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Casey’s Q2 profit down
Ankey, Iowa -- Casey's General Stores Inc.'s reported Monday that its net income declined nearly 13% in its fiscal second quarter on lower sales of gasoline, groceries and cigarettes.
Casey's made $32.9 million in the quarter ended Oct. 31, down from $37.6 million in the year-ago period.
Revenue rose 7.2% to $1.91 billion. Same-store sales of gasoline fell 0.4%, while sales of merchandise dropped 0.7%. Cigarette sales were hurt by competitive pricing and an increase in an Illinois state excise tax, CEO Robert J. Myers said in a statement. -
Deadline Extension: 2012 Retail Store of the Year Design Competition
New York -- Give your new store and renovation projects the recognition they deserve: Entries are now being accepted for the 31st annual Chain Store Age Retail Store of the Year Design Competition, which will celebrate outstanding retail and restaurant design. More than 20 categories are featured, ranging from supermarkets and discount/mass merchants to specialty stores and pop-up stores. Entries may be submitted by retailers, designers, architects or suppliers.