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Danfloss helps Supervalu complete first all-natural refrigerant store
Baltimore -- Danfloss, a manufacturer of high-efficiency electronic and mechanical components and controls for air-conditioning, heating, refrigeration and motion systems, and provider of energy management and control solutions for the food retail industry, was chosen by Supervalue to provide a range of energy-saving products and support for a remodel project that has resulted in the development of the company’s first grocery store operating 100% on natural refrigerants.
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Foot Locker Q3 profit surges 61% on strong sales
New York -- Foot Locker Inc. reported Friday that net income for the quarter ended Oct. 27 surged 61% to $106 million, compared with $66 million in the year-ago period. The recent quarter's results, which surpassed Wall Street expectations, included a $9 million tax benefit stemming from the settlement of a foreign tax audit.
Revenue rose 9.3% to $1.52 billion from $1.39 billion, beating analysts’ expected $1.47 billion in revenue. Same-store sales climbed 10.2%.