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Johnson & Johnson delivers strong fourth quarter
Johnson & Johnson cited the strength of key brands in its U.S. over-the-counter business as one of the driving factors that led to what chairman and CEO Alex Gorsky called “outstanding” results for the fourth quarter.
The company reported sales of $18.4 billion for the quarter, an increase of 4.5% as compared to the prior-year quarter. Operational results increased 6.3%. Domestic sales increased 7.4%, while international sales increased 2.4%, reflecting operational growth of 5.6%.
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Nordstrom begins work on Pennsylvania fulfillment center
Seattle – Nordstrom plans to open its third fulfillment center at Conewago Industrial Park in Elizabethtown, Pa. Work has begun on the approximately 672,000-sq.-ft. building, with an additional 470,000-square foot mezzanine, which is scheduled to open in summer 2015, and the company is taking bids.