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  • Costco total sales, comps rise in January

    ISSAQUAH, Wash. — Costco Wholesale Corp.'s sales increased 7% in January compared with January 2012, the club retailer said Thursday.

    Costco reported sales for the five weeks that ended Sunday of $9.35 billion, compared with $8.74 billion a year ago. The month was one day shorter than last year due to the timing of the New Year holiday, which reduced total and same-store sales by about 2%, the company said. Comps in U.S. stores were up by 6%.

  • Prestige Brands: Looking forward to January cough-cold reorders after strong Q3

    TARRYTOWN, N.Y. — Reporting on the third quarter ended Dec. 31, Prestige Brands' CEO Matthew Mannelly told analysts Thursday morning he is "cautiously optimistic" regarding cough-cold reorders given the high consumption levels at retail in late December through January. 

  • 99 Cents Only Stores sales increase 8.8% in Q3

    CITY OF COMMERCE, Calif. — Net sales at 99 Cents Only Stores increased 8.8% in third quarter 2013, the company said.

    The dollar-store chain announced sales of $439.5 million, a $35.6 million increase over third quarter 2012, while comps increased 4.3%. For the first three quarters of fiscal year 2013, sales were $1.23 billion, an 8.7% increase over the same period last year, while comps increased 4.3%. Profit for the quarter was $12.7 million, compared with $22.2 million at the end of third quarter 2012.

  • Revlon records 3.2% net sales increase for 2012

    NEW YORK — Revlon today announced results for the year and the fourth quarter ended Dec. 31, 2012, with a 3.2% increase in overall net sales. Excluding unfavorable foreign currency fluctuations of $21.2 million, 2012 net sales increased by 4.8%.

  • Walgreens reports 8.7% pharmacy comps lift for January

    DEERFIELD, Ill. — Walgreens Tuesday morning reported January sales of $6.2 billion, an increase of 6.3% as compared to the same month in fiscal 2012.

  • Cardinal quarterly revenue down 7%, earnings-per-share up 15%

    DUBLIN, Ohio — Cardinal Health on Tuesday posted $25.2 billion in revenue for its 2013 second quarter, down 7%. The company's non-GAAP diluted earnings per share was up 15% to $0.93. 

  • Katz Group Canada appoints Sharon Driscoll as EVP, CFO

    MISSISSAUGA, Ontario — The company that operates Canada's Rexall and Rexall Pharma Plus retail pharmacy chains has hired on a former Sears Canada executive.

    Katz Group Canada announced Monday the appointment of Sharon Driscoll as EVP and CFO.

  • Bloomberg: Tesco reassures U.S. customers as investment bank conducts strategic review

    NEW YORK — U.K. grocer Tesco is attempting to reassure shoppers that its United States-based Fresh & Easy supermarkets are not closing after announcing in December plans to exit the U.S. market, Bloomberg News reported Friday. 

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