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Sales & Marketing

  • Conn’s swings to Q3 profit

    The Woodlands, Texas -- Conn's returned to a profit in its third quarter as the chain booked fewer charges and sales of furniture and mattresses improved. The company raised its fiscal 2013 forecast.

    Conn’s, which also sells home appliances, consumer electronics and other items, posted a better-than-expected net income of $11.8 million for the three months ended Oct. 31, compared with a net loss of $12.7 million in the year-ago period. 

    Revenue increased 11% to $206.4 million from $186.6 million. Same-store sales rose 12.6%.

  • Why Consumer Reports Is Wrong About Extended Warranties

    By Joe Erdeman

  • JoS. A. Bank opens 600th store; plans to grow to 800 stores

    Hampstead, Md. -- JoS. A. Bank Clothiers announced the opening of its 600th store, in the Shops at Midtown Miami on North Miami Avenue in Miami. The company said it expects to open another 200 stores in the future as part of its long-term plan to grow the chain to approximately 800 stores, including 700 full-line stores and 100 factory stores in the United States.

  • Wealthy shoppers prefer Amazon, really?

    It’s common to see BMWs, Mercedes and other luxury makes in Walmart parking lots, but a new study reported on by Ad Age reveals wealthier shoppers prefer Amazon.com

  • Genesco Q3 profit jumps 56%; raises 2013 outlook

    Nashville, Tenn. -- Genesco Inc. said Friday its third-quarter profit increased to $41 million, from $26.2 million in the year-ago period, better than Wall Street expected. The company also raised its fiscal 2013 outlook, even as it warned that November was off to a slow start.

  • Perfect storm dents Party City’s performance

    The modest sales decline Party City reported for the five week period ended November wasn’t all that bad considering the unfavorable circumstances the company faced.

    Sales declined 1.4% to $358 million and same store sale declined 0.6% at permanent stores and 11.9% at temporary locations, the company said.

  • Facebook adds a gift store

    New York -- Facebook has added a new service, called Gifts, which allows Facebook users in the United States to buy gifts for their friends on the social media platform. The new feature, rolled out just in time for the holiday shopping season, has the potential to give Facebook an ongoing supply of valuable personal information.

  • West coast flagship marks Walgreens 8,000th unit

    The iconic Los Angeles intersection of Sunset and Vine is the location of a new flagship store Walgreens has designated as its 8,000th unit.

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