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Publix posts third-quarter comp lift of 4.1%

BY Michael Johnsen

LAKELAND, Fla. — Publix on Friday posted sales for third quarter 2013 of $7 billion, representing a 5.6% increase. Comparable-store sales for third quarter 2013 increased 4.1%. 

Publix’s sales for the first nine months of 2013 were $21.6 billion, a 5.2% increase from last year’s $20.5 billion. Comparable-store sales for the first nine months of 2013 increased 3.4%. 

Effective Nov. 1, Publix’s stock price increased from $27.55 per share to $30 per share. Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors. 

"I’m very pleased we had another significant increase in our stock price, resulting in a 33% increase in our stock price over the last year," stated CEO Ed Crenshaw. "Our associates continue to deliver premier customer service, the key to our success."

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Target launches Canadian holiday shopping season

BY Alaric DeArment

MISSISSAUGA, Ontario — Target is extending its hours during the holiday shopping season at its Canadian stores, the mass merchandise retailer said Monday.

Target said most of its Canadian locations would offer extended hours from Nov. 29 to Dec. 30 as part of the "My Kind of Holiday" marketing campaign. The retailer will also extend its price-matching policy for the season; if customers purchase a qualifying item at Target between Nov. 1 and Dec. 24 and subsequently find it for less in a local competitors printed ad, Target will match the competitor’s price.

"Target is celebrating its first holiday season in Canada, and we are proud to offer guests a new and extended shopping experience in the Canadian market," Target SVP John Morioka said. "At Target, we want to inspire guests with our broad product assortment and help make shopping a little easier."

 

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Lindt launches revamped website

BY Ryan Chavis

STRATHAM, N.H. — Lindt & Sprungli USA has announced the launch of its redesigned website, Lindt.com. To usher in the holiday season and to celebrate the revamped website, the chocolatier is unveiling its holiday collection and will provide exclusive online offers to customers.

"At Lindt.com we’ve created a robust online platform, with a new look and enhanced user experience," Christine Bullen, VP direct to consumer and specialty channels at Lindt USA, said. "Coupled with our online holiday promotions, we’re looking forward to sharing our incomparable chocolates with families across the country this holiday season."

As part of the reenergized website’s more interactive format, customers will be able to refine selections based on their chocolate taste preferences and favorite recipes. They’ll even get a glimpse on the skill and dedication that goes into creating premium chocolate. In addition to these new features, the company has simplified the check-out process and streamlined the registration process for the Lindt Lovers Rewards Club.

Through Nov. 15. 2013, Lindt.com is offering free ground shipping on orders totaling $50 and greater. Some of the holiday favorites available on Lindt.com include the Lindt "Hello" 24 Surprises Advent Calendar; the Vintage Lindor Canister and the Vintage Lindor Box; and Lindor Holiday Gift Bags, among other selections.

 

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