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Finance & Capital Management

  • Breach knocks back profit at Sally Beauty

    Sally Beauty Holdings is feeling the impact of its data breach.

    Costs related to a data breach discovered in May, as well as higher selling, general and administrative expenses, helped reduce profit at Sally Beauty during the third quarter of fiscal 2015. Net earnings fell 8% to $62.46 million, from $67.76 million the same period a year earlier.

    Net sales rose 2% to $967.89 million, from $949.27 million. Same-store sales increased 2% in the Sally Beauty Supply division and 5.6% in the Beauty Systems division.

  • Former American Airlines CEO joins Home Depot board

    Atlanta - Gerard J. Arpey, former CEO of American Airlines, has been named to the board of directors of The Home Depot Inc. Arpey will serve on the company's Finance Committee and its Nominating and Corporate Governance Committee.

  • In battle of the bags, Kate Spade wins -- for now

    Luxury handbags seem to be as common these days as smartphones, and therein lies the problem for rival brands Coach, Michael Kors and Kate Spade, who all reported quarterly results this week.

    As these three luxury heavyweights battle it out against brand saturation and bored shoppers midway through the year, it seems as though only Kate Spade has all the right moves.

  • L Brands on a roll

    Columbus, Ohio - L Brands Inc. continues its winning ways.

  • Aldi on hiring binge

    Batavia, Ill. – Aldi wants you – if you are someone looking for a store-level retail job.

    The rapidly growing discount supermarket retailer will host hiring events throughout the U.S. during the month of August for more than 2,500 positions.

  • Changes at Petco as company names new president

    San Diego -- Petco on Thursday today announced several key changes to its leadership team.

    In addition to adding chairman responsibilities to CEO Jim Myers' role, the company named Brad Weston as president.

    Previously, Weston served as executive VP, chief merchandising officer and president of the company’s Unleashed by Petco unit. The retail veteran joined Petco in October 2011 and led the evolution of the Unleashed by Petco format.

  • Fred's benefits from pharmacy expansion strategy

    The CEO of Fred's says its stellar sales for July reflect the success of the company's expanded pharmacy business.
  • Build-A-Bear builds a better financial quarter

    Build-A-Bear's recent push to reinvigorate its fading brand seems to be working as the retailer reported a big increase in same store sales in the second quarter. 

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