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Bebe names Singh to board of directors
Brisbane, Calif. -- Veteran entrepreneur and executive Narry Singh has been named to the board of directors of Bebe Stores.
Singh, who holds more than 20 years of business experience with a focus on digital entertainment, new media, software and e-commerce, was most recently chief executive of mobile entertainment provider Outfit7.
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Retail sales beat expectations to edge up 0.1% in April
Washington, D.C. -- Total retail sales increased 0.1% in April from March, according to figures released Monday by the U.S. Commerce Department. The increase, an improvement from a 0.5% decline in March, beat the 0.3% drop economists had predicted in a Bloomberg survey.
Excluding automobiles, gas stations and restaurants, sales increased 0.6% seasonally adjusted from last month and increased 3.9% unadjusted year-over-year, according to the National Retail Federation.