(Reuters) - Metro Inc , Canada's third-largest grocer, reported a 72 percent increase in quarterly earnings on Wednesday, helped by an extra week in the quarter and a recent acquisition.
Sales and profit margin were boosted by the grocer's buy of a 55 percent stake in Mediterranean food seller Marche Adonis and its distributor Phoenicia Products in October 2011.
Metro said it expects the competitive environment to remain strong in 2013. Canadian grocers face rising competition as Wal-Mart Stores Inc expands in Canada. Wal-Mart's Canadian unit said in February that it would remodel or open 73 stores by the end of 2012, its most ambitious expansion ever.
The Wal-Mart unit was slated to open 28 new stores in October alone, and it has been converting many existing locations to "supercenters" that feature a wider array of grocery items.
Metro said sales at established stores, a key measure for retailers, rose 1.1 percent in its fiscal fourth quarter ended September 29, and gross profit margin rose to 18.5 percent from 17.7 percent a year earlier.
Metro, which also competes with Loblaw Cos Ltd and Empire Co Ltd's Sobeys, said net earnings rose to C$145.1 million, or C$1.46 a share, from C$84.4 million, or 83 Canadian cents a share, a year earlier.
Excluding closure costs and other items, adjusted earnings increased 24.8 percent to C$123.4 million, or C$1.24 a share.
Sales climbed 11.1 percent to C$2.94 billion. Excluding the extra week in the latest quarter, sales rose 2.5 percent.
Analysts, on average, had been expecting earnings of C$1.18 a share on revenue of C$2.88 billion, according to Thomson Reuters I/B/E/S. (Reporting by Allison Martell; Editing by Lisa Von Ahn and John Wallace)
Source: http://news.yahoo.com/metro-profit-jumps-boosted-longer-quarter-acquisition-122226993--finance.html
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When you next shop for that perfect pair of jeans, know that retailers may be harnessing facial recognition technology to determine your age, gender and how regularly you shop at their stores. The data collected will help retailers fine tune their marketing pitches and in-store displays.
Such a service is already being rolled in out Japan via NEC. It runs via the company?s cloud computing technology, which means all a retailer needs is a web-connected computer, a video camera and about $880 a month to pay for it, according to video news website Diginfo TV.?
While facial recognition technology is hardly new, the service highlights the transition of the technology from the land of high security and casinos to the shopping mall ? and is one more data point showing that all anyone needs is your picture to know everything about you.?
?? via Diginfo TV?
John Roach is a contributing writer for NBC News Digital. To learn more about him, check out his website. For more of our Future of Technology series, watch the featured video below.
Source: http://www.nbcnews.com/technology/futureoftech/facial-recognition-tech-watches-you-shop-1C7009956
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MOUNT OLIVE, N.J. (AP) ? The Christmas tree that will dominate New York's Rockefeller Center survived the winds of Superstorm Sandy that left a path of destruction in a New Jersey town and even its donor without electricity for weeks.
Joe Balku, 76, learned that the 80-foot Norway spruce had been chosen for the honor four weeks ago. Sandy hit two weeks later.
Balku watched the tree, which weighs 10 tons and is 50 feet in diameter, as it swayed in the backyard.
"I kept going outside during the night. I lost two trees, an oak and an evergreen, but the big tree was tied up for its protection," Balku said.
His electricity went out, but on the morning after the storm, the tree was still standing and his home did not sustain any damage.
The tree was about 22-feet tall when Balku purchased the home in 1973.
Balku had two generators running to power his home in the rural community about an hour from Manhattan. He didn't have cable TV or Internet service.
Electricity was restored on Saturday.
The tree will be loaded on a 115-foot-long flatbed truck and erected at Rockefeller Center on Wednesday. Workers will then string 45,000 lights on the branches.
"It's a thrill of a lifetime to have the chance to donate the tree to Rockefeller Center and for millions of people to see it all over the world," he said.
The 80th Christmas tree lighting will take place on Nov. 28.
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Source: http://voooz.com/2012/11/14/find-ideas-to-create-a-strong-internet-marketing-plan/
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There are rare occasions when I?m stuffing my gob with food that I don?t have to write about. When I?m not dissecting dishes like an adolescent with a dead frog in a science lab, I have simple tastes.
I am, however, living in the wrong country for the type of cuisine I crave.
Chilli, jambalaya, burgers, pulled pork, mac and cheese and chicken wings all rank up there in my list of food I most like to eat. Sure, I like the finer things in life too? I?ve even eaten a frog?s leg or two in my time. But unless you?re my dry cleaner, there?s nothing better than kicking back with a cold beer and a messy chilli dog.
It?s a range of food that is done in bits and parts by some restaurants in Belfast, few doing it well, and that?s before mentioning the chain-style restaurants that do it so horribly.
A place claiming to do the kind of food I love opened in the city centre recently and I?ve been itching to get down to Alley Cat. Based in Church Lane, from the outside it?s unassuming, but once inside it?s got a vibrancy about it that does a good job of balancing the fine line between trying too hard and looking like you don?t care. Large murals keep the walls interesting and a great looking bar takes pride of place.
My only problem on sitting down was that the whole menu falls into my ?I?d order that? category, so it was difficult to narrow it down. We had both kids in tow, and after ordering a burger for one and a hot dog for the other, we started off with some Mac ?n? Cheese and chicken wings for us. I was pacing myself, knowing that later on Mrs F would be offering me half her burger and relishing the thought.
The staff were, on the whole, a friendly bunch, bringing crayons instantly to keep the young ones happy. Retro is a word that must have been bandied about when Alley Cat was first born. Sometimes that?s bad, but it works well here. The food came out on a mixture of funky bowls and plastic baskets all set atop of the kind of metal trays, you?d expect to see at dinnertime in a Deep South prison.
The wings, covered with perfectly balanced honey soya sauce had a great crunch to them. I?d go so far as to say they were the best I?ve had in the city in quite some time. I?ll be back to try the hot sauce and barbecue versions. They were only let down by a trite blue cheese sauce that had all the personality of a gaggle of I?m a Celebrity contestants.
I had only mustered a forkful of Mac ?n? Cheese when a small hand grabbed the bowl, discarding her burger, and digging in. The pasta shapes were big, not the traditional macaroni, and the dish was pretty good. It just lacked a bit of a cheese punch, but we finished it off all the same.
After the Pig Out burger was ordered I was delighted to hear our waiter ask how Mrs F would like it cooked. It?s a rarity in Belfast and something more should be doing. My ?Hawt Dawg? was in fact two dogs, covered in cheese, mustard and onions, and boy it hit the spot.
The burger ? a concoction that included BBQ pulled pork, southern style slaw and onion rings, was a triumph of comfort food. The slightly pink and moist burger had a great intense taste, though it was drowned out a little by the overpowering taste of BBQ from the pork.
The kids? meals came with corn on the cob on a stick. Try saying that after a few beers. Both burger and hot dog were good and the chips were crunchy and thin, but the corn was troubling. It wasn?t crunchy, nor soft. It was a weird, near indescribable texture that is probably akin to taking a bite out of Mr Blobby?s colourful belly.
Having swayed Mrs F towards a burger that included some pulled pork, we decided to accompany it with chilli fries in my attempt to taste as many elements as I could. It?s a dish I order every time I can and always feel let down by it, for no other reason than the fries lose their crunchy texture and start to feel like you?re eating limp nothingness. It?s an inherent problem with the dish itself rather than the cooking at Alley Cat, though I?ll continue my quest in the hope that some day I?ll find the answer.
On top of the fries was a reasonably okay chilli, nothing spectacular. Though in fairness I?ve spent the past 15 years searching for the best chilli, so far unsuccessfully.
We finished with a delightful crack pie with a chewy toffee filling and a crunchy biscuit crust. The sundae was less triumphant ? the toffee popcorn ice-cream had great flavour but was watery and the accompanying mix of the kind of cherries that remind me of school dinners with popcorn did little to leave me excited.
The bill, which was very reasonable at ?50, arrived to much hurrah (I know, not the normal state of affairs) at our table in a cartoon-inspired box filled with sweets.
Whoever came up with the rock-inspired playlist deserves a pat on the back? it fits in perfectly with the laid-back and casual vibe.
Is it the finished article? No, but there?s so much to like about Alley Cat, and plenty of reasons to want to return. It?s nice to see a decent casual restaurant serving such good food up.
I can?t wait to get back down and eat some more of my favourite things.
Alley?Cat
46?Church?Lane
Tel: (028) 9023 3282 (No reservations)
Web: alleycatbelfast.com
John Ferris has worked in the newspaper industry since 1998 and has been a food blogger and newsprint restaurant critic since 2006, writing more than 1,000 food and drink articles ? reviewing hundreds of local restaurants as well as some of the world?s best. John Ferris writes restaurant reviews for the Belfast Media Group and is also a regular contributor on the Carolyn Stewart Lunchtime Bistro show on U105 as well as writing chef profiles for Hospitality Review NI.
Source: http://foodbelfast.com/2012/11/yall-gonna-like-whats-new-in-town/
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Source: http://news.yahoo.com/scandal-widens-probe-top-us-generals-emails-163451743--politics.html
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Funded by USAID, BlazeSports and the Jordan Paralympic Committee (JPC), hosted Disability Sport Education Courses in General Disability Sport, Athletics, Boccia, Wheelchair Basketball and Table Tennis. JPC Technical Director, Jasser Nuweiran remarked, ?It?s been 4 years since the JPC has hosted Paralympic trainings in Amman. We couldn?t be any happier with [our] new agreement with BlazeSports. This week we saw the interest in Paralympic sport rise and we were able to train over 100 students, coaches, and administrators.? BlazeSports would like to thank our partners at Scottish Disability Sports and the International Table Tennis Federation for their assistance with this project.
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With the first week of training completed, the training program in Jordan shifts its focus to football (soccer). Over 50 coaching education candidates are expected to attend the training series facilitated by BlazeSports and Cerebral Palsy International Sport and Recreation Association (CPISRA) at the Prince Ra?ad Bin Zeid Sports Complex and at the Jordan Football Association (JFA).
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