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Dots to close all stores; Gordon Bros. handling liquidation
New York -- After over 25 years in business, Dots, an Ohio-based women’s fashion discount retailer, is closing its doors. Store-closing sales will begin on Friday, March 1, with discounts on all merchandise, as well as store furniture, fixtures and equipment. Dots filed for Chapter 11 protection on January 20, 2014.
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Sprouts Farmers Market posts strong year; to open 22 to 24 stores
Phoenix – Same-store sales and strong performance at new stores helped drive impressive net come and revenue growth at Sprouts Farmers Markets Inc. during the fourth quarter and fiscal year 2014. On a year-over-year basis, net earnings more than doubled to $9.3 million from $5.9 million in the quarter and almost tripled to $51.3 million from $19.5 million.