CALDOR REPORTS 9.4% SALES INCREASE FOR FEBRUARY 1995.NORWALK, Conn.--(BUSINESS WIRE)--March 2, 1995--The Caldor Corporation (NYSE NYSE See: New York Stock Exchange : CLD CLD Called CLD Cloud CLD Cleared CLD Chronic Lung Disease CLD Council for Learning Disabilities CLD Cooled CLD Chronic Liver Disease CLD Clear Direction Flag CLD Certified LabVIEW Developer CLD Causal Loop Diagram ) reported today that sales for the month of February 1995 rose to $159 million, an increase of 9.4% over sales of $145 million in February of 1994. Comparable store sales for the four week period increased 0.4%.
Comparable
Store Total
Feb. 25, Feb. 26, Percent Percent
($ in millions) 1995 1994 Change Change
Four weeks ended $159 $145 0.4% 9.4%
Trailing fifty-two
weeks ended $2,762 $2,432 2.2% 13.6%
The Caldor Corporation is the fourth largest discount department store chain in the U.S. with sales of $2.7 billion during the last 12 months from 163 stores in ten East Coast states. With a strong consumer franchise in high-density urban/suburban markets, Caldor offers a diverse merchandise selection, including both softline and hardline products. The Company's continued growth will include an aggressive expansion program, a unique merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. strategy and the ability to provide a friendly shopping experience. CONTACT: Robert S Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. . Schauman David D. Peterson Report requests: Chief Financial Officer Investor Relations Investor relations The process by which the corporation communicates with its investors. (203) 849-2334 (203) 849-2004 (203) 849-2037 |
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