Etsy’s goal of “reimagining commerce,” is a long-term proposition, which explains why after the company lost money again in the fourth quarter it tempered the news with a rosy three year sales and profit forecast.
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Is Gap Inc. really back on track?
Gap Inc. says its fourth quarter results show the company's turnaround plan is working, but the retailer continues to post lackluster sales and earnings.
The parent company of Old Navy and Banana Republic says fourth-quarter profits were $214 million, or 53 cents per share, for the three-month period ended Jan. 30. That compares with $319 million or 75 cents per share, in the year-ago period. Revenue dropped nearly 7% in the quarter to $4.39 billion. Same-store sales declined 7%.
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GBT acquires land for new Sprouts Farmers Market location
Dallas -- GBT Realty Corp. announced it has acquired 2.3 acres of the 12-acre retail site at Eldorado and Teel Parkways in Frisco, Texas on Feb. 16 from CMTEX, Inc. for $1.1 million. Sprouts Farmers Market will build its second store in Frisco, Texas on the site. To date, GBT has developed four locations in two states for the healthy grocer that offers fresh, natural and organic foods at great prices.

