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Finance & Capital Management

  • Starbucks chief not following in footsteps of Donald Trump

    New York -- Starbucks founder and CEO Howard Schultz says he is not running for President, but that doesn’t mean he is satisfied with the state of politics in American.

  • Build-A-Bear Workshop cuts loss

    St. Louis -- Build-A-Bear Workshop retains its come-back momentum.

    By limiting growth of costs and expenses and improving sales, Build-A-Bear Workshop reduced its net loss to better-than-expected $628,000 in the second quarter of fiscal 2015 from $4.3 million the same period a year earlier.

  • 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.

  • Breach hits Sally Beauty Q3 profit; will close 16 German stores

    Denton, Texas – Sally Beauty Holdings is feeling the impact of its data breach.

    Costs related to a data breach discovered in May 2015, as well as higher selling, general and administrative (SG&A) 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.

  • Mixed results for HSN

    St. Petersburg, Fla. – HSN Inc. had a mixed second quarter, meeting Wall Street profit projections but falling short of sales estimates.

    HSN’s net income totaled $41.6 million, up 2% from $40.9 million the same period the prior year.

    Net sales grew 4% to $885.6 million from $855.2 million, including an 11% increase in digital sales.

  • L Brands on a roll

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

  • Dropped products affect Conn’s Q2

    The Woodlands, Texas – The decision to stop selling video game products, digital cameras, and certain tablets affected same-store sales at Conn’s Inc. during the second quarter and July fiscal 2016. However, Conn’s still reported total preliminary net retail sales of $325 million during the quarter, up 13% from the prior year period.

  • Stein Mart sales sail in Q2, July

    Jacksonville, Fla. – Stein Mart Inc. reported rising total sales in both the second quarter and July 2015. Total sales for the quarter rose 4% to $311.6 million, from $298.1 million.

  • 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.

  • Two grocery-anchored shopping centers acquired

    Cincinnati -- Phillips Edison Grocery Center REIT II, Inc. announced it has acquired Plano Market Street in Plano, Texas, and The West Acres Shopping Center in Fresno, California, for a collective $57.1 million, totaling more than 253,038 sq. ft.

    Plano Market Street is a 169,624 sq. ft. grocery store-anchored shopping center in Plano, Texas, just outside Dallas. The center is 94.2% leased, anchored by Market Street and retailers World of Beer, Tony & Guy, and the Little Gym.

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