TORONTO — Sears Canada continued to lose ground in its fiscal fourth quarter as revenue fell 5.0% and same store-store sales decreased 3.8%. Earnings were flat and continued to be driven by factors other than the basics of being a ...
Driven by increases in store traffic and higher average ticket, Pier 1 Imports Inc. reported strong comp and total sales results for its fourth quarter, ended Feb. 25. On a 13-week comparative basis, comps grew 7.9%. Total sales for the ...
Tags: store traffic, average ticket
Cree LED Bulb Breaks $10 Price Barrier and Works Better than a Light Bulb DURHAM, NC -- March 5, 2013 — Cree, Inc. (Nasdaq: CREE) introduces a game-changing series of LED bulbs at a retail price point that gives consumers a reason to ...
Tags: Cree, LED Bulb Breaks, LED lighting
BMTC Group, Quebec's largest full-line furniture, mattress and appliance retailer, suffered declining sales and earnings in the fourth quarter and full year, a reflection of the challenging retail environment. Fourth quarter revenues of ...
Tags: BMTC Group, furniture, mattress, earnings
Following several months of construction work, SCHOTT is now ready to start firing up its new melting tank for manufacturing high-quality special-purpose. The technology group invested approx. six million euros in the tank equipped with ...
Tags: SCHOTT, Architectural Glass, Operation
The United States turned out to be the largest importer of handmade carpets and other floor covering from India during the last three fiscal years, according to the data with the Carpet Export Promotion Council (CEPC). Minister of ...
Tags: US, Importer, Indian Carpets
Advanced Photonix Inc of Ann Arbor, MI, USA (which designs and makes APD, PIN, and FILTRODE photodetectors, HSOR high-speed optical receivers, and T-Ray terahertz instrumentation) has acquired certain assets of Silonex Inc of Montreal, ...
Tags: Photonix, FILTRODE photodetectors, optoelectronic devices
The world's largest consumer electronics retailer Best Buy Co. Inc. (BBY) reported on Friday that the fourth quarter in fiscal 2012,the loss narrowed compared to the same period last year, which thanks to cost-cutting to offset the flat ...
Tags: Best Buy, consumer electronics retailer, BBY
Body Central Corp. announced financial results for the fourth quarter and fiscal year 2012. Highlights for the fourth quarter ended December 29, 2012: -Net revenues for the quarter increased 0.3% to $81.0 million, compared to $80.7 ...
Tags: Body Central, financial results, 2012
Italian Danieli Group, one of the world’s largest suppliers of plants and equipment for steel industry announced that its net profits totaled €77.5 million in the first six months of fiscal year 2012/13 ended on December 31st, ...
Tags: steelmaking division, steelmaking, steel
Microsoft's second quarter revenue of 21.456 billion dollars, an increase of 3% from 20.885 billion dollars in the same period last year; The net profit was 6.377 billion dollars, down 4% from 6.624 billion dollars last year. Microsoft's ...
Tags: Microsoft, Net Profit, IT industry
Insurance holding company Assured Guaranty has reported net income $110m, or $0.57 per share for the year 2012, compared to $773m or $4.16 per share during the same period last fiscal. The decline in the net income was primarily due to ...
As part of its fourth quarter and fiscal year 2012 earnings announcement, Gap Inc. announced that it plans to open as many as 20 more Old Navy stores in Japan in 2013. Old Navy opened its first store outside of North America in Tokyo in ...
Tags: fourth quarter, Gap, Old Navy stores
Sony, striving for its first annual profit in five years, said Thursday it sold a Tokyo office complex for about $1.2 billion. "Sony City Osaki," a building and block of land in a prime section of the Japanese capital near bustling Osaki ...
Tags: Sony, Offload Assets, company news
The Turkish company Orim has been part of SCHOTT Flat Glass BV, the leading supplier of tempered flat glass products for the white goods industry, for ten years now. During this period, SCHOTT Orim has managed to double its sales, ...
Tags: Schott Orim, Flat Glass BV