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Rep. Briscoe argues solar use for better Utah air quality | fox13now.com
The total L Brands sales were $2.438 billion for the last five weeks of 2016, which was a 1% increase from the $2.415 billion reported in the last 5 weeks of 2015. The December comps fell 1%. By segment, VS comp sales were down to 4% in 2016. The 2015 exit from the swim apparel and lingerie business took $350 million out of sales and impacted the gross margins. Promotion events, inventory management and decline in beauty dampened the merchandise margin rate. On the other hand, Bath and Body Works reported a jump of 3% in comps from the previous year's 8%. This was from direct channel sales and high revenues from the semi-annual sale. LB expects to have a windfall from the oncoming Valentine's Day sales. The company reported a net income of $122 million in Q3 of 2016, compared to $164 million in Q3 of 2015.
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Be wary of pushy salesmen who make promises that seem too good to be true. Pushy salesmen are an unfortunate common occurrence within this line of business. Doing your own research can help to take some of the sales pressure off of you. If a salesperson is relying on pressure to close sales, he probably has a very low level of confidence in the quality of his product. Decisions made under pressure are rarely smart ones.