Top Stories - Newsletter

09/11/2014 - 14:17

Five Below’s profit more than doubled to $8.3 million in the second quarter of fiscal 2014, from $4.1 million in the same period last year. Its results beat expectations. The chain issued a third-quarter earnings estimate slightly below Wall Street views, while increasing its full-year sales and earnings guidance.

09/11/2014 - 13:54

Kroger reported total sales of $25.3 billion, representing an increase of 11.6% for its second quarter. Total sales, excluding fuel, increased 12.4% in the second quarter over the same period last year.

09/10/2014 - 11:36

Since Family Dollar’s board of directors unanimously rejected Dollar General’s second and sweetened tender offer from Sept. 2, Dollar General has decided to make the tender offer directly to the company’s shareholders.

09/09/2014 - 18:14

Five Below has signed a lease for a new distribution center in Oldmans Township, New Jersey. The 1,045,000-sq.-ft. facility, located at 5 Gateway Blvd. in Pedricktown, will replace the company's existing 421,000-sq.-ft. facility located 12 miles away in New Castle, Delaware.

09/09/2014 - 18:07

Apple has unveiled its much anticipated Apple Watch featuring revolutionary new technologies and a pioneering user interface that could change the face of wearable health devices with a specially designed and engineered Digital Crown that provides an innovative way to scroll, zoom and navigate.

09/09/2014 - 16:20

Francesca's saw improvement in sales trends for its apparel, accessories and gift categories in the second quarter of 2014. But these were offset by weak jewelry sales, which took a bite out of the retailer’s gross profit.

09/09/2014 - 13:50

Tilly’s, a leading specialty retailer in the action sports industry selling clothing, shoes, and accessories, has enlisted visual search platform Slyce to assist it in the creation of Tilly's Snap Shop.

09/08/2014 - 13:32

In a few weeks, retailers across the country will set out to begin to interview, hire and train workers for very busy holiday season.

09/05/2014 - 14:24

Dollar Tree and Family Dollar have amended their merger agreement to include a commitment by Dollar Tree to divest as many stores as necessary or advisable to obtain antitrust clearance for the previously announced cash and stock transaction.

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