-
AutoNation drives higher net income, revenue during Q1
Fort Lauderdale, Fla. – AutoNation Inc. reported net income of $91 million during the first quarter of fiscal 2014, about 10% higher than $83 million in the same period a year earlier. Revenue totaled $4.4 billion, up 7% from $4.1 billion.
Revenue increases resulted from stronger performance in all business sectors, including new vehicles, used vehicles, parts and service, and finance and insurance.
-
Report: Target increases online subscription assortment
Minneapolis – Target has reportedly increased the number of goods it offers for sale via online subscription from 150 to more than 1,600. According to the Associated Press, Target has also broadened its subscription assortment from baby goods to categories including beauty and home goods.
