News

Lumber Liquidators has formalized its compliance and sustainability team headed by Raymond Cotton, who was appointed as chief compliance and sustainability officer in February and reports directly to president and CEO Robert M. Lynch.

Cotton manages the company’s quality assurance, sustainable sourcing, loss prevention, risk management and compliance with legal and regulatory requirements of global trade.  

Washington, D.C. -- The average person will spend $113.80 on neckties, tools, electronics and other special gifts for Father’s Day, slightly down from $119.84 last year, according to NRF’s 2014 Father’s Day Spending Survey conducted by Prosper Insights & Analytics. Total spending for the holiday is expected to reach $12.5 billion.

Vera Bradley has named Karen Peters as EVP, retail and wholesale sales.

Peters has 25 years of retail experience including multi-store management and merchandising. Between February 2005 and March 2014, she served as SVP, director of stores for Saks Fifth Avenue Off 5th. Prior to that, she held key management positions with Sears, Target and Kohl's.

Jacksonville, Fla. -- tw telecom, a provider of Business Ethernet and networking solutions announced it was selected by Stein Mart to provide Internet protocol virtual private network (IP VPN) service nationwide. The technology will allow Stein Mart to directly connect and securely pass data to its more than 270 stores and data centers nationwide.

Undeterred by bad weather and competitive pressures that took a toll on its first quarter performance, Dollar General is pressing ahead with plans for 700 new stores, recently opened its 12th distribution center and believes its full year profit forecast is attainable.

Hudson's Bay Company more than doubled sales in the first quarter driven primarily by its acquisition of Saks last year.

Retail sales were $1.9 billion, an increase of $971 million from $884 million for the prior year. Consolidated same-store sales increased by 2.8%, with increases of 2.5% at DSG, 2.6% at Saks Fifth Avenue and 15.1% at Off 5th. Digital commerce sales totaled $207 million, reflecting both the inclusion of Hudson's Bay and Lord & Taylor (which together are referred to as “Department Store Group” or DSG) and Saks.

Along with Apple’s release of iOS 8 on Monday, the company introduced an entirely new Health app that provides a clear overview of a user’s health and fitness data.

Atlanta -- EarthLink Holdings Corp., a managed network and cloud services provider, announced that Anna’s Linens have selected the company to provide a comprehensive managed network solution and SIP Trunking for voice over IP for its more than three hundred stores and 3,200 employees.

To accommodate their rapid growth, increasingly centralized IT model, and need to run more applications, Anna's IT leaders worked in collaboration with EarthLink partner Grauman Communications to transition to an EarthLink MPLS network and SIP Trunking.