Shoppers are still being careful with their money and hunting for bargains, but generally positive October sales numbers suggest that consumers are beginning to look beyond the basics.
Continue reading Discount…
The world’s largest retailer, Walmart Stores, wants to get even larger: It has joined the bidding war for Indonesian retailer Matahari’s hypermarket business, Hypermart, a deal that could be worth up to $1 billion, unnamed sour…
Consumer goods company Unilever NV (UL) reported third quarter earnings of 0.43 euros per diluted share, up from 0.36 euros a year earlier.
Sales rose 13.2% to 11.5 billion euros ($16.4 billion), driven by a strong performance in emerging markets, the company said in a statement.
Higher sales, lower costs and a weaker euro boosted earnings, Unilever said.
“We have delivered another…
Continue reading Unilever Earnings Rise on Strong Sales, Weak Euro
Unilever Earnings Rise on Strong Sales, Weak Euro originally appeared on DailyFinance on Thu, 04 Nov 2010 07:56:00.
Filed Under: Company News, Earnings, Unilever, Retail, Currency
President Barack Obama’s joke about holding a “Slurpee Summit” between Democrats and Republicans has the makers of the sugary drink scrambling to take action. “We don’t want to be opportunistic, but nothing has ever been this b…
Starbucks (SBUX) plans to reduce the number of stores it renovates in 2011 as it focuses on flagship outlets, Bloomberg News reported.
The company will leave its renovation budget unchanged at $250 million, but renovate only about half the 1,900 stores due to be upgraded next year, development chief Arthur Rubinfeld told Bloomberg News.
The strategy will focus on stores in…
Continue reading Starbucks to Renovate Fewer Stores in 2011
Starbucks to Renovate Fewer Stores in 2011 originally appeared on DailyFinance on Thu, 04 Nov 2010 07:15:00.
Filed Under: Company News, Starbucks, McDonald’s, Retail