retail news in context, analysis with attitude

• PepsiCo says that its fourth quarter earnings almost doubled to $1.43 billion, on Q4 sales that increased 4.5 percent to $13.3 billion from $12.74 billion.

Annual sales for the company were pretty much flat at $43.2 billion, on profit of$5.95 billion, up from $5.14 billion a year ago.

• Coinstar, which among other things owns and operates the Redbox DVD rental kiosks, reported a fourth quarter profit of $5.5 million, up from $4.2 million during the same period a year earlier. Q4 sales were up 44 percent to $328 million.

For 2009, Coinstar reported a full-year profit of $55.8 million on revenue of $1.1 billion, up from $14.1 million and $761.7 million, respectively.
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