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Epson is printer of choice for Groupon’s breadcrumb POS

BY Staff Writer

Long Beach, Calif. — Epson America, a supplier of value-added point-of-sale (POS) solutions, announced that Groupon has selected Epson receipt printers for its recently launched Breadcrumb POS system, an easy-to-use, powerful and affordable solution that runs on iPads for restaurants, bars and cafes. Epson’s most popular food service receipt printers, both the TM-U220 and the TM-T88V, will be available to businesses that order Breadcrumb.

“We selected Epson printers for their workhorse reliability and because they are by far the hospitality industry’s preferred brand,” said Seth Harris, general manager, Breadcrumb POS. “In addition, Epson has the global support and wide array of products we need to meet the needs of our merchants.”

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May-09-2013 06:52 am

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May-09-2013 06:52 am

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A guide to ‘made-in-the-USA’ shopping

BY CSA STAFF

LOS ANGELES — While getting gifts at the lowest price is likely the biggest motivator for holiday shopping at Walmart, many will still want to know where those products were made, and that’s where the "All-American Holiday Gift Gude" could come in handy.

The Made in USA Foundation’s latest edition of the "All-American Holiday Gift Guide" shows readers how to buy American-made Christmas and Hannukah gifts, ornaments and cards, with sections on toys, jewelry, games and other items for men, women and children. Co-published with Made in USA Certified, the 115-page guide also includes food-related items, such as chocolates, blenders and stoves.

"Companies are coming back to the United States," Made in USA Foundation chairman Joel Joseph said. "Consumers are demanding American-made products, and U.S. companies are more competitive than ever in making high-quality consumer goods."

The guide is available on the foundation’s website and Amazon.com for $9.95 as a paperback or $2.99 as an electronic book.

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Tractor Supply delivers EPS growth in Q3

BY CSA STAFF

BRENTWOOD, Tenn. — Tractor Supply Company reported that net sales for the third quarter increased 9% to $1.07 billion from $977.8 million in the prior year’s third quarter. Same-store sales increased 2.9% compared with a very strong 11.5% increase in the prior-year period. The same-store sales increase was driven primarily by continued strong results in key consumable, usable and edible products, principally animal- and pet-related merchandise.

Net income for the quarter was $50 million, or 69 cents per diluted share, compared with net income of $42.7 million, or 58 cents per diluted share, in the third quarter of the prior year.

The company opened 17 new stores and closed one store in the third quarter of 2012 compared with 12 new store openings and one store closure in the prior year’s third quarter.

Jim Wright, chairman and CEO, stated, "We are delighted with our ability to once again generate double-digit EPS growth during the third quarter, with our team executing exceptionally well through less than ideal weather conditions. We are pleased with our same store sales gain in light of last year’s very strong 11.5% comp increase and moderate inflation this year. Our core C.U.E. businesses posted solid increases above last year. Additionally, we demonstrated our ability to recognize and react quickly to the regional weather trends that developed through the quarter. As a testament to the progress we are making on our key initiatives and the stability we have built in our business, we achieved our 18th consecutive quarter of comp transaction count increases."

The company said net sales for the full-year 2012 are now expected to range between $4.61 billion and $4.65 billion compared with the company’s previously expected range of $4.58 billion and $4.65 billion. Same-store sales for the year are now expected to increase 4% to 5% compared with the prior expectation for an increase of 3.5% to 5%. Based on stronger than expected net income per diluted share for the third quarter, the Company now anticipates net income per diluted share for the full-year 2012 will range between $3.63 and $3.69, compared with its previous guidance of $3.58 and $3.66.

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