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  • Zumiez profit dips in Q2; on track to open 50 stores in 2012

    Lynnwood, Wash. -- Zumiez Inc. reported Thursday that net income for the quarter ended July 28 slipped to $2.1 million, from $2.6 million in the year-ago period, largely due to costs associated with its acquisition of Blue Tomato.

    Revenue surged 20.4% to $135.1 million from $112.2 million, which includes contributions from Blue Tomato. Same-store sales increased 9.5%.

    The company said it is on track to open 50 new stores in fiscal 2012, including up to 10 stores in Canada.
     

  • Tough Economic Times Make for Strange Retail Partnerships

    By Kathy Gersch, [email protected]

  • Supervalu launches single-serve coffee product

    MINNEAPOLIS — Supervalu has launched a new, single-size version of its Java Delight brand of premium coffee.

  • Saks, Facebook, Express, Kate Spade New York execs named to Shop.org board

    Washington, D.C. -- Shop.org, the digital division of the National Retail Federation, on Tuesday announced the addition of new executives to its board of directors and welcomed back three incumbents.

  • New executives named at Save Mart

    MODESTO, Calif. — Save Mart Supermarkets has appointed a new chief human resources officer and chief legal officer, as well as a new CFO.

    In the newly-created role of CHRO/CLO at Save Mart, Eric Nadworny is responsible for leading the human resources, labor relations, risk management, compliance and legal functions for the Modesto, Calif.-based grocer. Nadworny has worked at such companies as Ross Stores, BJ's Wholesale Club and Shaw's Supermarkets.

  • Francesca's Q2 profit doubles; CEO to retire

    Houston -- Francesca's Holdings Corp. said Tuesday that net income for the quarter ended July 28 topped expectations by nearly doubling to $12.7 million, from $5.5 million in the same quarter last year. Sales leaped nearly 50% to $25.1 million, and same-store sales surged $20.7%.

    The company said it is on track to open 76 stores and one outlet this fiscal year, two of them in the third quarter.

  • Advance Auto parts names head of Mid-Atlantic store ops

    ROANOKE, Va. — Advance Auto Parts  has promoted Rusty Tweedy to area SVP, responsible for store operations in the Mid-Atlantic regions. Tweedy will report to Kurt Schumacher, SVP national field operations. Effective with this promotion, the company is adding a fourth operational area which will enable the company’s field and commercial sales leaders to be more aligned and focused on driving profitable growth.

  • Newell Rubbermaid names new CFO

    ATLANTA — Newell Rubbermaid has appointed Doug Martin as CFO, succeeding Juan Figuereo.

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