date:Jul 11, 2013
sumable comps improved by 9% in the quarter but were matched with a 9% decline in non-consumable categories. Heinbockel in a written report said he expected the company see improved results in the fourth quarter as consumer spending increases with warmer weather and the company cycles the margin impacts felt as it rolled out tobacco to stores a year ago.
This year is proving to be more challenging than we had originally planned, Levine said. While we continue to invest for the long-term, we hav