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Ross Stores names veteran merchant as merchandising president
Leading off-price apparel retailer Ross Stores has named long time merchant Bernie Brautigan to the role of president of merchandising.
Brautigan previously served as Ross Stores’ group executive vice president of merchandising since 2014. He will continue to report to Ross CEO Barbara Rentler in his new role and be responsible for the ladies apparel businesses, children's, shoes, and accessories.
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Profit rises 14% at Children's Place in Q4
The Children's Place posted strong same-store sales for the fourth quarter as the children’s clothes retailer also released an upbeat forecast for the year.
For the fourth quarter ended Jan. 30, net sales increased 4% to $498.5 million. Same store sales increased 6.7%. Net income was $17.5 million, or 87 cents per diluted share, in the fourth quarter of 2015, compared to net income of $17 million, or 79 cents per diluted share, the previous year.

