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Echo Global Logistics promotes operations exec on heels of Q2 results
CHICAGO, Ill. — Echo Global Logistics, a leading provider of technology-enabled transportation and supply chain management services, has promoted Nick Hannigan to the role of VP, corporate development.
In his new role, Hannigan will work closely with the executive team to develop and execute strategic acquisitions and partnerships as Echo continues to execute its growth strategy. During his six-year tenure with the company, he has held a variety of operating and management positions.
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HH Gregg Q1 comparable store sales up
HH Gregg saw a significant improvement in its financial results for the three-month period ended June 30. Despite a net loss of $1.3 million, or $0.04 per diluted share, the specialty retailer narrowed the gap from a net loss of $5.7 million, or $0.16 per diluted share, for the comparable prior-year period.
The decrease in net loss for the three month period ended June 30, 2013 was due, in part, to a comparable-store sales increase of 0.8%, offset by a decrease in gross profit as a percentage of net sales.