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Sherwin-Williams sales up 18% for Q4
Cleveland-based Sherwin-Williams reported fourth-quarter net income of $72.9 million, up 11.6% from $65.3 million reported for the same period last year.
Sales for the quarter ended Dec. 31 were $1.89 billion, up 18.8% from $1.59 billion reported for the same period in 2009.
For the full year, the company reported net income of $462.4 million, up 6.1% from $435.8 million for fiscal year 2009.
Sales for 2010 totaled $7.77 billion, up 9.5% from $ 7.09 billion reported last year.
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Customer Growth Partners projects 5.1% retail growth in 2011
New Canaan, Conn. -- The retail industry will grow by 5.1% in 2011, the strongest growth in four years, according to Customer Growth Partners’ 2011 Forecast and Outlook. The New Canaan, Conn.-based consulting and research firm projects that the industry will create over half a million new jobs in 2010, the most of any employment sector, and that retail sales will reach a record level of almost $2.9 trillion.