Safeway's fourth-quarter profit jumps 77 percent
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Safeway Inc. , the No. 3 U.S. grocer, posted a 77 percent rise in quarterly profit on Thursday, helped by a tax benefit in the latest quarter and year-ago results that were hurt by store closures and employee buyouts.
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Kroger, the largest supermarket company in the United States, said yesterday that its fiscal third-quarter profit rose 16 percent as discounts spurred sales.
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Loblaw Cos. said third-quarter net income rose 19 percent as the company, Canada&#39;s largest supermarket chain, cut distribution costs and sold more of its profitable nonfood goods.
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Clothing retailer Limited Brands Inc.  LTD.N on Thursday posted a sharply higher quarterly profit,  lifted by a rise in sales at stores open at least a year.
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Safeway Inc. , the No. 3 U.S.  grocer, posted a higher quarterly profit on Thursday, as  remodeled stores, fresh produce and prepared meals helped it to  lure shoppers.
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Kroger Co , the largest U.S. grocer, on Tuesday posted a greater-than-expected 28 percent increase in quarterly profit and raised its full-year forecast, sending its shares up nearly 7 percent.
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CVS Caremark Corp  on Thursday posted a higher fourth-quarter profit, boosted by the addition of Caremark's pharmacy benefits business.
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Grocer William Morrison has reported strong sales at the Safeway stores it has converted to the Morrison brand and says it will speed up the rebranding of the chain it bought in March.
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Safeway (NYSE:SWY) Inc.'s second-quarter profit slipped 11 percent because of an unusual twist on its income taxes, but the second largest U.S. grocer remained on a sales upswing that has been propelled by a makeover of its stores.
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Off-price retailer TJX Cos. on Wednesday said improvements in inventory, cost controls and marketing boosted its fourth-quarter profit by almost 47 percent.
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Fourth-quarter profit surged at Alcan Inc.   on higher aluminum prices, the company said on Wednesday.
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The worldâs biggest maker of corporate storage gear said fourth-quarter profit rose to $525.7 million, from $388.8 million a year earlier, on strong revenue growth across a broad range of products.
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Kroger Co. KR.N, the top U.S.  grocer, on Tuesday said quarterly profit rose 29 percent as it  kept a tight rein on expenses and sales rebounded.
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- Safeway Inc. , the No. 3 U.S. grocer, posted a higher quarterly profit on Thursday, as remodeled stores, fresh produce and prepared meals helped it to lure shoppers.
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Yum Brands, operator of the Taco Bell, Pizza Hut and KFC chains, said that fourth-quarter profit rose, helped by increased sales in China, its fastest-growing market.
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Safeway Inc. , the No. 3 U.S. grocer, posted a higher quarterly profit on Thursday, as remodeled stores, fresh produce and prepared meals helped it to lure shoppers.
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The Kroger Company, the nationâs biggest supermarket chain, said fourth-quarter profit rose more than analysts had anticipated as discounts spurred sales.