In another executive shakeup in value retail sector leadership, Dollar General Corp. has announced that CEO Todd Vasos will retire from his position as CEO effective November 1 and that the company’s board of directors approved the promotion of Jeffery Owen, COO...
Kirkland’s Home, as it expands its furniture operation, is partnering with Ryder System to launch an in-home delivery service that will also provide light assembly to customers across the United States, the retailer announced. The nationwide program had its...
Kirkland’s sales and earnings declined in the fourth quarter but it still managed a solid beat of Wall Street estimates. Net income was $12.5 million, or 91 cents per diluted share, the company reported, versus $21.1 million, or $1.39 per diluted share, in the...
The holidays weren’t particularly kind to Kirkland’s, but the company will keep pushing strategic initiatives in the New Year, including a rebranding effort, as it pursues improvement. President and CEO Steve “Woody” Woodward said that comparable...
With continued consumer demand for value merchandise unabated and relative financial strength among major companies, few doubted that off-price retailers would make a rapid comeback from closures related to the COVID-19 pandemic. But that doesn’t mean they don’t face...
