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DSW net income rises in Q4; sees potential for 550 stores
Columbus, Ohio – DSW Inc. reported a net income increase in the fourth quarter of fiscal 2013 compared to the same period a year earlier, even as net sales dipped. Fourth quarter net income rose 4% to $28.1 million from $27.1 million, while net sales declined 4% to $572 million from $594 million and same-store sales remained flat.
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Kohl’s honored by EPA for reducing greenhouse gas emissions
New York -- Kohl's Department Stores was honored by the U.S. Environmental Protection Agency for its efforts to reduce emissions linked to climate change. The retailer was recognized with EPA’s Excellence in Greenhouse Gas Management (Goal Achievement) Award for reducing carbon emissions by improving the energy efficiency in its stores and buying renewable energy and installing solar panels.