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PetSmart expects FY13 sales growth of 3%-4%
Phoenix – PetSmart Inc. has issued guidance for fiscal year 2013 for total sales growth of 3%-4%, as well as same-store sales growth of 3%-4%, compared to the prior fiscal year. PetSmart also slightly downgraded previous same-store sales guidance for the third quarter of fiscal 2013 to 2.2%-2.5%, from previously issued guidance of 3%-4%.
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Report: CVS, Starbucks, other retailers coming to Boston’s South Station
Boston – Retailers including CVS and Starbucks, as well as Tavern in the Square and an independent bookstore, are soon coming to the South Station transportation terminal in Boston.
According to the Boston Globe, real estate management firm Equity Office says CVS will open a two-story store in South Station in March 2014. Construction, including an elevator and escalator, is expected to start in November 2013.