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Sales & Marketing

  • Chico's CEO Dyer to step down

    Chico's CEO David Dyer, who laid "the foundation for global expansion," will retire next spring, the company announced.

  • Ann Inc. beats Street with profit, but sales fall short

    New York – Ann Inc. beat Wall Street expectations with strong profit growth in the first quarter of fiscal 2015, but revenue growth fell short of the Street’s outlook. 
      The company, which  is being acquire by Ascena Retail Group for $2.2 billion, reported that its net income more than doubled to $13.6 million from $5.2 million the same quarter a year earlier, driven by lower restructuring charges and selling, general and administrative (SG&A) expenses that more than offset a softer gross margin.
  • Fresh Market beats Street on profit, misses sales; will open 19 stores

    Greensboro, N.C. – It was a mixed first quarter for The Fresh Market Inc. as the grocery retailer met Wall Street expectations for profit but fell short on sales. Net income totaled $15.17 million, down 8% from $16.57 million.

    Higher operating expenses drove the reduction in net income. Sales increased 7% to $462.04 million from $431 million. Same-store sales dropped 0.1%.

  • Hibbett Sports strikes out in Q1

    Hibbett Sports says harsh winter weather, tax refund delays and the West Coast port dispute all contributed to the company posting an unanticipated decline in same store sales for the first quarter.

    Jeff Rosenthal, president and CEO, said: “We experienced early headwinds in the quarter, with February posting a negative high-single-digit comp due to impacts from weather-related closures, port delays and a shift in the timing of tax refunds.”

  • Build-A-Bear targets shoppers who are mad for 'Minions'

    Build-A-Bear Workshop is aiming to leverage the popularity of "Minions" with a new, interactive and customizable plush toy collection.

  • Staples aims at Amazon with innovative, efficient, data-driven IT

    Framingham, Mass. – Staples Inc. sees Amazon.com as its biggest competitor, and is not shying away from the competition. During a panel discussion at the MIT Sloan CIO Symposium held May 20 in Cambridge, Massachusetts, Staples CIO Tom Conophy explained his company’s intentions in its rivalry with the e-commerce giant.

    “We’re going after Amazon in a big way,” declared Conophy. “We were an original disruptor in retail but lost our way. We didn’t see the onslaught of Amazon coming.”

  • Fresh Market still growing, but how much?

    The Fresh Market says its planned exit from California led to higher costs and lower profit in the first quarter, but analysts say the company may be in trouble.

  • LivingSocial names Sears, Walgreens veteran as CFO

    Washington, D.C. – Online marketplace LivingSocial appointed Atul Kavthekar as CFO. He will join the company in June, and will report to president and CEO Gautam Thakar.
     
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