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Brown Shoe narrows loss; raises outlook
St. Louis, Mo. -- Brown Shoe Co Inc. on Tuesday posted a smaller second-quarter loss, helped by cost-cutting and higher sales at its Famous Footwear stores. The retailer also raised the lower end of its full-year profit outlook.
Brown Shoe’s quarterly loss narrowed to $2.5 million, compared with a loss of $4.6 million a year earlier.
Revenue decreased to $599.3 million. Same-store sales rose 3.9%.
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Great Lakes Brewing Company selects transportation management provider
DALLAS — Transplace, a leading provider of transportation management services and logistics technology, announced that Great Lakes Brewing Company (GLBC) has selected the third party logistics (3PL) provider to handle its North American transportation management activities.