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Jared returns to social media for holiday sweepstakes
Jared is launching its "12 Days of Giveaways" sweepstakes for Facebook fans and Twitter followers now through Dec. 13. The campaign, introduced last year, gives customers the chance to enter to win daily prizes featuring brands available at Jared.
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New stores fuel Burlington’s third-quarter results
Burlington Stores credited performance at new stores for driving net sales during the third quarter.
The company’s net sales increased 10% to $1.06 billion, from $967.9 million. The increased was fueled primarily by a $53.2 million increase in sales related to new stores and stores previously opened that are not included in same-store sales, as well as a 3.9% increase in same-store sales.
The company also shrank its net loss to $7.4 million from $16.8 million during the quarter, compared to the prior-year quarter.