comparable sales

Staples Sales Decline In Q3, Sells United Kingdom Business

Staples reported a decline in sales during its third quarter, asserting that results were in line with its strategic expectations. The company also agreed to sell its retail business in the United Kingdom to Hilco Capital Ltd.

Ulta Outlines Ambitious Growth Plans

Ulta Beauty held an analyst and investor conference last week, simultaneously raising its financial guidance and providing an update on its long-term strategy, which includes more store and better location productivity.

Amid Turmoil, Pier 1 Posts Q2 Loss

With a CEO search underway and a hedge fund recently taking a stake in the company, departing Pier 1 Imports chief executive officer Alex Smith had to report a second quarter constrained by soft store traffic.

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Pier 1 Imports CEO To Step Down

As it released preliminary second quarter financial results, which included an anticipated loss, Pier 1 Imports has reached an agreement with president and CEO Alex Smith that will result in his leaving the company effective December 31.

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