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Strategy

  • Weis Markets sales jump on in-store efforts

    Weis Markets says its customer experience strategy is paying off, as the grocery chain credited the effort with its increase in same store sales in the first quarter.
  • Former PetSmart CEO joins board of home décor chain At Home

    Garden Ridge, Texas -- Décor superstore retailer At Home said that Former PetSmart CEO and chairman Phil Francis has been selected as an independent member of the board of directors of décor superstore retailer At Home. The retailer has been acquiring senior leadership talent with public company experience which has some industry experts suggesting a stock offering could be in the company’s future.

  • Hibbett Sports opens 1,000th store, in Texas

    New York -- Hibbett Sports’ expansion plan hit an important milestone in Sealey, Texas this month, with the opening of its 1,000th store location.

  • Ex-PetSmart CEO is At Home on new board

    The At Home chain of home décor superstores continues to acquire senior leadership talent with public company experience which suggest a public stock offering could be in the company’s future.

    The most recent addition involves the appointment of former PetSmart CEO and Chairman Phil Francis. who has selected as an independent member of the At Home board of directors.

  • Hibbett Sports hits a home run in Texas

    Hibbett Sports’s expansion plan hit an important milestone in Texas this month.

    The retailer announced the opening of its 1,000th store in Sealy, Texas, at 2290 Highway 36 South in Brazos Village.

  • Report: Costco sues Johnson & Johnson, Utah

    Issaquah, Wash. – Costco Wholesale Corp. is reportedly off to a litigious start in the first half of 2015. According to the Wall Street Journal, Costco is suing Johnson & Johnson’s Vision Care division for allegedly fixing prices on contact lenses.

  • Potbelly promotes executive to VP of operations

    Chicago - Potbelly Corp. has promoted Julie Younglove-Webb as its new senior VP of operations. Younglove-Webb will oversee all aspects of company operations.

    Younglove-Webb joined the Potbelly 2008, as a general manager and then a district manager before assuming various operations roles and being promoted to her latest role as Central Zone VP, overseeing 250 shops. She replaces John Morlock, who will now serve as senior VP of ops growth.

  • Gymboree shrinks net loss in Q4; will close 30-40 stores

    San Francisco – The Gymboree Corp. shrank its net loss in the fourth quarter of fiscal 2014 to $7.4 million, from $167.2 million in the same quarter a year earlier. The elimination of a non-recurring $157.2 million non-cash impairment charge in the fourth quarter of fiscal 2013 contributed to the reduction in net loss.

    Net sales rose 7% to $375.6 million, from $351 million. Same-store sales rose 5%. In fiscal 2015, Gymboree plans to close 30-40 stores and open about 12 stores.

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