Tops reopens flood-damaged store in Owego, N.Y.
WILLIAMSVILLE, N.Y. — Tops Friendly Markets reopened a flood-damaged store in Owego, N.Y., on Sunday, the supermarket chain said.
Tops announced last week that it would open the store, which it had to close due to "significant" flood damage from Tropical Storm Lee, which caused severe flooding in the city.
"The work to be done to repair the store was substantial, but the decision to re-open the Owego store was an easy one," Tops president and CEO Frank Curci said. "We felt that it was important to get up and running as soon as possible so we could help our neighbors rebuild and regain what they lost."
Kimberly-Clark reports Q3
DALLAS — Kimberly-Clark set an all-time record high in net sales during its third quarter.
For the period ended Sept. 30, K-C said third-quarter net sales rose 8% to $5.4 billion. Diluted net income per share decreased, however, from $1.14 in third quarter 2010 to $1.09.
Third-quarter sales of K-C’s personal care segment rose 9% to $2.4 billion. For the North America market, sales dropped 1%. The company said overall sales volumes were even with the year-ago period, but noted growth in adult care, baby wipes and feminine care, thanks to growth from the introduction of Poise hourglass shape pads, as well as continued momentum of U by Kotex. Infant care volumes fell low-single digits and child care volumes fell at a double-digit rate, despite the introduction of Huggies Little Movers slip-on diapers.
K-C’s consumer tissue segment increased 4% to $1.7 billion, while North American sales dropped by 1%, due to lower sales in bathroom and facial tissues. By product category, bathroom tissue volumes fell double-digits and Kleenex facial tissue volumes were off high single-digits. Paper towel volumes, however, rose at a double-digit rate and benefited from improved distribution levels and promotion activity, K-C said.
"While we are not on track with all of our goals this year, I’m encouraged that execution of our Global Business Plan strategies enabled us to deliver 4% growth in organic sales and double-digit growth in adjusted earnings per share in the third quarter," K-C chairman and CEO Thomas Falk said. "Our focus on targeted growth initiatives, revenue realization and cost reduction allowed us to overcome significant input cost inflation and softer-than-expected demand in portions of the developed markets. Our market positions remain solid overall and our innovation and marketing programs are on track."
CPR introduces retail price report
MARIETTA, Ga. — A provider of competitive market intelligence and insights has introduced a report that is designed to provide manufacturers and retailers instant access to U.S. retail prices of more than 12,000 SKUs in the health, beauty and wellness industry.
Competitive Promotion Report said its retail price report, is designed to provide accurate, everyday retail prices without the expense and hassle of having field staff conduct surveys and compile the data. The files, which are updated monthly, offer retail prices across four channels, including mass, grocery, drug and independents, and also provides a range of retail prices within each of these channels (low, average and high), CPR said.
For more information, contact [email protected] or call 877-491-4949.