The National Father’s Day Council will recognize Tom Kingsbury, president, CEO and chairman of Burlington Stores, as a 2019 “Father of the Year” honoree. The 78th annual Father of the Year Awards will be presented at the New York Hilton Midtown Hotel on June 13.
Stage Stores has received notice from the New York Stock Exchange that it has regained compliance with NYSE continued listing criteria that require listed companies to maintain an average closing share price of at least $1 over a consecutive 30 trading-day period.
Hudson’s Bay is closing its Home Outfitters business in Canada and is performing a review of Saks Off 5th’s 133 stores, with an estimate of closing up to 20 locations in the U.S.
Second quarter sales at Tuesday Morning were up slightly as the retailer also reported strong gains in net income for the three month period ended December 31.
After a strong holiday season, Ollie’s Bargain Outlet is currently capitalizing on Toys “R” Us’ liquidation as the closeout retailer looks to expand, according to a recent media report.