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Modest gains for retailers in February, led by Costco and Limited Brands
New York -- Costco Wholesale Corp., Limited Brands and TJX Cos. on Thursday reported better-than-expected sales for February, as growing employment and a surging stock market apparently offset the impact of higher taxes. (Some analysts cautioned, however, that the monthly figures have become less influential as an economic indicator as the number of retailers reporting on a monthly basis has dropped considerable. As of this month, Target and Kohl’s are no longer reporting monthly sales.)
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Hanes wins eco award
WINSTON-SALEM, N.C. — Hanes has received the U.S. Environmental Protection Agency's highly coveted Energy Star Sustained Excellence Award for 2013. The award is the company's fourth consecutive year of Energy Star recognition and its second consecutive year as a recipient of the Sustained Excellence Award, which is given to a select group of organizations that have exhibited outstanding sustainability leadership year after year.