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Lumber Liquidators grows Q2 income, sales
Toano, Va. – Lumber Liquidators reported impressive gains in net income and sales during the second quarter of fiscal 2013. Net income rose almost 68% to $20.4 million from $12.2 million in the second quarter of the previous year, while net sales grew 22% to $257.1 million from $210.3 million.
Same-store sales increased 14.9%, driven by a 9.1% increase in the number of customers invoiced and a 5.4% increase in the average sale.
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Groupon upgrades Breadcrumb POS app
CHICAGO — Just two months after Groupon launched its free Breadcrumb iPad point-of-sale app, the company has announced major additions aimed to provide local businesses with a pre-built, customizable experience adapted to their specific industry.
Breadcrumb POS how offers features for a broad range of merchants, including the ability to use pre-loaded menus and inventory lists, process offline transactions, scan and redeem Groupon vouchers, track deal performance and add custom item modifiers.