Footprint Retail Services completes acquisition of Prism Retail Services
Lisle, Ill. Footprint Retail Services has completed the strategic acquisition of Prism Retail Services.
Prism provides in-store merchandising services to leading retailers and consumer brands throughout the United States. Its services are complementary to Footprint’s current offering and include new store set-up, store remodels, category resets and item cut-ins, among others.
Publix raises $4.4 million for Haiti relief
LAKELAND, Fla. Publix announced that its customers and associates raised more than $4.4 million in support of American Red Cross Haiti Relief & Development Fund during its three-and-a-half week register donation program.
“Words cannot express our sincere appreciation to our customers and associates for supporting the relief efforts in Haiti,” said Maria Brous, Publix director of media and community relations. “Because of their generosity, American Red Cross has been able to provide more than 3 million pre-packaged meals, distribute food and relief items to 37,000 families and are now producing 1.2 million liters of water per day. While the rebuilding of Haiti is sure to be a longer process, the outpouring of support for our neighbors was immediate and a community experience. ”
In a separate donation, Publix Super Markets Charities donated $100,000 to American Red Cross for relief efforts for the areas affected by the earthquake.
Whole Foods sees boost in 1Q sales, earnings
AUSTIN, Texas Whole Foods Market reported that sales for its fiscal first quarter increased 7% to $2.6 billion. Comparable-store sales increased 3.5%.
Identical-store sales, excluding five relocations and two major expansions, increased 2.5%. Net income increased 79% to $49.7 million and diluted earnings per share increased 62% to 32 cents.
“Our first quarter results exceeded our own expectations on both the top and bottom line. Given the strong sales momentum we are seeing, there are many reasons to be bullish about our future results. It is relatively early in our recovery, however, and there is still a lot of uncertainty regarding where the economy, the consumer, and competition go from here,” said John Mackey, chief executive officer and co-founder of Whole Foods Market. “Our raised outlook for the fiscal year reflects our cautiousness on the low end and our optimism on the high end. As the world moves out of this recession, we believe we are well positioned to produce strong returns for our shareholders.”