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A Mixed Bag of December Sales Statistics

BY CSA STAFF

New York City, Nordstrom reported preliminary sales of $1,046.0 million for the five-week period ending Jan. 1, an increase of 11.7% compared to sales of $936.2 million for the five-week period ending Jan. 3, 2004. Same-store sales increased 9.3%.

Circuit City Stores Inc. said its December sales rose a disappointing 1.8%, while same-store sales declined 5.8%. Total sales increased to $1.75 billion in December from $1.71 billion in the year-ago period.

“December sales were below our expectations,” CEO Alan McCollough said in a statement. “While we continue to believe that our stores are operating more effectively than they did at this time last year, customer traffic was below last December’s levels.”

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Delhaize, Supervalu Name Senior Execs

BY CSA STAFF

Brussels, Belgium, Delhaize Group has appointed Georges Jacobs chairman of the board. Jacobs, chairman of Belgian pharmaceutical concern UCB Group, succeeds the retiring Gui de Vaucleroy.

In other grocery executive news, Minneapolis-based Supervalu named Roger Davidson corporate senior VP and COO of retail food companies, a newly created position. Davidson joins Supervalu from H.E. Butt Grocery Co., where he served as senior VP of grocery procurement, merchandising and store brands.

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Former Federated CEO Charged With Perjury

BY CSA STAFF

New York City, New York Attorney general Eliot Spitzer charged former Federated Department Stores chairman and CEO James Zimmerman with perjury, published reports say. Zimmerman pled not guilty to the charge.

The charge stems from testimony Zimmerman gave during an antitrust investigation into whether or not Federated and May Department Stores colluded to block rival Bed Bath & Beyond Inc. from selling Lenox and Waterford tableware.

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