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Just a Drop odor eliminator gains traction

BY David Salazar

NEW ROCHELLE, N.Y. — Bathroom odor eliminator Just a Drop appears has been gaining traction recently, being featured on “Dr. Oz” and “The Doctors” and selling over 5 million units since its launch in 2011.

The product is made from biodegradable plant extract, and it works by placing a drop of the liquid in the toilet, trapping odor and eliminating it.

“We are delighted to see that the consumers are loving our new Odor Eliminator,” a Just a Drop spokesman said. “Just a Drop was developed with the average person in mind. … It is great for anyone and everyone to use and is a completely safe alternative to the toxic sprays currently on the market.”

Just a Drop is available in eucalyptus, refreshing spring, morning rain, citrus splash, lemon fresh, sunshiny day and floral oasis scents and are available on the Just a Drop website or Amazon. 

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Fred’s heading into the holidays behind 15% September growth

BY Michael Johnsen

MEMPHIS, Tenn. — Fred's Super Dollar on Thursday reported a 15% sales increase to $211.5 million for the five weeks ended Oct. 3. Excluding $6.2 million from last year's September sales related to 52 subsequently closed locations, total sales increased 19% for the month. Comparable store sales for the month rose 4.2% compared with an increase of 0.2% in the year-earlier period.
 
"We are pleased to report a solid sales performance for September, as both total and comparable sales exceeded our plan," commented Jerry Shore, Fred's CEO. "This reflected strong growth in retail and specialty pharmacy, along with higher general merchandise sales as our merchandising and marketing programs produced balanced contributions across all major front-end categories."
 
Fred's total sales for the year-to-date period increased 9% to $1.4 billion. Excluding sales of $51.3 million from stores closed mainly in late 2014, total sales increased 13% for the first eight months of 2015. On a comparable store basis, year-to-date sales increased 1.3% versus a decline of 0.5% for the year-earlier period.
 
"Our team is excited as we head into the important holiday season," Shore added. "We have a sense of confidence about the opportunities ahead considering the way we continue to increase the coordination of initiatives for merchandising, marketing, supply chain and store operations. We believe the outlook for strong sales to continue is good, which in turn will lead to stronger financial performance in the future."
 
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Costco reports September sales results

BY David Salazar

ISSAQUAH, Wash. — Costco on Wednesday reported its September sales figures, which saw the company’s American stores showing positive growth as its Canadian and international store comparable sales dropped, resulting in no net change in net sales over the same time last year.

Net sales for the five weeks ended Oct. 4 hit $10.75 billion, an increase of 2% over the same period last year, which saw sales of $10.57 billion. The company reported a 3% increase in U.S. comps, as well as a 10% drop in Canadian comps and a 6% drop in international comps. Gas price deflation and foreign exchange seem to be having the biggest impact on international operations, given that excluding these factors, Canadian comps rose 10% and international comps rose 8%. 

The company said that it planned to open 12 new warehouses, which includes one relocation, by the end of 2015. 

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