Kmart's sales for October were on plan despite softer apparel sales due to unseasonably warm weather during the latter half of the month. Sales volumes for the third quarter were near expectations. Categories showing particular strength for the month included home appliances and electronics, do-it-yourself, home decor, cosmetics and fragrances, consumables, stationery and pharmaceuticals.
Quotes about consumables (9 Quotes)
As much as 85 percent of U. S. households go to Wal-Mart and we get 100 million visitors a week at the stores. Yet everyone who goes there buys consumables but not apparel or electronics, which are two huge categories, ... We want to complete the shopping experience for our loyal customers and as well as appeal to a different kind of customer.
The program is making every effort to ensure that the crew on orbit has all that they need to continually man the space station. Right now, there's absolutely no concern for any of their consumables on board.
The short-term impact is pretty clear and pretty obvious, and it's to be expected. Traffic really dropped off. The main effect of Sept. 11 was to exacerbate a trend that was already in place, and that is that consumers were really buying consumables and buying them in discount outlets. How quickly that will turn around Your guess is as good as mine.
September comparable sales were on plan, with strength in home appliances and electronics partially offsetting slow fall apparel results due to unseasonably warm weather. Other categories showing strong performance included home decor, outdoor sporting goods, jewelry, stationery, cosmetics and fragrances, cameras and accessories, consumables, seasonal items and pharmaceuticals.
Wal-Mart's much slower rate of sales growth in November clearly shows this is a matured global business, ... As supermarket goods continue to increase as a percentage of sales -- and this includes consumables and perishables sold in big volume at Sam's Club -- we will expect to see a persistently slower rate of top line growth.
Categories showing particular strength for the month included jewelry, home fashions, electronics, seasonal items, stationery, horticulture, cosmetics, consumables, books and photography.
Kmart's sales for November were slightly below plan due to continued warm weather, which slowed sales of seasonal apparel. Categories showing particular strength for the month included home appliances, seasonal goods, home decor, jewelry, consumables and pharmaceuticals.
Sales increases in our pharmacy, home fashions, health and beauty care, consumables and apparel areas, together with a substantial lift in gross margin rate, enabled Kmart to more than triple earnings per share in the quarter before the non-recurring charge.