS — The Retail Design Institute on Thursday recognized the Army and Air Force Exchange Service’s new store at Tinker Air Force Base for its fresh approach to retailing, with its Retail Design Legion of Honor award.
Working alongside Chute Gerdeman, a full-service retail branding and design firm, AAFES received honors in RDI’s International Store Design competition. The Exchange took first place in the large-format specialty stores category, with commanding general Maj. Gen. Bruce Casella and VP marketing and advertising Jim Skibo accepting the award on the Exchange’s behalf.
“We recognized a need to update our brand in order to communicate to military shoppers that we are here, ready with a new shopping experience, providing them with everything they need to outfit their unique military lifestyle,” Skibo stated. “The new brand marks a fresh and bold approach to the Exchange benefit.”
The renovations at Tinker AFB last year transformed the store into three major divisions: home, life and style, and customer service.
The Legion of Honor award was presented at the Retail Design Institute’s 40th International Store Design Awards presentation at Times Square in New York.
New ‘Peanuts’ DVD packed with two films
HOLLYWOOD, Calif. — CBS Home Entertainment and Paramount Home Entertainment have brought together two beloved films based on the popular comic strip "Peanuts."
The "Peanuts Double Feature" DVD, which arrives March 15, includes "A Boy Named Charlie Brown," the first "Peanuts" full-length feature film, and "Snoopy Come Home."
Total running time of the DVD is approximately 166 minutes. The "Peanuts Double Feature" DVD will be available for the suggested retail price of $16.99.