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Former Walmart exec named CEO of Dots
GLENWILLOW, Ohio — Fashion retailer Dots has named former Walmart SVP, Lisa Rhodes as its new CEO.
Rhodes, who led Walmart's U.S. apparel merchandising division, has been charged with leading Dots’ march toward 1,000 stores.
Prior to her role at Walmart, Rhodes was EVP and chief merchandising officer for Maurice’s.
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PetSmart profit soars 31% in Q2
Phoenix -- PetSmart reported Wednesday that net income for the second quarter surged 31% to $79 million, from $61 million in the year-ago period.
Sales advanced 9% to $1.6 billion, and same-store sales grew 7.0%.
“Our performance in the second quarter was due to strength across all three merchandising categories, as well as across services,” said Bob Moran, chairman and CEO.