Content about General Merchandise

MEMPHIS, Tenn. — Fred's on Thursday reported a 1% sales decline to $209.9 million for the five-week fiscal month ended Dec. 29. Comparable store sales for the month decreased 4.2% compared with a decline of 0.4% in the same period last year.

NEW YORK — Convenience retailer 7-Eleven has jumped on the "fresh" bandwagon, according to a report published last week in the New York Times. And while 7-Eleven has been serving up fresh for more than a decade with its variety of hot dogs and breakfast fare, now the focus is on fresh food items that will fit within a consumer's diet plan, too. 

NEW YORK — Consumers continued to shop online in ever-increasing numbers this holiday season, according to Chase Holiday Pulse, an aggregator of payment processing data from 50 of Chase Paymentech's largest U.S. e-commerce merchants. Pulse results showed YTD year-over-year sales growth of 15.2%.

For the overall holiday season, Oct. 29 through Dec. 25, the Pulse analysis also revealed transaction growth was up 24.3% YoY, while the average ticket price number continued to decline by 7.3% YoY.

ROCHESTER, N.Y. — Kodak is selling its digital imaging patents for $525 million, the bankrupt photography company said.

The sale of the more than 1,100 patents, part of the company's restructuring efforts as it seeks to emerge from chapter 11 bankruptcy restructuring, involves the sale of the patents to a group of companies organized by Intellectual Ventures and RPX. According to published reports, companies buying the patents include Apple, Research In Motion and Google. Others include Adobe, Samsung, Fujifilm and China-based Huawei Technologies.

PLANO, Texas — As an extension of Dr Pepper Ten, the soft drink company will launch 10-calorie versions of five of its biggest soda brands, beginning January 2013. Sunkist, 7-Up, Canada Dry, RC Cola and A&W Root Beer are all getting makeovers.

Unlike other artificial sweeteners, the 10-calorie sweetener mix used by Dr Pepper Snapple Group contains enough high-fructose corn syrup to appeal to those consumers who have reservations about the taste of diet drinks, the company said.

ODENTON, Md. — M-Edge — a leading designer of tablet, smartphone and e-reader accessories — on Tuesday launched an expanded line of cases for iPhone 5. The new cases are now available at MEdgeStore.com, as well as at nationwide retailers, including Best Buy, Target and Staples.

PURCHASE, N.Y. — A slowdown in retail spending happened after a boost that followed Hurricane Sandy, according to a new report by a division of MasterCard.

MasterCard Advisors released its SpendingPulse report, finding that a three-week recovery in retail spending after Sandy began to slow during the week that ended Dec. 8, while some sectors, like specialty apparel, slipped into negative growth.

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RALEIGH, N.C. — Kerr Drug is launching a holiday toy and food drive for families in need, the regional chain said.

Kerr said it was responding to the difficult economy by collecting toys and food items at all its stores around North Carolina.

Collection bins were set up at the front of stores starting on Nov. 20 and will be there until Dec. 21. The Kerr Cares for Kids Foundation will give donated items to charity groups in the state that will then distribute them to needy families.

LOS ANGELES — Disney and creative genius Tim Burton — creator of “The Nightmare Before Christmas” — announced the release of "Frankenweenie," the hilarious 3D stop-motion animated masterpiece arriving as a 4-Disc Blu-ray Combo Pack, Digital and On Demand Jan. 8, 2013.

CLEVELAND — American Greetings has a new line of cards that include detachable, musical felt magnets in the shape of cartoon characters.

The company announced the launch of the Sweet Stuff cards, which include characters like Cup-Katie, Peacefully Polly, Tequila Terry and Wesley Whip.