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There was improvement for a lot of the products that JDS makes, but aren't sure about overall industry demand because of the state of the technology supply chain, Sue said.
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"One area we believe there could be significant improvement is in the traceability of products, " he said.
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Our forecast for sustained growth is largely driven by expected economic improvement as well as the introduction of new products.
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Despite clear indications of declining demand for home improvement products, the company continued with this expansion policy, leading to a stark decline in margins over the period 2009-11.
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On Wednesday, March 24th, Secretary Duncan will meet with students and parents that stand to benefit from the American Opportunity Credit for college expenses at Northern Virginia Community College in Annandale, VA. Secretary Chu will visit Seaway Manufacturing Corporation, a manufacturer of energy efficient home improvement products that qualify for the Recovery Act tax credits, in Erie, PA on Friday, March 26th.
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Kingfisher, the European home improvement group, generated a tenth of retail sales from eco-products in 2011.
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Fettig targets a 500 basis point margin improvement with any newly-developed item, which he says should guarantee improving mix of products sold down the line.
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The organizational mindset shifts to one of relentless improvement, with an increased awareness of opportunities and possibilities for products and efficiencies.
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Same-store sales overall were up 2.5%, retail pharmacy leading the way with a 3% gain and front-of-store products up 1.4% to reflect a slight improvement in discretionary consumer spending in the July-September period.
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