Soriana sees same-store sales up 7-8 pct in 2010
MONTERREY |
MONTERREY Feb 8 (Reuters) - The head of Soriana (SORIANAB.MX), Mexico's No. 2 retailer, said on Monday that rising consumption would push sales at stores open more than a year up by as much as 8 percent in 2010.
"Compared to 2009, consumption has improved a lot. We expect growth of 7 to 8 percent in same-store sales," said Soriana CEO Ricardo Martin. (Reporting by Gabriela Lopez; Editing by Lisa Von Ahn)
Foster's rebuffs $2.5 bln offer for wine
MELBOURNE (Reuters) - Foster's Group Ltd, Australia's largest brewer, has rejected a private equity offer worth up to $2.5 billion for its wine unit as too cheap and plans to continue with the split of its beer and wine businesses.
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