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RadioShack opens Penn Station pop-up
Fort Worth, Texas -- RadioShack has opened its newest Manhattan location as a pop-up concept store at Penn Station. The limited-time-only location is the third RadioShack pop-up store to open in Manhattan.
In addition, RadioShack has opened a total of eight concept stores in the Manhattan area. The newest pop-up opened five days after construction began.
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Pier 1 boosts net income, sales
Fort Worth, Texas – Pier 1 Imports boosted net income and sales during the third quarter of fiscal 2014 compared to the same period in the prior year, partially aided by strong Thanksgiving weekend performance. Net income totaled $26.8 million, up 13% from $23.7 million.
Total sales for the third quarter were $465.5 million, a 9.6% increase from $424.5 million in the year-ago quarter.
Same-store sales rose 6.9%, primarily attributable to increases in conversion rate and higher average ticket.