News

Solid Sales Gains Seen Last Week

BY CSA STAFF

New York City, In the week ending Feb. 26, retail chain store sales rose by 1.5% from the week before and by 3.3% from the same week a year ago, according to the International Council of Shopping Centers (ICSC)-UBS Weekly Chain Store Sales Index. The year-over-year gain is the biggest since Jan. 15.

“Despite the tough comparison with year-ago sales growth, sales momentum was robust,” Michael Niemira, ICSC’s chief economist and director of research, said in a statement. “Customer traffic remained healthy for the four-week fiscal month of February and finished on an impressively strong note.

The ICSC expects February’s retail sales growth to come in at 3%.

keyboard_arrow_downCOMMENTS

Leave a Reply

E.Ako says:
Mar-21-2013 02:33 pm

Retail chain stores is very effective in their city. It has one of the highest profit earner. - JustFab

E.Ako says:
Mar-21-2013 02:33 pm

Retail chain stores is very effective in their city. It has one of the highest profit earner. - JustFab

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
News

Pantry Buys Southern C-Store Chain

BY CSA STAFF

Sanford, N.C., The Pantry Inc. will acquire Rome, Ga.-based D&D Oil Co., which operates 53 c-stores under the Cowboys banner. D&D does business in Georgia, Alabama and Mississippi, selling gas under the BP and Cowboys brand names. The deal also includes two additional stores that are under construction, and the development rights to seven potential store sites.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
News

CFO Tudor Resigns From Ingles Markets

BY CSA STAFF

Asheville, N.C., Ingles Markets Inc. today announced the resignation of Brenda S. Tudor, CFO and VP of finance, effective March 18. Ingles has begun to hunt for a new CFO, though Tudor will stay on part-time until a replacement is chosen. Tudor served 20 years with Ingles, eight of which she spent as CFO. She will not run for re-election for the board of the supermarket chain.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...