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Specialty retailer strikes upbeat note
Party City topped earnings estimates for its second quarter and said it is on track to deliver its full year total revenue and earnings guidance. The party supplies retailer and wholesaler reported net income of $25.0 million in the quarter, compared to $22.5 million in the year-ago period. Earnings, adjusted for non-recurring costs, came to 28 cents per share, topping Wall Street expectations -
Discounter adds new hiring academy
Walmart is making good on its promise to open 200 learning centers by year’s end. The discounter is planning to open another employee training academy. The new location, which will be in Sioux Falls, South Dakota, is expected to open by end of 2017, according to the Argus Leader, a division of USA Today.

