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Grocer racks up another impressive year
Publix Super Markets hit a milestone in 2015 as it exceeded the $30 billion mark in annual sales and also racked up another impressive quarter.
The grocer reported that net earnings for the quarter ended Dec. 26, 2015, rose 15% to $521.1 million, from $453.3 million in the year ago period. For the full year, earnings rose some 13%, to $2 billion, compared to $1.7 billion last year.
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Mobile POS market shows growth
The number of installed mobile POS units is growing rapidly.
Mobile POS devices surpassed 6 million units worldwide by the end of 2015, according to new research from IHL Group. The number of installed units grew by 64% during the year.
The vast majority of these units are being used in retailers below 50 stores in their chain. However, IHL reports it is beginning to see an uptick in enterprise mobile POS retail accounts.

