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PetSmart DC awarded LEED Silver
Phoenix -- PetSmart celebrated Earth Day on Friday with the announcement that its distribution center in McCarran, Nev., has been awarded Silver Certification under the LEED (Leadership for Energy and Environmental Design) for Existing Buildings: Operations and Maintenance rating system.
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Tesco annual profit up, losses continue at Fresh & Easy
New York City -- Tesco PLC said Tuesday that its profit rose 14% to $4.3 billion in its most recent fiscal year ending Feb.26, while annual group sales increased 8% to almost $106 billion. However, losses continued to mount at its U.S. division, Fresh & Easy Neighborhood Market, which lost about $302.6 million. The division, which opened its first stores in 2007, now has 172 locations. It has yet to post a profit.
Tesco remains committed to Fresh & Easy, and said it is ramping up expansion, with about 50 stores on tap for this year.