Costco sees lift in July sales
ISSAQUAH, Wash. — Costco reported on Thursday a boost in net sales and same-store sales during the month of July.
Net sales totaled $8.55 billion for the four weeks ended Aug. 3, an increase of 9% from $7.87 billion during the similar four-week period last year.
Same-store sales increased 5%, while U.S. same-store sales also increased 5% during the period.
For the 48 weeks ended Aug. 3 net sales were $101.43 billion, an increase of 7%. During the 48 weeks, same-store sales increased 4%. In the United States, same-store sales rose 5%.
Delhaize Group sees ‘strong’ comp growth in U.S. during Q2
BELGIUM — Delhaize Group announced on Thursday that U.S. same-store sales for the second quarter increased 3.3%.
In the U.S., revenue growth in local currency was 4.7%, including a 0.8% positive calendar impact.
“Our operating performance in the second quarter was in line with our expectations. In the U.S., comparable store sales growth remained strong, driven by momentum at Food Lion and Hannaford. Our U.S. underlying operating profit began to stabilize as we started to cycle last year’s price investments,” stated Frans Muller, president and CEO of Delhaize Group.
For the Delhaize Group, revenues increased by 0.5% and 3.7% at actual and identical exchange rates, respectively. Organic revenue growth was 3.7%.
Net loss from continuing operations was €44 million compared with a net profit from continued operations of €107 million in last year’s second quarter. This resulted in a €0.44 basic loss per share compared with €1.07 basic earnings per share in the second quarter of 2013.
Menasha Packaging facility recognized for product safety
NEENAH, WIS. — The British Retail Consortium Global Standard has once again certified Menasha Packaging’s Yukon Plant, located in Ruffs Dale, Pa., for Packaging and Packaging Materials, Menasha has announced.
In addition, the International Organization for Standardization has recommended unconditional approval for continued registration for the Yukon Plant.
For the second straight year, the Yukon Plant received an “A” grade certification from BRC, which is a global product safety and quality standardization program. ISO also verified the Yukon Plant’s ability to implement and maintain an effective Quality Management System after a recent surveillance audit. Yukon received ISO 9001:2008 recertification in 2013, which lasts for three years.
“Menasha Packaging strives to make our customers feel confident in the safety of the products that we are supplying; our BRC and ISO certifications help provide that assurance,” stated Deborah Long, quality manager for Menasha Packaging’s Western Pennsylvania complex. “Maintaining these certifications each year has elevated the daily cleanliness standards at our facility making our plant always prepared for inspection.”
The BRC Global Standards are widely used by suppliers and retailers worldwide since they aid in standardizing quality, product safety, operational criteria and manufacturers’ fulfillment of legal obligations. Its Packaging and Packaging Materials standard is also a Global Food Safety Initiative recognized scheme.
ISO is a developer of voluntary International Standards and aims to make industry more efficient and effective. ISO provides specifications for products and services, along with best practices.