- Wal-Mart Stores Inc. said that October same-store sales growth was in line with its target of 2 percent to 4 percent, but that sales at its Sam's Club warehouse stores have been disappointing.
- Gristedes Foods reported that third quarter sales rose over the same period a year ago, up 12.9 percent to $60.5 million; same-store sales for the period were up 11.8 percent. The company reported a quarterly net loss of $777,264, compared to a net loss of $472,895 in the previous third quarter. Year-to-date, sales increased 6.9 percent to $182.2 million, and same-store sales rose 8.7 percent, while year-to-date net income was down a whopping 40.6 percent to $189,245.
- Safeway PLC in the UK posted second quarter same-store sales that were up 1.1 percent, while total sales were up 1.3 percent. In the first half, same-store sales grew 1.9 percent, with total sales up 2.2 percent.
