Latest news on ‘Retail & Services’
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McDonald’s key sales figure rises in February
OAK BROOK, Ill. (AP) – Strong overseas growth for McDonald’s Corp. in February outweighed U.S. sales that barely nudged upward as the world’s largest fast-food chain posted a 4.8 percent [...]
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Coca-Cola Is Said to Weigh $15 Billion Purchase of Bottler Unit
(Bloomberg) – Coca-Cola Co., the world’s biggest soda maker, is in talks to buy the North American operations of bottler Coca-Cola Enterprises Inc. for almost $15 billion including debt, according [...]
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Lowe’s 4Q income up, yearly results fall
The Business Journal – Lowe’s Cos. Inc. reported increased earnings for its fourth quarter ended Jan. 29, but results for the full year were down.
The Mooresville-based home-improvement retailer earned $205 [...] -
TUI’s Net Loss Narrows
By HILDE ARENDS
FRANKFURT—German tourism and shipping company TUI AG on Monday reported a narrower net loss in the fiscal first-quarter on reduced administrative expenses and improvements in taxes, and said [...] -
Retail sales rise brightens recovery picture
WASHINGTON (Reuters) – Sales at U.S. retailers were unexpectedly strong last month, suggesting consumers were feeling a little more comfortable to spend and improving prospects for first-quarter economic growth.
Retail sales [...] -
McDonald’s January Sales Rise 2.6%, Topping Estimates
By Courtney Dentch (Bloomberg) – McDonald’s Corp., the world’s largest restaurant company, said global sales rose 2.6 percent in January, topping some analysts’ estimates, as demand in Asia and the [...]
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Services index moves back to growth territory
By Greg Robb (MarketWatch) – The service sectors of the United States moved back into growth territory, according to a survey of companies released Wednesday by the Institute for Supply [...]
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UPS Forecasts ‘Gradual’ Economic Improvement In 2010
By Bob Sechler – DJ
United Parcel Service Inc. (UPS) executives forecast a gradual global rebound in 2010, with a challenging first quarter but economic conditions steadily improving throughout the year.
“It [...] -
P&G, Colgate sales up; consumers return to brands
By Dan Sewell, AP Business Writer
CINCINNATI (AP) – Big brands are back.
Two of the world’s most familiar consumer products companies, Procter & Gamble and Colgate-Palmolive, say sales are improving for [...] -
Netflix Rises Most in 7 Years on 2010 Profit Forecast
By Tian Huang and Adam Satariano
(Bloomberg) – Netflix Inc., the largest U.S. mail- order movie-rental service, rose the most in more than seven years in U.S. trading after adding more [...]
