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Corporate Governance

  • Strong dollar hits Bed Bath & Beyond

    A drop in same-store sales led Bed Bath & Beyond to report a 21% decline in profit for the third quarter.

    The retailer said same store sales in the third quarter ended Nov. 28 decreased by approximately 0.4%, compared with an increase of approximately 1.7% in last year's fiscal third quarter. Same-store sales from digital channels grew in excess of 25%.

    Bed Bath & Beyond reported a profit of $177.8 million, or $1.09 a share, compared with $225.4 million, or $1.23 a share, a year earlier. Revenue rose 0.3% to $2.95 billion.

  • Holiday scorecard: Winners, losers and those in between

    In what was arguably one of the strangest holiday season in recent memory – for a variety of reasons – retailers have reported a variety of results ranging from impressive to outright awful.

  • Santa was good to Toys'R'Us this holiday season

    Toys “R” Us produced surprisingly strong results, especially online, in what is proving to be a holiday season characterized by mixed results from retailers who have disclosed results.

  • A good Christmas for Five Below

    Five Below says its same-store sales rose 4.1% during the holiday season, prompting the company to boost its guidance for the fourth quarter.

    The company announced that net sales for the nine-week period ended Jan. 2 increased by 24% to $286.1 million from $230.7 million in the comparable nine-week period of fiscal 2014, while same-store sales for this period increased by 4.1% over the comparable period in fiscal 2014.

  • Growing portfolio and strategic successes Mark 2015 for Sembler

    St. Petersburg, Fla. -- The Sembler Company added 420,000 sq. ft. of new acquisitions to its portfolio in 2015, in addition to breaking ground on three new shopping centers and inking deals for three more – all while maintaining more than 95% portfolio occupancy.

  • Former Pier 1 exec to lead Sally Beauty

    Sally Beauty Holdings is turning to a 25-year retail veteran to help the company boost sales and drive growth.

    Sharon M. Leite has been appointed president of the Sally Beauty Supply LLC, U.S. and Canada business, effective Feb. 1.

  • How PGA Tour Superstore drove video and CCTV improvement

    Having a view into store activities can mean many things, but in a very literal sense being able to see what’s happening in the store is crucial for security and risk management.

    For Atlanta-based, 24-store specialty golf retailer PGA Tour Superstore, getting a better store-level view has meant starting to upgrade a legacy analog video management system (VMS) to a modern IP-based VMS.

  • Children’s Place pops on strong holiday sales

    Children’s Place did the most shareholder friendly thing possible just days after it announced a slate of other shareholder friendly measures.

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