Helen of Troy on Monday announced that it has completed its acquisition of humidifier manufacturer Kaz. Sales for the next 12 months, ending Dec. 31, 2011, are expected to exceed $400 million, the company announced.
In a resounding declaration that its massive revitalization efforts have been the right strategy at the right time, Walgreens on Wednesday reported its net earnings jumped to a record $580 million in first quarter fiscal 2011, rising nearly 19% over prior-year levels. Sales for the period ended Nov. 30 also rose 6% to $17.3 billion, another record for the nation’s top drug retailer.
Boosted by a very weak comparison period, ShopperTrak’s National Retail Sales Estimate reported that total GAFO retail sales for the last Saturday before Christmas (Dec. 18), or "Super Saturday," increased a sharp 15.1%, compared with last year.