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Brookstone hires former HD exec as president and CEO
Specialty retailer Brookstone has hired Stephen Bebis as its new president and CEO, effective immediately.
Prior to joining Brookstone, Bebis spent 14 years as founder, president and CEO of Golf Town, the largest specialty golf retailer in Canada. Starting the business from scratch, Bebis grew Golf Town to 57 locations across Canada and led the expansion of the company into the Boston market last year with seven stores.
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American Eagle profit up
New York -- American Eagle Outfitters earned a better-than-expected $39.7 million for the quarter ended April 28, compared with $28.3 million in the same period last year.
The company had said earlier first-quarter sales rose 18% to $719 million. Same-store sales were up 17%.