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Disney dreams big
GLENDALE, Calif. — Ahead of the upcoming Licensing International Expo in Las Vegas, Disney Consumer Products chairman Andy Mooney showcased the companies plans to expand its retail presence. According to Mooney, who was speaking at a media presentation, sales of Disney-branded merchandise have grown at a compounded rate of 12% per annum over the last 10 years.
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Village Super Market profit plummets in Q3 on charge
Springfield, N.J. -- Village Super Market reported Thursday that net income for the third quarter dropped 68% to $1.7 million, primarily due to a $4.2 million charge for the withdrawal liability from a multi-employer pension plan.
Sales grew 5.2% to $316.2 million. Same-store sales increased 4.8%.