Red Lobster Posts Higher Same-Store Sales
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Darden Restaurants Inc. (DRI.N: Quote, Profile, Research) on Thursday said October same-store sales at its Red Lobster restaurants rose for the first time since February on the success
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NEW YORK Stocks moved mostly higher Friday as a stronger-than-expected retail sales report showed that record oil prices had not scared consumers away from spending.
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Target Corp. , the No. 2 U.S. discount retailer, on Thursday posted a higher quarterly profit, boosted by stronger sales and gains from the sale of its Mervyn's department store chain.
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U.S. chain store retail sales rose in the latest week, as increased customer traffic at discount and department stores continues to drive sales, a retail report said on Tuesday.
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Men's apparel retailer JoS. A. Bank Clothiers Inc. reported Thursday that double-digit same-store sales gains, as well as continued strength in catalog and Internet sales, drove second-quarter earnings up 75 percent to beat Wall Street expectations.
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General Motors Corp.  said on  Thursday that U.S. sales rose 3.4 percent in February, driven  by an increase in retail sales, but set its target for  second-quarter production 5 percent lower than a year ago.
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U.S. chain stores sales rose in the  third week of May with strength in household staples, but  rising gasoline prices and interest rates are expected to lower  sales in the second quarter, a report said on Tuesday.
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General Motors Corp.  said on Thursday that U.S. sales rose 3.4 percent in February, driven by an increase in retail sales, but set its target for second-quarter production 5 percent lower than a year ago.
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U.S. chain store sales rose in the  latest week, but business continued to fluctuate from the  effects of Hurricane Charley and high gasoline prices, a report  said on Tuesday.
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Wendy&#039;s International Inc.  on  Wednesday said same-store sales at U.S. Wendy&#039;s company-owned  restaurants rose 0.5 percent to 0.6 percent in the second  quarter, as new items such as its Frescata sandwiches were not  enough to give the struggling hamburger chain a major boost.
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The nationâs largest brewer posted a 11 percent rise in profit as it sold more beer at higher prices.
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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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U.S. chain store retail sales rose in the latest week as a holiday weekend gave Americans more time to shop, a report said on Tuesday.
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U.S. chain store sales rose in the first week of February, a report said on Tuesday.
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It plans to drive growth with fresher menu options and a new decor at Red Lobster.
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Drugstore chain CVS Corp.  on Tuesday said October sales at stores open at least a year rose 5.4 percent on higher demand for prescriptions and other merchandise at its CVS stores.
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Booksellers are enjoying brisk business since the traditional start of the holiday shopping season, with sales starting the week of Thanksgiving up sharply over 2003.