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Finance & Capital Management

  • Bebe same store sales jump 8%

    Bebe stores CEO Jim Wiggett credited a compelling merchandise assortment with helping to drive the company’s success in the second quarter.

  • Fred’s Super Dollar sales up in January

    Memphis, Tenn. -- Fred's Super Dollar reported $138.8 million in sales, up 3%, for the four-week fiscal month of January ended Jan. 31, 2015. Comparable store sales for the month increased 4.3% versus a decrease of 1.8% for the same period last year.

  • RetailNext: January stores sales, traffic decline

    San Jose, Calif. – Consumers appear to have been feeling a seasonal hangover after what some analysts have called a relatively strong 2014 holiday season. According to the monthly Retail Performance Pulse for January 2015 from RetailNext, store sales and traffic both declined 7.7%

  • Lowe's builds a $2.3M fund for schools

    Lowe's is helping to fulfill the makeover wishes of 515 schools in 46 states with money for improvement projects.

  • Retail vet named COO of digital marketing innovator Delivery Agent

    San Francisco -- Delivery Agent, whose technology allows television viewers to engage with and buy directly from advertisements and television shows via web, mobile, and advanced television applications, has tapped board member James Peters as president and COO. Peters previously held key leadership roles at Office Depot, Staples and Ross Stores.

  • Aaron’s 2014 profit down 35% in 2014

    Atlanta -- Rent-to-own retailer Aaron’s saw its profit drop 35% in 2014 amid declining traffic and weak sales. The company, which operates some 2,100 stores, was also impacted by hurt by various charges related to restructuring and the acquisition of Progressive Leasing.

    Aaron’s reported net earnings of $78.2 million for 2014, compared to $120.7 million in 2013.

  • Luxottica veteran joins Coach board

    Coach Inc. has added a luxury retail veteran to its board of directors.

    “We are extremely pleased that Andrea Guerra has agreed to join our board,” said Victor Luis, CEO at Coach Inc. “As Coach continues its transformation into a modern luxury lifestyle brand, Andrea's extensive exposure to a wide variety of best-in-class brands and his broad retail and international experience will prove valuable to our team."

  • RadioShack files for Chapter 11

    It's official: The long-struggling RadioShack has filed for Chapter 11 bankruptcy protection. The 94-year-old retailer made its filing in  U.S.

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