retail news in context, analysis with attitude


  • Whole Foods reported that its fourth quarter profit increased 27 percent to $30.2 million, compared with $23.8 million a year earlier. Sales increased 24 percent to $927.3 million.


  • Starbucks announced fourth quarter earnings of $103.4 million, compared with $69.6 million in the comparable period last year. Revenue for the quarter rose 34 percent to $1.45 billion, up from $1.08 billion a year ago.


  • Shoppers Drug Mart, Canada’s biggest drug store chain, announced third quarter sales that were the equivalent of $1.6 billion (US), up 9.1 percent from the same period a year ago, and profits of $77 million (US), up from $63.6 million (US) a year ago. Same-store sales were up 6.9 percent.

KC's View: