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STAPLES posts strong results

STAPLES posts strong results

Retail : News STAPLES posts strong results Staples has announced its results for the fourth quarter and fiscal year ended February 3, 2007 . Total company sales for the fourth quarter grew 18% from last year to USD5.3 billion. Excluding an extra week...

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SPAR (AUSTRIA) FY 2006 results

SPAR (AUSTRIA) FY 2006 results

Retail : News SPAR (AUSTRIA) FY 2006 results SPAR ( Austria ) has reported a 9.2% rise in total group sales for 2006 to EUR7.97 billion (USD10.99 billon), mainly due to increased sales from its foreign country operations. Domestic sales rose by 4% to...

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SEARS FY results

SEARS FY results

Retail : News SEARS FY results Sears has reported that for the fiscal year of 53 weeks ended February 3, 2007 , total revenues were USD53,012 million, an increase of 8.4% compared with last year. For the year, domestic comparable store sales declined...

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SAINSBURY boss says business as usual

SAINSBURY boss says business as usual

Retail : News SAINSBURY boss says business as usual Speaking on the sidelines of a retail conference yesterday, the chief executive of Sainsbury, Justin King, said that it was business as usual and would not be drawn on the potential of several takeover...

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PUBLIX FY results

PUBLIX FY results

Retail : News PUBLIX FY results In the USA , Publix has reported financial results for the year ended December 30, 2006 . Net sales rose 5.2% to USD21.7 billion. Comparable store sales were also up 5.2% while net income rose 10.9% to USD1.1 billion, or...

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LIDL expands DC network in UK

LIDL expands DC network in UK

Retail : News LIDL expands DC network in UK Lidl UK has unveiled plans to build a distribution centre in Newton Aycliffe, County Durham , in North East England, leading to the creation of 250 full and part-time jobs. Local media report that Lidl has submitted...

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