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Strong Sales Boost Abercrombie & Fitch

BY CSA STAFF

New Albany, Ohio, Abercrombie & Fitch Co. reported net income of $71.6 million for the third quarter ended Oct. 29, an increase of 79% from $39.9 million for the third quarter of fiscal 2004. Net sales for the 13 weeks increased 35% to $704.9 million from $520.7 million. The main driver of growth was the total company comparable store sales increase of 25%.

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Safeway Promotes Two

BY CSA STAFF

Pleasanton, Calif., Safeway has announced the promotion of David Lee to president/general manager of non-perishables and Rojon Hasker as president/general manager of perishables and lifestyle. Both Lee and Hasker have worked through the ranks in Safeway.

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GNC Announces Management Change

BY CSA STAFF

Pittsburgh, Joseph Fortunato, GNC Corp.’s senior executive VP and COO, has been named president and CEO, replacing Bruce Barkus.

According to the company, Barkus stepped down to pursue other interests.

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