Sears Holdings reports sales decline, Kmart comps flat in Q2
HOFFMAN ESTATES, Ill. — Kmart comparable-store sales were flat, and Sears U.S. sales declined by 1.2% during second quarter 2011, according to an earnings report released Thursday.
Kmart’s sales were $3.6 billion during the quarter, flat to second quarter 2010, while Sears Holdings as a whole had sales of $10.3 billion, down from $10.5 billion in second quarter 2010. The company had losses of $146 million, compared with $39 million in losses in second quarter 2010. Still, Kmart — which had 1,304 stores as of July 30 — experienced increases in sales in several categories, including pharmacy and drugs.
"We are not satisfied with our results and are taking actions to turn around our performance in a challenging economic environment," Sears Holdings president and CEO Lou D’Ambrosio said. "While we improved our revenue trend, including growing our online business by over 30%, we had lower gross margins."
Forces of Nature launches line of topical homeopathics
SONOMA, Calif. — Forces of Nature on Wednesday introduced its brand called Control, featuring 14 USDA-certified organic and Food and Drug Administration-registered topical medicines that target seven hard-to-treat conditions, including acne, herpes cold sores (caused by the herpes simplex virus) and scars. Each medicine uses a two-in-one approach that merges botanicals with recognized and established homeopathic drugs. The Control line is currently available at select Whole Foods Market stores and is rolling out in independent natural retailers nationwide.
According to Forces of Nature, the Control line is the first and only line of plant-based remedies that is categorized as medicine and certified organic. "Plant-based medicine has been around for centuries and is at the very roots of modern drug therapeutics," stated Peter Klapper, CEO of Forces of Nature. "If you’re sick, the first thing you should seek is a natural remedy to revitalize your system. Natural medicine works in harmony with your immune system versus suppressing your body’s natural instinct to heal itself."
Forces of Nature’s Control medicines are available online at ForcesOfNatureUSA.com and in Whole Foods Market stores nationally with placement in the ‘Natural Remedies’ section. They are currently expanding into distribution nationwide. Prices range from $19.95 to $29.95.
Sato launches motion-sickness thin-strip solution
TORRANCE, Calif. — Sato Pharmaceutical on Wednesday launched Zentrip, a new motion-sickness product featuring a fast-dissolving, fast-acting, citrus-flavored meclizine hydrochloride thin-strip.
"In only 15 seconds, this low-cost solution is working to prevent and ease the very uncomfortable effects of motion sickness," stated Walter Morimoto, sale manager for Sato. “Motion sickness is often the result of slow movement or movement in two directions — such as back and forth and up and down, at the same time — much as fishermen have experienced. As many have found, severity of this experience can last for hours or up to several days."
Zentrip offers up to eight hours of relief, Morimoto suggested.
Zentrip’s main ingredient is meclizine hydrochloride, an anti-emetic that works by blocking a chemical messenger in the brain, helping to reduce or prevent vomiting and other sensations associated with motion sickness, such as dizziness.
Because meclizine is an antihistamine and anticholinergic, it should be taken only by adults and those older than 12 years of age. Best results are found by taking the medication about one hour prior to traveling.
Suggested retail price ranges between $4.99 and $5.99.