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Going to Market
Gordmans enables growth in underserved markets with new technology platform
When Gordmans Stores Inc., the Omaha, Nebraska-based chain of 95 Midwestern discount stores, decided to expand into underserved markets in the central U.S., the retailer discovered its legacy IT systems would not adequately support its planned growth. Outmoded applications across a range of functions in the enterprise created such problems as the setting of a double-digit limit for location numbering. -
DSW steps up, beats Q3 expectations
DSW Inc. exceeded Wall Street expectations for net income and sales in the third quarter.
Net income fell a less than expected 10% to $49.5 million from $54.9 million the same quarter a year earlier, with higher operating expenses and lower pretax income contributing to the decline.
Sales totaled $670 million compared to $633 million in the prior-year quarter and same-store sales rose 2.6%.
