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Costco Wholesale yesterday posted negative comparable-store sales for October — the first time the retailer has ever done so, according to some observers — as retailers overall had their worst single month in decades.
Nash Finch here said Thursday that accounting and impairment charges caused net income to decline by 44% to $8.6 million in the fiscal third quarter that ended Oct. 4, but that sales improved by 5% to $1.4 billion and EBITDA grew in all of its...
Increases in store traffic and average sales ticket helped Dollar Tree boost its third-quarter sales by 11.6% to $1.1 billion, the retailer here said Thursday.
Whole Foods Market said Wednesday that identical-store sales were down slightly in the fourth quarter and have continued a downward spiral in the first weeks of its new fiscal year, as economic pressures continued to batter the once high-flying...
The Food Marketing Institute yesterday issued a
statement congratulating President-elect Barack Obama and Vice
President-elect Joe Biden "on their historic victory" in Tuesday's election.
Save Mart Supermarkets said yesterday it is launching its annual holiday food drive, aimed at providing more than 265,000 meals through local food banks.