retail news in context, analysis with attitude

• Walmart said that its first quarter income was $3.02 billion, roughly flat compared to the same period a year ago. Sales were off 0.6 percent to $93.47 billion.

• Whole Foods reported yesterday that its second quarter profit was down 32 percent to $27.3 million, from $40 million during the same period a year ago. Q2 sales were down 0.5 percent to $1.86 billion,, on a 4.8 percent drop in same-store sales.

• Unified Grocers said that its second quarter net sales were $951.7 million, down from $991.9 million during the same period a year ago. Operating income for the 2009 period was $6.8 million, compared to $8.9 million for the 2008 period.
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