First quarter sales increased 13% to $3 billion at Whole Foods and profits grew 18% to $305 million, prompting the company to increase its full year profit forecast and declare a two-for-one stock split.
The U.S. Senate approved the long-debated Internet sales tax proposal, known as the Marketplace Fairness Act, by a bipartisan vote of 69 to 27. The Obama administration has already endorsed the bill, but before it can become law it must be approved by the House.
The sun shined favorably this month on PriceSmart, which operates 31 warehouse clubs in 12 countries and one U.S. territory. For the month of April 2013 net sales increased 11% to $176 million from $159 million in April a year earlier.
Godiva has signed a new multiyear agreement with eBay company GSI Commerce, which will enable the global chocolatier to leverage GSI’s omni-channel commerce, multichannel retailing and digital marketing services.
Meijer and its customers helped to raise more than $500,000 for food pantries throughout the Midwest. Customers donated $184,230 during the retailer’s Simply Give Double Match Days. Meijer double matched all donations made from April 12-13, bringing the total donation amount to $552,690.
San Francisco attorney Dennis Herrera has launched a lawsuit against Monster Beverage Corporation for violating California law with its marketing of highly caffeinated energy drinks to children as young as six years old.