Word: stores
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...seat on the board of directors. Since then, the company has announced a number of major changes. On January 30, the company said it would stop selling breakfast sandwiches (in response to criticism that the odor covered up the smell of coffee), slow its rapid pace of opening stores in the U.S., and no longer report comparable-store sales to Wall Street - a sign that the company is serious about investing for long-term growth and not catering to short-term concerns from investors...
...Kroger: The largest traditional food retailer in the U.S. is doing well because its stores are convenient and people still need to eat. According to the WSL Strategic Retail survey, spending on food showed a net gain of 34 percentage points between those spending more versus those spending less compared to 2006, mostly because food prices have gone up. It has less to do with people buying more or trading up to gourmet items. Kroger's fourth quarter same-store sales at those open at least a year increased...
...spending increases among women and men: food and pet supplies. Owners are frequenting pet specialty boutiques or picking up an extra doggie tee or collar along with their own clothing purchases at places like Coach, Old Navy and Anthropologie. PetSmart, the largest specialty retailer for pets, had a same-store sales growth rate...
SHANGHAI Anya Hindmarch Local fans of these popular totes and other accessories won't have to travel to Beijing anymore; a flagship store opens this month at Plaza 66 in the Jing'an neighborhood...
...spokeswoman for Shaw’s said the grocery store chain is cooperating with authorities in the investigation, but no charges have been filed yet, according to The Boston Herald...