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Mobile sales propel HSN in Q1
HSN’s push to make it easier for smartphone shoppers to buy its products online was successful in the first quarter, with the multichannel retailer reporting a big increase in mobile sales.
Digital sales at HSN grew 18%, with mobile sales increasing 31%. HSN earned $0.63 per share in the first quarter, exceeding analyst expectations of $0.58 per share. Similarly, revenue of $841.9 million was better than the $826.08 million analysts expected.
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Robert Redford’s Sundance Catalog to open two stores in 2015, five in 2016
Salt Lake City -- Sundance Catalog is gearing up for retail expansion, with plans to open two locations in 2015: one in Edina Galleria in Edina, Minnesota, in September, and a second store in Dallas’ NorthPark Center in November. Up to five additional stores are planned for 2016.
