Atlanta-based Aaronโs Inc. recently opened 32 new stores across 17 different states and two Canadian provinces. Over the last three months, company-operated and franchised stores have opened in Prescott, Maricopa and Buckeye, Ariz.; Tulare and El Cajon,...
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Habitat for Humanity will celebrate the opening of its new Southeast Portland "ReStore" in the Gateway district on Friday. The nonprofit once held occasional garage sales to offload extra building material from its home sites, but its retail arm has mushroomed into three locations expected to bring in $475,000 this year for Habitat projects. The store, at 10445 SE Cherry Blossom Dr., also will accept donations. Habitat for Humanity projects that the three locations -- including the stores in Beaverton and Vancouver -- will bring in as much as $1 million annually within five years.
BTIG initiated coverage of JC Penney with a buy, and Martha Stewart believes in the company's turnaround. CNBC's Courtney Reagan; Jan Kniffen, Worldwide Enterprises CEO; and William Frohnhoefer, BTIG Director of Research, discuss.
Minneapolis -- Scott Kennedy was named president of Target financial and retail service to replace long time finance executive Terry Scully. Scully spent nearly 35 years with Target and is moving into a strategic advisory role to ensure the smooth...
IRVING, Texas โ Michaels Stores reported that net sales for the fourth quarter increased 8.5% to $1.5 billion from $1.4 billion for the same period last year. Quarterly same-store sales increased 1.7% driven by a 2.3% increase in average ticket and a 0.6%...
New York-based Foot Locker Inc. plans to close its 22 skate wear CCS stores and run the concept as a purely online business, according to The Wall Street Journal. The company, which also owns Champs and Footaction chains, also announced that it plans to...
COLUMBUS, Ohio โ Express, a specialty retail apparel chain operating more than 620 stores, reported that fourth quarter net sales increased 8% to $728.7 million from $673.2 million in the fourth quarter of 2011. Comparable sales increased 1.5%, following...
BOLINGBROOK, Ill. โ Ulta Beauty has named Scott Settersten CFO and assistant secretary, effective immediately. Settersten will report to Dennis Eck, interim CEO. Settersten has been acting CFO and assistant secretary since October 2012. He previously...
Former Coach CFO Michael Devine has joined the board of rapidly growing discount retailer Five Below. read more
PHILADELPHIA โ Net income rose to $83 million at Urban Outfitters for its fourth quarter from $39.26 million in the year-ago period, on strong same-store sales and higher revenue. Total company net sales for the quarter increased 17% to $857 million....