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Finance & Capital Management

  • eBay delivers strong revenues in Q3

    SAN JOSE, Calif. — Revenue at eBay rose 15% to $3.4 billion for the third quarter ended Sept. 20 from the the same period last year. The company reported third quarter net income on a GAAP basis of $597 million, or 45 cents per diluted share, and non-GAAP net income of $718 million, or 55 cents per diluted share. GAAP and non-GAAP net income were up 22% and 14%, respectively, year over year due primarily to strong top-line growth.

  • Second Time Around adding new locations

    NEW YORK -- Consignment chain Second Time Around (STA) announced it is opening three more stores in Manhattan this October, all on the city’s Upper East Side.   

    The new locations will bring the company to 36 stores nationwide, with the figure expected to grow to 40 by year end.

  • ChannelAdvisor, Kabbage partner to help online retailers

    RESEARCH TRIANGLE PARK, N.C. — ChannelAdvisor, a provider of cloud-based e-commerce solutions that enable retailers to increase global sales, has partnered with Kabbage Inc., an online provider of working capital for small businesses, to offer ChannelAdvisor customers direct access to a new source of funding in time for the 2012 holiday season.

  • Whole Foods to open in Harlem

    Austin, Texas -- Whole Foods Market has announced two new locations for Manhattan. The company said it plans to open a 39,000-sq.ft. store in the city’s Harlem neighborhood in 2015. The supermarket will be located in the middle of the area’s business district, on 125th Street and Lennox Avenue.

  • PepsiCo Europe CEO joins AutoZone board

    MEMPHIS, Tenn. — AutoZone has elected Enderson Guimaraes to its board of directors.

    Guimaraes is CEO of PepsiCo Europe, a role he assumed in September 2012, and is responsible for PepsiCo's food and beverage businesses in Continental Europe as well as the United Kingdom and sub-Sahara Africa. "

    Enderson's exceptional international operations experience will benefit AutoZone greatly. We are fortunate to have him as a new board member," said Bill Rhodes, chairman, president and CEO.

     

  • Hudson's Bay files prospectus for IPO

    New York -- Hudson's Bay Co. announced that it has filed a preliminary prospectus with securities regulators in Canada for a proposed initial public offering of common shares. The company, which has been owned by NRDC Equity Partners since 2008, operates U.S. department store chain Lord & Taylor, along with The Bay and Home Outfitters chains in Canada.

  • RedPrairie names CMO

    ATLANTA — RedPrairie, a global supply chain and retail technology provider, has named Gary Conway as EVP and chief marketing officer. In this role, Conway is responsible for RedPrairie’s global marketing strategy, including corporate brand management, customer engagement, product strategy and marketing, and demand generation. Conway will report to RedPrairie CEO Michael Mayoras and become a member of the company’s executive leadership team.  

  • Shoe Carnival CEO to step down

    Evansville, Ind. -- Shoe Carnival announced that Mark L. Lemond is retiring for health reasons from his positions as president, CEO and director effective Oct. 27.

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