Home Depot 1Q hurt by slow housing market
ATLANTA The Home Depot has reported fiscal 2008 first quarter consolidated net earnings of $356 million, or 21 cents per diluted share, compared with $1 billion, or 53 cents per diluted share, in the same period in fiscal 2007.
Sales for the first quarter totaled $17.9 billion, a 3.4% decrease from the first quarter of fiscal 2007, reflecting negative comparable-store sales of 6.5%, offset in part by sales from new stores.
“The housing and home improvement markets remained difficult in the first quarter; in fact, conditions worsened in many areas of the country,” said Frank Blake, chairman and ceo. “I want to thank our associates for their hard work in a tough environment. We will continue to invest wisely in our core retail business to earn our customers’ confidence and ensure the long-term health of our business.”
Kroger reminds families about food safety
CINCINNATI As the summer grilling season approaches, The Kroger Co.’s family of stores is reminding customers about the four keys to safe grilling: chill, clean, separate and cook.
“Grilling out with family and friends is a terrific summer pastime we can all enjoy. At Kroger, we are partnering with our customers to remind them to follow these easy food safety tips so that every cookout is a success,” said Joe Grieshaber, group VP Kroger’s meat, seafood, deli and produce departments.
Retail pharmacies partner with Google for new health tool
NEW YORK Retail pharmacies such as CVS Caremark and Walgreens have partnered with Google to help consumers manage their health care information online through Google’s latest product, Google Health.
Using the Google Health tool, consumers can access vital health information, such as their prescription history. In addition, Google is working with the retailers to better integrate its product with their pharmacies. For example, patients who receive treatment at CVS’s MinuteClinic will be able to securely import their visit summaries into their Google Health Accounts. For its part, Walgreens is offering customers the chance to have their prescription history updated to Google Health on a daily basis.