McDonald’s global comps dip 1.9% in January
Oak Brook, Ill. — McDonald’s Corp. reported Friday that global same-store sales decreased 1.9% in January, hurt by weakened performance outside the U.S.
By segment, comps in the U.S. rose 0.9%, but decreased 2.1% in Europe and dropped 9.5% in the Asia/Pacific, Middle East and Africa.
Systemwide sales for the month increased 0.3%, or 0.7% in constant currencies.
Levi Strauss profit up in Q4, revenue slides
San Francisco — Levi Strauss & Co reported Thursday that net income for the quarter ended Nov. 25 rose to $53 million, from $44 million in the year-ago period.
Revenue slid 3% to $1.3 billion, hurt by slowed sales in Asia.
Sur La Table announces senior merchandising exec promotion
Seattle — Sur La Table said Thursday it has promoted Jacob Maurer to the position of SVP – general merchandising manager for the kitchen goods chain.
The promotion is effective immediately, and will put Maurer in charge of all merchandise buying and product development functions for the company.
Maurer joined Sur La Table in 2003 as a store manager, opening the chain’s first Massachusetts store located in Chestnut Hill. In October 2004 he joined the company’s merchandising team in Seattle and rose to VP merchandising by 2009.