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NEWS
SUMMIT ROAD
DISTRIBUTING UPS: Recession Over
Serving the Wholesale Market for Over 30 Years
www.SummitRoadDistributing.com ACCORDING TO UPS, the bell- portfolio and global network. As
Cover Readers get 5% off their
wether of shipping, the recession a result, we anticipate that di-
entire order through March!
is over. According to UPS CEO, luted earnings per share should
Enter COVER5 at checkout for Scott Davis, “It looks like the re- be within a range of $2.70 to
your discount.
cession is fi nally over, and believe $3.05, an increase of 17 to 32
!IR&RESHENERSs!UTOMOTIVEs#ANDYs
it or not, that makes 21 reces- percent over 2009 results. We
#APSs#ONVENIENCE3TORE)TEMSs%NERGY
3HOTSs'ENERAL-ERCHANDISEs'LOVES
sions that UPS has successfully also expect cash generation to
7INTER7EARs(EALTH"EAUTYs,IGHTERSs
managed through.” “Economic remain strong in 2010, with cap-
,IQUIDATIONs-EDICINESs.OVELTIESs
3UNGLASSESs4OBACCO!CCESSORIES
forecasts indicate gradual im- ital expenditures totaling $1.8
provement as 2010 unfolds,” billion. This is well below our
Zippos Now
Available at
says Kurt Kuehn, UPS’s chief fi - historical range, but still sup-
Wholesale nancial offi cer. “The fi rst quarter ports growth opportunities.”
Prices!
will be the most challenging of
the year for UPS, with profi tabil-
ity only slightly better than last
year. For 2010, UPS will substan-
tially improve performance by
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leveraging our extensive product
with Energy Now
Combo Purchase
Cracco Jewelry
During the holiday shipping
season, global volume for UPS
exceeded 22 million packages in
eight days, including two days
on which it exceeded 24 million
packages. UPS experienced more
delivery volume than in 2008 on
each of the seven days before
Christmas. A well executed peak
season operating plan, and signif-
s&REE&REIGHT!VAILABLE

icant growth in online retail sales,
s.EW,IQUIDATION)TEMS
contributed to the stronger than
*UST!DDED
expected results for the quarter.
s.O-INIMUM/RDER

For the full year, the company
878777-4SR4SR--DIST
delivered 3.8 billion packages, an
Gold Filled Jewelry average of 15.1 million per day,
Visit us today at We are the Manufacturer
down from 15.5 million in 2008.
www.SummitRoadDistributing.com Exquisite Selection of
Revenue decreased 12 percent to
Summit Road Distributing
Jewelry at the Best Prices
$45.3 billion. ■
649 Americal Road, Henderson, NC 27537
Call: 305-576-1791
Ph: (877) 477-3478
&AX

s#ELL


%MAILCRACCO YAHOOCOM
Visit IndependentRetailer.com,
Fax: (252) 438-5479
www.craccojewelry.us
For Today’s Business News & Updates.
Email: info@summitroadpartners.com
.7RD!VE3UITEs-IAMI&,
20 March 2010 Visit Online at INDEPENDENTRETAILER.COM
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