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Jones Group swings to 1Q profit; lowers forecast
New York -- The Jones Group Inc. returned to a profit in the first quarter, but sales were hampered by unseasonably cool weather. The company said net income for the three months ended April 6, after paying preferred dividends, totaled $500,000. That compares with a loss of $1.2 million in the year-ago period.
Revenues for the first quarter of 2013 were almost $1.1 billion, up from $936 million for the same period last year. Jones Group CEO Wesley R. Card said that weather and other factors impacted the business both domestically and internationally.
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Dollar General to hire 10,000 employees in May
Goodlettsville, Tenn. -- To support its strong growth and fill current vacancies, Dollar General is planning to hire 10,000 employees in May for its store and distribution center locations. Career fairs to recruit candidates will be held throughout the month in the 40 states the company serves.