-
Report: Wal-Mart set to start building first Express stores next week
New York — Walmart will next week start building its first smaller-format Express stores, according to building permits obtained by Bloomberg News.
The chain will begin construction March 16 on a 14,400-sq.-ft. store in Gentry, Ark., which is about 20 miles from the company’s Bentonville headquarters, according to the permits.
-
Stage Store Q4 earnings up on improved sales
Houston -- Stage Stores' fiscal fourth-quarter profit rose 15% on increased sales. The department store operator said its board approved a new buyback of up to $200 million of its outstanding shares.
The department store operator reported net income of $32 million for the period ended Jan. 29, up from $27.9 million a year earlier.
Revenue rose 5% to $453.7 million, from $431.7 million. Analysts expected $453.5 million in revenue.