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Rue21 profit up 21% in first quarter
Warrendale, Pa. -- Rue21 reported Thursday that profit for the quarter ended April 28 rose 20.6% to $11.6 million, from $9.6 million in the same quarter last year.
Net sales increased 18.9% to $205.6 million, from $172.9 million. Same-store sales for the quarter edged up 1.7%.
Bob Fisch, president and CEO said the company is staying its small- and mid-market growth course.
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Being Prepared for Turnover as More Retail Workers Say ‘I Quit’
By Rick Parker, [email protected]
“Is there a better job out there?”
This is a question that hourly employees within retail industry are asking themselves more frequently, often leading them to say “I quit,” to their current employer.
Consider trends from the government’s latest Job Openings and Labor Turnover survey (JOLTs):