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Sears Holdings narrows losses in Q4, FY2012
HOFFMAN ESTATES, Ill. — Kmart's comps declined 3.7% for the fourth quarter and fiscal year 2012, while parent company Sears Holdings' integrated online business grew by 25% for the quarter and 17% for the year, Sears Holdings said Thursday.
Sears' U.S. stores, on the other hand, posted a 0.8% increase in comps for the fourth quarter and a 1.4% decrease for the year, while the company's Canadian stores saw comps decline by 3.8% for the quarter and 5.6% for the year.
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Ahold to roll out more Peapod pickup points in 2013
AMSTERDAM — Keeping stores open during Hurricane Sandy was one of the factors that contributed to an increase in total store sales and comps in the fourth quarter and fiscal year 2012 for Ahold USA, the supermarket operator's Dutch parent company said Thursday.
Ahold attributed its 4.3% increase in sales in the fourth quarter, to $6.1 billion, partially to the Hurricane Sandy effort. The quarter also saw comps increase by 2.4%, while full year sales were $25.8 billion, a 3.1% over 2011, as comps increased by 1.4%.