Staples strikes Gold in Roslindale, Mass.
Roslindale, Mass. Staples announced that its store in Roslindale, Mass., is its first Northeast location to be awarded Gold certification in Leadership Energy and Environmental Design (LEED) by the U.S. Green Building Council.
The store includes 39 roof skylights that will provide natural lighting for the store and limit use of artificial lighting during the day. It also includes an energy-efficient roof that is super-insulated to reduce heat gain in the summer and heat loss in the winter, as well as construction materials that incorporate recycled content, including drywall, concrete and carpet.
The Roslindale Staples uses approximately 34% less energy than a standard store. It is currently testing an Isuzu Hybrid truck for deliveries around Boston, and limits the speed on all delivery trucks to 60 miles per hour, improving fuel economy by 23% and lowering emissions.
Dollar Tree reports increase in Q3, raises outlook
CHESAPEAKE, Va Dollar Tree reported increase in sales and earnings during third quarter ended Oct. 31 and raises outlook.
The company reported earnings per diluted share of 76 cents, for third quarter ended Oct. 31, an increase of 61.7% compared with the 47 cents earnings per diluted share reported for quarter ended Nov. 1 the prior year. Consolidated net sales for third quarter were $1.25 billion, a 12.1% increase compared with $1.11 billion reported for quarter ended Nov. 1 the prior year. Comparable-store sales increased 6.5% for the quarter.
The company estimates sales for fourth quarter of 2009 to be in the range of $1.49 – $1.53 billion, based on low-to-mid single digit positive comparable-store sales. Diluted earnings per share are estimated to be in the range of $1.30 to $1.39.
Full year sales are now estimated to be in the range of $5.17 – $5.21 billion and diluted earnings per share are expected to be $3.34 – $3.43.
Amazon.com 3Q income soars on Kindle success
SEATTLE Amazon.com’s sales and income soared in the third quarter, thanks in large part to the success of the Kindle e-reader.
Amazon.com reported that net sales increased 28% to $5.45 billion in the third quarter, compared with $4.26 billion in third quarter 2008.
Net income increased 68% to $199 million in the third quarter, or 45 cents per diluted share, compared with net income of $118 million, or 27 cents per diluted share, in third quarter 2008.
“Kindle has become the #1 bestselling item by both unit sales and dollars – not just in our electronics store but across all product categories on Amazon.com. It’s also the most wished for and the most gifted. We are grateful for and energized by this customer response,” said Jeff Bezos, founder and CEO of Amazon.com. “Earlier this week we began shipping the latest generation Kindle. Its 3G wireless works in the United States and 100 countries, and we’ve just lowered its price to $259.”
Fourth-quarter net sales are expected to be between $8.125 billion and $9.125 billion, or to grow between 21% and 36% compared with fourth quarter 2008.