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Safeway receives military accolade in D.C.
In recognition of its support of national defense and the uniformed service community Safeway received the Military Officers Association of America’s highest honor.
Safeway was presented with the organization’s Distinguished Service Award at an event in Washington, D.C., in recognition of its outstanding support as an employer of Guard and Reserve members and veterans. The Military Officers Association of America (MOAA) ’s highest honor. MOAA was founded in 1929 and has 380,000 members.
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Gap has a tough March
Because the Easter holiday is in April this year rather than in March as it was last year, Gap already expected March to be a challenging month performance-wise.
The retailer reported net sales of $1.5 billion for the five-week period ended April 5. Comparable sales for March were down 6% versus a 1 % decrease last year.
“While March performance has been challenging, we remain confident in the opportunities ahead,” said chairman and CEO Glenn Murphy. “We are pleased to reaffirm our full-year EPS guidance range.”
