Publix to Increase Recycling Efforts
Pompano Beach, Fla. Publix has partnered with Organic Recovery to increase its recycling rate by 25% to 30% in 33 stores. By the end of summer 2008, Organic Recovery said it aims to serve all 84 Publix stores in Broward County, Fla.
“Organic Recovery presents an opportunity in fulfilling our mission to be intolerant of waste by diverting food waste that would typically be sent to local landfills, thus reducing the greenhouse-gas emissions,” said Publix VP of facility services, Dave Duncan. “We are pleased with the short-term results and look forward to long-term resolutions.”
PacSun July sales down 3%
ANAHEIM, Calif. Pacific Sunwear of California posted July sales of $99.1 million for the four-week period ended Aug. 2, a decrease of 3% from $102.4 million during the same period last year. Same-store sales decreased 4%.
Sales for the 13-week second quarter were $312.7 million, a slight increase over last year’s $311.8 million. Same-store sales decreased 1%.
The company now expects to report earnings from continuing operations for the second quarter of fiscal 2008 in the range of five cents to six cents per diluted share.
Survey says Home Depot top DIY retailer
COLUMBUS, Ohio Home Depot is still the top destination for do-it-yourself shoppers but is losing ground to the competition, according to a July retail survey from BIGresearch.
The report found that 28.5% of consumers surveyed chose Home Depot most often when shopping for home improvement products, with Lowe’s second at 22.9%. But Home Depot’s numbers were down from July 2007 when it was chosen by 31.6% of consumers, with Lowe’s up slightly from 22.2%. Wal-Mart was chosen by 6% of consumers, up from 5.4% during the same period last year.
The numbers reflect at trend that began six years ago for Home Depot. “Home Depot’s consumer share has declined since posting a high of 40.9% in July 2002,” said Pam Goodfellow, senior analyst at BIGresearch.