Retailers forecast that 2011 will be a year spent dealing with inflation, expanding stores and trying to wean shoppers off their markdown habit. Faced with rising costs that are pushing their prices higher, merchants say they …
McDonald’s (MCD) said that sales at stores open at least one year rose 4.8% in November from a year earlier.
Comparable sales rose 4.9% in Europe and the United States, and by 2.4% in the rest of the world, the company said in a statement.
“Contemp…
Walgreens (WAG) said November sales at stores open at least one year rose 3.2% from a year earlier, excluding sales at Duane Reade stores.
The effect of calendar day shifts boosted comparable sales by 1.5 percentage points, Walgreens said in a statem…
Costco Wholesale Corp. (COST) said sales at stores open at least one year rose 9% in the four weeks ending Nov. 28, compared with the same period a year ago.
Comparable sales in the U.S. rose 7%, while comparable sales at international stores gained 13%, the company said in a statement.
For the 13-week period ending Nov. 28, comparable sales rose 7%.
The company reported net sales…
Continue reading Costco Reports 9% Increase in Nov. Comparable Sales
Costco Reports 9% Increase in Nov. Comparable Sales originally appeared on DailyFinance on Thu, 02 Dec 2010 07:22:00.
Filed Under: Company News, Costco, Retail
Target reported Wednesday morning that net earnings grew 22.6% in the third quarter, beating estimates, as sales rose 3% and the company got a boost from its credit card business. The company also expects fourth quarter compara…