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  • Tractor Supply to open 1,300th store; plans 2,100 units

    Brentwood, Tenn. -- Tractor Supply Company is opening its 1,300th store, as the company continues to grow toward its stated opportunity of 2,100 domestic store locations. The 1,300th store, located in Bullhead City, Ariz., will celebrate its grand opening on March 29, 2014.

  • Floor & Décor selects Manhattan Associates transportation, warehouse management systems

    Atlanta -- Manhattan Associates announced that Floor & Decor, a leading specialty retailer in the hard surface flooring market, has selected Manhattan Associates' transportation management system (TMS) and warehouse management System (WMS) solutions to unify its distribution systems under a robust platform that will support the company's growth. Manhattan's solutions will enable the company to gain more visibility across all networks and automate distribution processes.

  • Toys ‘R’ Us posts Q4 loss; store updates part of new ‘transformation’ strategy

    New York -- Coming off a disappointing 2013, Toys “R” Us unveiled a strategic plan to position the company for profitable growth in the future. The plan includes improving its in-store and online shopping experience, simplifying promotions, cutting costs, more disciplined inventory management, and more omni-channel integration with stores. Significantly, it not include closing stores apart from those involving standard lease expirations, top company executives said during a media presentation on Tuesday at the chain’s flagship in Times Square.

  • Toys’R’Us outlines TRU Transformation strategy

    Following a disappointing fourth quarter and fiscal year ended Feb. 1, Toys “R” Us hosted investors, industry analysts and the media and outlined its strategy for improving its operational performance and driving profitable growth in the future.

  • Dickey’s Barbecue opening seven new locations

    Dallas — Dickey’s Barbecue will open seven new locations this week — in Kent, Wash.; Richland, Miss.; Vienna, Va.; Colorado Springs, Colo.; Clinton Township, Mich.; Yonkers, N.Y.; and Dallas.

    The fast-growing 391-unit restaurant chain has added more than 200 stores in the past two years. There are more than 150 stores in development.

     

  • Francesca’s sees Q4 profit, comps slip; 85 stores on tap for 2014

    Houston -- While 91 new stores boosted sales for the final fiscal quarter and year-end, Francesca’s Holdings Corp. saw net income for the 13-week period ended Feb. 1 slide to $10.6 million, from $14.9 million last year.

    Same-store sales fell 6%, swinging from a 10% increase in the prior year quarter. Revenue surged to $92.1 million from $86.7 million, helped by 91 new boutique openings since the prior year quarter.  Five of the 91 opened during the fourth quarter.

  • Five Below Q4 tops estimates; 62 stores planned for current year

    Philadelphia -- Five Below on Tuesday reported better-than-expected results for its fiscal fourth quarter, ended Feb.1. The tween/teen retailer also said it is on track to open 62 stores in 2014

    The company posted net profits of $24.8 million, slightly higher than estimates of $24.6 million, up from $19.2 million in the year-ago period.

    Sales jumped 22.1% to $212 million, beating analysts' expectations for $207.78 million in sales. Same-store sales increased by 0.3%.

  • Gordmans Stores seeks new CEO

    Gordmans Stores president and CEO Jeff Gordman has resigned his post. According to the company, he is retiring to spend more time with his family as well as to pursue outside interests. Board chairman T. Scott King will serve as interim CEO while the company searches for Gordman’s successor.

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