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Cold weather chills Jos. Bank’s Q1 results
HAMPSTEAD, Md. — JoS. A. Bank Clothiers’ reported net income for the first quarter of fiscal year 2013 of $8.1 million, a 45% fall from $14.8 million for the first quarter of fiscal year 2012.
Total sales for the first quarter decreased 2.6% to $196.1 million from $201.4 million in year-ago period.
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Cabela’s to enter New York and Massachusetts
Sidney, Neb. -- Cabela’s Inc. continues to expand East with plans to open its stores in the states of New York and Massachusetts.
The hunting, fishing, camping and related outdoor merchandise retailer will open an 88,000-sq.-ft. store in the Buffalo suburb of Cheektowaga, N.Y., in fall 2014, and a similarly sized one in the Boston suburb of Berlin, in spring 2015. The exteriors of both locations will reflect Cabela’s signature log construction, stonework, wood siding, metal roofing and a large glass storefront.