US grocery retailer Big Lots has reported that retail sales for its third quarter ended October 29 increased 6% to $1.1 billion compared to $1 billion in the prior year period. Comparable store sales for outlets open at least two years rose 1.7%. For the nine-month period, also ended October 29, retail sales from US operations climbed 2.3% to $3.5 billion compared to $3.4 billion for the same time in 2010. Comparable store sales dropped 1.3% for the year-to-date period.
November 07, 2011
BIG LOTS Q3 RETAIL SALES UP 6%
US grocery retailer Big Lots has reported that retail sales for its third quarter ended October 29 increased 6% to $1.1 billion compared to $1 billion in the prior year period. Comparable store sales for outlets open at least two years rose 1.7%. For the nine-month period, also ended October 29, retail sales from US operations climbed 2.3% to $3.5 billion compared to $3.4 billion for the same time in 2010. Comparable store sales dropped 1.3% for the year-to-date period.
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