Harris Teeter swings to profit in Q4
Matthews, N.C. — Harris Teeter Supermarkets reported Friday a profit of $22.8 million in its fourth quarter, compared with a loss of $8.9 million last year.
Sales edged up 3.7% to $1.14 billion, and same-store sales increased 3.01%.
The grocer has introduced a new format and banner – 201central – that it is using as a platform to sell a global variety of wine, beer, specialty foods and other selected merchandise.
Plans for fiscal 2013 include 12 new stores and nine major remodels.
Body Central profit dives in Q3
Jacksonville, Fla. — Body Central Corp. reported Friday that net income for the third quarter was $153,000, compared with $2.8 million in the year-ago period.
Sales inched up 1.2% to $67.9 million, boosted by 7 new stores that opened during the period.
DSW acquires corporate headquarters and Columbus DC
Columbus, Ohio — DSW Inc. announced Thursday the acquisition of 810 AC LLC, which owns the corporate headquarters of DSW, as well as its 700,000-sq.-ft. distribution center and trailer lot on its home office campus in Columbus, Ohio.
Purchase price was $72 million.
The company recently completed the $15 million installation of an automatic sortation facility in the distribution center to support its size replenishment program.