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Big Lots to shut down its wholesale business
Columbus, Ohio -- Big Lots will close down its wholesale operations — Big Lots Wholesale, Consolidated International and Wisconsin Toy — by the end of its current fiscal year as it concentrates its focus on its retail stores. The shuttering will result in the liquidation of the wholesale unit's inventory.
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Customer visits bolster Harris Teeter same-store sales
Grocer Harris Teeter credited its pricing and promotional strategies for driving unit sales and customer visits, which led to increased net and same-store sales for fiscal 2013.
For fiscal 2013, sales rose 3.8% to $4.71 billion from $4.54 billion in the year-ago period. Same-store sales for the year increased 2.23%.