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World Retail Congress to honor U.S. retailer
New York -- Kip Tindell, founder, chairman and CEO of The Container Store, will be inducted into the Retail Hall of Fame at the upcoming World Retail Congress, which will be held Sept. 8-10, in Rome, Italy. Tindell is also the current chairman of the National Retail Federation.
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Vitamin Shoppe profit tops Street; on track for 50 stores
North Bergen, N.J. -- Vitamin Shoppe Inc. had a tough quarter but its earnings still beat the Street.
The retailer on Wednesday reported second-quarter net income of $14.2 million, down from $16.9 million in the year-ago period, but still topping Wall Street expectations.
The company also said it plans 50 new stores in 2015.
Revenue increased 5.3% to $322.3 million in the period, short of analysts’ forecasts for $327.9 million.

