-
Tuesday Morning sales fall in Q3
Dallas -- Tuesday Morning Corp. reported Tuesday that same-store sales for the quarter ended Mar. 31 dropped 3.2% on spending and traffic decreases.
According to the discount retailer, traffic dipped 1.8% for the third quarter and average tickets fell 1.4%. Total revenue edged down 1% to $172.7 million, compared with $174.3 million in the year-ago period.
-
Staff reductions, poor food sales hurt Supervalu in Q4
MINNEAPOLIS — Costs related to workforce reduction contributed to $424 million, or $2 per diluted share loss, at Supervalu for its fourth quarter of fiscal 2012. For the quarter, net sales were $8.2 billion. For the fourth quarter of fiscal 2011, the company reported net sales of $8.7 billion and net earnings of $95 million or 44 cents per diluted share.