Posted by Diane Capuano
Thanks to a slight improvement in some key economic factors, the final quarter of 2010 held a bit of good news for the independent retailer in the U.S.
The independent paint and decorating products retailer finished the year on a positive note. Overall store sales were up around 4 percent on average for the quarter, with the Western region topping out at 5.8 percent. The South had the smallest increase at 3.2 percent.
Paint and sundries came in with 1.2 percent and 2.5 percent increases respectively. While up slightly, wallcoverings were also below the store sales average. (more…)