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Auto parts retailer powers ahead
New York -- Advance Auto Parts achieved record sales, profits and store expansion last year and with many of the economic factors that contributed to its 2011 success, expected to remain in place this year expectations are high that 2012 will be another one for the record books.
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Abercrombie & Fitch Q4 profit falls 80% on holiday promotions, flat sales
New Albany, Ohio -- Margin squeezes and flagging same-store sales hurt Abercrombie & Fitch Co.’s fourth quarter profit dropped nearly 80% drop, to $19.6 million from $92.6 million a year earlier, amid margin squeezes and flat same-store sales.