Despite fresh worries about a new meltdown at the Fukushima Daiichi complex in Japan, the steam that set off this concern is merely a result of atmospheric conditions—and a reactor that is still hot from having melted down in 2011…
Black Friday shoppers walk inside the Glendale Galleria in Glendale, California November 29, 2013.
CREDIT: REUTERS/JONATHAN ALCORN
(Reuters) - Many U.S. retailers had to ramp up promotions last month as shoppers continued to watch their spending during the holiday season, hitting profits at several chains.
L Brands cut its earnings forecast for the holiday quarter on Thursday after reporting disappointing December sales at its Victoria Secret and La Senza chains. The company said it had to offer more deals than expected, the second month in a row it has had to do so.
Family Dollar Stores Inc and teen retailer Zumiez Inc, which both reported sales declines for December, also slashed their profit forecasts. Even retailers that saw big sales gains, like Kay Jewelers parent Signet Jewelers Ltd, were not spared.
"Additional discounting was necessary in a highly promotional retail environment," Signet …
IDAHO FALLS, IDAHO— Kingston Fresh has announced that its mango crop from Peru is off to good start and volume is expected to climb with arrivals starting in mid January.
Kingston Fresh’s President, Ken Nabal, commented, “Mango sales remain brisk coming out of the Holidays and movement has been steady. Although our initial volumes from Peru were little light, we augmented the program with Kent mangoes from Ecuador to fully meet customer demand. With Ecuador production now finished for the season, we are increasing our imports from Peru to provide consistent volume through early March.”
Nabal added, “Our customers get excited when Peru Kents enter the market and we are expecting another great selling season. The overall quality of the first arrivals is very good and the eating quality of the fruit has been outstanding.”
Kingston has been steadily building its imports division in recent years and is aggressively adding to its portfol…