While announcing substantial growth intentions, Burlington Stores posted third-quarter earnings and revenues just shy of a Wall Street estimate but with strong comparable sales growth. Net income was $48.6 million, or 75 cents per diluted share, versus $16.8 million,...
Kohl’s announced the appointment of former Tuesday Morning CEO Fred Hand to the position of senior executive vice president, director of stores. Hand reports to Kohl’s President and COO Dave Alves and becomes part of the retailer’s senior executive leadership...
Burlington Stores didn’t disappoint in the second quarter, beating a Wall Street earnings expectation and equaling a revenue prediction as it prepared to add new stores and to relocate stores into former Bed Bath & Beyond locations it secured in a bankruptcy...
This week is National Bargain Hunting Week with Burlington Stores and Ollie’s announcing their own celebrations of the event. For its part, Ollie’s has released the results of a poll to point up the importance of bargain hunting during the week celebrating the...
Although some hope existed that BuyBuyBaby might sell as a complete entity, the retailer did not receive a sufficient offer at auction as an ongoing concern, turning the event into a sale of the company’s intellectual property. As such, the brick-and-mortar chain...
