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Retail Rap: The Grocery Evolution
There has been a lot of discussion in the last several years about the strength of the grocery sector. I think it’s clear that a big reason behind that success has been the evolution of different formats and the explosive growth of a new generation of grocery concepts that represent a significant departure from the traditional grocery model.
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Urban Outfitters Q4 profit falls but beats Street
Philadelphia – Net income fell at Urban Outfitters Inc. during the fourth quarter of fiscal 2014, but still beat Wall Street expectations.
Urban Outfitters reported net income of $80.3 million, down 9% from $88.68 million the same quarter a year earlier. Lower initial merchandise markups, increased markdowns and higher selling, general and administrative (SG&A) expenses all contributed to the decline.

