Gap grows Q3 sales
San Francisco – Gap Inc. reported increased net and same-store sales during the third quarter of fiscal 2013 in a partial financial release. Gap’s third quarter net sales grew 3% and same-store sales grew 1% compared to the prior year.
In addition, Gap’s same-store sales grew 4% in October 2013. The retailer will release full third quarter earnings results on Nov. 21, 2013.
McDonald’s U.S. same-store sales climb 0.2%
Oak Brook, Ill. – McDonald’s reported a slight 0.2% increase in U.S. same-store sales for October 2013. Same-store sales rose 0.5% globally, which also includes a 0.8% increase in Europe and a 2.8% decline in Asia-Pacific, Middle East, and Africa.
"Around the world, we are focused on providing the menu quality and choice, customer service and affordability that are the hallmarks of the McDonald’s experience," said McDonald’s president and CEO Don Thompson. "We remain confident in the fundamental strength of the McDonald’s System and our ability to drive initiatives that will deliver the greatest benefit for our customers."
Walmart.com to sell two winning ‘Get on the Shelf’ products
San Bruno, Calif. — Walmart announced today the two grand prize winners of its Get on the Shelf contest, Elvis Presley Home Bedding Collection and SKRIBS Customizable Wristbands. As grand prize winners, both products will be sold on Walmart.com and receive additional online marketing support. They will also be introduced to the Walmart Stores’ Merchandising team for store shelf consideration.
“Get on the Shelf has given American entrepreneurs and businesses the rare opportunity to showcase their product innovation to a broad set of new customers,” said Kelly Thompson, senior VP of merchandising for Walmart.com. “Through this exciting process, our customers have chosen items that we are excited to add to our online assortment at Walmart.com. Congratulations to both Grand Prize Winners who have demonstrated creativity, persistence and a true understanding of what America wants to see on the shelves at Walmart.”