The News Review:
- Puma Surprises With Robust 2Q Sales p Pft Beats Views
- Parents to get a break on clothing purchases
- In Kingston pub sales tax is on the house
- PININ: Cash-For-Clunkers jump starts sales
- Ingram Micro sees decline in sales profits
- Strong Sales Lift AstraZeneca’s Net
- High-End Retailers ffering More Discounts
Puma Surprises With Robust 2Q Sales p Pft Beats Views
Wall Street Journal
XE) Friday surprised analysts with robust second-quarter sales and a better-than expected operating profit. Parent company PPR (PP. FR) attributed the performance to a “good control of operating costs” and lower marketing and communication expenses. While first-half sales fell 3. 8% in comparable terms analysts focused on the 3. 8% rise in overall terms which they interpreted as a positive trend.
Parents to get a break on clothing purchases
Muskogee Daily Phoenix
”He said he expects Aug. 7-9 to be busy not just because of the tax-free items but because it is the last weekend before classes start at most Muskogee schools. Arrowhead Mall Marketing Director Penny Kampf said many mall stores are planning sales for that period. “A lot of stores will offer kids’ clothing and even teachers’ clothing” Kampf said. “And they know they’re going to need certain items of clothing and shoes. ”She said last year’s weekend drew a big crowd to mall stores. The weekend also helps keep money in klahoma communities said State Sen.
In Kingston pub sales tax is on the house
Boston Globe
The pub will absorb the difference. “I don’t think it’s going to create a mass revolt across the Commonwealth but it might make people think when you go and vote for your legislator’’ Beaton said. Until yesterday beer wine and alcohol were exempt from the sales tax. State officials have said the alcohol tax could generate $80 million this fiscal year. A reader board below The Charlie Horse’s sign yesterday afternoon read: “No new tax increase here. ’’Beaton said customers got a chuckle out of the rebelliousness given the current state of the economy. “All of our communities are facing overrides or shortages’’ he said “and it just keeps getting passed on to us.
PININ: Cash-For-Clunkers jump starts sales
South Carolina Now
hinted Friday for example that its sales rate for July might be its best in four years. “The pace of sales has picked up dramatically” Ken Czubay who heads Ford’s U. marketing and sales operations told Reuters. Ford and other major automakers will report U.
Related from Champcarnews: Cash-for-clunkers program pushes auto sales into overdrive
Ingram Micro sees decline in sales profits
Bizjournals.com
Through the same period a year ago the company earned $123 million or 71 cents a share on revenues of $17. Santa Ana-based Ingram Micro (NYSE: IM) provides marketing programs outsourced logistics services technical support financial services and product aggregation and distribution for vendors and resellers.
Strong Sales Lift AstraZeneca’s Net
Wall Street Journal
He added that troubles in the global economy have hit the company less severely than anticipated helping boost second-quarter results and the 2009 earnings forecast. Strong sales of the cholesterol drug Crestor and hypertension drug Toprol XL also helped lift the forecast. The company now expects core earnings per share for 2009 to be between $5. 00 up from its previous target of between $5.
High-End Retailers ffering More Discounts
New York Times
“In this market I’m finding it incredibly appropriate. Stuart is among the many consumers in this economy to reap the benefits of secret sales — whispered discounts and discreet price negotiations between customers and sales staff in the aisles of upscale chains. A time-worn strategy typically reserved for a store’s best customers it has become more democratized as the recession drags on and retailers struggle to turn browsers into buyers. The conventional wisdom is that the more consumers who know about a sale the better for business. But that rule does not necessarily hold in luxury retailing. “When you’re selling anything in luxury” said David A.