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  • Express overcomes cool weather in Q1

    COLUMBUS, Ohio — Express overcame the spring chill and a difficult retail environment, reporting net sales of $508 million for the first quarter ended May 4, a 3% increase from $496 million in the first quarter of 2012.

    Comparable sales were flat following a 4% comparable sales increase in last year's first quarter. This includes e-commerce sales, which increased 48% to $71 million. In last year's first quarter, e-commerce sales grew 28% to $48 million.

  • Golfsmith tees up in Myrtle Beach

    MYRTLE BEACH, S.C. — Golfsmith International is teeing up for the opening of its first Xtreme golf store in Myrtle Beach, S.C. The 35,000-sq.-ft. space has been designed to encourage customers to try out products in an interactive hi-tech environment before they buy.

  • CEO of SES Spar European named ICSC divisional VP, Europe

    LONDON — The International Council of Shopping Centers’ executive committee has elected Marcus Wild, CEO of SES Spar European Shopping Centers, as divisional VP for the association’s European division. 

  • Alco HR exec promoted to SVP, HR, store operations

    ABILENE, Kan. — Broad-line retailer Alco Stores has promoted Ricardo Clemente to SVP of human resources, store operations and loss prevention.

    Clemente, who graduated from New Mexico State University with a bachelor of science degree in biology and business management, has more than 20 years of retail experience. He joined Alco Stores in 2011 as a district manager. Since then he has held increasingly responsible positions, serving most recently as VP of stores and human resources.

  • Nickelodeon opens in-store shop at Toys ‘R’ Us in Times Square

    New York -- Nickelodeon has opened a 'Nick Shop' on the first level of the Toys "R" Us flagship in New York City’s Times Square.

  • Michael Kors Q4 profit doubles; sales jump 57%

    New York -- Michael Kors Holdings Ltd. reported better-than-expected net income of $101.1 million, compared with a year-earlier profit of $43.6 million, on strong demand for its products around the globe.

    Retail net sales increased 58.8% to $272.7 million driven by a 36.7% increase in comparable store sales and 67 net new store openings since the end of the fourth quarter of fiscal 2012.

    Wholesale net sales increased 59.4% to $304.7 million and licensing revenue increased 15.7% to $19.8 million.

  • Loft to open four stores in Canada

    Toronto -- Loft, a division of Ann Inc., is expanding in Canada, with four new stores by the end of fall 2013.

    Loft entered Canada last November, at Yorkdale Shopping Centre in Toronto. The chain will open a store in Toronto Eaton Centrer, Toronto, in late May, followed by additional units at Lime Ridge Mall in Hamilton in July, Markville Shopping Centre in Markham in August and Square One Shopping Centre in Mississauga in October.

  • Sbarro plans 20 locations in Ontario, Canada

    Melville, N.Y. -- Sbarro is expanding its international growth with plans to open 20 eateries in Ontario, Canada. This announcement is the latest in a series of franchise agreements that have recently expanded Sbarro's presence across Europe, the Middle East, South America, Asia and the Pacific.

  • The Fresh Market has tasty quarter

    Greensboro, N.C. -- The Fresh Market Inc. grew net income, same-store sales and net sales during first quarter 2013. Net income rose 14% to $22.1 million, from $19.3 million in the prior year.

    Net sales jumped 13% to $366.6 million.

  • Macy’s hires more than 1K college kids

    Cincinnati – As part of its annual Executive Development Program (EDP) and summer internship program, Macy’s Inc. has hired more than 1,000 college students this spring. Hires include 695 recent college graduates for full-time EDP positions, which serve as entry-level executive training positions.

    In addition, 325 current college students have been hired for a variety of internships with Macy’s and Bloomingdale’s.

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