Macy's key revenue figure rises in AprilCINCINNATI — Macy's Inc.'s revenue at stores open at least a year edged up 1.1 percent in April, beating the decline analysts predicted and prompting the retailer to boost its guidance for the quarter.
Kroger CEO's pay falls 19 percent in 2009CINCINNATI — An Associated Press analysis shows Kroger Co. Chairman and CEO David B. Dillon's compensation fell nearly 19 percent in 2009 as the nation's largest grocery chain's growth slowed.
Shoppers hand product makers rising salesCINCINNATI — Big-brand consumer products companies are starting to win the battle for shoppers who traded down to store brands by cutting prices, rolling out both lower- and higher-priced new products, and pumping up promotions.
P&G 3Q profit dips despite sales jumpCINCINNATI — Consumer products giant Procter & Gamble Co. reported Thursday that its profit fell 1 percent in its third quarter, hurt by charges including from the U.S. health care overhaul. But sales jumped 7 percent as households around the globe responded to new products, price cuts and stepped-up advertising.
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