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3M launches new pocket projectors for on-the-go use

BY Allison Cerra

ST. PAUL, Minn. 3M has added two new products to its line of pocket projectors, making it convenient to share presentations, videos and more.

The 3M MP160 and MP180 offer 30 lumens of brightness and a two-hour battery life. The projectors also include a touch screen, Wi-Fi connectivity and Bluetooth compatibility, as well as an integrated MP3 player, four gigabytes of internal memory, a micro SD card slot and USB outlet.

"The 3M MP160 and MP180 truly offer something for everyone," said Mark Colin, VP of the mobile interactive solutions division. "The MP180’s unmatched versatility and extensive feature set is perfect for the mobile road warrior, while the MP160 is an ideal accessory for those who don’t need a lot of extra features and prefer a straight pass-through device. And, with two-hours [of] battery life, people can rest assured that they will be able to get through just about any presentation without needing to recharge."

The MP180 carries an estimated price of $399, while the MP160 has an estimated price of $349. Optional accessories for all 3M pocket projectors are sold separately. The projectors currently are available for pre-order from Shop3M.com and Amazon.com.

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Kroger reports growth, confirms guidance for FY2010

BY Allison Cerra

CINCINNATI Second-quarter sales for Kroger jumped 6% to $18.8 billion, compared with the year-ago period, the retail giant announced Tuesday.

While the 6% spike included fuel sales, Kroger’s sales excluding fuel rose 3.3% for the quarter ended Aug. 14. Same-store sales, excluding fuel,  increased 2.7% in the second quarter over the same period last year. Net earnings for the second quarter totaled $261.6 million, or 41 cents per diluted share, up from $254.4 million, or 39 cents per diluted share, in second quarter 2009.

Kroger chairman and CEO Dave Dillon said its business momentum is driven by its Customer First strategy, which is implemented across all operating environments. “Kroger’s sales have remained solid in the face of competitive and economic challenges because of the strong credibility we have with our shoppers,” Dillon said. “Our team understands the importance of finding ways to make each customer visit better than the last one, resulting in consistent positive identical supermarket sales growth.”

Kroger also disclosed that its total sales for the first two quarters of fiscal 2010 were $43.6 billion, compared with $40.5 billion for the same period last year. Excluding fuel sales, total sales increased 3.2% over the prior year. For the same period, same-store sales, excluding fuel, increased 2.6%.

Additionally, Kroger updated its same-store sales and earnings guidance for fiscal 2010, expecting a 2% to 3% growth in same-store sales, excluding fuel, as well as $1.60 to $1.80 per diluted share.

“As our results show, we are committed to achieving solid financial results today while we invest in the future growth of Kroger’s business,” Dillon said. “As we move into the second half of the fiscal year, we are striving to achieve results in the top half of our earnings guidance range, even as the operating environment remains uncertain.”

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Feel the love with ‘A Charlie Brown Valentine’

BY Allison Cerra

BURBANK, Calif. Love is in the air for the Peanuts gang.

Warner Home Video is slated to release "A Charlie Brown Valentine" on Jan. 4, 2011, at retailers nationwide. In this Peanuts primetime special, Charlie Brown and his pals may be unlucky in love, but they are fortunate in friendship in this heartfelt holiday treat.

The DVD will feature a bonus special titled "Someday You’ll Find Her, Charlie Brown" and will retail for a suggested retail price of $14.97.

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